- Manager
- Wave Asset
- Service
- Discretionary
- Asset class
- Equity
WAVE Pure Alpha
+6.06%
1-year return
Benchmark BSE 500 TRI −2.33% · to 30 Sep 2026
Wave Asset’s WAVE Pure Alpha returned 6.06% over the year to 30 Sep 2026, against −2.33% for its benchmark, the BSE 500 TRI. It managed ₹23.73 crore across its clients.
Key numbers
- AUM
- ₹23.73 Cr
- Benchmark
- BSE 500 TRI
- Turnover, past year
- 0.73×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | BSE 500 TRI | Difference |
|---|---|---|---|
| 1 month | −2.06% | −5.57% | +3.51% |
| 3 months | −3.03% | −3.59% | +0.56% |
| 6 months | +16.75% | +8.07% | +8.68% |
| 1 year | +6.06% | −2.33% | +8.39% |
| 2 years | +9.63% | −3.93% | +13.56% |
| Since inception | +11.68% | +5.53% | +6.15% |
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 equity74.80%₹17.75 Cr
- Mutual funds21.37%₹5.07 Cr
- Cash and other3.83%₹0.91 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹0.40 Cr
- Outflow, Sep 2026
- ₹0
- Net, Sep 2026
- ₹0.40 Cr
- Net, FY to date
- ₹3.13 Cr
- Turnover, month
- 0.06×
- Turnover, past year
- 0.73×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has WAVE Pure Alpha returned?
6.06% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: −2.06%; 3 months: −3.03%; 6 months: 16.75%; 1 year: 6.06%; 2 years: 9.63%; Since inception: 11.68%.
How has it done against its benchmark?
Its benchmark, the BSE 500 TRI, returned −2.33% over the year, so the strategy was 8.39 percentage points ahead.
How much does WAVE Pure Alpha manage?
₹23.73 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 WAVE Pure Alpha?
Wave Asset, a SEBI-registered portfolio manager (INP000008428), 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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