Manager
Narnolia Velox Advisory
Service
Discretionary
Asset class
Equity

Narnolia Fusion Opportunity Fund

+3.46%

1-year return

Benchmark Nifty 50 TRI −7.09% · to 30 Sep 2026

Narnolia Velox Advisory’s Narnolia Fusion Opportunity Fund returned 3.46% over the year to 30 Sep 2026, against −7.09% for its benchmark, the Nifty 50 TRI. It managed ₹13.47 crore across its clients.

Key numbers

AUM
₹13.47 Cr
Benchmark
Nifty 50 TRI
Turnover, past year
3.45×
Min. investment
₹50 lakh (SEBI)
Reported to SEBI
30 Sep 2026

Returns vs benchmark

Narnolia Fusion Opportunity Fund returns against the Nifty 50 TRI
PeriodThis strategyNifty 50 TRIDifference
1 month−2.36%−6.03%+3.67%
3 months−2.21%−4.91%+2.70%
6 months+19.95%+2.13%+17.82%
1 year+3.46%−7.09%+10.55%
2 years−6.59%−5.29%−1.30%
3 years+6.54%+6.06%+0.48%
4 years+13.84%+8.48%+5.36%
Since inception+13.73%+8.57%+5.16%

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 equity57.39%
  • Cash and other42.54%
  • Mutual funds0.07%

Flows and turnover

Inflow, Sep 2026
₹0
Outflow, Sep 2026
₹1.33 Cr
Net, Sep 2026
−₹1.33 Cr
Net, FY to date
−₹23.90 Cr
Turnover, month
0.39×
Turnover, past year
3.45×

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

FAQs

What has Narnolia Fusion Opportunity Fund returned?

3.46% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: −2.36%; 3 months: −2.21%; 6 months: 19.95%; 1 year: 3.46%; 2 years: −6.59%; 3 years: 6.54%; 4 years: 13.84%; Since inception: 13.73%.

How has it done against its benchmark?

Its benchmark, the Nifty 50 TRI, returned −7.09% over the year, so the strategy was 10.55 percentage points ahead.

How much does Narnolia Fusion Opportunity Fund manage?

₹13.47 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 Narnolia Fusion Opportunity Fund?

Narnolia Velox Advisory, a SEBI-registered portfolio manager (INP000009995), 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 disclaimer

See how a PMS fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app