Merisis Smartblend ETF PMS: Returns, Portfolio & Fees

PMS · Equity · Multi Asset

Merisis Smartblend ETF

Fund size₹6 Cr

IRRSince inception23.48%

1Y return23.87%

Fund age12 mo

Fund Manager

Akshay Badjate

Fund Manager, Merisis

Akshay Badjate brings with him 18 years + of rich experience in the field of Indian Capital Markets with a focus on public markets investing. Akshay has previously worked in leadership roles with a focus on product & investment research at early stage fintech companies. He has also worked with a host of reputed global investment banks such as JP MorganChase, Lehman Brothers / Nomura and Kotak Institutional Equities. During his stint at Alphaniti (Now TORUS-Alphaniti) between 2019-2023, Akshay identified and built several multi-bagger investment themes which consistently figured in the top 10 in the Smallcase universe performance rankings. Akshay is a Chartered Accountant by qualification and is extremely passionate about equities. While being highly data driven, Akshay adopts a long-term orientation towards both business and market cycles. His favorite book is "Capital Returns" which has deeply influenced his investment thought process.

Managing AUM₹12 Cr

Growth of₹Cr

Merisis Smartblend ETF

Returns: How it has done

Scheme / Benchmark	YTD	1Y	2Y	3Y	5Y	Since inception
Merisis Smartblend ETF	7.62%	23.87%	—	—	—	23.48%
NIFTY 50 TRI	−7.00%	−0.35%	—	—	—	−0.55%
Excess over benchmark	14.62%	24.22%	—	—	—	24.03%

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

14.34%

Benchmark approx 14.63%

A standard deviation reflecting historical swings.

Sensitivity

0.74

Beta vs benchmark 1.00 · 26% less reactive

How strongly the scheme moves with the index.

Risk-reward

1.21

Sharpe

Excess return gained per unit of volatility.

How far below its previous high it fell

Over the trailing 1Y window the scheme fell −11.24%, and recovered on 29 Jul 2026.

Max drawdowns

−11.24%

Scheme Drawdown Trajectory

Drawdown analysis	Peak	Trough	Depth	Fell over	Recovered	Recovery took
Scheme	–	–	−11.24%	–	29 Jul 2026	–
Benchmark	01 Sep 2025	30 Mar 2026	−15.08%	210 days	–	–

Scheme

Peak–

Trough–

Depth−11.24%

Fell over–

Recovered29 Jul 2026

Recovery took–

Benchmark

Peak01 Sep 2025

Trough30 Mar 2026

Depth−15.08%

Fell over210 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 1Y window · As on 31 Aug 2026

Portfolio Details : Where the money actually sits

Stocks

P/E ratio

97.80

P/B ratio

2.36

Dividend yield

0.63%

Avg market cap

₹4,891 Cr

Median market cap

₹1,215 Cr

Asset class

Equity

Market cap

Large cap15.41%

Mid cap11.63%

Small cap21.26%

Cash & others51.70%

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.

FixedPlan A · Simple

Fixed Management Fee1.00% / yr

Performance FeeNone

Hurdle RateNot applicable

VariablePlan B · Performance Linked

Fixed Management FeeNone

Performance Fee20% of profit

Hurdle RateAbove 10%

No exit load. 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.