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Ethical India Portfolio

Phillip Capital India Pvt Ltd
PMS Multi Cap & Flexi Cap
Benchmark
S&P BSE 500 TRI
Inception Date
12 December 2017
Min. Investment
₹50,00,000
SIP Available
Yes
STP Available
Yes

Investment Strategy

Investment Approach

The Phillip Ethical India portfolio presents a distinctive investment solution for individuals interested in Shariah-compliant and ethically screened opportunities within the Indian investment landscape. This portfolio is meticulously managed to align with Shariah principles, ensuring all investments strictly adhere to prescribed guidelines. Its investment strategy concentrates on companies operating within Shariah-permissible sectors, systematically excluding those engaged in activities such as gambling, the production or sale of alcohol, and conventional interest-based financial services.

Investment Objective

Allocate capital to enterprises demonstrating strong Environmental, Social, and Governance (ESG) principles, while excluding those involved in activities contrary to ethical considerations. The strategy prioritizes constructing a well-diversified portfolio across various market capitalizations to achieve investment objectives over the medium to long term.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -2.11% -0.24% -1.87%
3 MONTHS 1.39% 5.02% -3.63%
6 MONTHS -5.89% 1.28% -7.17%
1 YEAR -5.66% 6.62% -12.28%
2 YEAR 0.84% 10.50% -9.66%
3 YEAR 9.57% 15.08% -5.51%
5 YEAR 11.26% 15.43% -4.17%
SINCE INCEPTION 10.43% 12.60% -2.17%

Calendar Year Performance

Year Return
CY 2025 -5.66%
CY 2024 7.84%
CY 2023 29.44%

Financial Year Performance

Year Return
FY 26_YTD 5.12%
FY 25 0.65%
FY 24 28.04%

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

Fund Managers

Nishit Shah

Portfolio Manager

This investment professional holds a triple postgraduate qualification with a focus on finance and management. With over 19 years of dedicated experience in the Indian equity markets and investment products sector, they have contributed to prominent wealth management organizations and firms in India, including Sushil Finance, AMSEC, and Motilal Oswal. Their extensive background, encompassing both buy-side and sell-side roles, provides a comprehensive understanding of market dynamics and strategies for outperformance. The core investment philosophy centers on a disciplined approach: filtering out macroeconomic distractions to identify high-quality investment opportunities and maintaining a long-term conviction in winning positions. Furthermore, the emphasis is placed on portfolio concentration, as excessive diversification can lead to unmanageable complexity and diminished performance enhancement.

Portfolio Details

Portfolio Composition

Large Cap
17.01%
Mid Cap
31.23%
Small Cap
47.97%
Cash & Equivalent
3.79%

Top 5 Holdings

  • Eureka Forbes Limited 6.74%
  • SRF Ltd. 6.58%
  • Schaeffler India Limited 5.85%
  • Tata Consumer Products Limited 5.76%
  • Coforge Limited 5.76%

Top 5 Sectors

  • Capital Goods 27.84%
  • Information Technology 18.77%
  • Chemicals 14.04%
  • Automobile and Auto Components 12.64%
  • Healthcare 7.29%

Portfolio Characteristics

total number of stocks
23
top 5 stocks percent
30.69%
top 5 sectors percent
80.58%
average market cap
N/A
portfolio age
8 Yrs, 0 Months
sip
Available
stp
Available

Fee Structure

Fixed Fee

AMC: 2.5%

Variable Fee

AMC: 1.5%

Hurdle: 10%

Profit Sharing: 15%

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)