8% for the month. Retail investors who allocate a portion of their savings to professionally managed schemes found several multi‑cap and flexi‑cap strategies delivering double‑digit returns, underscoring the appeal of active management in a volatile global environment. 54% gain, while Pluswealth Capital, Emkay, and five other managers each delivered returns ranging from 5% to 11%.
Six of the ten best‑performing PMS portfolios crossed the 5% threshold, outpacing many traditional equity mutual funds and highlighting the potential upside of diversified, actively rebalanced portfolios. The strong performance was buoyed by a resilient domestic equity market despite heightened geopolitical tensions and mixed global cues. Multi‑cap and flexi‑cap mandates benefited from their ability to shift across sectors, capitalising on the rebound in information technology, consumer discretionary, and financials that drove the Nifty higher.
This flexibility helped mitigate sector‑specific risks and capture upside in areas where macro‑level sentiment turned favourable. For salaried professionals eyeing wealth‑building avenues, the July results suggest that well‑selected PMS offerings can complement a core SIP portfolio, especially when they focus on broad market exposure and dynamic allocation. However, investors should weigh the higher fee structure against the potential for superior returns and remain mindful of the inherent market risks associated with active management.