Long Term Growth
Portfolio Management ServiceStrategy AUM
Trailing 1Y return
Trailing Returns
APMI · annualised beyond 1Y · as of 01 May 2026
- 1M
- +1.84%
- 3M
- +4.62%
- 6M
- -0.95%
- 9M
- —
- 1Y
- -1.13%
- 2Y
- +6.18%
- 3Y
- +18.00%
- 4Y
- +15.67%
- 5Y
- +13.42%
- Since Inception
- +13.21%
- Strategy AUM
- ₹1,176 Cr
- Benchmark
- Nifty 50 TRI
Performance vs Benchmark
Strategy vs Nifty 50 TRI · trailing returns, % · alpha = excess
| Period | Strategy | Benchmark | Alpha |
|---|---|---|---|
| 1 Month | +1.84% | −1.72% | +3.56% |
| 3 Months | +4.62% | −6.30% | +10.92% |
| 6 Months | −0.95% | −9.87% | +8.92% |
| 1 Year | −1.13% | −3.84% | +2.71% |
| 2 Years | +6.18% | +3.35% | +2.83% |
| 3 Years | +18.00% | +9.53% | +8.47% |
| 4 Years | +15.67% | +10.37% | +5.30% |
| 5 Years | +13.42% | +9.87% | +3.55% |
| Since Inception | +13.21% | +11.03% | +2.18% |
Monthly Performance
Growth of ₹100 invested · month-on-month · 13 months
| Month | Strategy | Benchmark | Alpha |
|---|---|---|---|
| May-2026 | +1.84% | −1.72% | +3.56% |
| Apr-2026 | +15.21% | +7.49% | +7.72% |
| Mar-2026 | −10.79% | −11.30% | +0.51% |
| Feb-2026 | +2.47% | −0.51% | +2.98% |
| Jan-2026 | −3.85% | −3.04% | −0.81% |
| Dec-2025 | −3.92% | −0.28% | −3.64% |
| Nov-2025 | −1.71% | +1.92% | −3.63% |
| Oct-2025 | +0.73% | +4.62% | −3.89% |
| Sep-2025 | +0.24% | +0.77% | −0.53% |
| Aug-2025 | −0.41% | −1.21% | +0.80% |
| Jul-2025 | −1.58% | −2.77% | +1.19% |
| Jun-2025 | +2.61% | +3.37% | −0.76% |
| May-2025 | +7.81% | +1.92% | +5.89% |
Strategy Details
APMI fact sheet
- Inception
- 24 Aug 2007
- Age
- 18.9 Years
- Min. investment
- ₹50,00,000
- Turnover (1Y)
- 0.31×
- Turnover (1M)
- 0.05×
- Product
- Equity
as of 31 May 2026
Asset classes
Investment objective
Long Term Growth
Fund Managers
1 manager
Name
MILIND KARMARKAR
Fees & Investment
As disclosed to APMI
- Min. investment
- ₹50,00,000
- Fixed fees
- AMC Change : 2%
- Variable fees
- Not disclosed
- Exit load
- Not disclosed
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
- Dalal & Broacha Stock Broking Pvt. Ltd.
- Strategy
- Long Term Growth
- Benchmark
- Nifty 50 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.