Manager
Astute Investment Management
Service
Discretionary
Asset class
Equity

Multiplier

+39.14%

1-year return

Benchmark S and P BSE 500 (TR) −2.33% · to 30 Sep 2026

Astute Investment Management’s Multiplier returned 39.14% over the year to 30 Sep 2026, against −2.33% for its benchmark, the S and P BSE 500 (TR). It managed ₹232 crore across its clients.

Key numbers

AUM
₹232 Cr
Benchmark
S and P BSE 500 (TR)
Turnover, past year
0.71×
Min. investment
₹50 lakh (SEBI)
Reported to SEBI
30 Sep 2026

Returns vs benchmark

Multiplier returns against the S and P BSE 500 (TR)
PeriodThis strategyS and P BSE 500 (TR)Difference
1 month+5.52%−5.57%+11.09%
3 months+14.66%−3.59%+18.25%
6 months+66.57%+8.07%+58.50%
1 year+39.14%−2.33%+41.47%
2 years+32.17%−3.93%+36.10%
3 years+42.29%+9.20%+33.09%
4 years+34.85%+11.21%+23.64%
5 years+28.61%+8.90%+19.71%
Since inception+22.29%+10.76%+11.53%

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 equity99.33%
  • Mutual funds0.65%
  • Cash and other0.02%

Flows and turnover

Inflow, Sep 2026
₹1.10 Cr
Outflow, Sep 2026
₹1.91 Cr
Net, Sep 2026
−₹0.81 Cr
Net, FY to date
₹7.65 Cr
Turnover, month
0.01×
Turnover, past year
0.71×

Money clients put in and took out. The financial year runs from 1 April.

FAQs

What has Multiplier returned?

39.14% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: 5.52%; 3 months: 14.66%; 6 months: 66.57%; 1 year: 39.14%; 2 years: 32.17%; 3 years: 42.29%; 4 years: 34.85%; 5 years: 28.61%; Since inception: 22.29%.

How has it done against its benchmark?

Its benchmark, the S and P BSE 500 (TR), returned −2.33% over the year, so the strategy was 41.47 percentage points ahead.

How much does Multiplier manage?

₹232 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 Multiplier?

Astute Investment Management, a SEBI-registered portfolio manager (INP000002536), 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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