ACE - Multicap

Asit C Mehta Investment Intermediates Ltd
PMS Multi Cap & Flexi Cap
Benchmark
S&P BSE 500 TRI
Inception Date
23 August 2018
Min. Investment
₹50,00,000
AUM (Cr.)
₹141.16
SIP Available
Yes
STP Available
Yes

Investment Strategy

Investment Approach

This flexible-cap strategy employs a concentrated portfolio of 15-25 equity instruments, prioritizing established industry leaders and emerging growth companies. Large-capitalization stocks contribute stability and market leadership, while mid and small-capitalization equities are selected for their potential to drive enhanced capital appreciation.

Investment Objective

We employ a research-intensive, conviction-oriented strategy focused on generating sustainable long-term capital appreciation. Our investment philosophy integrates a balanced allocation across growth, value, and blended investment styles to ensure a comprehensive and robust stock selection process.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -0.38% -0.24% -0.14%
3 MONTHS 7.05% 5.02% 2.03%
6 MONTHS 3.94% 1.63% 2.31%
1 YEAR 8.17% 7.63% 0.54%
2 YEAR 15.73% 11.65% 4.08%
3 YEAR 32.83% 16.41% 16.42%
5 YEAR 28.89% 16.82% 12.07%
SINCE INCEPTION 20.17% 13.94% 6.23%

Calendar Year Performance

Year Return
CY 2025 8.17%
CY 2024 23.92%
CY 2023 73.69%
CY 2022 9.96%
CY 2021 35.56%
CY 2020 28.70%
CY 2019 -4.85%
CY 2018 -8.19%

Financial Year Performance

Year Return
FY 26_YTD 18.11%
FY 25 1.87%
FY 24 102.69%
FY 23 9.88%
FY 22 23.79%
FY 21 88.79%
FY 20 -36.12%
FY 19 -2.83%

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

Fund Managers

Mr. Prathmesh Agrawal possesses over 13 years of extensive experience in the Indian listed equity domain, with a primary focus on portfolio strategy formulation, risk mitigation, and in-depth investment appraisal. Before his current role at ACMIIL, he served as Vice President (Investments) at ENAM Asset Management. His prior professional engagements involved significant contributions to investment strategy and portfolio management at firms such as Varanium Capital, Religare Portfolio Managers, and Moody’s Analytics. Mr. Agrawal holds the designation of Chartered Accountant and is certified as a Portfolio Manager by NISM (Series XXIB). His proficiency encompasses a broad spectrum of business functions, underpinned by a demonstrated history of achieving superior returns and enhancing portfolio efficiency.

Portfolio Details

Portfolio Composition

Large Cap
25.54%
Mid Cap
24.26%
Small Cap
47.19%
Cash & Equivalent
3.00%

Top 5 Holdings

  • Reliance Industries Ltd 8.63%
  • Piramal Finance Limited. 7.85%
  • Ambuja Cements Ltd. 6.95%
  • ICICI Bank Ltd. 6.82%
  • IIFL Finance Limited 5.21%

Top 5 Sectors

  • Financial Services 29.63%
  • Automobile and Auto Components 13.80%
  • Healthcare 12.94%
  • Oil, Gas & Consumable Fuels 8.63%
  • Consumer Services 7.44%

Portfolio Characteristics

total number of stocks
48
top 5 stocks percent
35.46%
top 5 sectors percent
72.44%
average market cap
292874.97
portfolio age
7 Yrs, 4 Months
sip
Available
stp
Available

Fee Structure

Fixed Fee

AMC: 2.5%

Variable Fee

AMC: 1.5%

Hurdle: 8%

Profit Sharing: 20%

Exit Load

Year 1: 1%

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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)