Reverse Research
Portfolio Management ServiceStrategy AUM
Trailing 1Y return
Trailing Returns
APMI · annualised beyond 1Y · as of 01 May 2026
- 1M
- +4.33%
- 3M
- +10.67%
- 6M
- +3.40%
- 9M
- —
- 1Y
- +14.35%
- 2Y
- +7.31%
- 3Y
- +20.68%
- 4Y
- +20.53%
- 5Y
- +17.47%
- Since Inception
- +22.45%
- Strategy AUM
- ₹1,959 Cr
- Benchmark
- Nifty 50 TRI
Performance vs Benchmark
Strategy vs Nifty 50 TRI · trailing returns, % · alpha = excess
| Period | Strategy | Benchmark | Alpha |
|---|---|---|---|
| 1 Month | +4.33% | −1.72% | +6.05% |
| 3 Months | +10.67% | −6.30% | +16.97% |
| 6 Months | +3.40% | −9.87% | +13.27% |
| 1 Year | +14.35% | −3.84% | +18.19% |
| 2 Years | +7.31% | +3.35% | +3.96% |
| 3 Years | +20.68% | +9.53% | +11.15% |
| 4 Years | +20.53% | +10.37% | +10.16% |
| 5 Years | +17.47% | +9.87% | +7.60% |
| Since Inception | +22.45% | +12.26% | +10.19% |
Monthly Performance
Growth of ₹100 invested · month-on-month · 13 months
| Month | Strategy | Benchmark | Alpha |
|---|---|---|---|
| May-2026 | +4.33% | −1.72% | +6.05% |
| Apr-2026 | +15.79% | +7.49% | +8.30% |
| Mar-2026 | −8.39% | −11.30% | +2.91% |
| Feb-2026 | +3.00% | −0.51% | +3.51% |
| Jan-2026 | −8.02% | −3.04% | −4.98% |
| Dec-2025 | −1.38% | −0.28% | −1.10% |
| Nov-2025 | −0.59% | +1.92% | −2.51% |
| Oct-2025 | +6.51% | +4.62% | +1.89% |
| Sep-2025 | +0.53% | +0.77% | −0.24% |
| Aug-2025 | +0.79% | −1.21% | +2.00% |
| Jul-2025 | +0.39% | −2.77% | +3.16% |
| Jun-2025 | +2.69% | +3.37% | −0.68% |
| May-2025 | +7.84% | +1.92% | +5.92% |
Strategy Details
APMI fact sheet
- Inception
- 01 Mar 2012
- Age
- 14.3 Years
- Min. investment
- ₹50,00,000
- Turnover (1Y)
- 1.47×
- Turnover (1M)
- 0.16×
- Product
- Equity
as of 31 May 2026
Asset classes
Investment objective
The objective of the strategy is to generate long-term capital appreciation by investing in under-researched and/or under-valued growth stocks which are in a secular uptrend based on Relative Strength Comparative Indicator.
Fund Managers
1 manager
Name
Ravi Chadha (MD & CIO)
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
- MIV Investment Services Private Limited
- Strategy
- Reverse Research
- 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.