The Alpha I Strategy
Portfolio Management ServiceStrategy AUM
Trailing 1Y return
Trailing Returns
APMI · annualised beyond 1Y · as of 01 May 2026
- 1M
- +0.88%
- 3M
- +0.37%
- 6M
- -3.44%
- 9M
- —
- 1Y
- +0.67%
- 2Y
- +3.91%
- 3Y
- +15.65%
- 4Y
- —
- 5Y
- —
- Since Inception
- +17.09%
- Strategy AUM
- ₹10 Cr
- Benchmark
- BSE 500 TRI
Performance vs Benchmark
Strategy vs BSE 500 TRI · trailing returns, % · alpha = excess
| Period | Strategy | Benchmark | Alpha |
|---|---|---|---|
| 1 Month | +0.88% | −0.17% | +1.05% |
| 3 Months | +0.37% | −2.34% | +2.71% |
| 6 Months | −3.44% | −5.39% | +1.95% |
| 1 Year | +0.67% | −0.07% | +0.74% |
| 2 Years | +3.91% | +4.14% | −0.23% |
| 3 Years | +15.65% | +13.46% | +2.19% |
| 4 Years | +0.00% | +0.00% | +0.00% |
| 5 Years | +0.00% | +0.00% | +0.00% |
| Since Inception | +17.09% | +15.04% | +2.05% |
Monthly Performance
Growth of ₹100 invested · month-on-month · 13 months
| Month | Strategy | Benchmark | Alpha |
|---|---|---|---|
| May-2026 | +0.88% | −0.17% | +1.05% |
| Apr-2026 | +11.75% | +10.38% | +1.37% |
| Mar-2026 | −10.97% | −11.37% | +0.40% |
| Feb-2026 | +0.51% | +0.45% | +0.06% |
| Jan-2026 | −2.70% | −3.34% | +0.64% |
| Dec-2025 | −1.62% | −0.24% | −1.38% |
| Nov-2025 | +0.09% | +0.96% | −0.87% |
| Oct-2025 | +3.60% | +4.27% | −0.67% |
| Sep-2025 | +1.05% | +1.24% | −0.19% |
| Aug-2025 | −1.64% | −1.75% | +0.11% |
| Jul-2025 | −1.86% | −2.71% | +0.85% |
| Jun-2025 | +3.08% | +3.68% | −0.60% |
| May-2025 | +5.35% | +3.54% | +1.81% |
Strategy Details
APMI fact sheet
- Inception
- 12 Apr 2023
- Age
- 3.1 Years
- Min. investment
- ₹50,00,000
- Turnover (1Y)
- 0.48×
- Turnover (1M)
- 0.00×
- Product
- Mutual Fund
as of 31 May 2026
Asset classes
Investment objective
Focus on Return Optimization by investing in a basket of well researched mutual funds. The basket would follow a multicap approach and invest in funds across various categories defined by SEBI.
Fund Managers
1 manager
Name
MAYUR P SHAH
Experience
19.00 years
Fees & Investment
As disclosed to APMI
- Min. investment
- ₹50,00,000
- Fixed fees
- AMC Charge: 2.50%
- Variable fees
- AMC: Upto 1% Hurdle Rate: 8% to 20% Profit Sharing: 0 to 25%
- Exit load
- 1st Year: 2% 2nd Year 1% After 2 Years: Nil
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
- Anand Rathi Advisors Limited
- Strategy
- The Alpha I Strategy
- 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.