Top 10 portfolio management schemes for March 2025: ASK Investment Managers leads the gainers

Top 10 PMS for March 2025: ASK Investment Managers leads the gainers

The March snapshot of portfolio management schemes' performances reveals that ASK Investment Managers' Lighthouse Portfolio led the pack with a return of 15.03%. Following closely is Moat Financial Services' UpperCrust Wealth Fund at 14.89%. Tulsian PMS recorded a return of 13.80%.

ASK Investment Managers has two mentions in the list, with the other one being its Emerging Opportunities Portfolio with 12.91% returns. While its Lighthouse Portfolio logged healthy inflows of Rs 15.46 crore versus Rs 2.48 crore in outflows, its Emerging Opportunities Portfolio witnessed more money leaving than coming in — Rs 11.03 crore in outflows against Rs 2.43 crore inflows, pointing to some rebalancing by clients within the firm’s broader strategies.

Top 10 PMS based on performance in the month of March, 2025

The strategy is overseen by Sandip Bansal, led by the core investment philosophy of identifying and investing predominantly in a limited number of themes or sectors that are currently undergoing significant structural transformations within the economy. The portfolio construction strategy involves selecting businesses across the spectrum of market capitalisations – large cap, mid cap, and small Cap – to participate in these identified structural shifts.

The MOAT UpperCrust Wealth PMS, managed by Ramakrishna T B, aims to protect and enhance clients' long-term purchasing power by investing in established, well-managed companies in sectors positioned to capitalize on India's economic trajectory. Their strategy emphasizes identifying businesses with a proven ability to generate substantial and consistent returns over time. (Note: Benchmark is S&P BSE 500 TRI)

The strategy is led by Abhinandan Tulsian, following an investment approach pointing towards a strategy of identifying undervalued assets with the potential for appreciation. It utilises in-house developed software for portfolio allocation. (Note: Benchmark is Nifty 50 TRI)

This concentrated PMS (20-25 stocks across market caps) targets future large-cap companies with proven track records, strong competitive advantages, and capital efficiency in sizable markets for long-term outperformance. The strategy is managed by Chetan Thacker and emphasizes investing in mid-sized businesses with greater certainty and superior quality of earnings at reasonable valuations. (Note: Benchmark is S&P BSE 500 TRI)

The strategy led by Amit Goel, focuses on deftness and complete flexibility in asset allocation. It follows a macro top-down approach, with its strategy utilising a composition of fixed income, equity & equity equivalents, global equity, precious metals. (Note: Benchmark is NSE Multi Asset Index 1)

The strategy is managed by Sanjeev Patni, overlooking a diversified portfolio consisting of 10-25 stocks. This concentrated yet diversified approach aims to provide optimum diversification across various sectors while maintaining a focused portfolio. The investment objective is implicitly stated as being suitable for investors with a moderate to high appetite for risk. (Note: Benchmark is S&P BSE 500 TRI)

The strategy is managed by Umesh Gupta, with an investment approach that is defined as a multi-cap strategy with a GARP (growth at a reasonable price) method. Following a long tail approach, it holds 25 to 30 stocks at an average, with 1 or 2 percent allocation at initiation. On the other hand, the exit strategy is inverse of the entry strategy wherein the exit is initiated when PEG is lesser than 1.5/2. (Note: Benchmark is Nifty 50 TRI)

The strategy, managed by Kunal Shah, targets sustained wealth by investing in quality growth companies with strong leadership. The investment approach is to select stocks through an objective assessment of potential outcomes and associated risks, irrespective of market capitalization, while prioritizing entry at reasonable valuations. (Note: Benchmark is S&P BSE 500 TRI)

Launched in 2023, this strategy is managed by Vaibhav Agarwal. The top sectors that it is invested in includes capital goods, consumer durables, consumer services and realty. It aims to achieve long term capital appreciation by primarily investing in equity & equity related instruments across market capitalization. (Note: Benchmark is S&P BSE 500 TRI)

Managed by Umesh Gupta who is also the Co-Head of Equities at Ambit Global Private Client, the strategy employs a tactical, market-cap agnostic approach. It is focused on the Indian manufacturing sector and the capex cycle, with an aim to capture near-term opportunities, acknowledging the potential for high volatility. (Note: Benchmark is Nifty 50 TRI)