The fund, managed by Kolkata-based investor Basant Maheshwari had gained 6.72 per cent in December. With 170 investors, Maheshwari managed around Rs 177 crore of assets as of January 31, 2019. Quantum Advisors’ PMS with asset worth Rs 14,193 crore slipped 2.23 per cent. ICICI Prudential Asset Management’s PMS fell 1.63 per cent.Among notable gainers, PMSes run by IDBI Capital Market Services and LIC Mutual Fund Asset Management advanced 8.52 per cent and 8.39 per cent, respectively. Schemes managed by Karvy Capital and SBI Funds Management gained 0.91 per cent and 0.16 per cent, respectively.

Source: Economic Times February 08, 2019 07:52 UTC