NEW DELHI: Two PMS funds, which are heavily invested in smallcap stocks, more than doubled investor money in the fiscal year 2022, outperforming their benchmarks by a wide margin. Data collated by PMS Bazaar shows Green Portfolio’s Super 30 strategy, holding stocks like Precision Camshafts, Avantel, Gujarat Themis Biosyn and Bannari Amman Spinning Mills, trounced every competitor to deliver 136 per cent returns.
The portfolio holds 29 stocks, mostly from pharma, textiles, chemicals, industrial manufacturing and fertiliser sectors. The average market cap of companies held by the portfolio stood at Rs 2,819 crore.
Divam Sharma, Founder at Green Portfolio, said this is a high-risk and high-return nature of the strategy where businesses are chosen considering turnarounds that may lead to a spike in performance due to any special situation forming such as a change in key management, M&A, deleveraging, etc.
“Few of our selections in this strategy like Precision Camshafts, Shiva…