Monarch Networth raises ₹100 crore for maiden PMS via direct channel

28 Apr 2026

Monarch Networth Capital Ltd said it has raised ₹100 crore for its maiden Portfolio Management Services (PMS) offering, the Monarch Wealth Creator Fund, within a few months of launch, relying entirely on its internal distribution network without engaging external intermediaries. 

The company said the mobilisation underscores investor confidence in its research-led investment approach, with funds sourced directly from its existing client base and network. 

Performance since inception has been a key highlight. As of April 24, 2026, the PMS has delivered a time-weighted return of 10.72 per cent, compared to a negative 4.28 per cent return from its benchmark, the BSE 500 TRI, translating into an outperformance of 15 percentage points. 

The firm attributes this to a sector-agnostic strategy focused on companies with strong cash flows, high return on capital, scalable growth potential and governance standards. The investment process combines quantitative screening with qualitative evaluation of business and management factors. 

Monarch Networth now plans to scale up assets under management to ₹500 crore over the next two months, continuing with its direct distribution model. The company expects its branch network and institutional relationships to support this next phase of growth. 

Commenting on the milestone, Mr. Vaibhav Shah, Managing Director, Monarch Networth Capital Ltd., said: "Reaching Rs 100 crore in our maiden PMS within just a few months and doing so entirely through our own direct network without any external intermediary is a validation of the trust our clients place in Monarch's research and investment capabilities. But what is even more gratifying is the performance we have been able to deliver. A 15.0% outperformance over the BSE 500 TRI in such a short period, in what has been a challenging market for most investors, speaks to the strength and discipline of our investment process. 

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