Affluense AI AFFLUENSE

Consistent Compounders

Marcellus Investment Managers Pvt Ltd
PMS Large Cap
Benchmark
Nifty 50 TRI
Inception Date
1 December 2018
Min. Investment
₹50,00,000
AUM (Cr.)
₹2143.41
SIP Available
Yes
STP Available
Yes

Investment Strategy

Investment Approach

This investment strategy focuses on constructing a concentrated portfolio composed of companies possessing robust and enduring competitive advantages. The objective is to identify and invest in enterprises that demonstrate the capacity for sustained, healthy earnings expansion over extended investment horizons.

Investment Objective

We focus on constructing a deliberately concentrated investment portfolio, identifying companies with robust competitive advantages that are well-positioned for sustained, significant earnings expansion over extended time horizons.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -1.52% -0.28% -1.24%
3 MONTHS 1.58% 6.33% -4.75%
6 MONTHS -5.56% 2.92% -8.48%
1 YEAR 2.47% 11.88% -9.41%
2 YEAR 3.00% 10.97% -7.97%
3 YEAR 7.14% 14.32% -7.18%
5 YEAR 6.22% 14.68% -8.46%
SINCE INCEPTION 12.80% 14.51% -1.71%

Calendar Year Performance

Year Return
CY 2025 2.47%
CY 2024 3.54%
CY 2023 15.91%
CY 2022 -8.54%
CY 2021 20.57%
CY 2020 33.79%
CY 2019 27.40%
CY 2018 1.84%

Financial Year Performance

Year Return
FY 26_YTD 6.63%
FY 25 3.49%
FY 24 23.73%
FY 23 -11.12%
FY 22 14.75%
FY 21 50.13%
FY 20 7.64%
FY 19 5.03%

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

Fund Managers

Rakshit Ranjan

Fund Manager

Prior to his current role, Rakshit accumulated six years of experience (2005-2011) focusing on the United Kingdom equity market. He held positions at Lloyds Bank, serving as Director of Institutional Equity Research, and at Execution Noble, where he led sector analysis. During this period, his expertise in UK Insurance mid-cap equities earned him consistent recognition, ranking among the top three analysts in Thomson Reuters Extel surveys. Since 2011, Rakshit has been instrumental in developing Ambit Capital's consumer research division. This franchise achieved the number one ranking for Discretionary Consumer research and secured a top-three position for Consumer Staples research in both 2015 and 2016. In March 2017, he initiated Ambit’s Coffee Can Portfolio Management Service (PMS), which he managed until December 2018. Under his stewardship, Ambit’s Coffee Can PMS emerged as a leading equity product in India during 2018, demonstrating strong performance. Educational Background: Rakshit holds a Bachelor of Technology (B.Tech) degree from IIT Delhi and is a CFA charterholder.

Portfolio Details

Portfolio Composition

Large Cap
52.70%
Mid Cap
31.70%
Small Cap
12.60%
Cash & Equivalent
3.00%

Top 5 Holdings

  • Divi's Laboratories Ltd. 8.00%
  • Trent Ltd. 8.00%
  • Narayana Hrudayalaya Ltd. 7.50%
  • Tube Investments 7.50%
  • Eicher Motors 7.20%

Top 5 Sectors

  • Financial Services 24.50%
  • Pharma & Healthcare 22.60%
  • Auto & Auto Components 18.40%
  • Building Materials 15.30%
  • Consumer Discretionary 11.20%

Portfolio Characteristics

total number of stocks
14
top 5 stocks percent
38.20%
top 5 sectors percent
92.00%
average market cap
171810
portfolio age
7 Yrs, 0 Months
sip
Available
stp
Available

Fee Structure

Fixed Fee

AMC: 2%

Variable Fee

AMC:

Hurdle:

Profit Sharing:

Exit Load

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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)