Of the 15 PMS funds, 13 of them beat their benchmark BSE 500 index in May. Last month, the S&P BSE 500 index gave 3.5% returns.Some of the prominent names in this list are Carnelian Advisors multi-cap fund, Phillip Capitals small- and midcap fund, Equirus Wealths smallcap fund, and Tulsian PMS largecap fund.