Marcellus - Rising Giants PMS: Returns, Portfolio & Fees

PMS · Equity · Mid Cap

Marcellus - Rising Giants

Fund size₹88 Cr

Alpha (3Y)−4.68%

3Y return5.64%

Fund age4 yrs 7 mo

Fund Manager

Ashvin Shetty

Fund Manager, Marcellus

Ashvin has more than 10 years of experience in equity research. He led the coverage on automobile sector at Ambit Capital from 2010 to 2017. He was ranked in Starmine Analyst Awards 2013 and 2016 for his stock picking abilities during this stint. He thereafter worked as a senior analyst for Ambit’s Mid and Small cap PMS funds till November 2018. Prior to joining Ambit, he worked with Execution Noble as an analyst covering consumer and media space. He has also worked with KPMG’s and Deloitte’s statutory audit departments from 2004 to 2007 gaining extensive experience across Indian accounting standards and financial statement analysis. Qualifications: Ashvin is a BCom graduate from Narsee Monjee College (Mumbai). He is a qualified Chartered Accountant (ICAI India) and Chartered Financial Analyst (CFA Institute, USA).

Managing AUM₹271 Cr

Growth of₹Cr

Marcellus Rising Giants

Returns: How it has done

Scheme / Benchmark	YTD	1Y	2Y	3Y	5Y	Since inception
Marcellus Rising Giants	0.27%	−5.85%	−0.42%	5.64%	—	−0.46%
Nifty 500	−1.07%	2.98%	0.42%	11.89%	—	11.75%
Excess over benchmark	1.34%	−8.83%	−0.84%	−6.25%	—	−12.21%

Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 31 Jul 2026.

Risk : What you take on to earn the return

Volatility

15.18%

Benchmark approx 14.79%

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

0.08

Sharpe

Excess return gained per unit of volatility.

Capture ratio

68 / 81

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 −20.88% from its 17 Jul 2025 peak to a 31 Mar 2026 trough. It has not yet recovered.

Max drawdowns

−20.88%

Scheme Drawdown Trajectory

Drawdown analysis	Peak	Trough	Depth	Fell over	Recovered	Recovery took
Scheme	17 Jul 2025	31 Mar 2026	−20.88%	257 days	–	–
Benchmark	30 Aug 2024	28 Feb 2025	−18.59%	182 days	–	–

Scheme

Peak17 Jul 2025

Trough31 Mar 2026

Depth−20.88%

Fell over257 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 Jul 2026

Portfolio Details : Where the money actually sits

Dividend yield

0.58%

Avg market cap

₹9,340 Cr

Asset class

Equity

Market cap

Large cap

Mid cap4.00%

Small cap79.00%

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. Both cost the same at a 13.50% gross return.

FixedPlan A · Simple

Fixed Management Fee2.50% / yr

Performance FeeNone

Hurdle RateNot applicable

VariablePlan B · Shared upside

Fixed Management Fee1.75% / yr

Performance Fee10% of profit

Hurdle RateAbove 6%

Exit load 2.00% within 1 year, nil after 2 years. Lock-in: Nil.

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