- Manager
- Ashima Capital Management
- Service
- Discretionary
- Asset class
- Equity
Ashima Long Heritage Value Fund
−1.54%
1-year return
Benchmark S and P BSE 500 Total Return Index −2.33% · to 30 Sep 2026
Ashima Capital Management’s Ashima Long Heritage Value Fund returned −1.54% over the year to 30 Sep 2026, against −2.33% for its benchmark, the S and P BSE 500 Total Return Index. It managed ₹293 crore across its clients.
Key numbers
- AUM
- ₹293 Cr
- Benchmark
- S and P BSE 500 Total Return Index
- Turnover, past year
- 0.76×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | S and P BSE 500 Total Return Index | Difference |
|---|---|---|---|
| 1 month | −0.22% | −5.57% | +5.35% |
| 3 months | −8.95% | −3.59% | −5.36% |
| 6 months | −4.38% | +8.07% | −12.45% |
| 1 year | −1.54% | −2.33% | +0.79% |
| Since inception | +9.22% | +7.65% | +1.57% |
Time-weighted returns (TWRR) as the managers report them to SEBI, after fees and expenses; periods over a year are annualised. Reported for 30 Sep 2026.
Portfolio mix
- Listed equity97.40%₹285 Cr
- Cash and other2.60%₹7.62 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹0
- Outflow, Sep 2026
- ₹0.54 Cr
- Net, Sep 2026
- −₹0.54 Cr
- Net, FY to date
- ₹4.42 Cr
- Turnover, month
- 0.01×
- Turnover, past year
- 0.76×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has Ashima Long Heritage Value Fund returned?
−1.54% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: −0.22%; 3 months: −8.95%; 6 months: −4.38%; 1 year: −1.54%; Since inception: 9.22%.
How has it done against its benchmark?
Its benchmark, the S and P BSE 500 Total Return Index, returned −2.33% over the year, so the strategy was 0.79 percentage points ahead.
How much does Ashima Long Heritage Value Fund manage?
₹293 crore at 30 Sep 2026, as reported to SEBI.
What is the minimum investment in a PMS?
SEBI sets the minimum at ₹50 lakh per client, in cash or securities. A manager can ask for more.
Who manages Ashima Long Heritage Value Fund?
Ashima Capital Management, a SEBI-registered portfolio manager (INP000009153), runs it as a discretionary service.
How are PMS returns reported?
Portfolio managers report each strategy’s time-weighted return (TWRR) to SEBI every month, after fees and expenses, beside the benchmark they chose. Periods over a year are annualised.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. PMS investments carry higher minimums and risks; read the disclosure document.
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