Full yearFY 2024-25 · complete financial year · April–March
FY 2024-25 — Full-Year Indian PMS Performance
The full-year scorecard for FY 2024-25, compounding twelve months of SEBI TWRR (1M) across 904 strategies with a complete April–March series. The median strategy returned +6.4% with 81.2% of the field positive — a constructive year for active Indian equity mandates. Enhanced Equity Portfolio led at +161.2%.
Full-window strategies
904
Median return
+6.36%
Share positive
81.2%
Above +25%
20
Absolute leaders
Highest compounded return among 904 strategies with a complete monthly series. Extreme single-month prints can dominate — read the month columns before treating rank as quality.
| # | Strategy / Manager | Return | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | +Mo | Shortlist |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | +161.19% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +161.4% | 3/12 | ||
| 2 | +141.09% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +141.1% | 1/12 | ||
| 3 | +139.30% | +7.7% | +8.0% | +7.8% | +7.4% | +7.7% | +7.5% | +7.2% | +7.2% | +7.6% | +7.3% | +7.3% | +7.9% | 12/12 | ||
| 4 | +99.21% | -0.3% | +0.7% | +0.6% | +1.2% | +0.6% | +1.0% | +1.0% | +0.7% | +0.7% | +0.1% | +88.5% | -0.7% | 10/12 | ||
| 5 | +72.15% | -4.7% | -4.6% | +20.4% | +4.7% | 0.0% | +3.8% | +15.1% | -16.4% | 0.0% | +15.1% | +18.7% | +10.4% | 7/12 | ||
| 6 | +60.01% | +15.3% | -5.2% | +15.0% | +11.3% | +5.9% | -0.1% | +0.2% | +9.1% | +5.0% | -4.2% | -8.3% | +7.4% | 8/12 | ||
| 7 | +55.47% | +18.9% | -9.6% | +5.4% | -1.0% | -0.3% | -1.8% | -8.8% | +0.2% | +102.8% | -11.9% | -12.0% | -1.5% | 4/12 | ||
| 8 | +53.63% | +7.9% | -1.5% | +5.7% | +10.7% | +8.4% | +5.8% | +8.8% | +7.6% | -5.4% | -0.3% | -6.3% | +4.1% | 8/12 | ||
| 9 | +42.50% | +18.1% | -6.7% | +11.7% | +9.0% | +2.7% | -2.1% | +6.8% | +13.7% | 0.0% | -7.4% | -13.8% | +9.2% | 7/12 | ||
| 10 | +38.29% | +14.7% | +0.8% | +16.7% | +10.6% | +1.6% | -1.2% | -2.4% | +1.9% | +7.2% | -6.3% | -12.6% | +5.7% | 8/12 | ||
| 11 | +36.90% | +4.9% | -2.8% | +6.2% | +9.3% | +7.8% | +5.9% | +6.1% | +5.9% | -3.7% | -4.0% | -8.3% | +6.3% | 8/12 | ||
| 12 | +36.01% | +7.7% | +10.5% | +6.5% | +1.3% | +0.6% | +2.9% | -1.5% | +4.4% | -0.2% | -3.5% | -9.1% | +13.7% | 8/12 | ||
| 13 | +32.98% | +4.2% | +1.5% | +9.6% | +4.2% | +3.0% | +2.4% | -5.3% | +1.5% | +3.5% | -0.6% | -3.8% | +9.9% | 9/12 | ||
| 14 | +30.59% | +7.8% | +1.6% | +9.9% | +5.8% | +8.2% | +4.1% | +0.6% | +2.5% | +2.3% | -12.2% | -8.0% | +6.8% | 10/12 | ||
| 15 | +29.83% | +5.5% | -0.2% | +13.0% | +7.2% | +4.0% | +4.4% | -0.5% | +1.2% | -0.2% | -5.8% | -6.3% | +5.8% | 7/12 | ||
| 16 | +26.47% | +12.4% | +3.5% | +5.6% | +2.7% | +0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 5/12 | ||
| 17 | +26.43% | 0.0% | +0.2% | +0.1% | +0.1% | +6.1% | -0.4% | +0.6% | -0.1% | +8.8% | +3.5% | +0.1% | +5.4% | 9/12 | ||
| 18 | +26.36% | +13.0% | -5.3% | +12.4% | +8.3% | +11.1% | +1.5% | +1.4% | +5.8% | +1.9% | -13.0% | -14.3% | +5.6% | 9/12 | ||
| 19 | +25.71% | +11.4% | -4.7% | +16.3% | +7.2% | +8.4% | -0.6% | -3.4% | +3.2% | +1.6% | -5.7% | -14.4% | +7.9% | 7/12 | ||
| 20 | +25.27% | +5.3% | +0.6% | +7.3% | +0.6% | +2.7% | +4.4% | -1.4% | +1.6% | +0.6% | -3.9% | -1.5% | +7.2% | 9/12 | ||
| 21 | +24.64% | +17.7% | +2.4% | +7.1% | +6.5% | -1.3% | -3.1% | -0.6% | -0.1% | -0.1% | -4.2% | -5.0% | +5.0% | 5/12 | ||
| 22 | +24.43% | +12.3% | +2.7% | +15.3% | +0.6% | +3.4% | +4.6% | -3.3% | -1.9% | -1.1% | -5.8% | -7.7% | +5.4% | 7/12 | ||
| 23 | +23.71% | +3.6% | -1.7% | +7.9% | +6.3% | +5.5% | +4.2% | +0.1% | +0.8% | -3.8% | -3.2% | -6.1% | +9.1% | 8/12 | ||
| 24 | +23.45% | +10.1% | -1.4% | +11.3% | +9.9% | +4.4% | +2.6% | 0.0% | +0.4% | +0.1% | -8.3% | -12.0% | +7.1% | 8/12 | ||
| 25 | +23.16% | +6.1% | -0.3% | +11.6% | +0.8% | +4.0% | +4.1% | -4.8% | +0.4% | +0.7% | -1.3% | -0.2% | +0.9% | 8/12 |
Quality board
Same compounding math, but we drop strategies whose best single month exceeded +35%. This surfaces strong multi-month runs without letting one outlier month set the table.
| # | Strategy / Manager | Return | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | +Mo | Shortlist |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | +139.30% | +7.7% | +8.0% | +7.8% | +7.4% | +7.7% | +7.5% | +7.2% | +7.2% | +7.6% | +7.3% | +7.3% | +7.9% | 12/12 | ||
| 2 | +72.15% | -4.7% | -4.6% | +20.4% | +4.7% | 0.0% | +3.8% | +15.1% | -16.4% | 0.0% | +15.1% | +18.7% | +10.4% | 7/12 | ||
| 3 | +60.01% | +15.3% | -5.2% | +15.0% | +11.3% | +5.9% | -0.1% | +0.2% | +9.1% | +5.0% | -4.2% | -8.3% | +7.4% | 8/12 | ||
| 4 | +53.63% | +7.9% | -1.5% | +5.7% | +10.7% | +8.4% | +5.8% | +8.8% | +7.6% | -5.4% | -0.3% | -6.3% | +4.1% | 8/12 | ||
| 5 | +42.50% | +18.1% | -6.7% | +11.7% | +9.0% | +2.7% | -2.1% | +6.8% | +13.7% | 0.0% | -7.4% | -13.8% | +9.2% | 7/12 | ||
| 6 | +38.29% | +14.7% | +0.8% | +16.7% | +10.6% | +1.6% | -1.2% | -2.4% | +1.9% | +7.2% | -6.3% | -12.6% | +5.7% | 8/12 | ||
| 7 | +36.90% | +4.9% | -2.8% | +6.2% | +9.3% | +7.8% | +5.9% | +6.1% | +5.9% | -3.7% | -4.0% | -8.3% | +6.3% | 8/12 | ||
| 8 | +36.01% | +7.7% | +10.5% | +6.5% | +1.3% | +0.6% | +2.9% | -1.5% | +4.4% | -0.2% | -3.5% | -9.1% | +13.7% | 8/12 | ||
| 9 | +32.98% | +4.2% | +1.5% | +9.6% | +4.2% | +3.0% | +2.4% | -5.3% | +1.5% | +3.5% | -0.6% | -3.8% | +9.9% | 9/12 | ||
| 10 | +30.59% | +7.8% | +1.6% | +9.9% | +5.8% | +8.2% | +4.1% | +0.6% | +2.5% | +2.3% | -12.2% | -8.0% | +6.8% | 10/12 | ||
| 11 | +29.83% | +5.5% | -0.2% | +13.0% | +7.2% | +4.0% | +4.4% | -0.5% | +1.2% | -0.2% | -5.8% | -6.3% | +5.8% | 7/12 | ||
| 12 | +26.47% | +12.4% | +3.5% | +5.6% | +2.7% | +0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 5/12 | ||
| 13 | +26.43% | 0.0% | +0.2% | +0.1% | +0.1% | +6.1% | -0.4% | +0.6% | -0.1% | +8.8% | +3.5% | +0.1% | +5.4% | 9/12 | ||
| 14 | +26.36% | +13.0% | -5.3% | +12.4% | +8.3% | +11.1% | +1.5% | +1.4% | +5.8% | +1.9% | -13.0% | -14.3% | +5.6% | 9/12 | ||
| 15 | +25.71% | +11.4% | -4.7% | +16.3% | +7.2% | +8.4% | -0.6% | -3.4% | +3.2% | +1.6% | -5.7% | -14.4% | +7.9% | 7/12 | ||
| 16 | +25.27% | +5.3% | +0.6% | +7.3% | +0.6% | +2.7% | +4.4% | -1.4% | +1.6% | +0.6% | -3.9% | -1.5% | +7.2% | 9/12 | ||
| 17 | +24.64% | +17.7% | +2.4% | +7.1% | +6.5% | -1.3% | -3.1% | -0.6% | -0.1% | -0.1% | -4.2% | -5.0% | +5.0% | 5/12 | ||
| 18 | +24.43% | +12.3% | +2.7% | +15.3% | +0.6% | +3.4% | +4.6% | -3.3% | -1.9% | -1.1% | -5.8% | -7.7% | +5.4% | 7/12 | ||
| 19 | +23.71% | +3.6% | -1.7% | +7.9% | +6.3% | +5.5% | +4.2% | +0.1% | +0.8% | -3.8% | -3.2% | -6.1% | +9.1% | 8/12 | ||
| 20 | +23.45% | +10.1% | -1.4% | +11.3% | +9.9% | +4.4% | +2.6% | 0.0% | +0.4% | +0.1% | -8.3% | -12.0% | +7.1% | 8/12 |
Consistency board
Positive in every month of the window, ranked by return. Useful when avoiding down months matters — still not a substitute for multi-year rolling returns or drawdown rankings.
| # | Strategy / Manager | Return | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | +Mo | Shortlist |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | +139.30% | +7.7% | +8.0% | +7.8% | +7.4% | +7.7% | +7.5% | +7.2% | +7.2% | +7.6% | +7.3% | +7.3% | +7.9% | 12/12 | ||
| 2 | +17.83% | +1.3% | +1.2% | +0.9% | +1.2% | +1.2% | +1.1% | +1.3% | +1.2% | +3.6% | +1.1% | +1.2% | +1.4% | 12/12 | ||
| 3 | +16.69% | +1.4% | +1.2% | +1.2% | +1.6% | +1.3% | +1.4% | +1.4% | +1.1% | +1.3% | +1.2% | +1.1% | +1.4% | 12/12 | ||
| 4 | +16.09% | +0.3% | +1.1% | +1.0% | +1.2% | +1.1% | +1.2% | +0.2% | +0.6% | +1.3% | +4.5% | +0.9% | +1.7% | 12/12 | ||
| 5 | +15.28% | +1.8% | +0.6% | +2.2% | +0.7% | +1.7% | +1.3% | +0.6% | +1.5% | +0.5% | +1.5% | +0.8% | +1.2% | 12/12 | ||
| 6 | +12.04% | +0.9% | +0.9% | +1.0% | +1.0% | +1.0% | +0.9% | +1.0% | +0.9% | +1.0% | +0.9% | +0.9% | +1.1% | 12/12 | ||
| 7 | +11.98% | +1.0% | +0.2% | +1.3% | +1.5% | +0.9% | +1.5% | +1.0% | +0.9% | +0.4% | +0.8% | +1.0% | +0.9% | 12/12 | ||
| 8 | +11.25% | +1.2% | +0.7% | +1.1% | +0.4% | +2.2% | +0.3% | +0.9% | +1.3% | +0.2% | +1.0% | +0.9% | +0.5% | 12/12 | ||
| 9 | +11.18% | +0.7% | +1.1% | +0.9% | +1.0% | +0.7% | +0.9% | +1.0% | +0.7% | +0.9% | +0.9% | +0.8% | +1.1% | 12/12 | ||
| 10 | +11.07% | +0.9% | +0.6% | +0.7% | +0.9% | +1.0% | +0.7% | +1.1% | +0.7% | +0.9% | +1.0% | +1.0% | +1.1% | 12/12 | ||
| 11 | +10.68% | +0.6% | +0.8% | +0.9% | +0.9% | +0.9% | +0.9% | +0.9% | +0.7% | +0.9% | +0.7% | +0.9% | +1.2% | 12/12 | ||
| 12 | +10.23% | +0.6% | +0.9% | +0.9% | +0.9% | +0.9% | +0.7% | +0.9% | +0.8% | +0.7% | +0.9% | +0.7% | +0.9% | 12/12 | ||
| 13 | +10.13% | +0.5% | +0.7% | +0.8% | +1.0% | +0.8% | +0.9% | +0.9% | +0.7% | +0.8% | +0.8% | +0.8% | +1.0% | 12/12 | ||
| 14 | +9.80% | +0.9% | +0.9% | +0.7% | +1.0% | +0.7% | +0.6% | +0.9% | +0.5% | +1.1% | +0.7% | +0.8% | +0.6% | 12/12 | ||
| 15 | +9.76% | +0.5% | +0.6% | +0.5% | +3.6% | +0.6% | +0.5% | +0.6% | +0.5% | +0.6% | +0.3% | +0.5% | +0.6% | 12/12 | ||
| 16 | +9.57% | +0.3% | +0.9% | +1.1% | +1.1% | +0.9% | +1.0% | +0.3% | +0.5% | +0.5% | +0.7% | +0.1% | +1.6% | 12/12 | ||
| 17 | +9.50% | +0.8% | +0.8% | +0.7% | +0.9% | +0.8% | +0.6% | +0.9% | +0.8% | +0.6% | +0.8% | +0.7% | +0.7% | 12/12 | ||
| 18 | +9.32% | 0.0% | +0.6% | +0.4% | +1.4% | +1.1% | +1.4% | +0.8% | +0.2% | +0.3% | +1.0% | +0.3% | +1.5% | 12/12 | ||
| 19 | +9.29% | +0.6% | +0.9% | +0.9% | +1.1% | +0.7% | +1.2% | +0.9% | +0.6% | +0.3% | +0.9% | +0.6% | +0.5% | 12/12 | ||
| 20 | +9.07% | +0.4% | +0.9% | +0.6% | +1.2% | +0.7% | +1.0% | +0.7% | +0.6% | +0.4% | +0.9% | +0.5% | +0.9% | 12/12 |
Resilient compounders
At or above the universe median (+6.36%) with a controlled worst month. A middle path between raw speed and all-green consistency.
| # | Strategy / Manager | Return | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | +Mo | Shortlist |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | +161.19% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +161.4% | 3/12 | ||
| 2 | +141.09% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | +141.1% | 1/12 | ||
| 3 | +139.30% | +7.7% | +8.0% | +7.8% | +7.4% | +7.7% | +7.5% | +7.2% | +7.2% | +7.6% | +7.3% | +7.3% | +7.9% | 12/12 | ||
| 4 | +99.21% | -0.3% | +0.7% | +0.6% | +1.2% | +0.6% | +1.0% | +1.0% | +0.7% | +0.7% | +0.1% | +88.5% | -0.7% | 10/12 | ||
| 5 | +60.01% | +15.3% | -5.2% | +15.0% | +11.3% | +5.9% | -0.1% | +0.2% | +9.1% | +5.0% | -4.2% | -8.3% | +7.4% | 8/12 | ||
| 6 | +55.47% | +18.9% | -9.6% | +5.4% | -1.0% | -0.3% | -1.8% | -8.8% | +0.2% | +102.8% | -11.9% | -12.0% | -1.5% | 4/12 | ||
| 7 | +53.63% | +7.9% | -1.5% | +5.7% | +10.7% | +8.4% | +5.8% | +8.8% | +7.6% | -5.4% | -0.3% | -6.3% | +4.1% | 8/12 | ||
| 8 | +36.90% | +4.9% | -2.8% | +6.2% | +9.3% | +7.8% | +5.9% | +6.1% | +5.9% | -3.7% | -4.0% | -8.3% | +6.3% | 8/12 | ||
| 9 | +36.01% | +7.7% | +10.5% | +6.5% | +1.3% | +0.6% | +2.9% | -1.5% | +4.4% | -0.2% | -3.5% | -9.1% | +13.7% | 8/12 | ||
| 10 | +32.98% | +4.2% | +1.5% | +9.6% | +4.2% | +3.0% | +2.4% | -5.3% | +1.5% | +3.5% | -0.6% | -3.8% | +9.9% | 9/12 | ||
| 11 | +29.83% | +5.5% | -0.2% | +13.0% | +7.2% | +4.0% | +4.4% | -0.5% | +1.2% | -0.2% | -5.8% | -6.3% | +5.8% | 7/12 | ||
| 12 | +26.47% | +12.4% | +3.5% | +5.6% | +2.7% | +0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 5/12 | ||
| 13 | +26.43% | 0.0% | +0.2% | +0.1% | +0.1% | +6.1% | -0.4% | +0.6% | -0.1% | +8.8% | +3.5% | +0.1% | +5.4% | 9/12 | ||
| 14 | +25.27% | +5.3% | +0.6% | +7.3% | +0.6% | +2.7% | +4.4% | -1.4% | +1.6% | +0.6% | -3.9% | -1.5% | +7.2% | 9/12 | ||
| 15 | +24.64% | +17.7% | +2.4% | +7.1% | +6.5% | -1.3% | -3.1% | -0.6% | -0.1% | -0.1% | -4.2% | -5.0% | +5.0% | 5/12 |
How to Read This (and What to Open Next)
- Pair any leader with longer CAGR rankings and the risk-adjusted leaderboard.
- Understand the metric definitions in calendar returns and how to compare schemes.
- Browse the full strategy table or company directory — linked names above resolve to live profiles when the backend feed matches.
- Compare periods: browse every window from the reports hub.
Methodology
- Source: SEBI monthly PMS disclosures ingested into KnowYourPMS; 1M TWRR cells for 2024-04…2025-03.
- Metric: Compounded monthly SEBI TWRR (1M) over the window.
- Inclusion: Strategy must have a reported 1M return for all 12 months in the window.
- Exclusions: Benchmark / index / CRISIL / T-bill and placeholder rows removed from rankings; no zeros invented for unfiled months.
- As-of: Aug 2026. Universe median +6.36%; mean +6.97%; P90 +15.12%.
Full pipeline notes live on /methodology. We do not invent zeros for managers who did not file a given month.
FAQ
- What does the FY 2024-25 report measure?
- Compounded return over the twelve months April 2024 through March, using SEBI monthly 1M TWRR. Only strategies reporting all twelve months are ranked.
- Why are some full-year returns negative?
- FY 2024-25 had a median of +6.4%. Full financial years capture drawdowns as well as rallies, so a real spread of outcomes — including losses — is expected and useful.
- Does the top rank mean it is the best PMS?
- Not on its own. Full-year winners can be high-beta strategies that also fall hardest in bad years. Compare across the 3-year and all-time boards and check drawdowns before drawing conclusions.
- Is this investment advice?
- No. KnowYourPMS publishes independent, SEBI-sourced research with no recommendations or commissions.
Dig Into a Manager Next
Rankings are a starting map. Open a company page for fees, AUM, monthly history, and peer context — or compare another period from the reports hub.