- Manager
- Maximal Capital
- Service
- Discretionary
- Asset class
- Debt
Maximal Income Fund
+10.90%
1-year return
Benchmark Nifty Medium to Long Duration Debt Index +0.08% · to 30 Sep 2026
Maximal Capital’s Maximal Income Fund returned 10.90% over the year to 30 Sep 2026, against 0.08% for its benchmark, the Nifty Medium to Long Duration Debt Index. It managed ₹52.29 crore across its clients.
Key numbers
- AUM
- ₹52.29 Cr
- Benchmark
- Nifty Medium to Long Duration Debt Index
- Turnover, past year
- 0.58×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | Nifty Medium to Long Duration Debt Index | Difference |
|---|---|---|---|
| 1 month | −1.96% | −0.84% | −1.12% |
| 3 months | +1.47% | −1.78% | +3.25% |
| 6 months | +8.87% | +0.55% | +8.32% |
| 1 year | +10.90% | +0.08% | +10.82% |
| 2 years | +16.89% | +3.11% | +13.78% |
| 3 years | +18.50% | +5.07% | +13.43% |
| 4 years | +18.59% | +5.72% | +12.87% |
| Since inception | +18.80% | +6.00% | +12.80% |
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 equity99.12%₹51.83 Cr
- Cash and other0.88%₹0.46 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹1.90 Cr
- Outflow, Sep 2026
- ₹0.56 Cr
- Net, Sep 2026
- ₹1.34 Cr
- Net, FY to date
- ₹9.99 Cr
- Turnover, month
- 0.05×
- Turnover, past year
- 0.58×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has Maximal Income Fund returned?
10.90% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: −1.96%; 3 months: 1.47%; 6 months: 8.87%; 1 year: 10.90%; 2 years: 16.89%; 3 years: 18.50%; 4 years: 18.59%; Since inception: 18.80%.
How has it done against its benchmark?
Its benchmark, the Nifty Medium to Long Duration Debt Index, returned 0.08% over the year, so the strategy was 10.82 percentage points ahead.
How much does Maximal Income Fund manage?
₹52.29 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 Maximal Income Fund?
Maximal Capital, a SEBI-registered portfolio manager (INP000007313), 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.
Full disclaimerSee how a PMS fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app