Benjamin Graham, who is also known as the father of value investing, once said — "The individual investor should act consistently as an investor and not as a speculator."
After three straight months of fall (June to August), the month of September gave relief to investors as both the Sensex and the Nifty managed to break above crucial resistance levels, thanks to reforms introduced by the government to kick start growth in the economy.
The S&P BSE Sensex reclaimed mount 38,000 and rallied by about 3.5 percent. But there are as many as 79 Portfolio Management Services (PMS) schemes across largecap, midcap, and multicap category that outperformed the Sensex in September.
These portfolio schemes were able to create alpha or outperform the benchmark index in the same period, data from PMSBazaar.com showed — an online portal used for PMS comparison, investment and analytics.