Midcap and smallcap schemes managed by portfolio management services firms saw negative returns in February. Equitree Capital Advisors, Saurabh Mukherjea, Aequitas Investment Consultancy, Ambit Investment Advisors, Geojit Financial Services, Equirus Wealth, PGIM India, and Care Portfolio Managers were among the firms that gave negative returns.
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 Prudentials 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.