PMS · Equity · Flexi Cap
Asit C Mehta - Ace Multicap
Fund size₹121 Cr
Alpha (3Y)8.97%
3Y return22.17%
Fund age8 yrs
Fund Manager
Growth of₹Cr
Asit C Mehta Ace Multicap
Returns: How it has done
| Scheme / Benchmark | YTD | 1Y | 2Y | 3Y | 5Y | Since inception |
|---|---|---|---|---|---|---|
| Asit C Mehta Ace Multicap | 4.58% | 14.18% | 2.21% | 22.17% | 23.46% | 19.11% |
| Nifty 500 | −1.02% | 4.72% | −0.11% | 12.09% | 10.90% | 12.50% |
| Excess over benchmark | 5.60% | 9.46% | 2.32% | 10.08% | 12.56% | 6.61% |
Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 31 Aug 2026.
Risk : What you take on to earn the return
Volatility
20.69%
Benchmark approx 14.78%
A standard deviation reflecting historical swings.
Sensitivity
1.12
Beta vs benchmark 1.00 · 12% more reactive
How strongly the scheme moves with the index.
Risk-reward
0.83
Sharpe
Excess return gained per unit of volatility.
Capture ratio
139 / 104
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 −25.91% from its 14 Jul 2024 peak to a 04 Mar 2025 trough. It has not yet recovered.
Max drawdowns
−25.91%
Scheme Drawdown Trajectory
| Drawdown analysis | Peak | Trough | Depth | Fell over | Recovered | Recovery took |
|---|---|---|---|---|---|---|
| Scheme | 14 Jul 2024 | 04 Mar 2025 | −25.91% | 233 days | – | – |
| Benchmark | 30 Aug 2024 | 28 Feb 2025 | −18.59% | 182 days | – | – |
Scheme
Peak14 Jul 2024
Trough04 Mar 2025
Depth−25.91%
Fell over233 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 31 Aug 2026
Portfolio Details : Where the money actually sits
Stocks
19
P/E ratio
29.90
P/B ratio
3.32
Dividend yield
1.11%
Avg market cap
₹2.46 L Cr
Median market cap
₹33,422 Cr
Asset class
Equity
Market cap
Large cap20.42%
Mid cap22.75%
Small cap47.18%
Cash & others9.65%
As on 31 Aug 2026
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. Both cost the same at a 12.50% gross return.
FixedPlan A · SimpleFixed Management Fee2.50% / yr
Performance FeeNone
Hurdle RateNot applicable
VariablePlan B · Shared upsideFixed Management Fee2.00% / yr
Performance Fee20% of profit
Hurdle RateAbove 10%
Exit load 2.00% within 1 year, nil after 2 years. Lock-in: Nil.
Let's start a
conversation
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.