PMS · Equity · Small Cap
Ambit Investment Advisors - Emerging Giants
Fund size₹168 Cr
Alpha (3Y)−8.78%
3Y return3.55%
Fund age7 yrs 9 mo
Fund Managers
Bhargav Buddhadev
Bhargav Buddhadev
Fund Manager, PMS, Ambit
"BhargavBuddhadev is theCo-FundManagerof theAmbitEmergingGiantsSmallCapPortfolioatAmbit AssetManagement.Hehasover20yearsofexperienceininvestmentandequityresearch.Prior tojoining Ambit,heworkedwithKotakMutual Fundwherehewaspartof the investmentdecisionmakingprocess foridentifyingmid-andsmall-capfunds.HealsoworkedwithAmbit InstitutionalEquitiesandwasentrusted withtheresponsibilityofresearchingmid-capstocks . Bhargavwas recognized inAsiamoneypolls in2017andrankedas the4th best analyst forConsumer DiscretionaryandSmallCaps,the7thbestanalystforUtilitiesandthe10thbestanalystforConglomerates.Oneofhismajorcontributionswas thecreationofasmall-capresearchproductcalledtheBeachcombing SeriesatAmbit InstitutionalEquitiesthat identifiedundiscoverednamesandhelpedhisteamrankinthetop threeinAsiaMoneypolls.Thesecret saucetothissuccesswas theextensivechannel checkswhichwere conductedbytalkingtocompetitors,suppliersandchannelpartnerslikedistributors BhargavisaqualifiedCharteredAccountant,holdsanMBAinFinanceandiscurrentlypursuingtheAmerican CFAlevel IIcertification"
Managing AUM₹575 Cr
Trilok Agarwal
Trilok Agarwal
Fund Manager, Ambit
Trilok Agarwal is the Fund Manager of Ambit Good & Clean Midcap Portfolio and Ambit Emerging Giants Portfolio at Ambit Asset Management. He has over 16 years of experience in Investment and Equity research. Before joining Ambit, he worked with Dymon Asia Capital and Aditya Birla Sun life limited. (ABSLI). He was the core member of the investment team that overlooked equities over $2bn. In the initial phase of his career, he tracked research across various sectors Auto, Telecom, Consumer, Discretionary, chemicals, and Cement to name a few. His cross-sector exposure and eye for detail ensured his progress to becoming a fund manager quickly. Due to his superlative & consistent performance and contribution, he won serval accolades and was appreciated on various platforms, nominated as a Young leader three years in a row across Aditya Birla Financial Services group. At the time of his departure from ABSLI, he was managing funds of over $500mn. During his tenure, funds generated an average alpha of 280bps over 5-year tenure with consistent outperformance vs benchmark. He has also played a pivotal role in launching and scaling up funds for ABSLI during 2016-20 and garnered over Rs. 1000cr of AUM. At Dymon Asia Capital, he was looking at alternate Investment funds with a mandate to generate alpha by doing long/ short.
Managing AUM₹610 Cr
Growth of₹Cr
Ambit Investment Advisors Emerging Giants
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Ambit Investment Advisors Emerging Giants—−18.76%−5.12%3.55%13.64%11.46%
Nifty 500−8.38%−5.50%15.48%16.14%20.67%13.60%
Excess over benchmark—−13.26%−20.60%−12.59%−7.03%−2.14%
Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 30 Sep 2025.
Risk : What you take on to earn the return
Volatility
18.92%
Benchmark approx 12.74%
A standard deviation reflecting historical swings.
Sensitivity
0.84
Beta vs benchmark 1.00 · 16% less reactive
How strongly the scheme moves with the index.
Risk-reward
−0.01
Sharpe
Excess return gained per unit of volatility.
Capture ratio
61 / 95
Upside / Downside Capture
Share of market gains captured versus losses absorbed.
How far below its previous high it fell
Over the trailing 3Y window the scheme fell −27.55% from its 30 Oct 2024 peak to a 31 Mar 2025 trough. It has not yet recovered.
Max drawdowns
−27.55%
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme30 Oct 202431 Mar 2025−27.55%152 days––
Benchmark30 Aug 202428 Feb 2025−18.59%182 days––
Scheme
Peak30 Oct 2024
Trough31 Mar 2025
Depth−27.55%
Fell over152 days
Recovered–
Recovery took–
Benchmark
Peak30 Aug 2024
Trough28 Feb 2025
Depth−18.59%
Fell over182 days
Recovered–
Recovery took–
The benchmark's peak, trough and recovery are read off its month-end curve; the scheme's row is measured on daily NAV. · Risk and drawdown use a trailing 3Y window · As on 30 Sep 2025
Portfolio Details : Where the money actually sits
Stocks
20
P/E ratio
41.97
P/B ratio
4.55
Dividend yield
0.34%
Avg market cap
₹7,607 Cr
Median market cap
₹6,688 Cr
Asset class
Equity
Market cap
Large cap
Mid cap
Small cap98.50%
Cash & others
Fees
A fixed plan is cheaper when returns are strong. A performance plan costs less in lean years and shares the upside only when the fund beats a hurdle.
FixedPlan A · Simple
Fixed Management Fee2.50% / yr
Performance FeeNone
Hurdle RateNot applicable
VariablePlan B · Performance Linked
Fixed Management FeeNone
Performance Fee15% of profit
Hurdle RateNot applicable
Exit load 1.00% within 1 year, nil after 2 years. Lock-in: Nil.
Let's start a
conversation
  • Compare this PMS against 3,000+ others with our research desk
  • Build a long-term portfolio around your goals, not a one-off buy
  • Experts with decades of experience.
Private. Personal. No obligation.
We will only use these details to contact you about this enquiry. No spam.
Start a conversation
Share a few details and an expert will reach out.
We will only use these details to contact you about this enquiry. No spam.