Axis Securities Ltd

Axis Securities Ltd

AUM (Cr.)

4833.89

Clients

3583

Inv. Approach

4

As On Date

30 September 2025

Axis Securities PMS (Portfolio Management Services) is a professionally managed investment offering by Axis Securities, designed primarily for High Net-Worth Individuals (HNIs) who seek customized equity-focused wealth creation strategies. It allows investors to benefit from expert fund management while maintaining direct ownership of securities in their own Demat accounts, ensuring transparency and control over their portfolio.

The PMS division of Axis Securities follows a research-driven investment philosophy, combining fundamental analysis, quantitative models, and sectoral insights to identify high-quality companies with long-term growth potential. The core focus is on building diversified equity portfolios across market capitalizations such as large-cap, mid-cap, and multi-cap segments. Investment strategies are designed to balance growth and risk, depending on investor objectives and market conditions.

Axis Securities PMS is known for its structured approach to portfolio construction, where experienced fund managers actively monitor and adjust holdings based on evolving market trends. Some of its strategies also incorporate thematic and quantitative approaches, including AI-based models and factor investing, aimed at capturing market opportunities efficiently.

The service typically requires a minimum investment of ₹50 lakh, in line with SEBI regulations for PMS offerings in India. It is structured for investors who prefer a more personalized approach than mutual funds and are comfortable with higher market-linked risk in exchange for potentially superior long-term returns.

Axis Securities PMS also provides investors with regular portfolio updates, performance reporting, and transparency in holdings. The platform supports discretionary as well as non-discretionary mandates, allowing flexibility in how much control the investor wants to retain over investment decisions.

Overall, Axis Securities PMS positions itself as a premium wealth management solution combining institutional-grade research, active portfolio management, and tailored investment strategies. It is suitable for investors aiming for long-term capital appreciation through professionally curated equity portfolios backed by one of India’s established financial institutions.

PMS Investments

PMS Investment Approach(s) Returns
Investment Approach Category 1 Yr Return 2 Yr Return 3 Yr Return 5 Yr Return Inception Date
Axis Securities Pure Growth Multi Cap & Flexi Cap -3.35% 14.18% 19.95% NA Jan 2021
Axis Securities Pure Contra Multi Cap & Flexi Cap -9.65% 17.67% 21.82% NA Nov 2020
Axis Securities AlphaSense AI Multi Cap & Flexi Cap -20.71% NA NA NA Oct 2023
Axis Securities Kaizen Multi Cap & Flexi Cap -14.07% 18.94% NA NA Jun 2023

*Returns are as of 30th September 2025. *Returns over a 1-year period are annualized *Returns are calculated using the Time Weighted Rate of Return (TWRR) method and as provided by the respective AMCs. *ND (No Data), *NA (Not Applicable) *Returns of the respective Benchmark Indices used are tabulated above. Benchmark(s) given are as per SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022 and the APMI circular no. APMI/2022-23/02 dated March 23, 2023, and Revised Annexure-1

Portfolio Managers

Mr. Naveen Kulkarni
Mr. Naveen Kulkarni

Chief Investment Officer

As the Chief Investment Officer, Naveen is responsible for the investment strategy of Axis Securities Portfolio Management Services. He has played a key role in launching distinctive investment strategies at Axis Securities that have delivered significant market outperformance. Naveen also has extensive experience in developing quant-based strategies, including Artificial Intelligence, Machine Learning, and Smart Beta approaches, with a proven track record. He brings over 20 years of experience across the financial services and telecom sectors. Naveen holds an engineering degree and an MBA from the International Management Institute, New Delhi, and is a CFA and FRM certificate holder. He is a frequent contributor to financial media outlets such as CNBC TV18, ET Now, and The Economic Times. Naveen has been consistently recognized as a top research analyst for Telecom, Consumer, and Strategy sectors in surveys by Asia Money, Institutional Investor, Thomson Reuters, and The Wall Street Journal. His team at Philip Capital was also rated among the top three most improved brokerages in the Asia Money Survey for 2016 and 2017.

Mr. Neeraj Gaurh
Mr. Neeraj Gaurh

SVP & Fund Manager

Neeraj brings nearly two decades of experience in the financial services industry, spanning corporate banking, equity research, and investment management. As a Fund Manager, he is responsible for delivering superior risk-adjusted returns in line with client mandates. Most recently, Neeraj served as Director and Head of Research at Equirus PMS, overseeing the research process and contributing investment ideas for its Multi-cap PMS scheme. Prior to this, he was Vice President – Equities in the Investment Management Team at Franklin Templeton India, managing portfolios with over $6 billion in domestic funds and $3 billion in offshore funds. His career also includes key roles at ICICI Bank, Axis Bank, Lehman Brothers, and Nomura Securities. Neeraj is passionate about business analysis and conducts hands-on research by engaging directly with customers, vendors, and company management. He holds an engineering degree from M.N.I.T. Jaipur, a PGDM/MBA from the Indian Institute of Management Kozhikode, and is a CFA charterholder from the CFA Institute, USA.

Mr. Nishit Master
Mr. Nishit Master

Fund Manager

Mr. Nishit Master brings a fresh perspective to markets at Axis Securities, drawing on his extensive experience across both buy-side and sell-side firms. As Fund Manager, he is responsible for generating superior risk-adjusted returns for clients in line with their mandates. Nishit has over 18 years of experience in the financial services industry, having worked with companies such as ING Investment Management, Kotak Mahindra Bank, Elara Capital, Reliance Securities, Anand Rathi, and Motilal Oswal Financial Services. At Reliance Securities, he served as Senior Vice President and Head of Institutional Equities, and his most recent role was with Emkay Global Financial Services in their Institutional Broking team. Nishit is a management graduate with an MBA from NMIMS, Mumbai, and a FRM certificate holder, known for his strong ability to understand business models and identify outperformers within the investable universe.

AMC Reg. Address

Piramal Realty, Agastya Corporate Park, Unit 002 A, Building A, Lal Bahadur Shastri Rd, Kamani, Junction, Kurla, Mumbai, Maharashtra SEBI Reg No.: INP000000654

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