Nirmal Bang Securities Private Limited • Equity
Nirmal Bang Equity Multi Cap is an equity portfolio management service (PMS) strategy run by Nirmal Bang Securities Private Limited, launched on 30 Oct 2023. As of 30 Sep 2026, it manages ₹245 Cr of client assets and is benchmarked against the BSE 500 TRI. Its reported trailing returns are +34.80% over 1 year (+22.87% since inception). Over 1 year, the BSE 500 TRI returned -2.33%, so the strategy is 37.13 percentage points ahead of its benchmark. The minimum investment is ₹50 Lakhs. The strategy is managed by Manish Ostwal.
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 | -0.85% |
| 3 Months | +11.13% |
| 1 Year | +34.80% |
| Since Inception | +22.87% |
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 callNirmal Bang Equity Multi Cap has a 1-year return of +34.80% and +22.87% since inception as of 30 Sep 2026. Past performance is not indicative of future results.
Over 1 year, Nirmal Bang Equity Multi Cap returned +34.80% against -2.33% for the BSE 500 TRI, 37.13 percentage points ahead. Figures as of 30 Sep 2026.
Nirmal Bang Equity Multi Cap is managed by Manish Ostwal at Nirmal Bang Securities. The strategy manages ₹245 Cr of client assets as of 30 Sep 2026.
Nirmal Bang Equity Multi Cap manages ₹245 Cr of client assets as of 30 Sep 2026.
The minimum investment for Nirmal Bang Equity Multi Cap is ₹50 Lakhs.
Nirmal Bang Equity Multi Cap was launched on 30 Oct 2023. It has a 2-year track record.
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