Fund Snapshot
| Parameter | Details |
| Strategy Name | Equity |
| Product Name | Equity |
| PMS Provider | Ayan Analytics Pvt Ltd |
| Benchmark | Nifty 50 TRI |
| Date of Inception | January 3, 2024 |
| Fund Age | 2.5 Years |
| Asset Under Management (AUM) | ₹15.04 Crores |
| Minimum Investment Amount | ₹50,00,000 (₹50 Lakhs) |
| Fixed Fees Structure | NA |
| Variable Fees Structure | Base AMC: 0.32% | Hurdle Rate: 14% | Performance Fee: 14% |
| Exit Load | No exit penalty applicable (NA) |
Fund Purpose
The primary investment objective of the TOP 100 Equity strategy is to generate structural large-cap alpha and superior risk-adjusted returns for clients by investing in India's leading blue-chip corporations. Benchmarked against the Nifty 50 TRI, the strategy focuses on capturing steady compounding milestones within the top 100 listed companies by market capitalization. By utilizing specialized quantitative layers alongside behavioral indicators, the approach seeks to actively optimize entry and exit cycles inside the large-cap universe, building a highly liquid portfolio that converts India's macroeconomic growth into absolute wealth.
Fund Philosophy
Large-Cap Stability and Liquidity Bedrock
The strategy focuses on the top 100 listed Indian enterprises, anchoring capital to businesses with robust balance sheets, strong institutional ownership, and high trading volumes. This structural choice reduces individual company vulnerabilities and ensures high portfolio liquidity across all market conditions.
Algorithmic Price-Velocity Screens
To systematically outperform a rigid index, the selection engine utilizes multi-factor quantitative screens to monitor price velocity and volume trend persistence. Capital is directed to large-cap stocks showing strong operational health and positive momentum, ensuring efficient capital allocation.
Quantitative Behavioral Cycle Integration
Stock markets are frequently driven by human emotion and sentiment shifts. The philosophy incorporates behavioral analytics to identify periods of irrational institutional selling or over-enthusiasm, allowing the fund manager to make contrarian adjustments when prices diverge from business value.
Preservation of Capital via Margin of Safety
While pursuing active outperformance, protecting investor wealth remains a critical core priority. The investment team screens for defensive large-caps with strong free cash flows, clear competitive moats, and reasonable valuations, establishing a margin of safety during broad market corrections.
Benchmark-Agnostic Weight Distribution
Measuring success against the Nifty 50 TRI does not mean duplicating the index's exact structure. The portfolio operates with a benchmark-agnostic approach, allowing the manager to completely avoid struggling sector heavyweights and overweight high-conviction industry leaders instead.
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TOP 100 Equity
Benchmark: Nifty 50 TRI
Compare fund returns and benchmark performance across multiple investment periods using a visual bar graph.
Review and compare fund returns against benchmark performance across different investment periods in a detailed tabular format.
AYAN ANALYTICS PVT LTD
| AUM(Cr.) | 1M | 3M | 6M | 1Y | 2Y | 3Y | 4Y | 5Y | Ince. | |
| Performance | ₹15.34 | 2.12 | 2.71 | 0.68 | 2.50 | 0.08 | NA | NA | NA | 6.43 |
| Benchmark | NA | 2.36 | 2.28 | -2.98 | -0.43 | 0.06 | NA | NA | NA | 5.87 |
Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.
Mahesh Gowande
Mahesh Gowande is the Founder, Director, and Chief Investment Officer of Ayan Analytics Pvt Ltd, bringing over 20 years of specialized expertise in capital markets. Recognized widely as an expert in Dow Theory and an "Equity Futurologist," Gowande focuses his research on time-cycle influences and the responsive behavioral mechanics of human market participants. He has pioneered proprietary analytical applications, including the ZodiacAnalyst framework for algorithmic trading systems, and directly steers the quantitative asset-allocation engines backing the PriceBridge product suite to ensure systematic risk control and capital protection.
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The portfolio strictly limits its investible universe to the top 100 listed companies in India by market capitalization. This focus ensures that your capital is exclusively deployed into mature market leaders with high corporate governance records, liquid stocks, and resilient business models.
The fund utilizes a performance-aligned model featuring an operational base fee of 0.32% p.a. and a 14% hurdle rate. This means performance-linked fees are completely zero unless your portfolio returns beat a 14% annualized threshold. Above that hurdle, a 14% profit-sharing fee applies to excess returns.
In absolute compliance with standard regulatory criteria mandated by the Securities and Exchange Board of India (SEBI) for all registered Portfolio Management Services, the minimum entry block stands at ₹50 Lakhs. This can be met via direct fund transfers or an eligible stock portfolio transfer.
This strategy is listed with no exit load parameters (NA), meaning there are no financial penalties or administrative exit fees levied if you choose to redeem your capital early. This gives clients high operational flexibility and clear capital liquidity.
Unlike passive index funds that blindly buy stocks based on size weightings, this strategy manages allocations actively. The fund manager applies quantitative screens and behavioral indicators to spot price mismatches, shifting weightings toward high-alpha stocks while avoiding overvalued giants.