Within the PMS Bazaar universe, over 77% of PMSes outperform their respective benchmark in 10 years.

The Indian stock market has performed well over the past decade, despite periods of volatility. The Nifty 50 TRI and BSE 500 TRI indexes have delivered returns of 14.73% and 16.7% respectively over this period.
In this regard, the Portfolio Management Services (PMS) have delivered superior returns in the past 10 years (data as of Feb 29, 2024). Out of 53 PMS approaches that completed 10 years, within the PMS Bazaar universe, 41 outperformed, their benchmarks, the Nifty 50 TRI and BSE 500 TRI. The average return for these PMS approaches was 18.94%.
Interestingly, most of these top performers were multi-cap funds. This category offers diversification benefits and allows portfolio managers more flexibility in stock selection. And this flexibility has helped PMS managers generate returns for investors, even during volatile periods. It also indicates that long-term investing can be a successful wealth-creation strategy.







Recent Blogs

Access Innovative Global Themes via Gift City Route
PMS Bazaar recently organized a webinar titled “Access Innovative Global Themes via Gift City Route,” which featured Mr. Vaibhav Shah, Associate Director – Head- Business Strategy, Products & International Business, Mirae Asset Investment Managers and Mr. Scott Helfstein, Head of Investment Strategy, Global X ETFs.

110 of 123 AIFs Deliver Gains in April; Top Performers Log 5–9% Returns
Long-only AIFs (2.19%) outperformed long-short peers (1.28%) with category average alpha of ~90 bps as macro tailwinds and index gains supported broad-based strategy resilience

Gateway to Global Investing: Strategic Access through GIFT City
PMS Bazaar recently organized a webinar titled “Gateway to Global Investing: Strategic Access through GIFT City,” which featured Mr. Alok Kumar, Head – Alternate Products & Special Mandates, Aditya Birla Sun Life AMC Limited and Mr. Rudy Gopalakrishnan, Fund Manager, Lyptus Capital Global Fund.

April Delivers Gains for PMS; One in Four Strategies Beat Benchmarks
Large caps led this month’s PMS strategy gains (3.06%), while Smallcaps lagged at 0.88%; most categories delivered 1–2.5% returns

From Relationships to Results: Building Enduring Client Trust in Wealth Management
PMS Bazaar conducted another episode of the Alternates Universe Webinar Series – Season 2 – Episode 10:

PMS Strategies Face Reality Check in FY25: A Year of Tested Patience
After an extraordinary FY24, PMS strategies across segments saw a reset in FY2025, with returns normalising amid market volatility, mid & smallcap corrections, and selective sector resilience.

From Highs to Headwinds: How AIFs Performed in FY2025
After an exceptional FY2024, both long-only and long-short AIFs in India faced a tougher market in FY2025, delivering resilient returns against a challenging backdrop.

AIFs Delivered a Strong Comeback in March 2025 as Markets Rebound
As many as 111 of 120 strategies delivering positive returns, outperforming key indices