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PMS Tracker: Funds slump up to 10% in August; Valcreate, Ambit drag most while select portfolios advance
August proved volatile for PMS funds, with several small and midcap strategies logging steep losses—Valcreate’s Lifesciences fund plunged 10.19%. Yet, a few portfolios like Wallfort’s Avenue Fund and Valcreate’s Digital Disruption strategy posted modest gains, highlighting sharp performance divergence.
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