I am looking for investment in PMS/AIF for better returns. can anyone suggest
- which fund house to approach
- does AIF provided superior return when compared to PMS ?
I have invested in Equity Intelligence PMS (Porinju Veilyath) and returns have been good so far. Invested in April 2019. Note that the charges are high compared to mutual funds (around 2-3% depending on the returns every year). I have also invested in AIF, but exited later. In case of AIF, they also use other strategies like hedging, short selling etc. I feel investing in stocks/mutual funds directly is the best option for superior returns compared to any other - PMS, AIF etc.
5 Likes
Last year, I invested in a PMS (wonāt disclose the name), whose fund manager has been actively promoting the fund as amongst the best performing one, which is down by almost 35% while the benchmark is up 3% during the same period. Some of the stocks they picked up and the frequent churning made me think their entire investment process. I now feel they were doing good previously bcoz of the overall rally in the market (and not necessarily due to their skill set). Protecting downside is one of the key functions of a PMS and itās during these times, one gets to test the fund managers.
5 Likes
Is it Stallion ? under amit jeswani
No, not Stallion. I wouldnāt want to name for obvious reasons.
Hi ! Any opinions on Counter Cyclical PMS? I am trying to find funds which deploy a mix of deep value and momentum strategy. Any suggestions?
Thought to share my PMS investments if it helps readers in any way. I have invested in three PMS funds:
- Stallion ā 31% annualized ROR over the past 42 months.
- Green Lantern ā Growth ā 18% annualized ROR over the past 18 months.
- Wallfort Diversified ā very recent investment.
Stallionās performance has been outstanding historically, though they havenāt delivered any returns so far this year. Their AUM has grown significantly in recent months, so it will be important to watch how this impacts their strategy going forward.
Green Lantern follows a more conservative and balanced approach, currently holding 34% in cash. This cash position peaked at 52% earlier this year in Q1 when markets were down.
Wallfort Diversified is a high-risk blend of SME, micro-cap, and small-cap stocks. While aggressive in nature, their performance over the past few years has been exceptional.
4 Likes
Any advice on upcoming Quant specialised investment fund?
Minimum ticket size, risk factor etc?
2 Likes
SIF is actually a mutual fund product with ticket size minimum of 10 lakhs. It will work exactly like mutual funds with allotments of units at NAV. Only difference is , they will be allowed to keep 25% of AUM for derivatives strategy and also allowed to short stocks. Other things will remain similar. So if a SIF is launched under Flexicap category, it will be like normal flexicap fund with added flavour of derivatives and shorting . If SIF is launched under balanced fund category , then it work like balanced mutual fund.
10 Likes
How does one compare the AIFs? I am currently considering investing in AIF, and have been advised different AIFs by different distributors. w For eg, there is Bharat Value Fund Series 3, then there is Negen Undiscovered Value Fund and finally the ValueQuest Tristart Fund. Does anybody have any opinions on these or can point me to the right direction on how best to compare these 3 and make a judgement?
1 Like
Hello.
Iām considering buying CapitalMind Flexi cap fund. Request for people with experience of CapitalMind PMS and other services to please share your experience.
Thanks
1 Like
I would suggest to use PMSBazar kind of website to look at past performance, especially long term performance. E.g. almost everyone has done well post Covid, so if fund has track record of more than 5 yrs then look at its performance over 5 yrs and since inception. Last one year has been tough and first significant dip after Covid, so performance over last one year would also give good idea. Then you can also look at beta of the fund. You have to be comfortable with the drawdowns / volatility of the fund. And most important, whether you are comfortable with the fund manager and his direction, since you are ultimately betting on the fund manager, so look at some of the past interviews on YouTube etc to get an idea.
3 Likes
Hi, anyone here has any experience or feedback about Nine Rivers PMS / AIF?
Is it possible to know the investments made by any PMS funds. will it be a paid one or should be open to anyone?
Thanks for sharing the details. All three seem to have held up well through the recent drawdown, especially given how flat the broader market has been over the last year.
For someone looking to enter today, which of the three would you lean towards based on your own experience so far?
Also, Iām assuming the returns that are quoted are net of all management and performance fees (taxation aside). Please correct me if thatās not the case.