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Wright Debt Fund

PMS Portfolio

A unique and highly reliable multi factor investing portfolio strategy that has performed well for 4 + years for our retail investors. The Wright Factor Fund is a top performing actively managed PMS fund.

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Live CAGR

-

Volatility

High Volatility

Rebalancing Frequency

Monthly

Minimum Investment

₹ 50 Lacs

Management Fee

1.5%

₹1 Lac invested for - could have been

Wright Debt Fund -

Debt -

Wright Debt Fund

Debt

Live Performance

As of date: Oct. 31, 2025

Inception date: Sept. 1, 2023

Since inception One month Three months Six months One year Aum in crore
Wright Debt Fund 5.17 -0.57 2.88 3.49 5.27 4.28
COMPOSITEBOND 7.91 0.68 0.85 1.89 7.30 --

Performance Comparison

Investment Objective

The objective of the portfolio is long-term wealth generation at a low risk using tactical allocation to debt mutual funds and ETFS in the market within appropriate risk management. Investment decisions will be taken after rigorous research and due diligence while factoring for risk exposures leading to an appropriate fair value. We believe our investment approach ensures building a portfolio with long term wealth generation prospects within the appropriate risk return parameters.

Disciplined Momentum Based Investment Process

The Wright Debt Fund employs a disciplined, quantitative momentum investment process.

Our investment team uses an academically backed, data-driven approach to identify debt mutual funds with attractive characteristics based on current market scenario. The portfolio is structured to be well-diversified across duration ensuring balance.

We complement this process with half yearly rebalancing, fine-tuning the portfolio composition based on evolving market conditions and investment outlook. Additional adjustments may be made on a periodic basis, in response to significant market events.

Investment Approach

Our investment approach centers around dynamic asset allocation. Recognizing the cyclical nature of the markets, we adjust allocations among debt mutual funds on market conditions and expected returns.

Our disciplined investment approach, coupled with an agile asset allocation strategy, enables us to capitalize on opportunities across different market conditions, reducing risk and enhancing potential returns. We strive for a balance between protecting capital and growing assets, delivering a portfolio that can weather market volatility and thrive in favorable conditions.

Why Should You Invest?

Investing in the Wright Debt Fund provides several key advantages:

  1. Dynamic Asset Allocation and Active Management: Our investment team actively adjusts portfolio allocations based on market conditions, effectively managing risk while taking advantage of growth opportunities. The fund is regularly rebalanced to keep in line with the prevailing investment outlook, ensuring the portfolio stays optimized for growth and risk management.
  2. Strong Track Record: The Wright Debt Fund (in it's advisory avatar) has a history of consistent outperformance, delivering robust returns in a variety of market conditions. Our combination of a disciplined multi-factor investment process and active management has proven effective in navigating different market cycles.
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Value

Undervalued stocks with strong fundamentals

Quality

Companies with strong business metrics

Momentum

Stocks with strong price trends

Growth

Fast-growing companies

Size

A layer for stability and enhanced risk-adjusted return

Earning Momentum

Companies with accelerating earnings growth

Why You Should Invest

Scientific, Factor-Based Investing

A scientific, evidence-based method proven to deliver superior returns by systematically exploiting market inefficiencies and capitalizing on proven sources of returns.

Dynamic Asset Allocation and Active Management

Our team actively adjusts portfolio allocations based on market conditions, managing risk while capturing growth opportunities through regular rebalancing.

Strong Track Record

The Wright Factor Fund has a history of consistent outperformance, delivering robust returns across various market conditions through disciplined multi-factor investing.

Top Sector Exposures

Sectors Exposures
Sector Allocation Dynamic

Key Metrics

As of date: Oct. 31, 2025

Benchmark: Debt

Metrics Exposures
Number of Debt Funds 8

Meet the fund manager

Sonam Srivastava

Founder & Portfolio Manager

13 years of experience
4 years of advisory experience at Wright
Portfolio Management & Algorithmic Trading at HSBC, Edelweiss

Education

Masters in Financial Engineering, Worldquant University
Bachelor of Technology, IIT Kanpur

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Fee Details

Flat fee

1.5 %

Performance Based

15 % (over high watermark)

Minimum Investment

50 Lacs

Entry and Exit Load

0

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FAQs

A Portfolio Management Service (PMS) is a professional service where investment portfolios are managed by a portfolio manager on behalf of a client. The portfolio manager makes all investment decisions, such as strategy selection, asset allocation, and security selection, based on the client's investment goals, risk tolerance, and other relevant factors.

There are three types of portfolio management services:

  • Discretionary: Investors don't have to make any financial decisions. All financial decisions and actions are taken by the portfolio manager.
  • Non-discretionary: The portfolio manager suggests possible courses of action and works according to the directions given by the client.
  • Advisory: Portfolio managers advise investors and help them make informed investment decisions. The investor executes the trade.

In India, Portfolio Management Services (PMS) are typically offered to high net worth individuals, corporate bodies, institutional investors, and non-resident Indians (NRIs) due to the high minimum investment requirement.

The Securities and Exchange Board of India (SEBI), the regulatory body for securities markets in India, has set the minimum investment limit for PMS at INR 50 lakhs.

Here are the steps after you have chosen to invest in the Wright PMS. Please note that our expert onboarding will coordinate and help you in finishing these steps with minimum hassle.

  • KYC Completion: Complete your Know Your Customer (KYC) formalities, which will involve providing proof of identity and address.
  • Agreement Signing: You'll need to sign an agreement with your chosen PMS provider detailing the terms and conditions, including the fee structure, investment strategy, and any other relevant factors.
  • Opening a Demat Account: You'll need to open a separate demat account specifically for your PMS investments. This account is needed as, by regulation, your securities can only be held in your account, not by the portfolio manager.
  • Signing a Power-of-Attorney (POA) Agreement: A POA agreement will give your PMS fund manager the ability to buy and sell stocks on your behalf.
  • Funding Your Investment: Finally, you'll need to fund your investment. The minimum investment for PMS in India is Rs. 50 lakh, as mandated by the SEBI.
  • Regularly Monitoring Your Investment: After investing, you'll need to regularly monitor your portfolio's performance and communicate with your portfolio manager as necessary.
The PMS industry in India is slowly moving towards digital processes for account opening, though physical signatures on large forms are still required for now. It's important to remember that while the process might seem complex, each step is designed to protect your investments and ensure transparency.

Portfolio Management Services (PMS) offer several potential benefits, especially for high net worth individuals (HNIs) who can meet the minimum investment requirements. Here are some key benefits:

  1. Customized Investment Solutions: Unlike mutual funds, which follow a one-size-fits-all approach, PMS can be tailored to the individual needs and risk tolerance of each investor. Portfolio managers can customize the portfolio based on the investor's objectives, financial situation, and specific preferences.
  2. Active Management: PMS accounts are actively managed by professional portfolio managers who have the knowledge and experience to make informed investment decisions. This could potentially lead to better returns compared to passive investment strategies.
  3. Direct Ownership: With PMS, investors directly own the securities in their portfolios. This is different from mutual funds, where investors own units of the fund but not the underlying securities.
  4. Transparency: PMS offers a high level of transparency. Investors receive regular reports that detail the performance of their portfolio, the specific securities held, and any changes made to the portfolio.
  5. Access to Exclusive Opportunities: Since PMS caters to HNIs, it often provides access to investment opportunities that may not be available to average retail investors, including pre-IPO shares, private equity, and international markets.
  6. Dedicated Portfolio Manager: PMS clients often have direct access to their portfolio manager, allowing them to discuss their portfolio, understand investment decisions, and get personalized advice.
  7. Tax Efficiency: In PMS, each buy and sell transaction is specific to an investor, providing the potential for more tax-efficient management of capital gains.

The tax liability of a PMS investor would remain the same as if the investor is accessing the capital market directly. However, the investor should consult his tax advisor for the same. The Portfolio Manager ideally provides audited statement of accounts at the end of the financial year to aid the investor in assessing his/ her tax liabilities.

All About

Portfolio Management

What is Wright Debt Fund PMS?

Wright Debt Fund PMS (Portfolio Management Services) offers a unique opportunity for investors interested in fixed income investing through direct investment in debt instruments. This specialized debt fund PMS focuses on capital preservation while optimizing market risks to generate income and capital gains. Employing an active debt investment strategy, Wright Debt Fund PMS seeks to deliver attractive long-term returns and regular cash flows, making it a prime choice for those pursuing fixed income investing through a professional and strategic approach.

How Does Wright Debt Fund PMS Work?

Wright Debt Fund PMS utilizes a discretionary approach to safe debt mutual funds & ETFs. This debt fund PMS targets a range of mutual funds with fixed income securities rated from AAA to A-, applying an active debt investment strategy. The management team, experts in fixed income investing, leverages their understanding of interest rate cycles and thorough issuer due diligence. The active debt investment strategy is crucial in managing the blend of investments, which includes not only traditional bonds but also hybrids like REITs and INVITs, ensuring effective capital preservation and risk management.

Investor Benefits in Wright Debt Fund PMS

The best debt PMS india offers several compelling benefits for investors, making it an attractive option for those seeking stable and reliable returns in the realm of fixed income investing:

Professionally Managed Portfolio: 

A hallmark of this debt fund PMS is its professionally managed portfolio focusing on bond investing, specializing in fixed income markets, managed by seasoned professionals who ensure capital preservation while striving to maximize returns. The fund’s management team uses sophisticated risk modelling and AI-enhanced tools to analyze market conditions and adjust the portfolio strategically.

Regular Income Streams: 

Wright Debt Fund PMS offers regular payouts, aligning with the needs of investors looking for consistent returns through bond investing. This debt PMS is designed to provide regular income PMS, distributing realized interest periodically (typically semi-annually or annually). This feature makes it an excellent choice for investors looking for consistent cash flow to support their income needs or financial plans.

Risk-Adjusted Returns: 

Wright Debt Fund PMS focuses on delivering risk-adjusted returns debt investments through meticulously selected debt investments. By prioritizing investments in safe debt mutual funds & ETFs within the credit spectrum of AAA to A-, the fund aims to provide returns that compensate appropriately for the risks undertaken.

Tax Efficiency: 

With audited statements provided annually, this FIPMS optimizes the tax impact on both interest income and capital gains, enhancing the overall efficiency of fixed income investing.

Online Portfolio Access: 

Investors can monitor their investments in this FIPMS through an online platform, providing transparency and control over their fixed income assets. They also gain insights into the Wright Debt PMS performance and make informed decisions based on comprehensive data and analyses provided by the management team.

Personalized Service: 

Each investor in Wright Debt Fund PMS benefits from the dedicated attention of a relationship manager, ensuring personalized service tailored to individual investment goals and needs.

Strategic Flexibility: 

The active debt investment strategy allows for dynamic adjustments to the portfolio in response to financial market changes, ensuring capital preservation and opportunity maximization in fixed income investing. 


By focusing on bond investing, capital preservation, and an active debt investment strategy, Wright Debt Fund PMS stands out as a sophisticated choice for investors aiming to surpass traditional fixed income returns offered by bank FDs and other debt mutual funds.

Wright Debt Fund PMS Risk Management Strategy

The risk management strategy of FIPMS is meticulously designed to mitigate credit, liquidity, and market risks, ensuring effective capital preservation in a volatile investment landscape. This debt PMS in India employs several key practices to manage risks:

Diversification: 

FIPMS diversifies its investments across various debt instruments, including NCDs, MLDs, CPs, and select structured corporate credits. The fund diversifies its holdings across different sectors and debt instruments, reducing the impact of any single investment’s performance on the overall portfolio.

Credit Assessment: 

The fund implements rigorous credit evaluations, primarily focusing on issuers with good fundamentals and proven track records. Strict credit assessments are conducted before any investment is made, focusing on issuers with strong fundamentals and lower likelihood of default. This active debt investment strategy helps in selecting high-yield opportunities while managing the credit risks associated with lower-rated instruments. 

Liquidity Management: 

Maintaining a portfolio with low duration and structured amortization schedules ensures regular liquidity. This is crucial for managing liquidity risk, enabling the fund to meet payout obligations without impacting the portfolio's performance. Our regular income pms maintains a portion of the portfolio in more liquid investments, which allows for flexibility and the ability to respond to market opportunities or investor redemptions without significant impact on portfolio stability.

Regular Monitoring: 

Continuous monitoring of the investments and market conditions allows the fund to respond swiftly to any potential risks. This includes reassessing the creditworthiness of issuers and adjusting the portfolio strategy based on emerging economic and market developments.

Use of Benchmarks: 

Benchmarking against the CRISIL Composite Credit Risk Index helps in measuring the Wright Debt PMS performance against a recognized standard, ensuring that the fund's risk-adjusted returns align with market expectations.

AI-Enhanced Forecasting and Analysis: 

Leveraging artificial intelligence, the fund enhances its risk assessment capabilities, enabling more accurate predictions of market movements and quicker adaptation to changing market regimes.


These strategies collectively help in sustaining the fund’s objective of regular income PMS, making it a viable option for investors looking for passive income PMS with a focus on safety and consistent returns.

Exploring the Fundamentals of Wright Debt Fund PMS

Our regular income PMS is crafted to provide investors with a stable and secure investment avenue within the fixed income domain, focusing on capital preservation and regular income generation. Here are the core fundamentals that define this debt PMS in India:

Investment Philosophy: 

The fund adopts a clear and flexible investment philosophy that emphasizes capital preservation while seeking to maximize returns through active management strategies. This involves identifying high-yield debt opportunities and timely execution of investment decisions.

Investment Strategy: 

Wright Passive Income PMS follows a dynamic approach by investing in a mix of traditional and alternative debt instruments, along with opportunities in hybrids like INVITs and REITs. This strategy not only aims at regular income generation but also at enhancing the overall returns through exposure to varying credit, duration, and liquidity risks.

Performance Monitoring: 

An online platform enables investors to track the debt PMS performance real-time, fostering transparency and allowing investors to see the tangible results of their investments.

Professional Management: 

The fund is managed by experienced professionals from Wright Gold, who bring extensive expertise in bond investing and fixed income strategies. Their knowledge is pivotal in driving the performance of the fund amidst changing economic cycles.

Service and Support: 

Investors in Wright Regular Income PMS benefit from dedicated relationship management, providing personalized service to address individual investment needs and concerns. This aspect is particularly crucial for ensuring investor satisfaction and fostering long-term relationships.


The combination of these fundamentals makes Wright Passive Income PMS a compelling choice for investors aiming for passive income PMS in the realm of fixed income investing. With a structured approach to risk management and a robust operational framework, Wright Debt Fund PMS stands out as a reliable and efficient vehicle for achieving diverse financial goals.

Identifying the Right Investors for Wright Debt Fund PMS

Wright Debt Fund PMS is tailored for investors seeking a low-risk PMS investment option that provides stability and regular cash flow. This debt PMS is especially suited for:

Conservative Investors: 

Those who prioritize capital preservation over high returns and are inclined towards receiving steady income over time. Such investors often prefer low-risk PMS investment avenues that offer predictable outcomes and minimized volatility.

Retirement Planning: 

Individuals planning for retirement who require a regular income stream to replace their salary. Wright Passive Income PMS serves this need by distributing realized interest payments, making it an ideal debt PMS for regular cash flow.

Tax-conscious Investors: 

Those looking for efficient ways to manage their tax liabilities would find this PMS appealing due to its structure that facilitates optimized capital allocation in debt investments. The fund provides audited statements to aid in precise tax filings.

Investors with a Long-term Horizon: 

The PMS is designed to yield risk-adjusted returns debt investments, making it suitable for investors who have a long-term investment timeline and are looking for consistent performance with less exposure to the fluctuations of the equity market.

High Net-worth Individuals (HNIs): 

Given the minimum investment requirement of ₹50 lakhs, the fund is targeted towards HNIs who can allocate a significant portion of their portfolio to fixed income instruments, benefiting from both the regular payouts and the optimized capital allocation in debt.

How to Analyze in Wright Debt Fund PMS Decision-Making

Analyzing whether you have the best debt pms india - this fits an investment portfolio involves several critical considerations to ensure that it aligns with individual investment strategies and goals:

Risk Assessment: 

Investors should evaluate their own risk tolerance against the low-risk PMS investment profile of Wright Debt Fund PMS. This includes reviewing the fund’s credit risk, liquidity risk, and interest rate risk management strategies.

Return Expectations: 

Understanding the risk-adjusted returns debt investments offered by the PMS is crucial. Investors should compare these returns against other fixed income and debt investment opportunities to assess the relative performance.

Cash Flow Needs: 

For those requiring regular income, determining the frequency and reliability of payout from this debt PMS for regular cash flow is essential. Analyzing past payout records and the fund’s income-generating assets can offer insights into future performance.

Capital Allocation: 

Assessing how the PMS aligns with overall portfolio diversification and capital allocation strategies is important. The fund’s focus on optimized capital allocation in debt should complement an investor's broader financial strategy, particularly in balancing growth assets and fixed income.

Fund Management: 

Evaluating the expertise and track record of the fund management team at Wright Gold will provide confidence in their ability to manage and operate the fund successfully.

How to Identify if Wright Debt Fund PMS Aligns with Your Financial Goals

To determine if the best debt pms india is congruent with your financial objectives, consider the following steps:

Financial Goal Alignment: 

Match the fund’s objectives with your financial goals. If your primary goals are capital preservation, receiving steady income, and maintaining a low-risk investment profile, this PMS may align well with your needs.

Income Requirements: 

If regular income is a necessity, assess the debt PMS for regular cash flow to ensure it meets your cash flow needs. This involves looking at the frequency and amount of income distributions from the fund.

Investment Horizon: 

Ensure that your investment horizon matches the tenure recommended by the PMS. Wright Debt Fund PMS often targets a longer-term horizon, suitable for those who do not require immediate liquidity.

Risk Tolerance: 

Review the fund’s risk management strategies to ensure they are in line with your personal risk tolerance. A fund that emphasizes low-risk PMS investment and optimized capital allocation in debt is suitable for risk-averse investors.

Comparative Analysis:

Compare this PMS with other investment options considering risk-adjusted returns debt investments, fees, and performance under various market conditions to fully understand its potential role in your investment portfolio.


By thoroughly analyzing these aspects, investors can make an informed decision about incorporating Wright Debt Fund PMS into their investment strategies, ensuring that the fund’s characteristics and performance objectives are in perfect harmony with their financial goals and risk preferences.

FAQs

How are Portfolio Management Services different from mutual funds?

Portfolio Management Services differ from mutual funds in several key aspects. Firstly, PMS offers personalized investment strategies tailored to the specific needs and risk profiles of individual clients, whereas mutual funds provide a one-size-fits-all solution managed to a specific fund mandate. Secondly, in a PMS, investments are held in the client’s name, offering greater transparency and control over the portfolio, unlike mutual funds where assets are pooled from various investors. Lastly, PMS often requires a higher minimum investment compared to mutual funds, targeting more affluent investors who seek bespoke investment services.

How to Open a Debt Fund PMS Account as an Investor in India?

Opening a Debt Fund PMS account in India involves selecting a SEBI-registered portfolio manager, who will guide you through the process. Typically, this process includes completing a detailed investor profile form to assess your investment goals and risk tolerance. You'll also need to provide KYC documents and set up a separate bank and Demat account under your name. These accounts are used exclusively for your Debt Fund PMS transactions, ensuring that all investments and returns are directly linked to you, the investor.

Who Should Invest in Debt Fund PMS?

Debt Fund PMS is ideally suited for high-net-worth individuals who seek customized investment solutions, direct ownership of securities, and more personal involvement in the management of their assets. Investors who are capable of committing larger sums of money and have a higher risk tolerance may find Debt Fund PMS attractive due to its potential for higher returns and its ability to tailor portfolios to specific tax considerations, financial goals, and investment preferences.

What is the difference between a discretionary PMS & a non-discretionary PMS?

In a discretionary PMS, the portfolio manager has the authority to make investment decisions on behalf of the client without needing to seek approval for each transaction, allowing for swift, strategic decision-making. In contrast, a non-discretionary PMS requires the manager to obtain the client's approval before executing any trades. This offers the client greater control over their investment choices but may limit the responsiveness of the portfolio to market changes. Wright Gold Debt Fund PMS is a discretionary PMS.

How do I invest in a Debt PMS? Is a demat account compulsory to invest in Debt PMS?

Investing in a Debt PMS typically starts with choosing a portfolio manager registered under SEBI and agreeing to the terms of service, which include investment goals, strategies, and the fee structure. Yes, a Demat account is compulsory for investing in Debt PMS as it is used to hold the securities (safe debt mutual funds & ETFs) in electronic form. The investor needs to ensure their KYC details are updated and may also need to provide a power of attorney to the portfolio manager for operating the account.

Can I sell my Debt PMS investment at anytime?

Yes, investors in Wright Gold Debt PMS can typically sell their investments at any time. However, it's important to consider any potential exit charges and the terms of the agreement with the portfolio manager. Also, since PMS strategies are generally designed for the long term, it's beneficial to align your investment horizon with the strategy's objectives for optimal results.

What are the risks involved in investing in Debt Fund PMS?

Investing in regular income pms involves risks similar to investing in the stock market, including market risk, liquidity risk, concentration risk and sector-specific risks. Passive income pms is a 10 stock portfolio, and while we allow for thematic or sectoral investment, they still require careful consideration of how each theme or sector performs under current market conditions.

Where can I get more information on Wright Gold Portfolio Management Services?

For more detailed information on Wright Gold Portfolio Management Services, prospective clients should visit the official Wright Gold PMS website or contact their customer service directly. They can also consult financial advisors who can provide insights and assist in understanding how these services align with individual investment strategies and goals

What is the capital gains tax on Debt Fund Portfolio Management Services?

Capital gains tax on Debt Fund Portfolio Management Services (PMS) is levied on the profits made from the investments and is determined based on the holding period of the assets. Short-term capital gains tax applies if assets are held for less than a year, while long-term capital gains tax applies for assets held longer. The tax rates depend on the specific asset class.

How are Debt Fund Portfolio Management Service returns calculated?

Returns from Debt Fund Portfolio Management Services are calculated using the Time-Weighted Rate of Return (TWRR) method. This method helps in evaluating the portfolio manager's performance by measuring the portfolio returns over time, irrespective of any external inflows or outflows of funds. This calculation provides a fair assessment of the investment's performance by isolating the manager's activity from the investor's contribution behavior.