Manager
Miv Investment Services
Service
Discretionary
Asset class
Equity

Reverse Research

+30.58%

1-year return

Benchmark NIFTY50TRI −7.09% · to 30 Sep 2026

Miv Investment Services’ Reverse Research returned 30.58% over the year to 30 Sep 2026, against −7.09% for its benchmark, the NIFTY50TRI. It managed ₹2,354 crore across its clients.

Key numbers

AUM
₹2,354 Cr
Benchmark
NIFTY50TRI
Turnover, past year
1.49×
Min. investment
₹50 lakh (SEBI)
Reported to SEBI
30 Sep 2026

Returns vs benchmark

Reverse Research returns against the NIFTY50TRI
PeriodThis strategyNIFTY50TRIDifference
1 month+0.66%−6.03%+6.69%
3 months+10.07%−4.91%+14.98%
6 months+44.09%+2.13%+41.96%
1 year+30.58%−7.09%+37.67%
2 years+7.86%−5.29%+13.15%
3 years+18.37%+6.06%+12.31%
4 years+24.21%+8.48%+15.73%
5 years+17.33%+6.38%+10.95%
Since inception+23.36%+11.71%+11.65%

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 equity97.45%
  • Cash and other2.37%
  • Mutual funds0.18%

Flows and turnover

Inflow, Sep 2026
₹41.50 Cr
Outflow, Sep 2026
₹25.56 Cr
Net, Sep 2026
₹15.94 Cr
Net, FY to date
₹42.40 Cr
Turnover, month
0.11×
Turnover, past year
1.49×

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

FAQs

What has Reverse Research returned?

30.58% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: 0.66%; 3 months: 10.07%; 6 months: 44.09%; 1 year: 30.58%; 2 years: 7.86%; 3 years: 18.37%; 4 years: 24.21%; 5 years: 17.33%; Since inception: 23.36%.

How has it done against its benchmark?

Its benchmark, the NIFTY50TRI, returned −7.09% over the year, so the strategy was 37.67 percentage points ahead.

How much does Reverse Research manage?

₹2,354 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 Reverse Research?

Miv Investment Services, a SEBI-registered portfolio manager (INP000001413), 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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