- SEBI reg.
- INP200007274
- Services
- Discretionary, Non-discretionary, Advisory
- Reported
- 30 Sep 2026
Spark PWM
₹3,324 Cr
Assets under management
468 clients · 3 strategies · 30 Sep 2026
Spark PWM managed ₹3,324 crore for 468 clients at 30 Sep 2026, across 3 strategies, most of it for domestic individuals and others. In September clients added ₹2.65 crore and withdrew ₹0.05 crore.
Key numbers
- SEBI registration
- INP200007274
- Discretionary AUM
- ₹171 Cr
- Non-discretionary AUM
- ₹1,751 Cr
- Advisory assets
- ₹1,402 Cr
- Min. investment
- ₹50 lakh (SEBI)
- Complaints pending
- 0
Strategies
| Strategy | Asset class | AUM | 1 year | Benchmark 1Y |
|---|---|---|---|---|
| Spark Absolute Return Portfolio | Equity | ₹101 Cr | +21.51% | −7.09% |
| Spark All Seasons Portfolio | Hybrid | ₹65.69 Cr | +13.17% | −2.65% |
| Spark Adaptive Alpha | Equity | ₹4.14 Cr | — | — |
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.
Who it manages money for
| Client type | Service | Clients | AUM |
|---|---|---|---|
| Domestic individuals and others | Non-discretionary | 349 | ₹1,345 Cr |
| Domestic corporates | Advisory | 14 | ₹1,029 Cr |
| Domestic individuals and others | Advisory | 34 | ₹373 Cr |
| Domestic corporates | Non-discretionary | 25 | ₹357 Cr |
| Non-resident Indians | Discretionary | 7 | ₹117 Cr |
| Domestic individuals and others | Discretionary | 25 | ₹51.54 Cr |
| Non-resident Indians | Non-discretionary | 12 | ₹48.35 Cr |
| Domestic corporates | Discretionary | 2 | ₹2.23 Cr |
For the advisory service, AUM is the assets it advises on.
Flows
- Inflow, Sep 2026
- ₹2.65 Cr
- Outflow, Sep 2026
- ₹0.05 Cr
- Net, Sep 2026
- ₹2.60 Cr
- Inflow, FY to date
- ₹16.31 Cr
- Outflow, FY to date
- ₹7.64 Cr
- Net, FY to date
- ₹8.67 Cr
Discretionary service. The financial year runs from 1 April.
Complaints
- Pending at start of month
- 0
- Received
- 0
- Resolved
- 0
- Pending at end of month
- 0
FAQs
How much does Spark PWM manage?
₹3,324 crore for 468 clients at 30 Sep 2026, as reported to SEBI.
How many clients does Spark PWM have?
468 clients at 30 Sep 2026, mainly domestic individuals and others, domestic corporates, non-resident indians.
Which PMS strategies does Spark PWM offer?
It reported 3 to SEBI for 30 Sep 2026: Spark Absolute Return Portfolio, Spark All Seasons Portfolio, Spark Adaptive Alpha.
Is Spark PWM registered with SEBI?
Yes. It is registered with SEBI as a portfolio manager, registration number INP200007274.
Has Spark PWM had investor complaints?
In September it received 0 and resolved 0; 0 were pending at the end of the month.
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.
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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