Nuvama Absolute Return Strategy is a debt portfolio management service (PMS) strategy run by Nuvama Asset Management Limited, launched on 29 May 2023. It manages ₹428 Cr of client assets and is benchmarked against the CRISIL Composite Bond Fund Index. Its reported trailing returns are +2.78% over 1 year (+8.33% since inception). The minimum investment is ₹50 Lakhs. The fund manager has not been publicly disclosed.
AUM
₹428 Cr
Minimum investment
₹50 Lakhs
Last checked . Source: public PMS performance disclosures. Returns are as reported by the portfolio manager; past performance is not a guarantee of future returns.
Fund Manager
Not Disclosed
Assets (AUM)
₹427.57 Cr
Benchmark Index
CRISIL Composite Bond Fund Index
Inception Date
29/05/2023
Trailing Returns
Trailing returns
Period
Return
1 Month
+3.67%
3 Months
-4.09%
1 Year
+2.78%
Since Inception
+8.33%
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.