PMS Tracker: HEM Securities’ SME stars, others rally up to 7.5% in September despite Nifty’s 6% crash

What happened: HEM Securities' India Rising SME Stars scheme was September's top PMS performer, gaining 7.23% against its BSE 500 TRI benchmark, while several small-cap and SME strategies posted gains despite a weak month for equities. Key numbers: Nifty fell for eight consecutive weeks, its first such Why it matters: The content states September's figures show a market split by category selection and execution style rather than broad-based momentum, with targeted small-cap and SME approaches generating positive alpha while broad mid-cap and benchmark-heavy large-cap exposures declined.

HEM Securities' India Rising SME Stars scheme was September's top PMS performer, gaining 7.23% against its BSE 500 TRI benchmark, while several small-cap and SME strategies posted gains despite a weak month for equities.

The content states September's figures show a market split by category selection and execution style rather than broad-based momentum, with targeted small-cap and SME approaches generating positive alpha while broad mid-cap and benchmark-heavy large-cap exposures declined.