Right Horizons - Flexi Cap PMS: Returns, Portfolio & Fees

PMS · Equity · Multi Cap

Right Horizons - Flexi Cap

Fund size₹361 Cr

Alpha (3Y)−2.34%

3Y return8.19%

Fund age13 yrs 8 mo

Fund Manager

Anil Rego

Fund Manager, PMS, Right Horizons

Anil Rego is the CEO and founder of Right Horizons, an end-to-end Investment advisory and wealth management firm. An MBA and CFA degree holder, Anil believes in the Contrarian approach of wealth management. His areas of expertise includes Corpus fund management, tax planning and end to end financial planning for both residents and NRI investors .Anil has worked for Wipro as Business Planning and Merger and Acquisition Manager before starting Right Horizons in October 2003. RightHorizons has branches across Bangalore, Mumbai, Chennai and Hyderabad.Anil has been a columnist in leading Indian newspapers. He also routinely answers queries in mainline publications and websites. He is also a Guest Lecturer with various business schools like ICFAI, ITM and Union Bank School of management. Anil has also served as member, Board of Governors, at IBSAF.

Managing AUM₹785 Cr

Growth of₹Cr

Right Horizons Flexi Cap

Returns: How it has done

Scheme / Benchmark	YTD	1Y	2Y	3Y	5Y	Since inception
Right Horizons Flexi Cap	3.48%	3.89%	−2.25%	8.19%	11.02%	10.97%
Nifty 500	−1.07%	2.98%	0.42%	11.88%	12.34%	13.86%
Excess over benchmark	4.55%	0.91%	−2.67%	−3.69%	−1.32%	−2.89%

Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 31 Jul 2026.

Risk : What you take on to earn the return

Volatility

19.34%

Benchmark approx 14.88%

A standard deviation reflecting historical swings.

Sensitivity

1.17

Beta vs benchmark 1.00 · 17% more reactive

How strongly the scheme moves with the index.

Risk-reward

0.30

Sharpe

Excess return gained per unit of volatility.

Capture ratio

106 / 120

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 −30.43% from its 27 Sep 2024 peak to a 31 Mar 2026 trough. It has not yet recovered.

Max drawdowns

−30.43%

Scheme Drawdown Trajectory

Drawdown analysis	Peak	Trough	Depth	Fell over	Recovered	Recovery took
Scheme	27 Sep 2024	31 Mar 2026	−30.43%	550 days	–	–
Benchmark	30 Aug 2024	28 Feb 2025	−18.59%	182 days	–	–

Scheme

Peak27 Sep 2024

Trough31 Mar 2026

Depth−30.43%

Fell over550 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 Jul 2026

Portfolio Details : Where the money actually sits

Stocks

P/E ratio

37.17

P/B ratio

5.23

Dividend yield

0.43%

Avg market cap

₹2.12 L Cr

Median market cap

₹87,550 Cr

Asset class

Equity

Market cap

Large cap38.03%

Mid cap27.78%

Small cap32.89%

Cash & others1.30%

As on 31 Jul 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 18.33% gross return.

FixedPlan A · Simple

Fixed Management Fee2.50% / yr

Performance FeeNone

Hurdle RateNot applicable

VariablePlan B · Shared upside

Fixed Management Fee1.25% / yr

Performance Fee15% of profit

Hurdle RateAbove 10%

Exit load 2.00% within 1 year, 1.00% within 2 years, nil after 3 years. 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.