ValPro PMS Review: Value Prolific Alpha A & Balanced B Returns (2026)
ValPro PMS is the portfolio management service of Value Prolific Investments and Consulting Pvt Ltd, a New Delhi-based firm incorporated in 2021. As of 31 August 2026, it reported PMS assets under management of ₹208.82 crore across just 10 clients and two investment approaches: Alpha A and Balanced B.
With an average account size of roughly ₹20 crore, ValPro's client base is highly concentrated among large investors. This review explains the firm's research-led philosophy, its team and the performance of both strategies.
ValPro PMS is the portfolio management service of Value Prolific Investments and Consulting Pvt Ltd, a New Delhi-based firm incorporated in 2021. As of 31 August 2026, it reported PMS assets under management of ₹208.82 crore across just 10 clients and two investment approaches: Alpha A and Balanced B. With an average account size of roughly ₹20 crore, ValPro's client base is highly concentrated among large investors. This review explains the firm's research-led philosophy, its team and the performance of both strategies. Key takeaways ValPro PMS reports assets under management of ₹208.82 crore across 10 clients as of 31 August 2026. Investment approaches: 2. Highest 3-year return in the line-up: Alpha A at 17.96% a year, against 12.1% for the S&P BSE 500 TRI over the same period (to 31 August 2026). Minimum investment ₹50 lakh; reported returns are TWRR, net of fees but before your taxes. Quick Facts: ValPro PMS Portfolio Manager Value Prolific Investments and Consulting Pvt Ltd SEBI Registration No. INP100007189 PMS AUM ₹208.82 crore (as on 31 August 2026) Number of Clients 10 Investment Approaches 2 Key People Anshuman Khanna, Chaitanya Gadia and Neha Khanna (Fund Managers) Registered Office New Delhi Minimum Investment ₹50 lakh (SEBI-mandated minimum for PMS) About ValPro ValPro says it invests on the basis of fundamental analysis and in-house research, aiming to own securities that can outperform peers and have sustainable competitive advantages. It emphasises sound balance sheets, good governance and businesses of sufficient scale to limit the impact of low trading volumes on prices, while also identifying growth sectors. Its permitted investment universe, as described in public disclosures, is broad: listed equity and preference shares, debentures and bonds, mutual fund units, REITs and InvITs, money market instruments, listed derivatives, commodities including gold and silver, and shares of private companies including SMEs and start-ups. Investors should check which of these each strategy actually uses. Three fund managers are listed. Anshuman Khanna has over 20 years of industry experience, including board and senior roles across mining, financial services, oil trading, garments and real estate, and has advised on transactions worth more than USD 2 billion; he is a Chartered Accountant and lawyer, a B.Com (Hons) graduate of Shri Ram College of Commerce, and author of a book on Indian equity markets. Chaitanya Gadia, also a Chartered Accountant and SRCC graduate, has over 15 years of experience in financial markets, real estate and business development, and has attended value investing courses at Columbia University. Neha Khanna, a Chartered Accountant with an MBA from Saïd Business School, University of Oxford, has experience in investment banking and financial advisory with start-ups and SMEs. ValPro PMS Strategies and Performance Strategy Category 1Y 2Y 3Y 5Y Inception Alpha A Multi Cap & Flexi Cap 18.30% 5.90% 17.96% 12.95% Apr 2021 Balanced B Mid & Large Cap 18.36% 5.81% 16.81% 4.40% Jul 2021 S&P BSE 500 TRI (broad-market reference) Index 4.7% -0.1% 12.1% 10.9% — Nifty Smallcap 250 (small-cap reference) Index 11.3% 0.6% 15.5% 15.7% — Returns as of 31 August 2026, TWRR, as reported by the portfolio manager; returns over one year are annualised. Index rows are shown for reference only, as of 31 August 2026 (index figures as published in Sundaram Alternates' August 2026 PMS performance disclosure); each strategy's own SEBI category benchmark may differ, so ask the manager for its benchmark comparison. Alpha A Alpha A, launched in April 2021, is a multi-cap and flexi-cap strategy. As the name suggests, it appears to be the more return-seeking of the two approaches. As of 31 August 2026 it reported 18.30% over one year, 5.90% over two years, 17.96% over three years and 12.95% over five years. Balanced B Balanced B, launched in July 2021, is classified as mid and large cap. Its name suggests a more balanced risk profile. It reported 18.36% over one year, 5.81% over two years and 16.81% over three years, but only 4.40% over five years, which implies that its early period after launch was weak before performance improved. How to Read These Numbers Headline returns on their own say little. Each ValPro strategy should be set against the benchmark for its category, which the portfolio manager discloses in line with SEBI and APMI norms, and against comparable PMS and mutual fund options. The 2-year column broadly captures the 2024-26 correction in Indian equities, particularly in mid and small caps, which is why many equity strategies show muted or negative two-year numbers alongside healthier three- and five-year figures. The figures are Time-Weighted Rates of Return (TWRR) for the strategy as a whole. An individual client's experience depends on when money went in, any additions or withdrawals, and the specific portfolio held, so personal returns can be noticeably higher or lower. PMS returns are reported net of fees and expenses as per SEBI norms, but tax is not deducted: because every trade happens in the investor's own demat account, capital gains tax applies in the investor's hands and reduces post-tax outcomes. Finally, PMS portfolios usually hold a concentrated set of stocks, so dispersion versus the index can be large in both directions. For ValPro, the five-year numbers deserve particular attention. Balanced B's 4.40% over five years, against 16.81% over three years, shows how much the starting period matters. Also, with only 10 clients, the strategy-level TWRR may be driven by a few large accounts. Who ValPro PMS May Suit Large investors who want a closely managed, research-led portfolio with direct access to the fund managers. Investors who value a team with corporate finance, legal and transaction experience. Those comfortable with a younger firm, incorporated in 2021. Investors with a five-year-plus horizon. ValPro PMS may not suit investors who prefer a firm with a large client base and long operating history, or those uncomfortable with a broad permitted investment universe that can include unlisted securities. Fees, Minimum Investment and Taxation The minimum investment in ValPro PMS is ₹50 lakh, the floor mandated by SEBI for all portfolio managers. It can typically be funded in cash or by transferring existing securities, subject to the portfolio manager's acceptance. PMS fee structures in India usually take one of three forms: a fixed annual management fee, a hybrid of a lower fixed fee plus a share of profits, or a performance-linked fee charged above a hurdle rate. The exact fee schedule, exit load and other charges for each ValPro strategy are in the Disclosure Document, which investors should read before signing. Securities are held in the investor's own demat account, so every sale is a taxable event in the investor's hands. For listed equity, short-term capital gains (held up to 12 months) are taxed at 20%, and long-term capital gains are taxed at 12.5% above the annual ₹1.25 lakh exemption. Dividends are taxed at slab rates. For a fuller walk-through, see how PMS onboarding, funding, taxation and exit work (/insights/how-pms-works-onboarding-funding-taxation-exit) . Money n Wealth's View ValPro's recent numbers are strong: both strategies reported more than 18% over one year and positive two-year returns as of 31 August 2026, when many peers were flat or negative. The team has diverse finance, legal and corporate experience. What to watch: the firm is young, with only 10 clients, and Balanced B's 4.40% five-year return shows the record has been uneven. The broad investment mandate, which can include unlisted companies, should be read carefully in the Disclosure Document. Compare with India's largest PMS players by AUM (/insights/pms-players-in-india-aum-vintage) , or visit our PMS distribution desk (/products/pms) for alternatives. Frequently Asked Questions Is ValPro PMS good? ValPro PMS reported more than 18% over one year for both strategies as of 31 August 2026, and Alpha A reported 12.95% over five years. However, the firm was incorporated in 2021, serves only 10 clients, and Balanced B's five-year return is 4.40%. Suitability depends on your goals and comfort with a young boutique. What is the minimum investment in ValPro PMS? The minimum investment is ₹50 lakh, the SEBI-mandated floor for all PMS products. It can usually be funded in cash, by transferring existing securities, or a combination, subject to the portfolio manager's acceptance. Which is the best ValPro PMS strategy? It depends on your objectives. Alpha A, a multi-cap strategy since April 2021, has the longer track record and a higher five-year return (12.95%). Balanced B, a mid and large-cap strategy since July 2021, reported a similar one-year return of 18.36% but a weaker five-year figure. Who manages ValPro PMS? ValPro PMS lists three fund managers: Anshuman Khanna, Chaitanya Gadia and Neha Khanna, all Chartered Accountants with backgrounds in corporate finance, investment banking and markets. Is ValPro PMS registered with SEBI? Yes. Value Prolific Investments and Consulting Pvt Ltd is registered with SEBI as a Portfolio Manager under registration number INP100007189. Investors can verify the registration on the SEBI website before investing. Related Reading Portfolio Management Services (PMS) in India: the complete 2026 guide (/insights/pms-india) How PMS works: onboarding, funding, taxation, reporting and exit (/insights/how-pms-works-onboarding-funding-taxation-exit) PMS vs mutual funds above ₹1 crore (/insights/pms-vs-mutual-funds-1-crore-investors) PMS players in India by AUM and vintage (/insights/pms-players-in-india-aum-vintage) Wright Research PMS Review (/insights/wryght-research-and-capital-pms-review) WhiteOak Capital PMS Review (/insights/white-oak-capital-management-consultants-pms-review) Tata Asset Management PMS Review (/insights/tata-asset-management-pms-review) Axis AMC PMS Review (/insights/axis-asset-management-company-pms-review) All PMS reviews (/insights/category/pms) Sources SEBI: registered portfolio managers (https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=10) Association of Portfolio Managers in India (APMI) (https://www.apmiindia.org) Disclaimer: This article is for general informational and educational purposes only and does not constitute investment advice, a recommendation, or an offer/solicitation to invest in any security or PMS strategy. Portfolio Management Services are subject to market risks; please read the Disclosure Document and Client Agreement carefully before investing. AUM, client and performance figures cited are as reported by Value Prolific Investments and Consulting (ValPro PMS) in public disclosures as of 31 August 2026, are calculated using the Time-Weighted Rate of Return method, are not verified by SEBI, and individual client returns may vary. Past performance is not indicative of future returns. Strategies, fees and figures may change without notice and should not be construed as a recommendation to buy or sell. Money n Wealth (Predics Fintech Services Pvt Ltd) is an AMFI-registered Mutual Fund Distributor (ARN-121995) and APMI-registered PMS Distributor (APRN-07444); this is not a SEBI-registered investment advisory service. Please consult your financial advisor before making investment decisions.
