48%
1-year holding
of 133 windows beat the index
Avg / yr+11.2%
Equity: Large Cap
Reliance - Alpha Large Cap
8.8
Nyra score
Independently scored
12-yr track record · since Apr 2014ValueAUM ₹1 CrMax drawdown −27.91%SEBI-registered PMS
3Y CAGR
21.8%
vs 22% index
5Y CAGR
12%
vs 15.4% index
Since inception
12.6%
CAGR · net of fees
₹1 Cr became
₹4.15 Cr
index ₹4.97 Cr
AUM
₹1 Cr
strategy size
Minimum
₹50 L
SEBI minimum
Snapshot
What this strategy is
An strategy with an objective to generate consistent and superior returns over a medium to long term by capitalizing on investment opportunities in the large cap space. Strategy is to generate consistent and superior returns by adopting a blend of bottom up and top down approach. ## Age: 9 Years 6 Months
Performance · what ₹1 crore would have become
₹4.15 Cr
+315% · 4.2× your money
- This strategy₹4.15 Cr
- S&P BSE 500 Total Return Index₹4.97 Cr
₹1 Cr invested at inception (Apr 2014)12.0 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 strategy-3.4%
-0.4%
13.5%
8.2%
21.8%
12%
12.6%
S&P BSE 500 Total Return Index
-2.9%
-1.4%
10.9%
9.6%
22%
15.4%
14.3%
Alpha
-0.5%
+1%
+2.6%
-1.4%
-0.2%
-3.4%
-1.7%
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.
46%
3-year holding
of 109 windows beat the index
Avg / yr+8.6%
40%
5-year holding
of 85 windows beat the index
Avg / yr+5.4%
25%
7-year holding
of 61 windows beat the index
Avg / yr+4.2%
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.
−27.91%
Max drawdown
-35.7%
Worst 1-yr window
27.5%
Volatility (ann.)
0.93
Sharpe ratio
In its worst stretch the strategy fell −27.91% peak-to-trough. A Sharpe of 0.93 means it earned a modest 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 37 stocks, spread across the market-cap curve.
Market-cap mix
- Large69%
- Mid6%
- Small23%
- Cash / Debt2%
Concentration
Holdings37 stocks
Cash / debt buffer2%
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.
Fund manager
Investment team
Reliance · 12-yr strategy tenure · ₹1 Cr managed
Investment philosophy
Reliance's Large Cap approach leans on valuation discipline — buying solid businesses for less than they are worth and waiting for the gap to close. 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 37 holdings means the highest-conviction ideas actually move the portfolio.
Through the cycle
A 12-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 −27.91%.
Nyra's read
A high-conviction large cap strategy with a strong scorecard.
Nyra scores Reliance - Alpha Large Cap 8.8/10, on a since-inception CAGR near 12.6% and a 3-year CAGR of 21.8%. Its sharpest fall on record is about −27.91% — 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 −27.91% 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
- Apr 2014
- Track record
- 12 years
- Category
- Equity: Large Cap
- Style
- Value
- Benchmark
- S&P BSE 500 Total Return Index
- Holdings
- 37 stocks
- Fixed fee
- 2.00% fixed
- Performance fee
- 20% over 10.00% hurdle
- Minimum investment
- ₹50 L
- Lock-in / exit
- Nil
- Reporting
- Monthly + live login
- Regulator
- SEBI-registered PMS
PMS Sahi Hai is a SEBI-registered 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
“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.”
Rajesh K.HNI · Mumbai · ₹3.2 Cr · 2 PMS reviewedComposite client stories — names changed, numbers preserved.
FAQ
Reliance - Alpha Large Cap — common questions
What is Reliance - Alpha Large Cap?
Reliance - Alpha Large Cap is a Large Cap PMS strategy from Reliance. It follows a Value style, is benchmarked to the S&P BSE 500 Total Return Index, and carries a Nyra score of 8.8/10.
Who should consider Reliance - Alpha Large Cap?
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 (Apr 2014) it has compounded at roughly 12.6% a year, with a 3-year CAGR of 21.8% against 22% 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?
2.00% fixed, with a performance fee of 20% over 10.00% hurdle. Exit / lock-in terms: Nil.
How risky is it?
Like all market-linked products it can fall in value; the worst drawdown on record is about −27.91%. Reliance is SEBI-registered and reports monthly. This page is information, not investment advice.
