PMS · Equity · Flexi Cap
Piper Serica Advisors - Leader Portfolio
Fund size₹328 Cr
Alpha (3Y)15.10%
3Y return16.46%
Fund age7 yrs 2 mo
Fund Manager
Growth of₹Cr
Piper Serica Advisors Leader
Returns: How it has done
| Scheme / Benchmark | YTD | 1Y | 2Y | 3Y | 5Y | Since inception |
|---|---|---|---|---|---|---|
| Piper Serica Advisors Leader | 26.13% | 21.80% | 9.19% | 16.46% | 12.29% | 17.31% |
| NIFTY 50 TRI | −7.00% | −0.35% | −1.19% | 9.00% | 8.32% | 11.89% |
| Excess over benchmark | 33.13% | 22.15% | 10.38% | 7.46% | 3.97% | 5.42% |
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
18.01%
Benchmark approx 13.25%
A standard deviation reflecting historical swings.
Sensitivity
0.98
Beta vs benchmark 1.00 · 2% less reactive
How strongly the scheme moves with the index.
Risk-reward
1.07
Sharpe
Excess return gained per unit of volatility.
Capture ratio
136 / 47
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 −21.44% from its 02 Oct 2024 peak to a 03 Mar 2025 trough, and recovered on 04 Jul 2025 after 123 days.
Max drawdowns
−21.44%
Recovery period
123 days
Scheme Drawdown Trajectory
| Drawdown analysis | Peak | Trough | Depth | Fell over | Recovered | Recovery took |
|---|---|---|---|---|---|---|
| Scheme | 02 Oct 2024 | 03 Mar 2025 | −21.44% | 152 days | 04 Jul 2025 | 123 days |
| Benchmark | 30 Aug 2024 | 03 Mar 2025 | −15.29% | 185 days | – | – |
Scheme
Peak02 Oct 2024
Trough03 Mar 2025
Depth−21.44%
Fell over152 days
Recovered04 Jul 2025
Recovery took123 days
Benchmark
Peak30 Aug 2024
Trough03 Mar 2025
Depth−15.29%
Fell over185 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
Portfolio Details : Where the money actually sits
Stocks
16
Avg market cap
₹27,006 Cr
Asset class
Equity
Top 5 holdings
Cartrade Tech Ltd9.52%
Syrma SGS Technology Ltd8.27%
Fusion Finance Ltd8.07%
Senores Pharmaceuticals Ltd7.85%
Cash & Cash Equivalent6.18%
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 24.67% gross return.
FixedPlan A · SimpleFixed Management Fee2.50% / yr
Performance FeeNone
Hurdle RateNot applicable
VariablePlan B · Shared upsideFixed Management Fee1.50% / yr
Performance Fee6% of profit
Hurdle RateAbove 8%
Exit load 2.00% within 1 year, 1.00% within 2 years, 1.00% within 3 years. Lock-in: Nil.
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