FindPMS IndiaBest Risk-Adjusted PMS by Sharpe Ratio
Updated April 2026 · Data from SEBI PMS disclosures · 20 schemes
The Sharpe ratio is the single most useful PMS comparison metric. It combines two things that matter: return earned over the risk-free rate, and the volatility you had to stomach to earn it. A higher Sharpe means more return per unit of risk.
Rules of thumb: Sharpe below 0.5 is poor, 0.5-1.0 is average, 1.0-1.5 is good, above 1.5 is excellent. Always interpret Sharpe in the context of the market cycle - a 2-year bull run can inflate everyone's Sharpe.
We filter for ₹100 Cr+ AUM and 36+ months of data. Read our full guide to the Sharpe ratio for how it's calculated and its limitations.
| # | Scheme | Category | AUM | 1Y | 3Y | Sharpe ↓ |
|---|---|---|---|---|---|---|
| 1 | dezerv. Dynamic Debt Plus Strategy Dezerv Investments Private Limited | Debt | ₹1.3K Cr | +12.2% | - | 2.76 |
| 2 | Aequitas India Opportunities Product Aequitas Investment Consultancy Private Limited | Equity | ₹3.8K Cr | +43.5% | +45.5% | 2.20 |
| 3 | GLC Growth Fund Green Lantern Capital LLP | Equity | ₹1.2K Cr | -1.4% | +37.3% | 1.68 |
| 4 | 360 ONE Mandate - Balanced 360 One Portfolio Managers Limited (Formerly Known As Iifl Wealth Portfolio Managers Limited) | Multi Asset | ₹4.9K Cr | +13.2% | +17.7% | 1.38 |
| 5 | STALLION ASSET CORE FUND Stallion Asset Private Limited | Equity | ₹5.8K Cr | -2.6% | +31.5% | 1.37 |
| 6 | Wallfort Avenue Fund Wallfort Pms And Advisory Services Llp | Equity | ₹133 Cr | +20.2% | +33.4% | 1.32 |
| 7 | ValueQuest Vision Valuequest Investment Advisors Pvt. Ltd. | Equity | ₹770 Cr | +0.8% | +30.0% | 1.27 |
| 8 | DIVIDEND YIELD APPROACH Entrust Family Office Investment Advisors Pvt Ltd | Equity | ₹667 Cr | -0.7% | +28.9% | 1.17 |
| 9 | Pace 360 Multi Asset PMS Tresor Secure Pace Financial Investment Adviser Private Limited | Debt | ₹127 Cr | +7.6% | +11.4% | 1.10 |
| 10 | InCred Healthcare Portfolio Incred Asset Management Private Limited | Equity | ₹498 Cr | -0.7% | +26.9% | 1.08 |
| 11 | BESPOKEDebt True Beacon Investment Advisors Llp | Debt | ₹114 Cr | +23.2% | +15.8% | 1.06 |
| 12 | ICICI Prudential PMS Value Strategy ICICI Prudential Asset Management Company Ltd | Equity | ₹971 Cr | +8.5% | +24.2% | 1.05 |
| 13 | SAHASRAR CONCENTRATED GROWTH PORTFOLIO Sahasrar Capital Pvt Ltd | Equity | ₹1.1K Cr | +13.9% | +32.6% | 1.02 |
| 14 | SELECT SECTOR PORTFOLIO Aditya Birla Sun Life Amc Limited | Equity | ₹455 Cr | +6.0% | +23.2% | 1.02 |
| 15 | White Pine India Emerging Stars Approach White Pine Investment Management Private Limited | Equity | ₹337 Cr | +2.3% | +30.2% | 0.98 |
| 16 | ICICI Prudential PMS SMART Strategy ICICI Prudential Asset Management Company Ltd | Equity | ₹104 Cr | +3.4% | +22.5% | 0.97 |
| 17 | Wealth Mantra Fund Turtle Wealth Management Pvt. Ltd. | Equity | ₹212 Cr | +14.4% | +22.1% | 0.97 |
| 18 | DB India Flexi Bond Mandate/ DIIPL Discretionary India Flexi Bond Mandate Deutsche Investments India Private Limited | Debt | ₹112 Cr | +8.1% | +8.3% | 0.95 |
| 19 | CARNELIAN CONTRA PORTFOLIO STRATEGY Carnelian Asset Management & Advisors Pvt Ltd | Equity | ₹114 Cr | -1.4% | +26.4% | 0.94 |
| 20 | Buoyant Opportunities PMS Buoyant Capital Private Limited | Equity | ₹8.7K Cr | +6.0% | +21.0% | 0.90 |
#1
dezerv. Dynamic Debt Plus Strategy
Dezerv Investments Private Limited
Debt₹1.3K Cr
1Y +12.2%
3Y -
Sharpe 2.76
#2
Aequitas India Opportunities Product
Aequitas Investment Consultancy Private Limited
Equity₹3.8K Cr
1Y +43.5%
3Y +45.5%
Sharpe 2.20
#3
GLC Growth Fund
Green Lantern Capital LLP
Equity₹1.2K Cr
1Y -1.4%
3Y +37.3%
Sharpe 1.68
#4
360 ONE Mandate - Balanced
360 One Portfolio Managers Limited (Formerly Known As Iifl Wealth Portfolio Managers Limited)
Multi Asset₹4.9K Cr
1Y +13.2%
3Y +17.7%
Sharpe 1.38
#5
STALLION ASSET CORE FUND
Stallion Asset Private Limited
Equity₹5.8K Cr
1Y -2.6%
3Y +31.5%
Sharpe 1.37
#6
Wallfort Avenue Fund
Wallfort Pms And Advisory Services Llp
Equity₹133 Cr
1Y +20.2%
3Y +33.4%
Sharpe 1.32
#7
ValueQuest Vision
Valuequest Investment Advisors Pvt. Ltd.
Equity₹770 Cr
1Y +0.8%
3Y +30.0%
Sharpe 1.27
#8
DIVIDEND YIELD APPROACH
Entrust Family Office Investment Advisors Pvt Ltd
Equity₹667 Cr
1Y -0.7%
3Y +28.9%
Sharpe 1.17
#9
Pace 360 Multi Asset PMS Tresor Secure
Pace Financial Investment Adviser Private Limited
Debt₹127 Cr
1Y +7.6%
3Y +11.4%
Sharpe 1.10
#10
InCred Healthcare Portfolio
Incred Asset Management Private Limited
Equity₹498 Cr
1Y -0.7%
3Y +26.9%
Sharpe 1.08
#11
BESPOKEDebt
True Beacon Investment Advisors Llp
Debt₹114 Cr
1Y +23.2%
3Y +15.8%
Sharpe 1.06
#12
ICICI Prudential PMS Value Strategy
ICICI Prudential Asset Management Company Ltd
Equity₹971 Cr
1Y +8.5%
3Y +24.2%
Sharpe 1.05
#13
SAHASRAR CONCENTRATED GROWTH PORTFOLIO
Sahasrar Capital Pvt Ltd
Equity₹1.1K Cr
1Y +13.9%
3Y +32.6%
Sharpe 1.02
#14
SELECT SECTOR PORTFOLIO
Aditya Birla Sun Life Amc Limited
Equity₹455 Cr
1Y +6.0%
3Y +23.2%
Sharpe 1.02
#15
White Pine India Emerging Stars Approach
White Pine Investment Management Private Limited
Equity₹337 Cr
1Y +2.3%
3Y +30.2%
Sharpe 0.98
#16
ICICI Prudential PMS SMART Strategy
ICICI Prudential Asset Management Company Ltd
Equity₹104 Cr
1Y +3.4%
3Y +22.5%
Sharpe 0.97
#17
Wealth Mantra Fund
Turtle Wealth Management Pvt. Ltd.
Equity₹212 Cr
1Y +14.4%
3Y +22.1%
Sharpe 0.97
#18
DB India Flexi Bond Mandate/ DIIPL Discretionary India Flexi Bond Mandate
Deutsche Investments India Private Limited
Debt₹112 Cr
1Y +8.1%
3Y +8.3%
Sharpe 0.95
#19
CARNELIAN CONTRA PORTFOLIO STRATEGY
Carnelian Asset Management & Advisors Pvt Ltd
Equity₹114 Cr
1Y -1.4%
3Y +26.4%
Sharpe 0.94
#20
Buoyant Opportunities PMS
Buoyant Capital Private Limited
Equity₹8.7K Cr
1Y +6.0%
3Y +21.0%
Sharpe 0.90
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Past performance is not indicative of future results. This ranking reflects public SEBI disclosures and is not an endorsement of any scheme. Consult a SEBI-registered investment adviser before investing.