PMS · Equity · Multi Cap
Solidarity Advisors - Prudence
Fund size₹1,760 Cr
Alpha (3Y)6.86%
3Y return18.49%
Fund age10 yrs 3 mo
Fund Manager
Manish Gupta
Manish Gupta
Fund Manager, Solidarity
Manish is an MBA from IIM Ahmedabad. He wants to build a business which delivers profits with purpose. Through Solidarity, he is attempting to turn aspirations to reality. Prior to founding Solidarity, he worked for 7 years with The Boston Consulting Group and for 8 years with Rakesh Jhunjhunwala. In his free time, he enjoys traveling, reading, meditation, and looking at the world through his daughters’ perspectives.
Managing AUM₹1,772 Cr
Growth of₹Cr
Solidarity Advisors Prudence
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Solidarity Advisors Prudence35.42%37.09%19.03%18.49%12.39%18.64%
Nifty 500−1.02%4.72%−0.11%12.09%10.91%14.34%
Excess over benchmark36.44%32.37%19.14%6.40%1.48%4.30%
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
18.27%
Benchmark approx 14.80%
A standard deviation reflecting historical swings.
Sensitivity
0.89
Beta vs benchmark 1.00 · 11% less reactive
How strongly the scheme moves with the index.
Risk-reward
0.74
Sharpe
Excess return gained per unit of volatility.
Capture ratio
95 / 46
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 −13.15% from its 26 Sep 2024 peak to a 07 Apr 2025 trough, and recovered on 21 May 2025 after 44 days.
Max drawdowns
−13.15%
Recovery period
44 days
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme26 Sep 202407 Apr 2025−13.15%193 days21 May 202544 days
Benchmark30 Aug 202428 Feb 2025−18.59%182 days––
Scheme
Peak26 Sep 2024
Trough07 Apr 2025
Depth−13.15%
Fell over193 days
Recovered21 May 2025
Recovery took44 days
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
Portfolio Details : Where the money actually sits
Stocks
13
P/E ratio
41.36
P/B ratio
5.33
Dividend yield
0.05%
Avg market cap
₹1.26 L Cr
Median market cap
₹6,027 Cr
Asset class
Equity
Market cap
Large cap11.16%
Mid cap
Small cap70.78%
Cash & others
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 17.00% gross return.
FixedPlan A · Simple
Fixed Management Fee2.00% / yr
Performance FeeNone
Hurdle RateNot applicable
VariablePlan B · Shared upside
Fixed Management Fee1.00% / yr
Performance Fee20% of profit
Hurdle RateAbove 12%
No exit load. Lock-in: Nil.
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