PMS · Debt · Debt
Maximal Income Fund
Fund size₹50 Cr
Alpha (3Y)13.80%
3Y return20.39%
Fund age4 yrs 2 mo
Fund Manager
Sarvesh Gupta
Sarvesh Gupta
Fund Manager, Maximal
"Sarvesh has been investing in equities for more than 15 years with 12 years of experience of being a full-time professional investor across the listed and unlisted space. Prior to launching Maximal Capital PMS, Sarvesh was a SEBI registered investment adviser during 2017-21 across listed equities and high yield debt strategies, generating double digit alpha for clients during this tenure. Before founding Maximal, Sarvesh was the fund manager at Trivantage Capital during 2016-17, a SEBI registered PMS. Sarvesh was instrumental in setting the fund from ground zero to reach multi hundred crores in assets with strong double digit alpha. Preceding that, Sarvesh was Principal with Gaja Capital, one of India’s leading private equity firm focused on investing in sectors across financial services, consumer products and services, education amongst others. At Gaja, he participated and often led the investment process. He was the youngest at Gaja to be inducted in the top decision-making core investment team, having being promoted twice in a span of 3 years."
Managing AUM₹249 Cr
Growth of₹Cr
Maximal Income
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Maximal Income10.72%17.57%18.51%20.39%—19.75%
Nifty 500−1.02%1.25%4.16%5.47%—6.33%
Excess over benchmark11.74%16.32%14.35%14.92%—13.42%
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
8.69%
Benchmark approx 2.53%
A standard deviation reflecting historical swings.
Sensitivity
0.91
Beta vs benchmark 1.00 · 9% less reactive
How strongly the scheme moves with the index.
Risk-reward
1.63
Sharpe
Excess return gained per unit of volatility.
Capture ratio
193 / -347
Upside / Downside Capture
Share of market gains captured versus losses absorbed.
Fees
VariablePlan A · Shared upside
Fixed Management Fee1.00% / yr
Performance Fee15% of profit
Hurdle RateAbove 15%
Exit load 3.00% within 1 year, 2.00% within 2 years, 1.00% within 3 years. Lock-in: Nil.
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