Nearly 70% of 254 PMS schemes outdid Nifty in 12 months, shows data

Nearly 70 per cent of the 254 portfolio management services (PMS) schemes have beaten the Nifty50 index in the past year. The schemes returned 26.6 per cent, on average, compared to 18.8 per cent given by the benchmark.

Green Portfolio’s Super 30 (136 per cent), Counter Cyclical Investment’s Long Term Value (121 per cent), and Right Horizon’s Minerva India Underserved (91 per cent) were the top performers, reveals the data from PMSBazaar.

None of the schemes gave negative returns over a one-year period.