PMS Tracker: East Green, Atlas Integrated Finance, Hem Securities, 7 others deliver up to 14.7% returns in August
Equity PMS strategies posted strong gains during the month, led by East Green Advisors’ Quant Strategy, which emerged as the best performer with a 14.73% return for the month ended August 31, 2026.
East Green Advisors’ Quant Strategy, a multi-cap and flexi-cap strategy benchmarked against the BSE 500 TRI, topped the performance chart with a 14.73% return in August.
Atlas Integrated Finance‘s Momentum 20 PMS Fund followed with a 14.46% return. The multi-cap and flexi-cap strategy was the second-best performer during the month.
Hem Securities‘ India Rising SME Stars, the only small-cap strategy among the top performers, gained 13.08% in August. The strategy is benchmarked against the BSE 500 TRI.
Jainam Broking’s Jainam Value Maxima, a multi-cap and flexi-cap strategy benchmarked against the Nifty 50 TRI, posted a 12.30% return. Accelt Asset Management’s Long Term Equity Fund rounded out the double-digit performers with an 11.32% gain.
The remaining strategies in the performance list posted negative returns during August. Amaltas Asset Management’s Strategic Opportunities Series 1 fell 4.23%, while Lakewater Advisors’ India Growth declined 5.12%.Omniscience Capital Advisors’ two thematic strategies were also among the weakest performers. Omni Industry Inc fell 3.67%, while Omni Energy Transition declined 4.50%.
Ashima Capital Management’s Long Heritage Value Fund recorded the steepest decline among the strategies listed, falling 7.64% during August.
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Worst-performing PMS in August
Ashima Capital Management’s Long Heritage Value Fund was the weakest-performing PMS strategy in the August performance list, declining 7.64% during the month.
Lakewater Advisors’ India Growth followed with a 5.12% fall. Omniscience Capital Advisors’ Omni Energy Transition declined 4.50%, while Amaltas Asset Management’s Strategic Opportunities Series 1 lost 4.23%.
Omniscience Capital Advisors’ Omni Industry Inc rounded out the list of declining strategies with a 3.67% fall in August.
Markets outlook
India’s benchmark equity index Nifty50 faces a heavy-lifting problem. While foreign investor flows could return, crude oil prices may stabilise and bond yields could ease, a durable recovery in the Nifty may remain difficult unless the market’s two heavyweight sectors — banks and IT — begin to participate, analysts said.
Analysts remain divided on the near-term outlook.
The Nifty’s struggle to reclaim the 24,000 mark is beginning to look less like a pause and more like a warning signal, according to Anand James, chief market strategist at Geojit Investments.
“After closing below the rising trendline that had supported the index since April, the benchmark faces the risk of a deeper correction towards 23,260,” James said.
He said 23,800 remains a firm near-term support level, but any recovery would need to push the Nifty above 24,215 for the market structure to turn constructive.
Until then, attempts to bounce could remain short-lived as traders assess whether the index is entering a wider corrective phase.
In contrast, Elara Securities remains bullish on the Nifty despite the index’s prolonged stagnation. Harendra Kumar, managing director and CEO of Elara Securities, expects the index to reach 30,000 over the next 15 months.
Kumar expects the market to deliver a 15%-20% return over the next 15 months, supported by a stabilising rupee, a turnaround in foreign investor flows and resilient corporate earnings.
“Our base case is a 15% to 20% return over the next 15 months. It could go higher, because once momentum picks up, markets can go anywhere,” Kumar said.
He added that the risk-reward currently favours India, particularly as earnings expectations for markets such as the Nasdaq, Dow Jones and KOSPI are expected to weaken after next year.
This article has been written by Kumar Gaurav, who is not a SEBI-registered Research Analyst or an Investment Adviser. Gaurav and his/her ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective SEBI-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment.
