Multi-cap and flexi-cap strategies dominated the top-performing PMS portfolios in August, with five of the 10 strategies delivering double-digit monthly returns. According to reports from The Economic Times, East Green Advisors' Quant Strategy emerged as the best performer with a 14.73% return for the month ended August 31, 2026. The strategy, benchmarked against the BSE 500 TRI, topped the performance chart with strong gains during the month. Atlas Integrated Finance's Momentum 20 PMS Fund followed with a 14.46% return, making it the second-best performer during August. Hem Securities' India Rising SME Stars, the only small-cap strategy among the top performers, gained 13.08% in August, demonstrating strong performance despite challenging market conditions.
Hem Securities' India Rising SME Stars, the only small-cap strategy among the top performers, gained 13.08% in August. As reported by The Economic Times, the strategy is benchmarked against the BSE 500 TRI and demonstrated strong performance despite the challenging market conditions. Jainam Broking's Jainam Value Maxima, a multi-cap and flexi-cap strategy benchmarked against the Nifty 50 TRI, posted a 12.30% return. Accelt Asset Management's Long Term Equity Fund rounded out the double-digit performers with an 11.32% gain, showing consistent strength across different market segments.
According to The Economic Times, Ashima Capital Management's Long Heritage Value Fund recorded the steepest decline among the strategies listed, falling 7.64% during August. Lakewater Advisors' India Growth followed with a 5.12% fall, while Omniscience Capital Advisors' Omni Energy Transition declined 4.50%. Amaltas Asset Management's Strategic Opportunities Series 1 fell 4.23%, and Omniscience Capital Advisors' Omni Industry Inc rounded out the list of declining strategies with a 3.67% fall in August.
As reported by The Economic Times, analysts remain divided on the near-term outlook for Indian markets. Anand James, chief market strategist at Geojit Investments, noted that the Nifty's struggle to reclaim the 24,000 mark is beginning to look less like a pause and more like a warning signal. He said after closing below the rising trendline that had supported the index since April, the benchmark faces the risk of a deeper correction towards 23,260. However, Elara Securities remains bullish on the Nifty, with managing director Harendra Kumar expecting the index to reach 30,000 over the next 15 months. Kumar expects the market to deliver a 15%-20% return over the next 15 months, supported by a stabilising rupee and resilient corporate earnings.
