FindPMS IndiaBest Risk-Adjusted PMS by Sharpe Ratio
Updated August 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 | Phillip Income Builder Portfolio Growth Phillipcapital (India) Pvt Ltd | Debt | ₹262 Cr | +10.7% | - | 4.55 |
| 2 | dezerv. Dynamic Debt Plus Strategy Dezerv Investments Private Limited | Debt | ₹1.7K Cr | +11.6% | +11.6% | 2.92 |
| 3 | Aequitas India Opportunities Product Aequitas Investment Consultancy Private Limited | Equity | ₹2.3K Cr | +30.1% | +28.5% | 1.81 |
| 4 | GLC Growth Fund Green Lantern Capital LLP | Equity | ₹1.8K Cr | +9.1% | +31.1% | 1.70 |
| 5 | STALLION ASSET CORE FUND Stallion Asset Private Limited | Equity | ₹8.7K Cr | +15.3% | +33.8% | 1.69 |
| 6 | Dezerv. Infra yield assets Dezerv Investments Private Limited | Multi Asset | ₹109 Cr | +17.6% | +16.8% | 1.61 |
| 7 | InCred Healthcare Portfolio Incred Asset Management Private Limited | Equity | ₹731 Cr | +3.6% | +26.4% | 1.44 |
| 8 | 360 ONE Mandate - Balanced 360 One Portfolio Managers Limited (Formerly Known As Iifl Wealth Portfolio Managers Limited) | Multi Asset | ₹5.1K Cr | +8.4% | +17.2% | 1.43 |
| 9 | SAHASRAR CONCENTRATED GROWTH PORTFOLIO Sahasrar Capital Pvt Ltd | Equity | ₹1.7K Cr | +26.1% | +38.2% | 1.34 |
| 10 | Ace Multicap Asit C. Mehta Investment Interrmediates Ltd. | Equity | ₹121 Cr | +10.2% | +24.3% | 1.33 |
| 11 | White Pine India Emerging Stars Approach White Pine Investment Management Private Limited | Equity | ₹522 Cr | +19.8% | +31.2% | 1.32 |
| 12 | Sphere Ithought Financial Consulting Llp | Multi Asset | ₹913 Cr | +8.8% | +19.4% | 1.28 |
| 13 | ValueQuest Vision Valuequest Investment Advisors Pvt. Ltd. | Equity | ₹1.1K Cr | +6.2% | +27.0% | 1.24 |
| 14 | SELECT SECTOR PORTFOLIO Aditya Birla Sun Life Amc Limited | Equity | ₹608 Cr | +9.8% | +24.4% | 1.23 |
| 15 | DIVIDEND YIELD APPROACH Entrust Family Office Investment Advisors Pvt Ltd | Equity | ₹751 Cr | +3.6% | +24.9% | 1.20 |
| 16 | CARNELIAN BESPOKE PORTFOLIO Carnelian Asset Management & Advisors Pvt Ltd | Equity | ₹3.9K Cr | +16.0% | +23.0% | 1.17 |
| 17 | DYNAMIC INVESTMENT APPROACH Systematix Shares & Stocks (India) Limited | Equity | ₹159 Cr | +18.2% | +23.6% | 1.17 |
| 18 | CARNELIAN CAPITAL COMPOUNDER STRATEGY Carnelian Asset Management & Advisors Pvt Ltd | Equity | ₹2.3K Cr | +16.1% | +22.8% | 1.16 |
| 19 | Flexi-Cap Wealth Creator Portfolio (A5) Infinity Alternatives Investment Managers Private Limited | Equity | ₹124 Cr | +8.8% | +18.6% | 1.15 |
| 20 | Sameeksha India Equity Fund Sameeksha Capital Private Limited | Equity | ₹1.3K Cr | +4.4% | +18.6% | 1.12 |
#1
Phillip Income Builder Portfolio Growth
Phillipcapital (India) Pvt Ltd
Debt₹262 Cr
1Y +10.7%
3Y -
Sharpe 4.55
#2
dezerv. Dynamic Debt Plus Strategy
Dezerv Investments Private Limited
Debt₹1.7K Cr
1Y +11.6%
3Y +11.6%
Sharpe 2.92
#3
Aequitas India Opportunities Product
Aequitas Investment Consultancy Private Limited
Equity₹2.3K Cr
1Y +30.1%
3Y +28.5%
Sharpe 1.81
#4
GLC Growth Fund
Green Lantern Capital LLP
Equity₹1.8K Cr
1Y +9.1%
3Y +31.1%
Sharpe 1.70
#5
STALLION ASSET CORE FUND
Stallion Asset Private Limited
Equity₹8.7K Cr
1Y +15.3%
3Y +33.8%
Sharpe 1.69
#6
Dezerv. Infra yield assets
Dezerv Investments Private Limited
Multi Asset₹109 Cr
1Y +17.6%
3Y +16.8%
Sharpe 1.61
#7
InCred Healthcare Portfolio
Incred Asset Management Private Limited
Equity₹731 Cr
1Y +3.6%
3Y +26.4%
Sharpe 1.44
#8
360 ONE Mandate - Balanced
360 One Portfolio Managers Limited (Formerly Known As Iifl Wealth Portfolio Managers Limited)
Multi Asset₹5.1K Cr
1Y +8.4%
3Y +17.2%
Sharpe 1.43
#9
SAHASRAR CONCENTRATED GROWTH PORTFOLIO
Sahasrar Capital Pvt Ltd
Equity₹1.7K Cr
1Y +26.1%
3Y +38.2%
Sharpe 1.34
#10
Ace Multicap
Asit C. Mehta Investment Interrmediates Ltd.
Equity₹121 Cr
1Y +10.2%
3Y +24.3%
Sharpe 1.33
#11
White Pine India Emerging Stars Approach
White Pine Investment Management Private Limited
Equity₹522 Cr
1Y +19.8%
3Y +31.2%
Sharpe 1.32
#12
Sphere
Ithought Financial Consulting Llp
Multi Asset₹913 Cr
1Y +8.8%
3Y +19.4%
Sharpe 1.28
#13
ValueQuest Vision
Valuequest Investment Advisors Pvt. Ltd.
Equity₹1.1K Cr
1Y +6.2%
3Y +27.0%
Sharpe 1.24
#14
SELECT SECTOR PORTFOLIO
Aditya Birla Sun Life Amc Limited
Equity₹608 Cr
1Y +9.8%
3Y +24.4%
Sharpe 1.23
#15
DIVIDEND YIELD APPROACH
Entrust Family Office Investment Advisors Pvt Ltd
Equity₹751 Cr
1Y +3.6%
3Y +24.9%
Sharpe 1.20
#16
CARNELIAN BESPOKE PORTFOLIO
Carnelian Asset Management & Advisors Pvt Ltd
Equity₹3.9K Cr
1Y +16.0%
3Y +23.0%
Sharpe 1.17
#17
DYNAMIC INVESTMENT APPROACH
Systematix Shares & Stocks (India) Limited
Equity₹159 Cr
1Y +18.2%
3Y +23.6%
Sharpe 1.17
#18
CARNELIAN CAPITAL COMPOUNDER STRATEGY
Carnelian Asset Management & Advisors Pvt Ltd
Equity₹2.3K Cr
1Y +16.1%
3Y +22.8%
Sharpe 1.16
#19
Flexi-Cap Wealth Creator Portfolio (A5)
Infinity Alternatives Investment Managers Private Limited
Equity₹124 Cr
1Y +8.8%
3Y +18.6%
Sharpe 1.15
#20
Sameeksha India Equity Fund
Sameeksha Capital Private Limited
Equity₹1.3K Cr
1Y +4.4%
3Y +18.6%
Sharpe 1.12
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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.