India Resurgent
Portfolio Management ServiceStrategy AUM
Trailing 1Y return
Trailing Returns
APMI · annualised beyond 1Y · as of 01 May 2026
- 1M
- +2.42%
- 3M
- +5.64%
- 6M
- +1.20%
- 9M
- —
- 1Y
- +10.88%
- 2Y
- +12.43%
- 3Y
- +21.80%
- 4Y
- +19.42%
- 5Y
- +18.17%
- Since Inception
- +13.16%
- Strategy AUM
- ₹13 Cr
- Benchmark
- BSE 500 TRI
Performance vs Benchmark
Strategy vs BSE 500 TRI · trailing returns, % · alpha = excess
| Period | Strategy | Benchmark | Alpha |
|---|---|---|---|
| 1 Month | +2.42% | −0.17% | +2.59% |
| 3 Months | +5.64% | −2.34% | +7.98% |
| 6 Months | +1.20% | −5.39% | +6.59% |
| 1 Year | +10.88% | −0.07% | +10.95% |
| 2 Years | +12.43% | +4.14% | +8.29% |
| 3 Years | +21.80% | +13.46% | +8.34% |
| 4 Years | +19.42% | +13.31% | +6.11% |
| 5 Years | +18.17% | +12.29% | +5.88% |
| Since Inception | +13.16% | +11.79% | +1.37% |
Monthly Performance
Growth of ₹100 invested · month-on-month · 13 months
| Month | Strategy | Benchmark | Alpha |
|---|---|---|---|
| May-2026 | +2.42% | −0.17% | +2.59% |
| Apr-2026 | +12.42% | +10.38% | +2.04% |
| Mar-2026 | −8.26% | −11.37% | +3.11% |
| Feb-2026 | +1.53% | +0.45% | +1.08% |
| Jan-2026 | −2.58% | −3.34% | +0.76% |
| Dec-2025 | −3.14% | −0.24% | −2.90% |
| Nov-2025 | −0.55% | +0.96% | −1.51% |
| Oct-2025 | +2.48% | +4.27% | −1.79% |
| Sep-2025 | +5.33% | +1.24% | +4.09% |
| Aug-2025 | −0.52% | −1.75% | +1.23% |
| Jul-2025 | +0.08% | −2.71% | +2.79% |
| Jun-2025 | +2.52% | +3.68% | −1.16% |
| May-2025 | +8.26% | +3.54% | +4.72% |
Strategy Details
APMI fact sheet
- Inception
- 04 Mar 2015
- Age
- 11.3 Years
- Min. investment
- ₹50,00,000
- Turnover (1Y)
- 2.18×
- Turnover (1M)
- 0.21×
- Product
- Equity
as of 31 May 2026
Asset classes
Investment objective
The investment objective of this Investment Approach is to generate long term capital appreciation by following broad based portfolio investment strategy, where the Portfolio Manager will focus on investing in listed equity shares of Indian companies and equity related instruments/units of the Exchange Traded Funds (�¢??ETFs�¢??). The aim is to focus on bottom up stock picking across the sectors and generate compounding over the longer term. The emphasis will be investing in those companies that are predominantly Mid-cap and select Large & Small Cap shares (Upto 35% of the Portfolio) with high growth opportunities across industries and across market capitalizations. Broadly the investment strategy of this Investment Approach will be to adopt a more dynamic style of investment to take advantage of growth opportunities for companies focused on domestic and/or international markets. The focus will be on the sectors and companies that could benefit due to structural reforms, government thrust, resurgent in demand, benefiting out of R&D, new products and/or related diversification or renewed thrust by the management and avoid sectors that could experience prolonged pain or take time to come out of stress, unless available at significant discount to intrinsic value. The investment will seek to achieve 24diversification across companies and sectors. The endeavour will be to hold around shares of 20 listed companies and/or units of the ETFs in the Portfolio to provide some diversification. The Portfolio Manager may also consider investing in any initial public offerings of equity share of any company. The indicative tenure or investment horizon of the Investment Approach will be long-term time horizon (3-5years). The Portfolio Manager may invest in derivatives and/or related instruments only to hedge or rebalance the Portfolio. Subject to the Regulations and the applicable guidelines, the Portfolio Manager may engage in Securities Lending activities. While investment decision of the Portfolio Manager may be guided by the above perceptions, the same are indicative in nature. The Portfolio Manager retains the flexibility to change the investment strategy from time to time, keeping in view market conditions, market opportunities, and political and economic factors.
Fund Managers
1 manager
Name
Ratish Varier
Fees & Investment
As disclosed to APMI
- Min. investment
- ₹50,00,000
- Fixed fees
- Not disclosed
- Variable fees
- Not disclosed
- Exit load
- Not disclosed
APMI does not publish a fee schedule for this strategy — confirm fees with the portfolio manager.
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
- J M Financial Ltd
- Strategy
- India Resurgent
- 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.