Nearly all of the PMS schemes delivered positive returns in April on the back of a rebound in the market. The schemes, however, underperformed the benchmark indices, with the large-cap, multi -cap and the mid- & small-cap categories giving average category returns of 12.1 per cent, 11.6 per cent and 13.2 per cent, respectively.
In comparison, the Nifty, Nifty MidCap 100 and BSE 500 gave returns of 14.7 per cent, 15.4 per cent and 14.6 per cent.
For a one-year period, the Consistent Compounders strategy run

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