- Manager
- Karvy Capital
- Service
- Discretionary
- Asset class
- Debt
Demeter
+3.51%
1-year return
Benchmark CRISIL – Aggressive Credit Debt Term Index +9.25% · to 30 Sep 2026
Karvy Capital’s Demeter returned 3.51% over the year to 30 Sep 2026, against 9.25% for its benchmark, the CRISIL – Aggressive Credit Debt Term Index. It managed ₹60.59 crore across its clients.
Key numbers
- AUM
- ₹60.59 Cr
- Benchmark
- CRISIL – Aggressive Credit Debt Term Index
- Turnover, past year
- 93.11×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | CRISIL – Aggressive Credit Debt Term Index | Difference |
|---|---|---|---|
| 1 month | +0.13% | +0.54% | −0.41% |
| 3 months | +1.90% | +1.62% | +0.28% |
| 6 months | +2.73% | +4.77% | −2.04% |
| 1 year | +3.51% | +9.25% | −5.74% |
| 2 years | +4.96% | +9.94% | −4.98% |
| 3 years | +6.53% | +9.68% | −3.15% |
| 4 years | +5.99% | +10.39% | −4.40% |
| 5 years | +6.58% | +9.86% | −3.28% |
| Since inception | +10.55% | +10.17% | +0.38% |
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
- Debt91.76%₹55.60 Cr
- Mutual funds8.30%₹5.03 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹0
- Outflow, Sep 2026
- ₹0.43 Cr
- Net, Sep 2026
- −₹0.43 Cr
- Net, FY to date
- −₹5.72 Cr
- Turnover, month
- 9.94×
- Turnover, past year
- 93.11×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has Demeter returned?
3.51% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: 0.13%; 3 months: 1.90%; 6 months: 2.73%; 1 year: 3.51%; 2 years: 4.96%; 3 years: 6.53%; 4 years: 5.99%; 5 years: 6.58%; Since inception: 10.55%.
How has it done against its benchmark?
Its benchmark, the CRISIL – Aggressive Credit Debt Term Index, returned 9.25% over the year, so the strategy was 5.74 percentage points behind.
How much does Demeter manage?
₹60.59 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 Demeter?
Karvy Capital, a SEBI-registered portfolio manager (INP000004524), 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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