One Tamil Nadu jeweller emerged as the closest thing to a consensus trade among India’s best-performing PMS fund managers, who handle investments of crorepatis, in June. Thangamayil Jewellery featured among the five largest holdings of four of the top 10 equity portfolio management service strategies that disclosed their portfolios.
Equirus Wealth’s Long Horizon Fund made the most aggressive wager, allocating 22.56% of its portfolio to the stock, according to data pulled from the records of PMS Bazaar. The conviction coincided with performance. The small-cap strategy topped the June rankings with a return of 14.49%, well ahead of the 10.5% return delivered by the tenth-ranked portfolio.
Thangamayil shares have already doubled so far in the calendar year 2026.
