Portfolio management services delivered strong returns in June, with the best-performing funds generating gains of up to 14.54%. According to reports from The Economic Times, Money Grow Asset Pvt Ltd led the performance chart with its Small Midcap strategy returning 14.54% during the month. Close behind was Equirus Wealth Pvt Ltd, whose Long Horizon Fund delivered 14.49% returns. Amaltas Asset Management LLP also featured among the top performers, as its Strategic Opportunities Series 1 strategy generated a 11.92% return. The strong performance was driven by small-cap and multi-cap strategies, highlighting continued investor preference for broader market opportunities.
Multi-cap and flexi-cap strategies continued to make a strong showing, with White Whale Partners LLP's Rising Star PF returning 11.86% and Clockvine Capital Advisors Pvt Ltd's Growth Fund gaining 11.41%. East Green Advisors LLP delivered robust performance with its Agile Strategy posting a 11.35% return. Among small-cap focused offerings, Tradeswift Broking Private Limited's Sparkling Gems strategy returned 11.16%, while Electrum Portfolio Managers Pvt Ltd's Laureate Portfolio gained 10.94%. Equitree Capital Advisors Pvt Ltd rounded out the top performers with its Emerging Opportunities strategy generating a 10.76% return. Accel Asset Management LLP's Long Term Equity Fund, a multi-cap and flexi-cap strategy, also featured on the list with a return of 10.97%.
Indian equities delivered strong performance in June, with the Nifty advancing 2% and the Sensex gaining 1.5%, aided by a sharp decline in crude oil prices following the interim peace agreement between the US and Iran. As reported by The Economic Times, the broader market outperformed the benchmarks, with the Nifty Smallcap 100 rising more than 4%, while the Nifty Midcap index lagged with a comparatively modest gain of 0.5%. This strong market performance provided favorable conditions for PMS strategies across different investment styles.
On the other end of the spectrum, several PMS strategies ended June in negative territory, with losses extending to nearly 10%. According to The Economic Times, the weakest performer during the month was Dezerv Investments Private Limited's Strategic Holdings in Natural Elements (SHINE), which declined 9.69%. Alchemy Capital Management's High Growth strategy followed with a loss of 7.81%, while Capital 8 LLP's Capital 8 Infinity Fund slipped 6.85%. Among other laggards, Moat Financial Services Pvt Ltd's UpperCrust Wealth Fund declined 6.57%, while Aequitas Investment Consultancy Pvt Ltd's India Opportunities Product fell 6.37%. The list of underperformers was largely dominated by multi-cap & flexi-cap strategies, although small-cap, mid & large-cap and multi-asset offerings also featured among the weakest performers during the month.
