* For Five Year period In the month of October, the benchmark S&P BSE 500 TRI fell 2.9%. Against that, Sameeksha PMS (Portfolio Management Service = Separately Managed Accounts) gained 1.2% (net of all fees and expenses), resulting in a meaningful outperformance. Sameeksha AIF (Alternative Investment Fund = “Hedge Fund”) also gained 1.7% (post expenses pre tax), …
Year: 2023
On Five Year Basis, Number One For The Fourth Consecutive Month, Top Decile Ranking For The 31st Consecutive Month
In September 2023, Indian markets decoupled with key global markets; as against 4.5% drop for S&P 500, BSE500 TRI went up 2%. Sameeksha PMS (Portfolio Management Service = Separately Managed Accounts) gained 1.4% (net of all fees and expenses), resulting in a small underperformance. Sameeksha AIF (Alternative Investment Fund = “Hedge Fund”) also gained 1.4% (post …
Five Year Data – Ranked Number One For Three Consecutive Months, Top Decile For 30th Consecutive Month
After a relentless streak of advancement spanning 5 consecutive months from March 2023 to July 2023, the benchmark BSE500 index cooled off in August 2023. In contrast, both the Midcap and Small cap indices stayed buoyant. In August 2023, the benchmark BSE500TRI was down 0.61% while the BSE Midcap and BSE Smallcap were up by …
Big Outperformance For PMS And AIF In A Strong Month, Number One Rank Again For PMS Based On Five Year Performance
After a strong rally in June, the market showed further positive performance for the month of July that led broad market indices to all time high. Lower energy prices over the month were helpful, as was the government’s reversal of a windfall tax on local crude oil sales and fuel exports. The S&P Global India …
Outperformance In Strong Month, At The Top Again For The Five Year Period
The month of June presented a blockbuster rally in the Indian stock market, both the market Indices NIFTY 50 and BSE Sensex to climb to their all-time highs. The month ended on the back of strong inflows from foreign institutional investors (FIIs), robust corporate balance sheets, moderating inflation and growth picking up coupled with expectations …
Outperformance In Strong Month For The Market
The month of June presented a blockbuster rally in the Indian stock market where major indices including the NIFTY 50 and the BSE Sensex climbed their all time high thrice this month. In June 2023, Sameeksha India Equity Fund (‘Sameeksha AIF’), a SEBI registered Category III Alternative Investment Fund gained 5.6% (net of all fees …
Annual Letter : FY 2022-23 (Year Ending Mar 31, 2023)
Introduction As of March 31 2023, Sameeksha completed seven years of managing money in Indian equities. Back in late 2015, we started Sameeksha with the objective to manage our investors’ assets just as we manage our own by investing in businesses that were durable and were managed by stewards who view their company capital with …
Another Month Of Outperformance, Top Rankings For Three And Five Years Retained
Buoyed by strong news from the Indian Economy (accelerating growth momentum and falling inflation) , the markets posted a strong month. Key market indices including the NIFTY 50 and the BSE Sensex clocked 2.2% and 2.1% respectively for the month of May. Sameeksha PMS gained 4.5% (net of all fees and expenses), and managed to …
Marginal Alpha In A Strong Month For The Markets
Buoyed by strong news from the Indian Economy (accelerating growth momentum and falling inflation) , the markets posted a strong month. Key market indices including the NIFTY 50 and the BSE Sensex clocked 2.2% and 2.1% respectively for the month of May. In May 2023, Sameeksha India Equity Fund (‘Sameeksha AIF’), a SEBI registered Category …
Top Ranking And Outperformance And To Mark A Positive Start Of A New Financial Year
The financial year 2023-24 started on a positive note. April 2023 saw a decisive up move in the markets. The BSE Sensex and the NIFTY 50 showed resilient performance despite the IT sector’s bittersweet Q4 earnings that led to a massive selloff in tech biggies. The key indices saw robust pick up in stock prices …
