CUMULUS ADVISORY LLP • Equity
Elevate is an equity portfolio management service (PMS) strategy run by CUMULUS ADVISORY LLP, launched on 25 Apr 2025. As of 30 Sep 2026, it manages ₹127 Cr of client assets and is benchmarked against the BSE 500 TRI. Its reported trailing returns are +11.75% over 1 year (+14.74% since inception). Over 1 year, the BSE 500 TRI returned -2.33%, so the strategy is 14.08 percentage points ahead of its benchmark. The minimum investment is ₹50 Lakhs. The strategy is managed by Duby Rex.
Returns and AUM as of , as reported to APMI. Last checked . Source: public PMS performance disclosures. Returns are as reported by the portfolio manager; past performance is not a guarantee of future returns.
| Period | Return |
|---|---|
| 1 Month | -1.40% |
| 3 Months | +6.04% |
| 1 Year | +11.75% |
| Since Inception | +14.74% |
| management fee | Fixed Fees: 1.5% |
| exit load | 1st year: 2% 2nd year: 1% |
A PMS needs at least ₹50 lakh. Before you commit, get a second opinion on fees, benchmark and fit from Foliyo, a fee-only SEBI Registered Investment Adviser.
Book an intro callElevate has a 1-year return of +11.75% and +14.74% since inception as of 30 Sep 2026. Past performance is not indicative of future results.
Over 1 year, Elevate returned +11.75% against -2.33% for the BSE 500 TRI, 14.08 percentage points ahead. Figures as of 30 Sep 2026.
Elevate is managed by Duby Rex at Cumulus Advisory. The strategy manages ₹127 Cr of client assets as of 30 Sep 2026.
Elevate manages ₹127 Cr of client assets as of 30 Sep 2026.
The fee structure for Elevate includes: management fee: Fixed Fees: 1.5%; exit load: 1st year: 2% 2nd year: 1%.
The minimum investment for Elevate is ₹50 Lakhs.
Elevate was launched on 25 Apr 2025. It has a 1-year track record.
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