49%
1-year holding
of 241 windows beat the index
Avg / yr+17.7%
Equity: Large Cap
Nippon - Absolute Freedom - ABS
7.2
Nyra score
Independently scored
21-yr track record · since Sep 2004GrowthAUM —Max drawdown −17.66%SEBI-registered PMS
3Y CAGR
13.4%
vs 11.9% index
5Y CAGR
13.6%
vs 12.3% index
Since inception
14.3%
CAGR · net of fees
₹1 Cr became
₹16.56 Cr
index ₹18.82 Cr
AUM
—
strategy size
Minimum
₹50 L
SEBI minimum
Snapshot
What this strategy is
Absolute Freedom Strategy aim to generate relatively outsize returns, over a 3-5 years period, through a balanced portfolio predominantly comprising quality large cap stocks and selective Quality larger midcap stocks.Invest predominantly in large cap portfolio with around 60% to 80% exposure in Top 100 companies by Market Capitalization. Portfolio Adhering to'Must 5' Investment Framework.
Performance · what ₹1 crore would have become
₹16.56 Cr
+1556% · 16.6× your money
- This strategy₹16.56 Cr
- S&P BSE 500 Total Return Index₹18.82 Cr
₹1 Cr invested at inception (Sep 2004)21.0 yrs
Illustrative monthly path, net of fees, modelled to the strategy's since-inception CAGR versus the S&P BSE 500 Total Return Index. Not the actual NAV series; past performance is not indicative of future returns.
Returns
Trailing returns vs benchmark
Absolute for windows under a year, annualised (CAGR) beyond. Alpha is the strategy minus its benchmark.
1M
3M
6M
1Y
3Y
5Y
SI
This strategy2.3%
5.8%
3.8%
5.4%
13.4%
13.6%
14.3%
S&P BSE 500 Total Return Index
2.2%
3.8%
2%
3%
11.9%
12.3%
15%
Alpha
+0.1%
+2%
+1.8%
+2.4%
+1.5%
+1.3%
-0.7%
Reliability
How often it has beaten the index
Across every rolling holding period in the modelled history: the longer you hold, the more the odds have favoured the strategy.
53%
3-year holding
of 217 windows beat the index
Avg / yr+18.5%
55%
5-year holding
of 193 windows beat the index
Avg / yr+18.0%
62%
7-year holding
of 169 windows beat the index
Avg / yr+18.1%
Computed on an illustrative monthly path modelled to the since-inception CAGR, not the actual NAV series.
Risk
The quality of those returns
Returns mean little without the ride that earned them.
−17.66%
Max drawdown
-24.5%
Worst 1-yr window
17.9%
Volatility (ann.)
14.33
Sharpe ratio
In its worst stretch the strategy fell −17.66% peak-to-trough. A Sharpe of 14.33 means it earned a healthy return for each unit of risk taken. Size the position so a drawdown of that order is one you can sit through.
Portfolio
Under the hood: where the money sits
A focused book of about 30 stocks, spread across the market-cap curve.
Market-cap mix
- Large30%
- Mid16%
- Small47%
- Cash / Debt8%
Concentration
Holdings30 stocks
Cash / debt buffer7%
Top holdings and the sector book stream from the live feed; ask Nyra for the current portfolio.
Manager
Who runs the money
A strategy is only as good as the hand on the wheel.
VG
View full profile Fund manager
Varun Goel
Nippon · 21-yr strategy tenure · — managed
Investment philosophy
Nippon's Large Cap approach backs durable compounders with long runways, accepting a fuller multiple for quality and growth visibility. It is benchmarked to the S&P BSE 500 Total Return Index but invests with conviction rather than hugging the index.
Conviction over the index
A focused book of roughly 30 holdings means the highest-conviction ideas actually move the portfolio.
Through the cycle
A 21-year track record across rallies and drawdowns; positioning shifts with the cycle rather than chasing the last quarter.
Risk first
Drawdowns are managed deliberately; the worst peak-to-trough on record is about −17.66%.
Nyra's read
A large cap strategy with a mixed but improving profile.
Nyra scores Nippon - Absolute Freedom - ABS 7.2/10, on a since-inception CAGR near 14.3% and a 3-year CAGR of 13.4%. Its sharpest fall on record is about −17.66%. Size the position so that ride is one you can hold.
Best suited to
Investors with a 5-year-plus horizon who want active Large Cap exposure and can sit through equity drawdowns.
Mind if
A −17.66% drawdown would test your nerve, or you need ₹50 L+ to commit at the SEBI minimum.
Pairs well with
A steadier core (large-cap or hybrid) so this can play the higher-conviction satellite in your overall allocation.
Facts & fees
The fine print, in plain sight
- Inception
- Sep 2004
- Track record
- 21 years
- Category
- Equity: Large Cap
- Style
- Growth
- Benchmark
- S&P BSE 500 Total Return Index
- Holdings
- 30 stocks
- Fixed fee
- 2.50% fixed
- Performance fee
- Performance-linked
- Minimum investment
- ₹50 L
- Lock-in / exit
- Exit Load: 1 Year: 2.00%, 2 Year: 0.00%, 3 Year: 0.00%
- Reporting
- Monthly + live login
- Regulator
- SEBI-registered PMS
PMS Sahi Hai is an APMI-registered distribution platform. Figures are sourced from the strategy's disclosures and the live feed; the growth chart, rolling-window and risk figures are modelled to the disclosed since-inception CAGR (illustrative, not the actual NAV series). Returns are net of fees where stated. Investments in PMS, AIF and GIFT City strategies are subject to market risk. Past performance is not indicative of future results. This page is information, not investment advice.
What investors say when they sit down with us
Things investors say to us. Composites, not any one person.
₹3.2 Cr · 2 PMS reviewed
“I held two PMS for four years and couldn't tell you why. One 15-minute review showed me the overlap, the real post-tax number, and one fund worth replacing. Nobody had ever shown me that math.”
FAQ
Nippon - Absolute Freedom - ABS: common questions
What is Nippon - Absolute Freedom - ABS?
Nippon - Absolute Freedom - ABS is a Large Cap PMS strategy from Nippon, managed by Varun Goel. It follows a Growth style, is benchmarked to the S&P BSE 500 Total Return Index, and carries a Nyra score of 7.2/10.
Who should consider Nippon - Absolute Freedom - ABS?
It suits investors with a five-year-plus horizon who want active Large Cap exposure and can stay invested through market drawdowns. The SEBI minimum is ₹50 L.
What returns has it delivered?
Since inception (Sep 2004) it has compounded at roughly 14.3% a year, with a 3-year CAGR of 13.4% against 11.9% for the S&P BSE 500 Total Return Index. Returns are net of fees; past performance is not a guarantee of future results.
What are the fees and lock-in?
2.50% fixed, with a performance fee of Performance-linked. Exit / lock-in terms: Exit Load: 1 Year: 2.00%, 2 Year: 0.00%, 3 Year: 0.00%.
How risky is it?
Like all market-linked products it can fall in value; the worst drawdown on record is about −17.66%. Nippon is SEBI-registered and reports monthly. This page is information, not investment advice.
