Over 50% PMS schemes outperform Nifty50 in February, shows data

February was a mixed bag for PMS schemes, with 111 of 217 schemes outperforming the Nifty50. The schemes returned 7.2 per cent on average, better than the 6.6 per cent given by the benchmark.
 
Better performing strategies in February included Right Horizons’ Super Value (21.7%), Roha Asset Managers’ Emerging Champions (20.2%), and Valentis Advisors’ Rising Star Opportunity (19.4%), the data from PMS Bazaar showed.
 
On a one-year basis, Nine Rivers Capital’s Aurum Small Cap Opportunity (77.9%), Valentis Advisors’ Rising Star Opportunity (74%), and Equirus Securities’ Long Horizon Fund (67.9%) stood out.
 
Large-cap PMS schemes (average returns of 4.9 %), mid-cap (9.8%), multi cap (7.1%), and small-cap (8.9%) — all underperformed their respective category benchmark indices.