Small and Midcap Financials

Trivantage Capital Management India Pvt Ltd
PMS Small & Mid Cap
Benchmark
Nifty 50 TRI
Inception Date
1 March 2023
Min. Investment
₹50,00,000
SIP Available
Yes
STP Available
No

Investment Strategy

Investment Approach

Investment decisions for this portfolio will be driven by a granular, company-specific analysis. The strategy will focus on identifying opportunities within the financial services industry, with a particular emphasis on smaller and medium-sized enterprises.

Investment Objective

This open-ended, long-only investment strategy is designed for sustained capital appreciation. The portfolio primarily allocates capital to equity instruments of small and mid-capitalization entities within the financial services industry, with a focus on long-term wealth generation.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH 1.54% -0.28% 1.82%
3 MONTHS 11.34% 6.33% 5.01%
6 MONTHS -0.34% 2.92% -3.26%
1 YEAR 9.89% 11.88% -1.99%
2 YEAR 11.42% 10.97% 0.45%
SINCE INCEPTION 20.38% 17.00% 3.38%

Calendar Year Performance

Year Return
CY 2025 9.89%
CY 2024 12.99%

Financial Year Performance

Year Return
FY 26_YTD 27.32%
FY 25 2.82%
FY 24 30.48%

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

Fund Managers

Nikhil Johri

Founder & CIO

Mr. [Name] brings extensive leadership experience in the Indian asset management sector, having previously led country-level operations for prominent global financial institutions including Alliance Capital (now AllianceBernstein), ABN AMRO, and BNP Paribas. Throughout these engagements, he held board positions within their Indian entities and contributed to their respective Asian management committees. His governance experience extends to serving on the Board of Directors of the Association of Mutual Funds in India (AMFI). Mr. [Name] commenced his career at ICICI Limited (now ICICI Bank) and subsequently managed treasury portfolios at ANZ Bank, including a period with the bank’s global treasury unit in Sydney, Australia, a leading international financial market. He later held the position of Treasurer for a significant Indian corporation, overseeing investment portfolios. This comprehensive background across diverse financial segments positions Mr. [Name] as a rare professional with deep insights into the interconnectedness of the Indian financial ecosystem. He established Trivantage Capital to capitalize on compelling emerging opportunities within India, coinciding with a transformative period for the nation's financial sector. Mr. [Name] has developed a proprietary investment methodology for equity selection. This model integrates his evaluation of fundamental business drivers, such as strategic resilience and management team integrity, with insights derived from his established relationships with senior leaders across leading Indian banking and financial services organizations. Academically, Mr. [Name] is an alumnus of the Indian Institute of Management (IIM), Ahmedabad, and is a member of The Institute of Chartered Accountants of India (ICAI).

Portfolio Details

Portfolio Composition

Large Cap
0.00%
Mid Cap
63.67%
Small Cap
33.67%
Cash & Equivalent
2.66%

Top 5 Holdings

  • Federal Bank Ltd 6.53%
  • AU Small Finance Bank Ltd 6.48%
  • Multi Commodity Exchange of India Ltd 6.34%
  • Nippon Life India Asset Management Ltd 6.28%
  • Muthoot Finance Ltd 5.91%

Top 5 Sectors

  • Finance 100.00%

Portfolio Characteristics

total number of stocks
N/A
top 5 stocks percent
31.54%
top 5 sectors percent
100.00%
average market cap
55986.29
portfolio age
2 Yrs, 9 Months
sip
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: 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)