Affluense AI AFFLUENSE

Wealth Builder

Fractal Capital Investments LLP
PMS Multi Cap & Flexi Cap
Benchmark
S&P BSE 500 TRI
Inception Date
1 March 2021
Min. Investment
₹50,00,000
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

Our investment philosophy occupies a middle ground between conventional growth and value strategies. We identify companies trading below their intrinsic value that possess distinctive business models, exhibiting the capacity for consistent earnings expansion across diverse market environments. While acknowledging the merits of both approaches, our methodology leans towards growth. We maintain that the sustained expansion of earnings and free cash flow represents the primary determinant of long-term stock appreciation. Our focus is on businesses with established models and demonstrable growth trajectories that, in our assessment, are currently undervalued by market participants.

Investment Objective

The primary objective of this investment strategy is to generate substantial long-term capital appreciation. This will be achieved through strategic investments in a focused selection of Indian equity securities. The selection criteria emphasize companies trading at a significant discount to their assessed intrinsic value and possessing robust long-term growth potential.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -1.74% -0.24% -1.50%
3 MONTHS 0.33% 5.02% -4.69%
6 MONTHS -4.75% 1.63% -6.38%
1 YEAR 3.10% 7.63% -4.53%
2 YEAR 12.35% 11.64% 0.71%
3 YEAR 21.03% 16.40% 4.63%
SINCE INCEPTION 18.29% 15.32% 2.97%

Calendar Year Performance

Year Return
CY 2025 3.10%
CY 2024 22.45%
CY 2023 40.44%
CY 2022 6.13%
CY 2021 19.00%

Financial Year Performance

Year Return
FY 26_YTD 9.73%
FY 25 16.25%
FY 24 38.64%
FY 23 21.10%
FY 22 4.99%
FY 21 0.20%

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

Fund Managers

Miten Lathia

Fund Manager, PMS

With over two decades of experience in equity markets, Miten brings 8 years of dedicated fund management expertise. He holds professional qualifications as a Chartered Accountant, Chartered Financial Analyst (CFA) ®, and Financial Risk Manager (FRM). Miten was responsible for the HDFC Capital Builder Value Fund from May 2012 to May 2020. Over this 8-year tenure, the fund outperformed its benchmark index in six fiscal years. Prior to his role at HDFC Asset Management, Miten served as an analyst with prominent broking firms including Brics, SSKI, Enam, and Anand Rathi.

Sanjeev Goswami

Fund Manager, PMS

Sanjeev, a seasoned investment banking professional, is a co-founder of Fractal Capital Investments LLP. He holds an MBA from Xavier Institute of Management, Bhubaneshwar, and a B.E. from Delhi College of Engineering. Prior to establishing Fractal Capital Advisors in 2013, Sanjeev served as a Managing Director at IDFC Capital. His extensive experience includes a strong track record in fundraising. Earlier in his career, Sanjeev worked as an analyst with prominent broking firms, including SSKI, B&K, and First Global.

Portfolio Details

Portfolio Composition

Large Cap
24.59%
Mid Cap
8.60%
Small Cap
64.43%
Cash & Equivalent
2.38%

Top 5 Holdings

  • EPL Ltd 7.96%
  • Equitas Small Finance Bank Ltd 7.70%
  • Emami Ltd 7.66%
  • Asian Paints Ltd 7.29%
  • JK Lakshmi Cement Ltd 6.77%

Top 5 Sectors

  • Financial Services 24.13%
  • Fast Moving Consumer Goods 19.33%
  • Consumer Durables 12.64%
  • Healthcare 9.10%
  • Capital Goods 7.96%

Portfolio Characteristics

total number of stocks
17
top 5 stocks percent
37.38%
top 5 sectors percent
73.16%
average market cap
217235
portfolio age
4 Yrs, 9 Months
sip
Not Available
stp
Not Available

Fee Structure

Fixed Fee

AMC: 2%

Variable Fee

AMC: 1%

Hurdle: 10%

Profit Sharing: 15%

Exit Load

Year 1: 3%

Year 2: 2%

Year 3: 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)