Full yearFY 2025-26 · complete financial year · April–March

FY 2025-26 — Full-Year Indian PMS Performance

The full-year scorecard for FY 2025-26, compounding twelve months of SEBI TWRR (1M) across 1,150 strategies with a complete April–March series. The median strategy returned -1.4% with 41.3% of the field positive — a broadly difficult year where staying invested was not enough. Yield Maximiser Option led at +118.6%.

Leaderboard · PMS directory

Full-window strategies

1,150

Median return

-1.45%

Share positive

41.3%

Above +25%

16

Absolute leaders

Highest compounded return among 1,150 strategies with a complete monthly series. Extreme single-month prints can dominate — read the month columns before treating rank as quality.

#Strategy / ManagerReturnAprMayJunJulAugSepOctNovDecJanFebMar+MoShortlist
1+118.61%-7.2%+46.7%+8.5%-7.9%+6.0%+0.9%-0.1%+19.1%-0.1%+0.2%+0.1%+26.2%8/12
2+60.80%0.0%0.0%0.0%0.0%+0.9%0.0%0.0%0.0%0.0%+59.3%0.0%0.0%2/12
3+49.48%+3.2%+5.6%+2.9%-3.9%-2.6%0.0%+4.2%+7.3%+22.5%+26.9%-7.0%-11.8%7/12
4+44.81%+5.1%+5.7%+6.8%+0.5%+2.2%+4.4%+1.6%+0.1%-3.4%+2.6%+0.9%+12.1%11/12
5+44.50%-0.2%+0.6%0.0%-4.3%+1.2%+13.7%+4.1%+5.4%+22.1%+22.9%-7.7%-13.9%7/12
6+43.48%+4.8%-0.3%+0.2%+2.0%+2.1%+9.3%+3.8%+3.3%+5.1%+15.6%+0.2%-7.6%10/12
7+39.56%0.0%0.0%+41.7%0.0%0.0%-0.5%0.0%0.0%-0.5%0.0%0.0%-0.5%1/12
8+38.22%+2.5%+2.7%+4.4%+2.3%+4.2%+7.9%+4.0%+1.4%+3.2%+7.1%-1.2%-5.0%10/12
9+36.93%+8.7%+0.8%+2.3%-1.9%+0.8%+5.3%+2.8%+2.8%+0.8%+6.9%+5.3%-1.9%10/12
10+34.86%+0.4%+6.5%+4.3%+3.4%+3.4%+5.1%+1.5%+0.9%+2.5%+6.8%+1.5%-5.4%11/12
11+34.70%+2.2%+1.7%+0.7%+0.2%0.0%+1.4%+1.7%+1.1%+23.2%0.0%0.0%0.0%8/12
12+30.24%+0.1%+6.3%+3.2%+6.8%+3.5%+4.4%+2.4%-0.1%+1.4%+3.6%-0.1%-4.3%9/12
13+29.87%+0.4%+2.5%+2.7%+1.8%+3.6%+5.8%+1.0%+1.1%+4.7%+9.8%-0.3%-5.8%10/12
14+27.55%-1.2%+16.1%+5.3%-2.4%-0.9%+2.5%+8.1%+2.3%-3.2%-1.2%+12.8%-10.6%6/12
15+26.47%+3.5%+0.6%-0.5%+1.2%+0.5%+6.2%+2.4%+2.8%+6.5%+10.2%-1.8%-6.8%9/12
16+25.19%+14.0%+9.8%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%2/12
17+24.65%+3.3%+1.7%+1.8%+0.6%+1.5%+6.0%+3.5%+2.5%+2.7%+6.9%-0.1%-7.3%10/12
18+24.37%0.0%0.0%+43.8%-0.2%+1.5%-12.9%-0.7%0.0%0.0%-0.8%+5.0%-5.1%3/12
19+23.68%+7.5%+3.2%+6.2%-0.3%-1.1%-0.2%+2.1%-1.9%+1.7%+0.3%+7.6%-2.7%7/12
20+23.51%+3.2%+1.5%+3.0%+0.8%+0.4%+4.6%+4.2%+1.3%+6.7%+7.1%-4.4%-6.2%10/12
21+23.32%+3.3%+3.5%+2.1%+4.6%+2.1%+3.9%+2.1%+0.4%-0.8%+0.3%+3.5%-3.6%10/12
22+23.11%+2.9%+0.5%-0.1%+1.0%+0.9%+5.1%+1.7%+2.2%+5.2%+9.7%-2.2%-5.0%9/12
23+23.09%+11.7%+6.9%+7.4%-2.4%-5.2%-2.2%+3.4%+3.4%+3.7%+7.7%-2.0%-9.4%7/12
24+22.95%+2.5%+3.4%+1.2%+3.5%+3.6%+2.3%+3.1%+2.4%-0.1%+0.6%+1.9%-3.1%10/12
25+22.31%+11.9%+7.0%+7.1%-2.5%-5.2%-2.4%+3.5%+3.6%+3.6%+8.0%-2.3%-9.7%7/12

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 / ManagerReturnAprMayJunJulAugSepOctNovDecJanFebMar+MoShortlist
1+49.48%+3.2%+5.6%+2.9%-3.9%-2.6%0.0%+4.2%+7.3%+22.5%+26.9%-7.0%-11.8%7/12
2+44.81%+5.1%+5.7%+6.8%+0.5%+2.2%+4.4%+1.6%+0.1%-3.4%+2.6%+0.9%+12.1%11/12
3+44.50%-0.2%+0.6%0.0%-4.3%+1.2%+13.7%+4.1%+5.4%+22.1%+22.9%-7.7%-13.9%7/12
4+43.48%+4.8%-0.3%+0.2%+2.0%+2.1%+9.3%+3.8%+3.3%+5.1%+15.6%+0.2%-7.6%10/12
5+38.22%+2.5%+2.7%+4.4%+2.3%+4.2%+7.9%+4.0%+1.4%+3.2%+7.1%-1.2%-5.0%10/12
6+36.93%+8.7%+0.8%+2.3%-1.9%+0.8%+5.3%+2.8%+2.8%+0.8%+6.9%+5.3%-1.9%10/12
7+34.86%+0.4%+6.5%+4.3%+3.4%+3.4%+5.1%+1.5%+0.9%+2.5%+6.8%+1.5%-5.4%11/12
8+34.70%+2.2%+1.7%+0.7%+0.2%0.0%+1.4%+1.7%+1.1%+23.2%0.0%0.0%0.0%8/12
9+30.24%+0.1%+6.3%+3.2%+6.8%+3.5%+4.4%+2.4%-0.1%+1.4%+3.6%-0.1%-4.3%9/12
10+29.87%+0.4%+2.5%+2.7%+1.8%+3.6%+5.8%+1.0%+1.1%+4.7%+9.8%-0.3%-5.8%10/12
11+27.55%-1.2%+16.1%+5.3%-2.4%-0.9%+2.5%+8.1%+2.3%-3.2%-1.2%+12.8%-10.6%6/12
12+26.47%+3.5%+0.6%-0.5%+1.2%+0.5%+6.2%+2.4%+2.8%+6.5%+10.2%-1.8%-6.8%9/12
13+25.19%+14.0%+9.8%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%2/12
14+24.65%+3.3%+1.7%+1.8%+0.6%+1.5%+6.0%+3.5%+2.5%+2.7%+6.9%-0.1%-7.3%10/12
15+23.68%+7.5%+3.2%+6.2%-0.3%-1.1%-0.2%+2.1%-1.9%+1.7%+0.3%+7.6%-2.7%7/12
16+23.51%+3.2%+1.5%+3.0%+0.8%+0.4%+4.6%+4.2%+1.3%+6.7%+7.1%-4.4%-6.2%10/12
17+23.32%+3.3%+3.5%+2.1%+4.6%+2.1%+3.9%+2.1%+0.4%-0.8%+0.3%+3.5%-3.6%10/12
18+23.11%+2.9%+0.5%-0.1%+1.0%+0.9%+5.1%+1.7%+2.2%+5.2%+9.7%-2.2%-5.0%9/12
19+23.09%+11.7%+6.9%+7.4%-2.4%-5.2%-2.2%+3.4%+3.4%+3.7%+7.7%-2.0%-9.4%7/12
20+22.95%+2.5%+3.4%+1.2%+3.5%+3.6%+2.3%+3.1%+2.4%-0.1%+0.6%+1.9%-3.1%10/12

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 / ManagerReturnAprMayJunJulAugSepOctNovDecJanFebMar+MoShortlist
1+15.95%+1.3%+0.7%+1.2%+1.2%+1.2%+1.5%+1.3%+1.2%+1.3%+1.3%+1.2%+1.6%12/12
2+15.75%+1.9%+1.4%+1.2%+1.3%+1.1%+1.2%+1.2%+1.1%+1.1%+0.8%+1.3%+1.1%12/12
3+12.67%+1.2%+1.3%+0.7%+1.6%+0.7%+0.6%+1.8%+2.1%+0.5%+0.4%+0.8%+0.5%12/12
4+12.21%+1.6%+1.2%+2.1%+0.6%+0.6%+1.1%+0.9%+1.0%+0.7%+1.5%+0.3%0.0%12/12
5+12.19%+1.3%+1.3%+0.9%+1.0%+1.3%+1.0%+1.1%+1.2%+0.7%+0.5%+1.1%+0.3%12/12
6+11.49%+1.1%+1.0%+0.9%+1.0%+0.9%+0.8%+1.0%+0.9%+0.8%+0.8%+0.9%+0.9%12/12
7+11.43%+1.4%+1.0%+1.1%+1.0%+0.9%+0.7%+1.0%+0.9%+0.6%+0.7%+0.7%+0.9%12/12
8+11.28%+1.0%+0.7%+0.1%+0.8%+0.6%+2.4%+0.7%+1.3%+0.8%+0.6%+1.0%+0.7%12/12
9+11.12%+1.2%+1.2%+0.9%+1.0%+0.5%+1.3%+1.2%+0.9%+0.8%0.0%+0.8%+0.9%12/12
10+10.86%+1.3%+1.0%+1.0%+0.8%+0.2%+1.3%+1.0%+0.9%+0.9%+0.4%+0.9%+0.8%12/12
11+10.46%+1.0%+1.1%+0.8%+0.8%+0.8%+0.8%+0.9%+1.0%+0.8%+0.6%+0.8%+0.8%12/12
12+10.29%+1.4%+1.2%+0.9%+1.1%+0.6%+0.7%+0.9%+0.9%+0.6%+0.5%+0.8%+0.2%12/12
13+10.00%+1.3%+0.9%+0.9%+0.8%+0.5%+1.0%+0.8%+0.9%+0.8%+0.5%+0.9%+0.2%12/12
14+9.29%+0.8%+0.8%+0.2%+0.8%+0.8%+0.8%+1.1%+1.4%+0.6%+0.8%+0.5%+0.3%12/12
15+9.08%+4.7%+0.5%+0.4%+0.4%+0.4%+0.4%+0.4%+0.2%+0.4%+0.4%+0.3%+0.4%12/12
16+8.83%+1.1%+0.6%+0.8%+0.6%+0.5%+1.0%+0.6%+0.8%+0.7%+0.5%+0.8%+0.5%12/12
17+8.58%+1.0%+1.0%+0.4%+0.9%+0.6%+0.6%+0.7%+0.9%+0.5%+0.6%+0.9%+0.3%12/12
18+8.43%+1.4%+0.9%+0.3%+0.8%+0.5%+0.6%+1.0%+0.7%+0.3%+0.9%+0.7%+0.1%12/12
19+8.10%+1.2%+0.8%+0.7%+0.1%+0.5%+0.9%+0.6%+0.7%+0.8%+0.4%+0.8%+0.3%12/12
20+7.77%+1.1%+0.9%+0.7%+0.8%+0.3%+0.7%+0.8%+0.6%+0.5%+0.3%+0.9%+0.1%12/12

Resilient compounders

At or above the universe median (-1.45%) with a controlled worst month. A middle path between raw speed and all-green consistency.

#Strategy / ManagerReturnAprMayJunJulAugSepOctNovDecJanFebMar+MoShortlist
1+118.61%-7.2%+46.7%+8.5%-7.9%+6.0%+0.9%-0.1%+19.1%-0.1%+0.2%+0.1%+26.2%8/12
2+60.80%0.0%0.0%0.0%0.0%+0.9%0.0%0.0%0.0%0.0%+59.3%0.0%0.0%2/12
3+49.48%+3.2%+5.6%+2.9%-3.9%-2.6%0.0%+4.2%+7.3%+22.5%+26.9%-7.0%-11.8%7/12
4+44.81%+5.1%+5.7%+6.8%+0.5%+2.2%+4.4%+1.6%+0.1%-3.4%+2.6%+0.9%+12.1%11/12
5+43.48%+4.8%-0.3%+0.2%+2.0%+2.1%+9.3%+3.8%+3.3%+5.1%+15.6%+0.2%-7.6%10/12
6+39.56%0.0%0.0%+41.7%0.0%0.0%-0.5%0.0%0.0%-0.5%0.0%0.0%-0.5%1/12
7+38.22%+2.5%+2.7%+4.4%+2.3%+4.2%+7.9%+4.0%+1.4%+3.2%+7.1%-1.2%-5.0%10/12
8+36.93%+8.7%+0.8%+2.3%-1.9%+0.8%+5.3%+2.8%+2.8%+0.8%+6.9%+5.3%-1.9%10/12
9+34.86%+0.4%+6.5%+4.3%+3.4%+3.4%+5.1%+1.5%+0.9%+2.5%+6.8%+1.5%-5.4%11/12
10+34.70%+2.2%+1.7%+0.7%+0.2%0.0%+1.4%+1.7%+1.1%+23.2%0.0%0.0%0.0%8/12
11+30.24%+0.1%+6.3%+3.2%+6.8%+3.5%+4.4%+2.4%-0.1%+1.4%+3.6%-0.1%-4.3%9/12
12+29.87%+0.4%+2.5%+2.7%+1.8%+3.6%+5.8%+1.0%+1.1%+4.7%+9.8%-0.3%-5.8%10/12
13+27.55%-1.2%+16.1%+5.3%-2.4%-0.9%+2.5%+8.1%+2.3%-3.2%-1.2%+12.8%-10.6%6/12
14+26.47%+3.5%+0.6%-0.5%+1.2%+0.5%+6.2%+2.4%+2.8%+6.5%+10.2%-1.8%-6.8%9/12
15+25.19%+14.0%+9.8%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%2/12

How to Read This (and What to Open Next)

Methodology

  • Source: SEBI monthly PMS disclosures ingested into KnowYourPMS; 1M TWRR cells for 2025-04…2026-03.
  • 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 -1.45%; mean -1.15%; P90 +10.27%.

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 2025-26 report measure?
Compounded return over the twelve months April 2025 through March, using SEBI monthly 1M TWRR. Only strategies reporting all twelve months are ranked.
Why are some full-year returns negative?
FY 2025-26 had a median of -1.4%. 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.