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Nirmal Bang Equity Multi Cap

Nirmal Bang Equity Multi Cap is a Equity Portfolio Management Service launched by Nirmal Bang Securities Private Limited on October 2023. Managed by Manish Ostwal, the fund holds ₹206 Cr in AUM and benchmarks against BSE 500 TRI. Minimum investment is ₹5000000 lakh. Trailing returns: 15.5% (1Y), 20.43% since inception. Performance data as of July 2026.

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Nirmal Bang Equity Multi Cap

Nirmal Bang Securities Private Limited

205.57 CR AUM

Nirmal Bang Equity Multi Cap

Nirmal Bang Equity Multi Cap

Nirmal Bang Securities Private Limited

205.57 CR AUM

BSE 500 TRI
Benchmark
2yr 8mo
Age
EQUITY
Strategy
NIL
Fixed Fees
NIL
Variable Fees
NIL
Exit Load
BSE 500 TRI
Benchmark
2yr 8mo
Age
EQUITY
Strategy
NIL
Fixed Fees
NIL
Variable Fees
NIL
Exit Load
Fund manager

manish ostwal

Fund Manager
EQUITYStrategies

With over 17 years' experience in equity research and fund management in Indian equity market, Mr. Ostwal follows a meticulous process to identify long-term investment opportunities by closely tracking macro-economic trends, industry outlook, business and financial analysis, competitive positioning and proprietary valuation models. His analytical skills and expertise garnered over the years helps in identifying mega trends and thematic investment opportunities. Mr. Ostwal advocates long-term wealth creation through a strong business model, competitive moats, efficient capital allocation by management and high-quality corporate governance standards. Mr. Ostwal is a Chartered Accountant with an independent thinking orientation and a firm believer of long-term investment approach.

With over 17 years' experience in equity research and fund management in Indian equity market, Mr. Ostwal follows a meticulous process to identify long-term investment opportunities by closely tracking macro-economic trends, industry outlook, business and financial analysis, competitive positioning and proprietary valuation models. His analytical skills and expertise garnered over the years helps in identifying mega trends and thematic investment opportunities. Mr. Ostwal advocates long-term wealth creation through a strong business model, competitive moats, efficient capital allocation by management and high-quality corporate governance standards. Mr. Ostwal is a Chartered Accountant with an independent thinking orientation and a firm believer of long-term investment approach.

What is this fund's investment objective?

Nirmal Bang's PMS offering is a pure equity portfolio that will be either fully invested or having a partial cash level at any given point in time, based on a unique investment criteria. An absolute return-generating approach for stock selection with defined risk-adjusted metrics will be followed

How has Nirmal Bang Equity Multi Cap performed?

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1M IA return
6.65%
1M benchmark return
1.73%
Alpha
4.92%
1M Wealth multiple
1.07x

How has this fund performed vs its benchmark?

2026
2026
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Wealth Creation Calculator

1M IA return
6.65%
1M benchmark return
1.73%
Alpha
4.92%
1M Wealth multiple
1.07x

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