About 18 PMS funds from the smallcap category gave 3-15% returns in June, data shared by PMS Bazaar showed.Saurabh Mukherjea’s Marcellus Investment Managers saw its Little Champs fund give a 7.2% return last month. On a 3-month basis, this fund has given nearly 9% returns. Equitree Capital Advisors’ Emerging Opportunities fund gave a strong 11% return in June.
This fund has delivered a staggering 38% gain in three months. Ambit Investment Advisors’ Emerging Giants fund has been a consistent performer, rising 5% in June. It has given a whopping 40% return in a 1-year period.
ICICI Prudential’s PIPE strategy fund in the midcap and smallcap category has given nearly 10% returns in June and has been a consistent performer. Over a 1-year period, this fund has given 46% returns to investors. Two of Motilal Oswal’s funds in the midcap & smallcap categories have given more than 9% returns each in June.
Market veteran Sunil Singhania’s Abakkus Asset Manager’s Emerging Opportunities fund has given 22% returns over a 3-month period and a staggering 40% returns over a 1-year period. Thematic funds of PMS, too, did well last month, giving over 4-11% returns in June. These funds have given high double-digit returns to investors over a 3-month period.
Given the strong market momentum, even funds in the largecap category gave positive returns in June. Mukherjea’s Global Consistent Compounders largecap fund logged the best returns among all largecap funds at nearly 8%. This fund has given a strong 23% return in a 3-month period.
ICICI Prudential’s Largecap strategy fund delivered 5% returns in June, and 32% returns on a 1-year period. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These
. Read more on economictimes.indiatimes.com