PMS · Equity · Mid & Small Cap
Trivantage Capital Small & Mid Cap Financials Portfolio
Fund size₹31 Cr
Alpha (3Y)8.80%
3Y return13.42%
Fund age3 yrs 5 mo
Fund Manager
Nikhil Johri
Nikhil Johri
Fund Manager, PMS, Trivantage
Mr Nikhil Johri, is a seasoned professional with almost three decades of experience across leading banks and asset managers in India. He has headed the India businesses for global asset managers such as Alliance Capital, ABN AMRO and BNP Paribas. During some of these stints, Nikhil served on the Indian Boards of these firms whilst also actively contributing as a member of their Asian Management teams. He has also served on the Board of Directors of the Association of Mutual Funds in India (AMFI). At Trivantage Capital, Nikhil has been the portfolio manager of various strategies since Feb 2015. During this period, he has built a proprietary investment model for stock selection that blends his assessment of various qualitative and quantitative screeners.
Managing AUM₹275 Cr
Growth of₹Cr
Trivantage Capital Small & Mid Cap Financials
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Trivantage Capital Small & Mid Cap Financials9.11%23.46%10.57%13.42%—19.24%
NIFTY 50 TRI−7.00%−0.35%−1.19%9.00%—11.24%
Excess over benchmark16.11%23.81%11.76%4.42%—8.00%
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
18.87%
Benchmark approx 13.21%
A standard deviation reflecting historical swings.
Sensitivity
0.99
Beta vs benchmark 1.00 · 1% less reactive
How strongly the scheme moves with the index.
Risk-reward
0.69
Sharpe
Excess return gained per unit of volatility.
Capture ratio
121 / 69
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 −23.56% from its 23 Sep 2024 peak to a 03 Mar 2025 trough, and recovered on 06 Jun 2025 after 95 days.
Max drawdowns
−23.56%
Recovery period
95 days
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme23 Sep 202403 Mar 2025−23.56%161 days06 Jun 202595 days
Benchmark30 Aug 202403 Mar 2025−15.29%185 days––
Scheme
Peak23 Sep 2024
Trough03 Mar 2025
Depth−23.56%
Fell over161 days
Recovered06 Jun 2025
Recovery took95 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
21
P/E ratio
30.50
P/B ratio
3.16
Dividend yield
0.36%
Avg market cap
₹67,652 Cr
Median market cap
₹54,098 Cr
Asset class
Equity
Market cap
Large cap10.46%
Mid cap53.13%
Small cap29.70%
Cash & others6.71%
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 15.00% gross return.
FixedPlan A · Simple
Fixed Management Fee2.50% / yr
Performance FeeNone
Hurdle RateNot applicable
VariablePlan B · Shared upside
Fixed Management Fee1.50% / yr
Performance Fee20% of profit
Hurdle RateAbove 10%
Exit load 3.00% within 1 year, 2.00% within 2 years, 1.00% within 3 years. Lock-in: Nil.
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