Growth Plan

Chanakya Capital Services Pvt Ltd
PMS Multi Cap & Flexi Cap
Benchmark
Nifty 50 TRI
Inception Date
13 August 2018
Min. Investment
₹50,00,000
AUM (Cr.)
₹318.42
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

A long-term investment approach characterized by infrequent portfolio adjustments, emphasizing broad sector allocation.

Investment Objective

Chanakya Capital's investment philosophy centres on publicly traded Indian securities. Our approach prioritizes a judicious combination of fundamentally strong enterprises with robust management teams and undervalued turnaround situations. We seek companies governed by proficient and forward-thinking leadership, operating within sectors exhibiting significant growth potential and enduring competitive advantages. Investment is contingent upon the presence of an adequate margin of safety, irrespective of a company's apparent market appeal.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH 0.96% -0.28% 1.24%
3 MONTHS 9.03% 6.33% 2.70%
6 MONTHS 3.95% 2.92% 1.03%
1 YEAR 17.89% 11.88% 6.01%
2 YEAR 15.46% 10.97% 4.49%
3 YEAR 21.31% 14.32% 6.99%
5 YEAR 22.80% 14.68% 8.12%
SINCE INCEPTION 16.50% 13.17% 3.33%

Calendar Year Performance

Year Return
CY 2025 17.89%
CY 2024 13.11%
CY 2023 33.94%
CY 2022 14.71%
CY 2021 36.33%
CY 2020 11.58%
CY 2019 2.14%
CY 2018 -2.92%

Financial Year Performance

Year Return
FY 26_YTD 18.78%
FY 25 15.16%
FY 24 39.64%
FY 23 10.36%
FY 22 23.31%
FY 21 87.90%
FY 20 -37.98%
FY 19 1.15%

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

Fund Managers

Rajesh Kumar Tiwari

Fund Manager, PMS

With over three decades of dedicated experience in banking and investment management, encompassing both equity and debt instruments, Mr. Tiwari founded Capital Crest Securities Private Limited (CCSPL) in 2008. From 2010 to 2017, he served as an advisor to Acacia Partners, a prominent Foreign Institutional Investor (FII) in India, managing their Indian equity portfolio valued in excess of USD 2 billion. Prior to establishing CCSPL, Mr. Tiwari held the position of President (Credit) at UTI Bank (now Axis Bank). During his seven-year tenure, he was instrumental in expanding the bank’s corporate credit portfolio from INR 1,500 crores to INR 32,000 crores. Concurrently, he achieved a significant reduction in the Non-Performing Asset (NPA) percentage, bringing it down from 6.50% to 0.30%. His leadership at UTI/Axis Bank was pivotal in transforming the corporate credit business, elevating it to a position of quality and market leadership. Between 1992 and 2001, Mr. Tiwari spent nine years at Unit Trust of India (UTI), where he spearheaded and professionalized the equity research function. He is also recognized for his role in revitalizing the India Fund, positioning it among the top-performing Indian offshore funds. In 1988, he was part of the foundational team from IDBI involved in the establishment of the Securities and Exchange Board of India (SEBI). Mr. Tiwari holds a Post Graduate Diploma in Management (PGDM) from IIM-Ahmedabad and a Ph.D. in Finance from the University of North Texas. He is also a co-founder of Lumens and a director at Micasa Education Pvt. Ltd., an entity operating K-12 schools under the brand name ‘Lumens School’. The inaugural Lumens School, established in Vapi in 2011, currently serves over 600 students and has garnered recognition for its educational excellence.

Portfolio Details

Portfolio Composition

Large Cap
58.92%
Mid Cap
7.43%
Small Cap
33.24%
Cash & Equivalent
0.03%

Top 5 Holdings

  • Axis Bank Ltd 18.35%
  • Bajaj Holdings & Investment Limited 9.82%
  • HDFC Bank Ltd 8.83%
  • Karur Vysya Bank Ltd. 6.19%
  • South Indian Bank Ltd. 5.84%

Top 5 Sectors

  • Financial Services 64.42%
  • Metals & Mining 9.72%
  • Automobile and Auto Components 7.31%
  • Construction Materials 4.25%
  • Capital Goods 2.57%

Portfolio Characteristics

total number of stocks
203
top 5 stocks percent
49.03%
top 5 sectors percent
88.27%
average market cap
N/A
portfolio age
7 Yrs, 4 Months
sip
Not Available
stp
Not Available

Fee Structure

Variable Fee

AMC: 1%

Hurdle: 8%

Profit Sharing: 20%

Exit Load

Year 1: 0%

Year 2: 0%

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)