NEW DELHI: A spectacular bull run on Dalal Street helped domestic portfolio managers for the rich deliver solid returns to their high networth clients in November. Available data suggests at least 189 major PMSes from across segments – like multicap, smallcap, midcap and largecap – delivered positive returns to investors during the month.
Lake Water Advisors’ Multicap Strategy delivered the most at 30.12 per cent for November, 62.17 per cent for last six months and 13.65 per cent for last one year. Nearly 67 per cent of the portfolio is invested in five stocks: Bajaj Finance, Aarti Industries, L&T Technology Services, 3M India and Aarti Surfactants.