Affluense AI AFFLUENSE

Wealth Builder

Karma Capital Advisors Pvt Ltd
PMS Multi Cap & Flexi Cap
Benchmark
S&P BSE 500 TRI
Inception Date
31 December 2006
Min. Investment
₹50,00,000
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

A diversified investment strategy that does not focus on specific market capitalizations or industry sectors.

Investment Objective

The primary objective of this investment strategy is to generate sustained capital growth over an extended period through a disciplined and patient approach to investing in the Indian securities market.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -1.58% -0.24% -1.34%
3 MONTHS 1.99% 5.02% -3.03%
6 MONTHS -2.65% 1.63% -4.28%
1 YEAR 2.28% 7.63% -5.35%
2 YEAR 9.55% 11.63% -2.08%
3 YEAR 19.68% 16.39% 3.29%
5 YEAR 20.28% 16.81% 3.47%
SINCE INCEPTION 13.00% 12.32% 0.68%

Calendar Year Performance

Year Return
CY 2009 90.70%
CY 2008 -47.29%
CY 2007 29.51%
CY 2025 2.28%
CY 2024 17.36%
CY 2023 42.87%
CY 2022 -7.97%
CY 2021 59.61%
CY 2020 21.45%
CY 2019 -9.76%
CY 2018 -24.15%
CY 2017 61.20%
CY 2016 13.12%
CY 2015 20.47%
CY 2014 64.30%
CY 2013 -3.33%
CY 2012 47.17%
CY 2011 -28.96%
CY 2010 2.49%

Financial Year Performance

Year Return
FY 26_YTD 9.11%
FY 09 -33.54%
FY 08 3.33%
FY 07 -3.89%
FY 25 7.19%
FY 24 58.58%
FY 23 -11.80%
FY 22 45.65%
FY 21 127.46%
FY 20 -49.44%
FY 19 -14.93%
FY 18 16.76%
FY 17 57.58%
FY 16 7.31%
FY 15 51.84%
FY 14 17.98%
FY 13 15.62%
FY 12 -11.34%
FY 11 -4.04%
FY 10 91.12%

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

Fund Managers

Rushabh Sheth

Fund Manager

Rushabh brings more than 29 years of extensive experience in the Indian asset management sector, with a primary focus on listed equities. Throughout his distinguished career spanning over two decades, he has actively participated in diverse asset management modalities, including Portfolio Management Services, Mutual Funds, and Offshore Funds. He has also played a significant role in the development of India's fund management industry. Currently, Rushabh serves as a Portfolio Manager and holds additional corporate responsibilities as a Director at KCA.

Nikhil Desai

Fund Manager

Nikhil’s professional expertise of over 27 years is in the field of Portfolio Management and Research In Listed India Equities spanning several market cycles and different money management formats.Nikhil followed his calling of entrepreneurship when he founded Karma Capital Advisors in 2005 along with his former colleagues. The motivation for founding Karma Capital was to build a platform for like-minded team members who believe in a value oriented investment philosophy with a focus on long term value creation for clients.

Portfolio Details

Portfolio Composition

Large Cap
26.38%
Mid Cap
18.53%
Small Cap
49.82%
Cash & Equivalent
5.27%

Top 5 Holdings

  • Jubilant Pharmova Ltd 7.02%
  • Sbi Cards And Payment Services Ltd 6.26%
  • Alivus Life Sciences Ltd 6.10%
  • Varroc Engineering Ltd 5.47%
  • Tata Communications Ltd 5.18%

Top 5 Sectors

  • Health Care 28.90%
  • BFSI 25.07%
  • Automobiles & Components 16.45%
  • Communication Services 9.10%
  • Industrials 6.94%

Portfolio Characteristics

total number of stocks
25
top 5 stocks percent
30.03%
top 5 sectors percent
86.46%
average market cap
106131.52
portfolio age
19 Yrs, 0 Months
sip
Not Available
stp
Not Available

Fee Structure

Fixed Fee

AMC: 2.5%

Variable Fee

AMC: 1.5%

Hurdle: 10%

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)