Blogs | India’s No.1 Portfolio Management Services Portal

14 Jan 2021

PMS strategies won big in 2020; investors see 60% wealth jump

1-year data for over 180 funds shows a majority beating broad market index Nifty which was up 14.90%

11 Jan 2021

Smallcap, Multicap PMSes Top Dec-20 Charts; 1 out of 4 Beat Nifty

PMSBazaar has compiled data for the largest number of PMS schemes numbering over 190 across more than 90 portfolio managers

29 Nov 2020

'Markets are not cheap, but they are not expensive either'

The September quarter (2QFY21) corporate earnings season was a blockbuster one, with big beats and upgrades. Markets have run up too, thanks to a tsunami of money being pumped in. Foreign investors have put more than Rs 50,000 crore in November alone, taking the yearly total over Rs 1 lakh crore. The situation today is dramatically different compared to March-April when Covid-19 fear had gripped everyone, including markets that crashed. PMS Bazaar hosted Mitul Patel, Senior Vice President | Fund Manager – Portfolio Management Services, IIFL AMC in an exclusive webinar to discuss the way forward. Patel is in charge of IIFL Multicap PMS Strategy, which is among the best-performing this year. Here are the important takeaways.

22 Oct 2020

Losing less is winning more

A saint was a sinner too. True knowledge can only be gained when people make mistakes. Of course, it matters a lot whether or not we learn from our follies. Meet Rohan Mehta, one of the youngest PMS fund managers in the billion-dollar industry, who openly admits the wrongs he did in the early part of his investing journey, and then smartly used those precious realizations to create investment systems that today manage crores of money. It is almost poetic justice.

17 Oct 2020

PMSes rebound from March lows in style, top strategies clock 80 - 95% gain

Covid-19 induced selling had given a once-in-decade opportunity for patient investors

09 Oct 2020

77% PMSes beat Nifty in September; top strategies clock 6-14% gain

Midcap and smallcap categories among best performers across equity segment; the six-month performance shows smallcaps capturing the biggest upside as markets rebounded from March lows

28 Sep 2020

Why Multi Asset Strategy Is The Best Way To Navigate Markets

Investing legend Warren Buffett has always warned against putting all your eggs in one basket. But, thousands and lakhs of investors over the years have repeated this terrible mistake. What happens when all your eggs are in one basket? Returns become one big financial omelette!

23 Sep 2020

3 Investing Themes That Work for Investors Eyeing 2025

The dream to hit a $5-trillion Indian economy is still alive. It was expected to happen in 2025, but then Covid-19 came and ravaged the path. But, green shoots are beginning to appear even though the number of sceptics questioning a quick recovery is also rising by the day. For long-term investors, these are trying times. Things appear at the cross-roads. Noise levels have risen sharply. At these times, it pays to remain focused and fixed on your investment goal. Those who can keep their eye on the big picture will win hands down. Those who adjust at the slightest discomfort will remain unhappy. In an exclusive webinar with PMS Bazaar, Madanagopal Ramu, Fund manager - Equity, Sundaram Alternates talks about 3 long term investing themes. Read on to know more...

16 Sep 2020

In any 5-year period max wealth is created when a smallcap becomes midcap, and midcap becomes largecap

After lying low for quite sometime, midcaps are back with a bang. In just the last 3 months, the S&P BSE Midcap index is up 20%, out-performing even the Sensex. But, midcap investing is not about 3 months or 12 months. One needs to give due time to midcaps to flourish. If one can give 5 years, there is a 50% chance that a midcap company can emerge into a largecap corporation, and grow your wealth in a big way, says Rakesh Tarway, Portfolio Manager, Motilal Oswal AMC in an exclusive PMS Bazaar webinar. In an insightful session spread over one hour, Tarway, who has 17 years of experience in equity markets as analyst and head of research, shares investing lessons about midcaps and discusses the Motilal Oswal Focused Midcap PMS strategy. Read on to know more.

10 Sep 2020

PMSes, led by smallcap, hit it out of the park in August upto 25% gain; majority beat Nifty in 1-yr

Consistent performance helps portfolio managers out-perform markets across various time periods, underlining the utility of PMS in a wealth portfolio

08 Sep 2020

Promoters have a hundred reasons to sell but have one major reason to buy

One of the major differences between developed markets and India is the way management and owner(s) operate. In countries like the US and Europe, the ultimate owner/promoter of a listed company and executive management are different. But, in India management and ownership are often married to each other. So, when the promoter raises their stake in a company, there should be a lot of interest in knowing why that happened. "Promoters may have a hundred reasons to sell, but they usually have one major reason to buy," says G. Maran, Executive Director, Unifi Capital in an exclusive webinar with PMS Bazaar.

31 Aug 2020

How this student of Raghuram Rajan makes clients rich in a PMS set up to manage own wealth

A little-known known PMS is making waves these days. Meet Sameeksha Capital whose PMS strategy consistently finishes among the top funds with substantial leads over the Universe average and median. Not just that, on a rolling three year period basis, it has remained amongst the top performing PMSes on a consistent basis with a large delta over universe average. The corporate office of Ahmedabad-based Sameeksha, which is Hindi for thorough analysis, is humbly nestled in a tony locality literally a stone’s throw from Astral Poly, AIA Engineering, Symphony, and Zydus Wellness --- four companies that have created huge shareholder value.

29 Aug 2020

Decoding the latest SEBI Portfolio Managers regulations

In an exclusive knowledge webinar with PMS Bazaar, CFA Society India's Sanjay Parikh and Piyush R Singh take portfolio managers through the latest norms in performance reporting and highlight new requirements in the Regulations

18 Aug 2020

S(hhhhh)ecrets of Smallcap Success

In an exclusive webinar with PMSBazaar, Sandeep Daga, Founder, Nine Rivers Capital shares his little-known 'private equity' approach to picking, nurturing and exiting smallcaps that delivered 22.3% CAGR since inception in Dec-2012 compared to mere 4% of Nifty Smallcap 100.

08 Aug 2020

PMSes clock upto 16% gain in jubilant July; 1 year gains of top performers cross 50%

75 out of 180 strategies beat Nifty that clocked 12.3% gain in the last 3 months. Read on to know how different PMS categories have performed in various period...

04 Aug 2020

How To Profit From Significant Consolidation Across Financial Services Sector

India is at cross-roads. Massive disruptions in the financial sector await. The conventional business model of poorly run banks, including the public sector lenders and opaque private sector NBFCs, is ripe for a reset. Read on to Know more..

31 Jul 2020

The nuts and bolts of making money in fintech startup investing

Besides speaking about the – PETT framework, Varanium NexGen Fund's Aparajit Bhandarkar talks about how the AIF platform provides a lucrative way to earn outsized returns from venture capital investments.

30 Jul 2020

PMSes with falling cash holdings outnumber those who maintained or raised moolah

There are 8 PMSes who have zero cash in their portfolios at the end of June; only 1 strategy now holds more than 50% cash compared to 2 in May

20 Jul 2020

Tracking top stock holdings changes in India's multi-billion dollar PMS industry

133 PMS Strategies reported 205 unique stocks in their disclosed portfolios, with single-stock weight as high as 29.75% in a strategy. In this monthly insight piece, we take a detailed look at the most-owned stocks, unique picks, sectoral preferences and stock allocation weights for June 2020.

08 Jul 2020

PMS investors that braved March massacre get up to 56% in Apr-June; 1 year gains as high as 36%

55 PMSes out of 170 beat Nifty that clocked 19.8% gain in the last 3 months; Strategies clocked upto 23% spurt in June 2020

29 Jun 2020

IIFL’s Multicap PMS consistent out-performance backed by their cautiously-optimistic approach

It is quite inspiring to hear out the convictions of the out performers during the current uncertainties. Mr. Mitul Patel’s cautiously optimistic approach is evidenced by consistent out performance of IIFL PMS strategies. Read on to get inspired by the optimism of Mr. Mitul Patel.

29 Jun 2020

Portfolio Managers get time till October 1 to comply with new SEBI norms

In a welcome move, Portfolio Managers have been given a 3-month additional extension to comply with new norms relating to fees and charges, direct client on-boarding, nomenclature of ‘investment approach’, performance reporting, documents disclosure etc.

24 Jun 2020

Is Cash The King For Portfolio Management Services ?

Out of the 144 PMS strategies that disclosed cash, 47 have between 5% & 10% while 5 strategies are completely invested i.e. zero cash as on May 2020. In this article, we will look at, among other things, how strategies are placed with cash, changes in cash positions, and also put the spotlight on those who display extreme positions in terms of cash holdings as % of assets.

22 Jun 2020

Who Owns What: Top holdings of PMS Managers

PMSes have nearly 200 unique stocks in their disclosed portfolios, with single-stock weight as high as 32% allocation in a strategy. In this article, we take a detailed look at the most-owned stocks, unique stocks, sectoral preferences and stock allocation weights in May 2020.

14 Jun 2020

Here is solid proof that PMSes beat MF equity funds in alpha generation

The gold standard of measuring an investment's success is alpha i.e the extent of out-performance over the benchmark return over a period. This logic makes a lot of sense. Investors pay fees to the investment manager to out-perform i.e. get bang for the buck. After looking at the data for the last 1 year, 3 years, 5 years and 10 years, we have conclusive proof that PMS is a good vessel to generate alpha and they also beat MF equity funds. Read on to know why we are saying this.

09 Jun 2020

Average returns of PMSes outperform Benchmarks in May-2020

The month of May saw benchmark indices drop by 2.8% after nearly 15% spurt in April; the best performing PMS strategy in May delivered 3.6% positive return. Read on to know how different categories did against each other and the benchmarks.

08 Jun 2020

Consistent Alpha is achieved through focused execution– Says V Jayaram– Joindre PMS

In a recent webinar conducted by PMS Bazaar, Mr. V Jayaram, Chief Investment Officer and Fund Manager, Joindre PMS, revealed the philosophy and methodologies followed to achieve consistent Alpha. Jayaram went on to explain interesting finer details of stock selection. Read on to know his insights of market opportunities, trends, Indian economic reforms and its impact on Portfolio Management.

05 Jun 2020

AIFs get time till Aug 7 for regulatory filings

Alternative Investment Funds (AIFs) have just got a major compliance burden off their back for some more time. Markets regulator SEBI has given another relaxation in compliance norms to AIFs in terms of regulatory filings. This paves the way for AIFs to do regulatory filings of March, April, May and June 2020 before August 07, 2020.

01 Jun 2020

From Goldman Sachs to White Oak: Why Prashant Khemka Remains A 100% Equity Advocate

It is not every day that one gets to hear the wisdom of someone who managed Wall Street money. Mr. Prashant Khemka is the Founder of White Oak Capital currently managing an AUM of US $ 1.7 Billion investing in Indian equities. PMSBazaar hosted the market maven's webinar recently, where Khemka shares his insights and takeaways.

25 May 2020

Deep dive into top holdings of PMSes

Read on to know Who Owns What, Which Sector Is Hot/Cold, Cash & Portfolio Changes

14 May 2020

PMSes deliver up to 26% in April, but find out how many beat benchmarks

After a terrible market in March, April saw PMSes rise from their ashes like a phoenix. The harder a portfolio was in March, the rebound was stronger. Portfolio managers delivered up to 26.1% return in April 2020. Find out how many beat the benchmark ....

08 May 2020

Sadhguru of Indian stocks has a simple strategy to keep your cool in these volatile times

Get inspired from Mr. Raamdeo Agrawal's candid speech with optimism on Indian Equity Markets & GDP growth potential of 9% to 10% post Covid-19 – Portfolio Management Services Webinar on – “Economy and Market Outlook & the Way Forward”

18 Apr 2020

Impact of COVID on the Economy Markets and Marcellus PMS Portfolio

Ascertain whether the foundations of Indian economic recovery are in place? Is India on the verge of the 5th Economic Boom? Why it makes no sense to time the entry/exit of CCP?. Here is an Excerpts from the Exclusive Webinar on " Impact of COVID on the Economy, Markets, and Marcellus PMS Portfolio" by Mr. Saurabh Mukherjea & Mr. Rakshit Ranjan, Marcellus Investment Managers - PMS

03 Apr 2020

Do you know that PMS offers SIP STP SWP SWITCH TOPUP?

We are surprised to note many are not aware that PMS provides all the flexible options available in the Mutual fund industry. Yes, many PMS Companies provide SIP/STP/SWP/SWITCH/TOP UP options .....

10 Mar 2020

5 - Attributes you should look-for, to select your PMS

Experience in good & bad cycles, adaptable to changing global orders with ability to innovate, technological adherence, process mapping & implementation and the ability to look beyond the temporary and short-term volatility are the 5 Attributes to select your PMS.

08 Mar 2020

Women Portfolio Managers in PMS

The tradition portrays women as better money managers domestically. Wealth derives from rather Goddesses than Gods as per the belief of many ancient cultures and religions.

05 Feb 2020

Best Performing Portfolio Management Services (PMS) 2019

PMS bazaar, on behalf of the Investor Community, appreciates the PMS Top performers. It is with lots of pride that we recognize their performance, and we have awarded the Top-3 PMS Performers of the calendar year-2019. These are the PMSes Toppers of The Tumultuous Times.

05 Feb 2020

What Asset Allocation is ? and what it is not ? by Shankar Sharma

The key to successful investing, over the long term, is to have every major Asset Class in your consideration set: The word Asset Allocation is bandied around rather casually these days. Hence it is important to understand what Asset Allocation is not. Understand from Mr. Shankar Sharma, Vice Chairman & Jt. Managing Director, First Global.

04 Feb 2020

Alternative Investment Funds (AIF) - Category 1 - The New Age of Investing

AIF CATEGORY 1 - The New Age of Investing. What worked so far doesn’t work anymore. Have you realigned your portfolio to this new reality yet? India has changed and continues to change at a rapid clip. Businesses, and hence, your portfolio, has to keep pace. A 10% to 20% exposure of your portfolio to AIF Category 1 funds or directly to startups is ideal – Gain more knowledge from the exclusive article by Mr. Rajesh Sehgal, Managing Partner, Equanimity Investments

04 Feb 2020

Alternative Investment Funds (AIF) - Category-II Potential of Indian Real Estate

AIFs Neither Face The ALM Mismatch Nor Are Impacted By The Credit Squeeze. Hence, In The Current Scenario, Where Fresh Disbursements Have Been Tough For NBFCs, AIFs Have Not Been Impacted. The Current Crisis Presents A Great Opportunity For AIFs Who Could Partner With Large Developers At Really Attractive Valuations/Prices. Gain more knowledge from the exclusive article by Mr. Sharad Mittal, CEO, Motilal Oswal Real Estate

04 Feb 2020

AIF LONG-SHORT FUND Can AIF Long Short Funds Smooth Out the Short term conundrums of Equity Portfolios?

Most important value add of long-short portfolios is a superior client experience because of consistency of returns. Long-short portfolios fall between traditional debt and traditional equity in the risk-return spectrum. A common misconception is that leverage is used to amplify risk, whereas in practice long-short funds use leverage to dampen risk by taking short positions. Gain more knowledge from the exclusive article by Mr. Nalin Moniz, CFA, Chief Investment Officer, Alternative Equity and Business Head, Alternative Equity, Edelweiss Asset Management.