Top 49 PMS schemes deliver over 50% returns in 2023

Top 49 PMS schemes deliver over 50% returns in 2023; portfolio managers share their secret mantra Almost all portfolio management schemes (PMS) generated positive returns for their rich investors in 2023. The performance came at a time when the BSE Sensex advanced 19 per cent during the year. On the other hand, broader indices BSE SmallCap and BSE MidCap surged 48 per cent and 46 per cent, respectively. With a return of 96.57 per cent in 2023, Invasset LLP’s Growth Pro Max Fund topped the chart, as per data collated by PMS Bazaar. Overall, as many as 317 PMS schemes delivered positive return to investors in the past 12 months. Out of that, 49 schemes generated more than 50 per cent returns for investors. Anirudh Garg, Partner and Fund Manager, Invasset PMS said, “We attribute our success to our unique, scientific approach in stock selection. Unlike traditional methods, which often rely on the subjective judgments of fund managers, our methodology is rooted in rigorous data-driven analysis.  [Read more](3D/0/2) If you would prefer not receiving our emails, please [Click Here](3D)