Scient - Zen PMS (High Grade Debt PMS Strategy) PMS: Returns, Portfolio & Fees

PMS · Debt · Debt

Scient - Zen PMS (High Grade Debt PMS Strategy)

Fund size₹1 Cr

Alpha (3Y)−7.04%

3Y return5.51%

Fund age5 yrs 2 mo

Fund Manager

Mr. Ramesh Rachuri

Fund Manager, Scient

Mr. Ramesh Rachuri brings in over 14 years of experience across markets ranging from forex, equity derivatives and quant, to the entire panoply of debt sub markets ranging from g-secs to credit and structured products. Post his PGDM from IIM, Indore, he worked with Securities Trading Corporation of India Ltd, Reliance Mutual Fund and Reliance PMS, and BOI AXA Mutual Fund. He has demonstrated excellence in operationalizing new verticals while scaling them up into sustainable & profitable operations. A particular focus has been to incorporate quantitative techniques in fund management, and fund strategy to extract value from size and trading environmental changes.

Managing AUM₹7 Cr

Growth of₹Cr

Scient Zen PMS (High Grade Debt PMS Strategy)

Returns: How it has done

Scheme / Benchmark	YTD	1Y	2Y	3Y	5Y	Since inception
Scient Zen PMS (High Grade Debt PMS Strategy)	−0.35%	6.94%	6.81%	5.51%	—	5.81%
Nifty 500	−2.84%	5.74%	6.79%	7.43%	—	6.68%
Excess over benchmark	2.49%	1.20%	0.02%	−1.92%	—	−0.87%

Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 28 Feb 2026.

Risk : What you take on to earn the return

Volatility

3.50%

Benchmark approx 2.69%

A standard deviation reflecting historical swings.

Sensitivity

0.13

Beta vs benchmark 1.00 · 87% less reactive

How strongly the scheme moves with the index.

Risk-reward

−1.95

Sharpe

Excess return gained per unit of volatility.

Capture ratio

-12 / 76

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 −14.81% from its 30 Dec 2024 peak to a 28 Feb 2026 trough. It has not yet recovered.

Max drawdowns

−14.81%

Scheme Drawdown Trajectory

Drawdown analysis	Peak	Trough	Depth	Fell over	Recovered	Recovery took
Scheme	30 Dec 2024	28 Feb 2026	−14.81%	425 days	–	–
Benchmark	30 Aug 2024	28 Feb 2025	−18.59%	182 days	–	–

Scheme

Peak30 Dec 2024

Trough28 Feb 2026

Depth−14.81%

Fell over425 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 28 Feb 2026

Portfolio Details : Where the money actually sits

Asset class

Debt

Top 5 holdings

GSEC MAT -24/07/2037 07.18%7.81%

Mahindra & Mahindra Financial Services Ltd. 8.35% DB REDEEM 16/01/2034 INR 1000007.81%

Cholamandalam Investment & Finance Co. Ltd. 8.75% DB REDEEM 23/05/2030 INR 1000007.27%

8.2% IND GR TRU SR V CAT III&IV 06-05-317.10%

PNB Housing Finance Ltd. 8.70% BD REDEEM 24/11/2024 INR 1000000 - Tier 26.29%

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 6.00% gross return.

FixedPlan A · Simple

Fixed Management Fee1.00% / yr

Performance FeeNone

Hurdle RateNot applicable

VariablePlan B · Shared upside

Fixed Management Fee1.00% / yr

Performance Fee20% of profit

Hurdle RateAbove 6%

Exit load 0.50% within 1 year, nil after 2 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.