- Manager
- Nirmal Bang Securities
- Service
- Discretionary
- Asset class
- Equity
Nirmal Bang Equity Multi Cap
+34.80%
1-year return
Benchmark BSE 500 TRI −2.33% · to 30 Sep 2026
Nirmal Bang Securities’ Nirmal Bang Equity Multi Cap returned 34.80% over the year to 30 Sep 2026, against −2.33% for its benchmark, the BSE 500 TRI. It managed ₹245 crore across its clients.
Key numbers
- AUM
- ₹245 Cr
- Benchmark
- BSE 500 TRI
- Turnover, past year
- 1.56×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | BSE 500 TRI | Difference |
|---|---|---|---|
| 1 month | −0.85% | −5.57% | +4.72% |
| 3 months | +11.13% | −3.59% | +14.72% |
| 6 months | +38.84% | +8.07% | +30.77% |
| 1 year | +34.80% | −2.33% | +37.13% |
| 2 years | +10.41% | −3.93% | +14.34% |
| Since inception | +22.87% | +10.64% | +12.23% |
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 equity97.01%₹237 Cr
- Cash and other2.96%₹7.25 Cr
- Mutual funds0.02%₹0.06 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹10.33 Cr
- Outflow, Sep 2026
- ₹1.15 Cr
- Net, Sep 2026
- ₹9.18 Cr
- Net, FY to date
- ₹26.70 Cr
- Turnover, month
- 0.15×
- Turnover, past year
- 1.56×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has Nirmal Bang Equity Multi Cap returned?
34.80% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: −0.85%; 3 months: 11.13%; 6 months: 38.84%; 1 year: 34.80%; 2 years: 10.41%; Since inception: 22.87%.
How has it done against its benchmark?
Its benchmark, the BSE 500 TRI, returned −2.33% over the year, so the strategy was 37.13 percentage points ahead.
How much does Nirmal Bang Equity Multi Cap manage?
₹245 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 Nirmal Bang Equity Multi Cap?
Nirmal Bang Securities, a SEBI-registered portfolio manager (INP000002981), 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