- Manager
- Nuvama Asset Management
- Service
- Discretionary
- Asset class
- Equity
Nuvama Equities eXpansion Target (NEXT) Strategy
+9.97%
1-year return
Benchmark BSE 500 TRI −2.33% · to 30 Sep 2026
Nuvama Asset Management’s Nuvama Equities eXpansion Target (NEXT) Strategy returned 9.97% over the year to 30 Sep 2026, against −2.33% for its benchmark, the BSE 500 TRI. It managed ₹192 crore across its clients.
Key numbers
- AUM
- ₹192 Cr
- Benchmark
- BSE 500 TRI
- Turnover, past year
- 0.96×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | BSE 500 TRI | Difference |
|---|---|---|---|
| 1 month | −3.61% | −5.57% | +1.96% |
| 3 months | −1.46% | −3.59% | +2.13% |
| 6 months | +30.63% | +8.07% | +22.56% |
| 1 year | +9.97% | −2.33% | +12.30% |
| 2 years | −1.95% | −3.93% | +1.98% |
| 3 years | +13.25% | +9.20% | +4.05% |
| Since inception | +13.83% | +11.87% | +1.96% |
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 equity99.26%₹190 Cr
- Cash and other0.74%₹1.41 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹0
- Outflow, Sep 2026
- ₹14.89 Cr
- Net, Sep 2026
- −₹14.89 Cr
- Net, FY to date
- −₹59.39 Cr
- Turnover, month
- 0.08×
- Turnover, past year
- 0.96×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has Nuvama Equities eXpansion Target (NEXT) Strategy returned?
9.97% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: −3.61%; 3 months: −1.46%; 6 months: 30.63%; 1 year: 9.97%; 2 years: −1.95%; 3 years: 13.25%; Since inception: 13.83%.
How has it done against its benchmark?
Its benchmark, the BSE 500 TRI, returned −2.33% over the year, so the strategy was 12.30 percentage points ahead.
How much does Nuvama Equities eXpansion Target (NEXT) Strategy manage?
₹192 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 Nuvama Equities eXpansion Target (NEXT) Strategy?
Nuvama Asset Management, a SEBI-registered portfolio manager (INP000007207), 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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