A select set of portfolio management services (PMS) strategies delivered strong returns in June, with the best-performing funds generating gains of up to 14.54% during the month. Small-cap and multi-cap strategies dominated the leaderboard, highlighting continued investor preference for broader market opportunities.
Indian equities delivered a strong performance in June, with the Nifty advancing 2% and the Sensex gaining 1.5%, aided by a sharp decline in crude oil prices following the interim peace agreement between the US and Iran. The broader market outperformed the benchmarks, with the Nifty Smallcap 100 rising more than 4%, while the Nifty Midcap index lagged with a comparatively modest gain of 0.5%.
