PMS · Equity · Mid Cap
Nuvama Equities eXpansion Target
Fund size₹213 Cr
Alpha (3Y)1.63%
3Y return14.64%
Fund age3 yrs 3 mo
Fund Manager
Growth of₹Cr
Nuvama Equities eXpansion Target
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Nuvama Equities eXpansion Target16.56%14.85%1.05%14.64%—15.52%
Nifty 500−1.02%4.72%−0.11%12.09%—14.10%
Excess over benchmark17.58%10.13%1.16%2.55%—1.42%
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
24.62%
Benchmark approx 14.69%
A standard deviation reflecting historical swings.
Sensitivity
1.33
Beta vs benchmark 1.00 · 33% more reactive
How strongly the scheme moves with the index.
Risk-reward
0.46
Sharpe
Excess return gained per unit of volatility.
Capture ratio
124 / 117
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 −26.40% from its 30 Oct 2024 peak to a 31 Mar 2026 trough. It has not yet recovered.
Max drawdowns
−26.40%
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme30 Oct 202431 Mar 2026−26.40%517 days––
Benchmark30 Aug 202428 Feb 2025−18.59%182 days––
Scheme
Peak30 Oct 2024
Trough31 Mar 2026
Depth−26.40%
Fell over517 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 15.33% gross return.
FixedPlan A · Simple
Fixed Management Fee2.50% / yr
Performance FeeNone
Hurdle RateNot applicable
VariablePlan B · Shared upside
Fixed Management Fee2.00% / yr
Performance Fee15% of profit
Hurdle RateAbove 12%
Exit load 2.00% within 1 year, 1.00% within 2 years, nil after 3 years. Lock-in: Nil.
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