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MNC PMS

Anand Rathi Advisors Ltd
PMS Thematic
Benchmark
S&P BSE 500 TRI
Inception Date
28 March 2018
Min. Investment
₹50,00,000
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

The investment strategy focuses on a concentrated portfolio of 15 to 20 multinational corporation (MNC) stocks. Approximately 50% of the portfolio will be allocated to large-capitalization stocks. Sectoral diversification is maintained throughout the portfolio. The key advantages of investing in MNCs include their proven business models, robust balance sheets, stringent corporate governance standards, superior return ratios, and favorable risk-adjusted return profiles.

Investment Objective

This investment strategy aims to achieve consistent returns and manage risk by allocating capital to Indian-listed multinational corporations.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -3.00% -0.24% -2.76%
3 MONTHS -4.73% 5.02% -9.75%
6 MONTHS -8.73% 1.63% -10.36%
1 YEAR -4.31% 7.63% -11.94%
2 YEAR 4.06% 11.65% -7.59%
3 YEAR 10.03% 16.41% -6.38%
5 YEAR 11.52% 16.82% -5.30%
SINCE INCEPTION 11.30% 14.78% -3.48%

Calendar Year Performance

Year Return
CY 2025 -4.31%
CY 2024 13.16%
CY 2023 22.99%
CY 2022 -1.75%
CY 2021 31.75%
CY 2020 19.05%
CY 2019 13.17%
CY 2018 -3.38%

Financial Year Performance

Year Return
FY 26_YTD 4.11%
FY 25 1.21%
FY 24 27.39%
FY 23 2.91%
FY 22 15.00%
FY 21 45.71%
FY 20 -0.70%
FY 19 0.70%
FY 18 -4.14%

Past performance is not indicative of future results. Returns are subject to market risks.

Fund Managers

Mayur Shah

Assistant Vice President

Mr. Mayur Shah brings over two decades of comprehensive experience in investment advisory, product innovation, and portfolio stewardship. As the current Fund Manager for Portfolio Management Services (PMS) at Anand Rathi, he has been a key contributor to the firm since 2007. His specialization encompasses both the PMS division and the Private Client Group's Equity Advisory arm. Mr. Shah's academic credentials include an MBA in Finance, complemented by a Certified Financial Planner (CFP) designation, underscoring his robust grounding in financial planning and investment management principles. He commenced his professional journey in 2005 at Kotak Securities Ltd., initially as an Investment Advisor. His responsibilities rapidly evolved to include the development and oversight of equity products, establishing a strong foundation for his subsequent portfolio and fund management responsibilities. Mr. Shah is distinguished by his strategic insights and a client-focused methodology in investment management, earning him recognition as a dependable advisor to a broad spectrum of clients.

Portfolio Details

Portfolio Composition

Large Cap
37.82%
Mid Cap
33.91%
Small Cap
25.39%
Cash & Equivalent
1.02%

Top 5 Holdings

  • Maruti Suzuki India Ltd. 8.95%
  • Cummins India Ltd. 7.45%
  • Nippon Life India Asset Management Limited 6.47%
  • KFin Technologies Limited 6.11%
  • GlaxoSmithkline Pharmaceuticals Ltd. 5.96%

Top 5 Sectors

  • Capital Goods 31.22%
  • Fast Moving Consumer Goods 18.82%
  • Financial Services 17.98%
  • Automobile and Auto Components 8.95%
  • Healthcare 5.96%

Portfolio Characteristics

total number of stocks
21
top 5 stocks percent
34.94%
top 5 sectors percent
82.93%
average market cap
127715
portfolio age
7 Yrs, 9 Months
sip
Not Available
stp
Not Available

Fee Structure

Fixed Fee

AMC: 2.5%

Variable Fee

AMC: No Option

Hurdle: No Option

Profit Sharing: No Option

Exit Load

Year 1: 2%

Year 2: 1%

Year 3: 0%

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Disclaimer

Returns are as of 2025-12-31. Returns for periods up to one year are not annualized. Returns for periods exceeding one year are annualized. Returns are computed using the Time Weighted Rate of Return (TWRR) methodology and are provided by the respective Asset Management Companies (AMCs). 'ND' denotes 'No Data', and 'NA' denotes 'Not Applicable'. The performance of the respective Benchmark Indices is presented above. Benchmark(s) are as defined in SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022, APMI circular no. APMI/2022-23/02 dated March 23, 2023, and Revised Annexure-1.

This page is provided solely for general informational purposes in relation to the strategy and is based on publicly available information. While reasonable care has been taken to ensure accuracy, the information may not reflect the most recent updates.

Nothing on this page constitutes investment, financial, or legal advice. Investment decisions should be made after consulting a qualified advisor and reviewing official scheme documents.

Last Updated: January 2026 · Published by Affluense AI (affluense.ai)