PMS Tracker FY25: 18 funds gain up to 54%, worst performers shed over 27%

PMS strategies: In FY25, 18 PMS strategies posted over 20% gains, with InCred’s Focused Healthcare Portfolio topping at 53.6%. Healthcare and smallcap strategies dominated, while multicap and largecap strategies also saw solid returns. However, some multi-asset and multicap funds recorded steep losses, with SKG India Value falling over 27%. March ended with mixed performance, as 20 PMSes gained over 10%, while 8 ended negative.