ICE GROWTH
Portfolio Management ServiceStrategy AUM
Trailing 1Y return
Trailing Returns
APMI · annualised beyond 1Y · as of 01 May 2026
- 1M
- +3.85%
- 3M
- +7.70%
- 6M
- +2.51%
- 9M
- —
- 1Y
- +10.63%
- 2Y
- —
- 3Y
- —
- 4Y
- —
- 5Y
- —
- Since Inception
- +5.63%
- Strategy AUM
- ₹162 Cr
- Benchmark
- BSE 500 TRI
Performance vs Benchmark
Strategy vs BSE 500 TRI · trailing returns, % · alpha = excess
| Period | Strategy | Benchmark | Alpha |
|---|---|---|---|
| 1 Month | +3.85% | −0.17% | +4.02% |
| 3 Months | +7.70% | −2.34% | +10.04% |
| 6 Months | +2.51% | −5.39% | +7.90% |
| 1 Year | +10.63% | −0.07% | +10.70% |
| 2 Years | +0.00% | +0.00% | +0.00% |
| 3 Years | +0.00% | +0.00% | +0.00% |
| 4 Years | +0.00% | +0.00% | +0.00% |
| 5 Years | +0.00% | +0.00% | +0.00% |
| Since Inception | +5.63% | −3.58% | +9.21% |
Monthly Performance
Growth of ₹100 invested · month-on-month · 13 months
| Month | Strategy | Benchmark | Alpha |
|---|---|---|---|
| May-2026 | +3.85% | −0.17% | +4.02% |
| Apr-2026 | +14.68% | +10.38% | +4.30% |
| Mar-2026 | −9.57% | −11.37% | +1.80% |
| Feb-2026 | +0.50% | +0.45% | +0.05% |
| Jan-2026 | −4.76% | −3.34% | −1.42% |
| Dec-2025 | −0.56% | −0.24% | −0.32% |
| Nov-2025 | −0.23% | +0.96% | −1.19% |
| Oct-2025 | +5.22% | +4.27% | +0.95% |
| Sep-2025 | +0.22% | +1.24% | −1.02% |
| Aug-2025 | −1.75% | −1.75% | +0.00% |
| Jul-2025 | −1.51% | −2.71% | +1.20% |
| Jun-2025 | +6.02% | +3.68% | +2.34% |
| May-2025 | +5.94% | +3.54% | +2.40% |
Strategy Details
APMI fact sheet
- Inception
- 01 Oct 2024
- Age
- 1.8 Years
- Min. investment
- ₹50,00,000
- Turnover (1Y)
- 1.25×
- Turnover (1M)
- 0.06×
- Product
- Equity,Mutual Fund
as of 31 May 2026
Asset classes
Investment objective
This Approach intends to invest in baskets of stocks covering consumption, exports and investment aspects of the economy with no undue concentration in any stock or sector. The process of diversification may help control risk in the portfolio. The Portfolio manager aims to generate long term capital appreciation and superior returns by investing across market capitalizations.
Fund Managers
1 manager
Name
KARTIK B MEHTA
Fees & Investment
As disclosed to APMI
- Min. investment
- ₹50,00,000
- Fixed fees
- AMC charges-1.5%
- Variable fees
- AMC-1.25% Hurdle-12% Profit Sharing-25%
- Exit load
- 1st Year-3% 2nd Year-2% 3rd Year-1%
PMS Industry — SEBI
Latest monthly aggregate
- Total PMS AUM
- ₹44.11 Lakh Cr
- Total clients
- 2,23,279
- Discretionary
- ₹37.37 Lakh Cr
- Period
- july-2026
Industry AUM by asset class (top 5)
- Plain Debt Listed₹28.98 Lakh Cr
- Listed Equity₹7.60 Lakh Cr
- Plain Debt Unlisted₹5.00 Lakh Cr
- Mutual Funds₹1.93 Lakh Cr
- Others₹40,423 Cr
About
- Provider
- Ckredence Wealth Management Pvt Ltd
- Strategy
- ICE GROWTH
- Benchmark
- BSE 500 TRI
- Source
- APMI
Strategy performance, AUM, fees and fund-manager details are sourced from APMI (Association of Portfolio Managers in India); industry aggregates are from SEBI’s monthly PMS disclosures. Returns beyond one year are annualised; past performance is not indicative of future results, and a PMS strategy carries no capital guarantee. For information only, not investment advice.