PMS/AIF Reckoner – September 2025
Introduction
The PMS/AIF Reckoner – September 2025 is a detailed investment reference designed for investors, wealth managers, and financial professionals looking to stay updated on India’s evolving financial markets. This monthly report consolidates insights from Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), equity markets, debt instruments, commodities, and private equity, making it a one-stop guide for tracking performance across asset classes.
The September 2025 edition highlights mixed equity sector performance, with autos, consumer durables, and FMCG leading the gains while pharma, realty, and oil & gas lagged. In the debt market, G-Sec yields edged higher to 6.54% amid rising inflation and trade deficit pressures, while commodities like gold and crude oil witnessed notable price swings. Global indices also showed divergence, reflecting broader economic uncertainties.
Beyond market movements, the Reckoner provides a comprehensive overview of leading PMS and AIF strategies—from large-cap equity portfolios and multi-cap approaches to debt-focused funds and long-short strategies. Each fund is presented with key metrics such as AUM, top holdings, sector allocations, and recent performance, helping investors compare opportunities with benchmarks like Nifty 50 TRI and BSE 500 TRI.
By offering a consolidated view of fund strategies, macroeconomic indicators, and sector trends, the PMS/AIF Reckoner equips investors with actionable insights to navigate markets effectively.
Market & Investment Highlights – September 2025
The PMS/AIF Reckoner – September 2025 captures the most important market updates across equity, debt, commodities, and institutional flows, offering investors a snapshot of the financial landscape for the month.
Equity Update
Out of 12 sectors, only 3 closed positively in August 2025: Automobile, Consumer Durables, and FMCG.
Underperformers included Pharma, Realty, and Oil & Gas.
SIP inflows continued steadily, reflecting investor confidence in equities.
Global indices showed divergence — MSCI India posted strong gains, while MSCI China lagged significantly.
Debt Update
The 10-year G-Sec yield rose to 6.54% in August 2025 (from 6.38% in July).
CPI inflation increased to 2.07% versus 1.55% in the previous month.
Trade deficit widened sharply to $27.35 billion in July 2025.
GST collections moderated to ₹1.66 lakh crore in August, down from ₹1.95 lakh crore in July.
Forex reserves declined to $690.72 billion, a fall of $7.74 billion.
Commodity Update
Gold prices remained firm, climbing to over 35 USD/gram.
Brent crude oil stayed volatile, averaging around $72–76 per barrel during the month
Institutional Activity
Foreign Institutional Investors (FIIs) turned net sellers in August 2025, booking profits across sectors.
Domestic Institutional Investors (DIIs) provided some support through steady buying.
Together, these updates set the stage for analyzing how different PMS and AIF strategies performed during the month.
Fund Performance Overview
The PMS/AIF Reckoner – September 2025 provides an in-depth review of leading Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs), allowing investors to compare strategies, assess sector allocations, and evaluate returns against benchmarks.
Portfolio Management Services (PMS)
The report tracks a wide range of PMS strategies across large-cap, multi-cap, and mid & small-cap portfolios. Some of the prominent names covered include Ambit Coffee Can Portfolio, ICICI Prudential Large Cap, Abakkus All Cap, Karma Wealth Builder, Motilal Oswal Founders Portfolio, and Stallion Asset Core Fund. Each PMS strategy is detailed with metrics such as AUM, inception date, fund manager, top holdings, sector allocation, and performance history. This allows investors to understand the fund’s philosophy—whether it follows a quality investing approach, a contrarian style, or a thematic strategy.
Alternative Investment Funds (AIFs)
On the AIF front, the Reckoner features both equity and debt-oriented funds, along with hybrid and long-short strategies. Leading examples include Kotak Iconic Fund II, Carnelian Bharat Amritkaal Fund, SageOne Flagship Growth OE Fund, Buoyant Capital Opportunities, and Motilal Oswal Founders Fund. Each fund is presented with performance updates, portfolio allocation trends, and fee structures. The coverage helps investors compare risk-return profiles across categories, from aggressive growth funds to credit-focused opportunities.
Private Equity & Venture Capital Funds
The report also highlights select private equity and venture capital funds such as Bharat Value Fund, Singularity Fund, Value Quest SCALE Fund, and Transition VC Fund. These vehicles target long-term growth opportunities in emerging businesses, innovative sectors, and transformative industries. By including them alongside PMS and AIF products, the Reckoner provides a complete picture of alternative investments available to investors.
Through this detailed coverage, the PMS/AIF Reckoner acts as a comprehensive investment reference, enabling informed decisions across traditional equity, structured debt, and alternative strategies.
Access the Full Report
The PMS/AIF Reckoner – September 2025 is designed as a ready reference for investors, wealth managers, and advisors who want to stay ahead of market trends and fund performance updates. While this page provides a high-level overview, the full report contains:
Detailed performance tables of PMS and AIF strategies.
Insights into fund structures, fee models, and exit loads.
Breakdowns of top holdings, sector allocations, and benchmarks.
Comprehensive coverage of equity, debt, commodity, and private equity/VC markets.
For a complete understanding of the investment landscape, we recommend downloading the full report.
Disclaimer: Investments in PMS and AIF are subject to market risks. Past performance is not indicative of future results. Investors should consult with their financial advisors before making investment decisions.