PMS · Debt · Debt
Nuvama Absolute Return Strategy
Fund size₹283 Cr
IRRSince inception8.55%
3Y return8.29%
Fund age3 yrs 3 mo
Fund Manager
Growth of₹Cr
Nuvama Absolute Return
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Nuvama Absolute Return−2.17%1.33%4.37%8.29%—8.55%
Nifty 500−1.02%5.20%6.10%6.89%—6.68%
Excess over benchmark−1.15%−3.87%−1.73%1.40%—1.87%
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
6.83%
A standard deviation reflecting historical swings.
Risk-reward
0.44
Sharpe
Excess return gained per unit of volatility.
How far below its previous high it fell
Over the trailing 3Y window the scheme fell −8.69% from its 30 Jan 2026 peak to a 31 Mar 2026 trough. It has not yet recovered.
Max drawdowns
−8.69%
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme30 Jan 202631 Mar 2026−8.69%60 days––
Benchmark30 Aug 202428 Feb 2025−18.59%182 days––
Scheme
Peak30 Jan 2026
Trough31 Mar 2026
Depth−8.69%
Fell over60 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
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 13.00% gross return.
FixedPlan A · Simple
Fixed Management Fee1.75% / yr
Performance FeeNone
Hurdle RateNot applicable
VariablePlan B · Shared upside
Fixed Management Fee1.25% / yr
Performance Fee10% of profit
Hurdle RateAbove 8%
Exit load 0.50% within 1 year, nil after 2 years. Lock-in: Nil.
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