- Manager
- White Pine Investment Management
- Service
- Discretionary
- Asset class
- Equity
White Pine India Emerging Stars
+28.45%
1-year return
Benchmark MSEISX40TRI −8.52% · to 30 Sep 2026
White Pine Investment Management’s White Pine India Emerging Stars returned 28.45% over the year to 30 Sep 2026, against −8.52% for its benchmark, the MSEISX40TRI. It managed ₹566 crore across its clients.
Key numbers
- AUM
- ₹566 Cr
- Benchmark
- MSEISX40TRI
- Turnover, past year
- 0.47×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | MSEISX40TRI | Difference |
|---|---|---|---|
| 1 month | +2.70% | −5.90% | +8.60% |
| 3 months | +3.59% | −5.22% | +8.81% |
| 6 months | +48.05% | +1.53% | +46.52% |
| 1 year | +28.45% | −8.52% | +36.97% |
| 2 years | +13.95% | −7.06% | +21.01% |
| 3 years | +26.42% | +4.00% | +22.42% |
| 4 years | +36.14% | +6.07% | +30.07% |
| Since inception | +35.89% | +7.46% | +28.43% |
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 equity97.78%₹553 Cr
- Cash and other1.39%₹7.85 Cr
- Mutual funds0.84%₹4.74 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹16.76 Cr
- Outflow, Sep 2026
- ₹3.73 Cr
- Net, Sep 2026
- ₹13.03 Cr
- Net, FY to date
- ₹63.73 Cr
- Turnover, month
- 0.06×
- Turnover, past year
- 0.47×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has White Pine India Emerging Stars returned?
28.45% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: 2.70%; 3 months: 3.59%; 6 months: 48.05%; 1 year: 28.45%; 2 years: 13.95%; 3 years: 26.42%; 4 years: 36.14%; Since inception: 35.89%.
How has it done against its benchmark?
Its benchmark, the MSEISX40TRI, returned −8.52% over the year, so the strategy was 36.97 percentage points ahead.
How much does White Pine India Emerging Stars manage?
₹566 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 White Pine India Emerging Stars?
White Pine Investment Management, a SEBI-registered portfolio manager (INP000007331), 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