February 2026 Portfolio Management Scheme Performance Rankings

Multi-Cap PMS Strategies Post Strong Gains Amid Market Volatility

In a surprising turn of events, select multi-cap Portfolio Management Services (PMS) strategies have posted impressive monthly gains despite the market's volatility. The Nifty 50 TRI declined by -0.51%, while the BSE 500 TRI barely rose by +0.45%.

Top Performers

• Purnartha's Pratham rose by 9%, outperforming the market.
• Valcreate's Lifesciences thematic gained 8.77%, driven by its focus on innovation-driven sectors such as agrochemicals, pharmaceuticals, and specialty chemicals.

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PMS Strategies

1. Valcreate Investment Managers LLP - Lifesciences and Specialty Opportunities: Managed by Rajesh Pherwani, this scheme focuses on innovation-driven sectors and seeks companies with technocrat promoters, extensive product pipelines, and low-competition environments.
2. Purnartha Investment Advisers - Vision Strategy: A quality-oriented, multi-cap vehicle with flexibility across sectors and market caps.
3. Motilal Oswal Asset Management Company - Ethical Strategy: A multi-cap, flexi-cap PMS launched under the Motilal Oswal “QGLP” research framework, managed by Vaibhav Agarwal.
4. NAFA Asset Manager - Clean Tech Portfolio: A high-conviction scheme that concentrates on 10 to 15 stocks primarily on electric vehicles and clean technology sectors.
5. Emkay Investment Manager - ENVI: A multi-cap, flexi-cap PMS managed by Kashyap Javeri, positioned as the Emkay New Vitalised India (ENVI) Strategy.
6. Capital 8 LLP - Capital 8 Infinity Fund: A multi-cap, flexi-cap PMS managed by Panna Bhandari, structured around macro-level inter-market analysis and long-term cycle studies.
7. Sundaram Alternate Assets - SISOP: A multi-cap PMS (skewed to large-cap), managed under Karthik Athreya’s “3Q” approach.
8. Fort Capital Investment Advisory - Value Fund: A small-cap PMS run by Ishan Thakkar, positioned as a value-oriented scheme with a long-term horizon.
9. Axis Securities - Kaizen: Managed by Naveen Kulkarni, this scheme focuses on diversified exposure across capital goods, automobiles, healthcare, construction, and oil & gas.