Shareholder Report |
12 Months Ended | ||||||||||||||||||||||||
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Apr. 30, 2025
USD ($)
$ / shares
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Shareholder Report [Line Items] | |||||||||||||||||||||||||
Document Type | N-CSR | ||||||||||||||||||||||||
Amendment Flag | false | ||||||||||||||||||||||||
Registrant Name | Managed Portfolio Series | ||||||||||||||||||||||||
Entity Central Index Key | 0001511699 | ||||||||||||||||||||||||
Entity Investment Company Type | N-1A | ||||||||||||||||||||||||
Document Period End Date | Apr. 30, 2025 | ||||||||||||||||||||||||
Institutional Class | |||||||||||||||||||||||||
Shareholder Report [Line Items] | |||||||||||||||||||||||||
Fund Name | Nuance Mid Cap Value Fund | ||||||||||||||||||||||||
Class Name | Institutional Class | ||||||||||||||||||||||||
Trading Symbol | NMVLX | ||||||||||||||||||||||||
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Nuance Mid Cap Value Fund for the period of May 1, 2024, to April 30, 2025. | ||||||||||||||||||||||||
Shareholder Report Annual or Semi-Annual | annual shareholder report | ||||||||||||||||||||||||
Additional Information [Text Block] | You can find additional information about the Fund at https://nuanceinvestments.com/mid-cap-value-fund/. You can also request this information by contacting us at 1-855-682-6233. | ||||||||||||||||||||||||
Additional Information Phone Number | 1-855-682-6233 | ||||||||||||||||||||||||
Additional Information Website | https://nuanceinvestments.com/mid-cap-value-fund/ | ||||||||||||||||||||||||
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment)
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Expenses Paid, Amount | $ 92 | ||||||||||||||||||||||||
Expense Ratio, Percent | 0.92% | ||||||||||||||||||||||||
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? As we head into our 17th year here as a firm at Nuance Investments, it makes me reflect on just how much I enjoy the competition that embodies our work each day. Competing against the market, benchmarks, and peers has been my work world now since the mid 1990’s. While there have been many outstanding and frustrating years, the fiscal year was one of the more disappointing as we believe the market seemingly ignores valuation multiples as a primary reason for downside support. To be clear, this is our opinion of the market and not a fact. The fund trailed its primary benchmark, the Russell Midcap® Value Index, in this annual period primarily due to some of our largest holdings having tough quarters. We do believe this can lead to opportunities and is reflected in the make up of the portfolio. The largest overweight positions, relative to the benchmark, remain the Consumer Staples, Health Care, and Utilities sectors. Within the Health Care sector, we are invested across multiple sub-industries including Life Sciences Tools & Services, Health Care Supplies, and Health Care Distributors. Within the Consumer Staples sector, our primary exposure remains in the Household Products and Personal Care Products industries. We also have exposure within the Foods Products industry. We remain overweight in the Utilities sector, and our positioning there is primarily within the Water Utilities industry. We favor the competitive position of water utilities to natural gas and most electric utilities. While the Industrials and Financials sectors makes up a meaningful part of the portfolio, we are underweight the benchmark. While we have small exposure in the Information Technology, Real Estate, Materials, and Consumer Discretionary sectors, we continue to be underweight those sectors relative to the benchmark. We remain underweight the Energy sector. Lastly, we remain underweight the Communication Services sector primarily due to competitive uncertainty and valuation concerns.
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Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. | ||||||||||||||||||||||||
Line Graph [Table Text Block] | ![]() |
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Average Annual Return [Table Text Block] | ANNUAL AVERAGE TOTAL RETURN (%)
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No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. | ||||||||||||||||||||||||
Updated Performance Information Location [Text Block] | Visit https://nuanceinvestments.com/mid-cap-value-fund/ for more recent performance information. Visit https://nuanceinvestments.com/mid-cap-value-fund/ for more recent performance information.
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Net Assets | $ 540,286,596 | ||||||||||||||||||||||||
Holdings Count | $ / shares | 57 | ||||||||||||||||||||||||
Advisory Fees Paid, Amount | $ 11,258,109 | ||||||||||||||||||||||||
Investment Company Portfolio Turnover | 74.00% | ||||||||||||||||||||||||
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of April 30, 2025)
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Holdings [Text Block] |
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Updated Prospectus Web Address | https://nuanceinvestments.com/mid-cap-value-fund/ | ||||||||||||||||||||||||
Investor Class | |||||||||||||||||||||||||
Shareholder Report [Line Items] | |||||||||||||||||||||||||
Fund Name | Nuance Mid Cap Value Fund | ||||||||||||||||||||||||
Class Name | Investor Class | ||||||||||||||||||||||||
Trading Symbol | NMAVX | ||||||||||||||||||||||||
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Nuance Mid Cap Value Fund for the period of May 1, 2024, to April 30, 2025. | ||||||||||||||||||||||||
Shareholder Report Annual or Semi-Annual | annual shareholder report | ||||||||||||||||||||||||
Additional Information [Text Block] | You can find additional information about the Fund at https://nuanceinvestments.com/mid-cap-value-fund/. You can also request this information by contacting us at 1-855-682-6233. | ||||||||||||||||||||||||
Additional Information Phone Number | 1-855-682-6233 | ||||||||||||||||||||||||
Additional Information Website | https://nuanceinvestments.com/mid-cap-value-fund/ | ||||||||||||||||||||||||
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment)
|
||||||||||||||||||||||||
Expenses Paid, Amount | $ 118 | ||||||||||||||||||||||||
Expense Ratio, Percent | 1.18% | ||||||||||||||||||||||||
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? As we head into our 17th year here as a firm at Nuance Investments, it makes me reflect on just how much I enjoy the competition that embodies our work each day. Competing against the market, benchmarks, and peers has been my work world now since the mid 1990’s. While there have been many outstanding and frustrating years, the fiscal year was one of the more disappointing as we believe the market seemingly ignores valuation multiples as a primary reason for downside support. To be clear, this is our opinion of the market and not a fact. The fund trailed its primary benchmark, the Russell Midcap® Value Index, in this annual period primarily due to some of our largest holdings having tough quarters. We do believe this can lead to opportunities and is reflected in the make up of the portfolio. The largest overweight positions, relative to the benchmark, remain the Consumer Staples, Health Care, and Utilities sectors. Within the Health Care sector, we are invested across multiple sub-industries including Life Sciences Tools & Services, Health Care Supplies, and Health Care Distributors. Within the Consumer Staples sector, our primary exposure remains in the Household Products and Personal Care Products industries. We also have exposure within the Foods Products industry. We remain overweight in the Utilities sector, and our positioning there is primarily within the Water Utilities industry. We favor the competitive position of water utilities to natural gas and most electric utilities. While the Industrials and Financials sectors makes up a meaningful part of the portfolio, we are underweight the benchmark. While we have small exposure in the Information Technology, Real Estate, Materials, and Consumer Discretionary sectors, we continue to be underweight those sectors relative to the benchmark. We remain underweight the Energy sector. Lastly, we remain underweight the Communication Services sector primarily due to competitive uncertainty and valuation concerns.
|
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Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. | ||||||||||||||||||||||||
Line Graph [Table Text Block] | ![]() |
||||||||||||||||||||||||
Average Annual Return [Table Text Block] | ANNUAL AVERAGE TOTAL RETURN (%)
|
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No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. | ||||||||||||||||||||||||
Updated Performance Information Location [Text Block] | Visit https://nuanceinvestments.com/mid-cap-value-fund/ for more recent performance information. Visit https://nuanceinvestments.com/mid-cap-value-fund/ for more recent performance information.
|
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Net Assets | $ 540,286,596 | ||||||||||||||||||||||||
Holdings Count | $ / shares | 57 | ||||||||||||||||||||||||
Advisory Fees Paid, Amount | $ 11,258,109 | ||||||||||||||||||||||||
Investment Company Portfolio Turnover | 74.00% | ||||||||||||||||||||||||
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of April 30, 2025)
|
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Holdings [Text Block] |
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Updated Prospectus Web Address | https://nuanceinvestments.com/mid-cap-value-fund/ | ||||||||||||||||||||||||
Z Class | |||||||||||||||||||||||||
Shareholder Report [Line Items] | |||||||||||||||||||||||||
Fund Name | Nuance Mid Cap Value Fund | ||||||||||||||||||||||||
Class Name | Z Class | ||||||||||||||||||||||||
Trading Symbol | NMVZX | ||||||||||||||||||||||||
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Nuance Mid Cap Value Fund for the period of May 1, 2024, to April 30, 2025. | ||||||||||||||||||||||||
Shareholder Report Annual or Semi-Annual | annual shareholder report | ||||||||||||||||||||||||
Additional Information [Text Block] | You can find additional information about the Fund at https://nuanceinvestments.com/mid-cap-value-fund/. You can also request this information by contacting us at 1-855-682-6233. | ||||||||||||||||||||||||
Additional Information Phone Number | 1-855-682-6233 | ||||||||||||||||||||||||
Additional Information Website | https://nuanceinvestments.com/mid-cap-value-fund/ | ||||||||||||||||||||||||
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment)
|
||||||||||||||||||||||||
Expenses Paid, Amount | $ 78 | ||||||||||||||||||||||||
Expense Ratio, Percent | 0.78% | ||||||||||||||||||||||||
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? As we head into our 17th year here as a firm at Nuance Investments, it makes me reflect on just how much I enjoy the competition that embodies our work each day. Competing against the market, benchmarks, and peers has been my work world now since the mid 1990’s. While there have been many outstanding and frustrating years, the fiscal year was one of the more disappointing as we believe the market seemingly ignores valuation multiples as a primary reason for downside support. To be clear, this is our opinion of the market and not a fact. The fund trailed its primary benchmark, the Russell Midcap® Value Index, in this annual period primarily due to some of our largest holdings having tough quarters. We do believe this can lead to opportunities and is reflected in the make up of the portfolio. The largest overweight positions, relative to the benchmark, remain the Consumer Staples, Health Care, and Utilities sectors. Within the Health Care sector, we are invested across multiple sub-industries including Life Sciences Tools & Services, Health Care Supplies, and Health Care Distributors. Within the Consumer Staples sector, our primary exposure remains in the Household Products and Personal Care Products industries. We also have exposure within the Foods Products industry. We remain overweight in the Utilities sector, and our positioning there is primarily within the Water Utilities industry. We favor the competitive position of water utilities to natural gas and most electric utilities. While the Industrials and Financials sectors makes up a meaningful part of the portfolio, we are underweight the benchmark. While we have small exposure in the Information Technology, Real Estate, Materials, and Consumer Discretionary sectors, we continue to be underweight those sectors relative to the benchmark. We remain underweight the Energy sector. Lastly, we remain underweight the Communication Services sector primarily due to competitive uncertainty and valuation concerns.
|
||||||||||||||||||||||||
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of how the Fund will perform in the future. | ||||||||||||||||||||||||
Line Graph [Table Text Block] | ![]() |
||||||||||||||||||||||||
Average Annual Return [Table Text Block] | ANNUAL AVERAGE TOTAL RETURN (%)
|
||||||||||||||||||||||||
No Deduction of Taxes [Text Block] | The graph and table do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. | ||||||||||||||||||||||||
Updated Performance Information Location [Text Block] | Visit https://nuanceinvestments.com/mid-cap-value-fund/ for more recent performance information. Visit https://nuanceinvestments.com/mid-cap-value-fund/ for more recent performance information.
|
||||||||||||||||||||||||
Net Assets | $ 540,286,596 | ||||||||||||||||||||||||
Holdings Count | $ / shares | 57 | ||||||||||||||||||||||||
Advisory Fees Paid, Amount | $ 11,258,109 | ||||||||||||||||||||||||
Investment Company Portfolio Turnover | 74.00% | ||||||||||||||||||||||||
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of April 30, 2025)
|
||||||||||||||||||||||||
Holdings [Text Block] |
![]() |
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Updated Prospectus Web Address | https://nuanceinvestments.com/mid-cap-value-fund/ |