In this letter, we discuss (a) our experience dealing with last eight weeks of extreme volatility, (b) how we navigated through this turbulent period (which admittedly may not be over yet), (c) how we are positioned for the market ahead, (d) analysis of significant portfolio decisions we took, and (e) how the outcome would have …
Author: Sameeksha Capital
Markets Continue To Remain Volatile, Sharp Rebound In April
We are pleased to share with you an update on our performance for the month of April 2020. Our performance compared favorably within the PMS universe (as tracked by PMS Bazaar) and relative to major mutual fund categories. (Table 1, Table 2). However, we are not happy with the absolute returns we have generated over …
Performance Update: Marginal Recovery In April Following Sharp Sell Off In March
Through this period of extreme volatility, we have managed to retain our outperformance versus benchmarks (Table 1). It is constructive to note that not a single index fund exists today to mimic CNX500, the broad based market index we benchmark ourselves against. We would submit that if an index fund did exist, the managers of …
Flat Month Despite Sharp Sell Off Towards The End
We registered essentially zero returns on a month on month basis in February 2020 compared to sharp declines in all key benchmark indices (Table 1). Over the last one and three years respectively,our PMS has delivered 30% and 11% returns respectively suggesting meaningful outperformance versus the indices as well all the categories of Mutual funds …
Sameeksha Continues To Outperform PMS Peers And Mutual Funds
We are pleased to share with you an update on our performance for the month of January 2020. Our performance continues to compare favourably within the PMS universe (as tracked by PMS Bazaar) and relative to major mutual fund categories (Table 1, Table 2) 1.Reported As Post Fees And Expenses 2. Aggregate Portfolio 3. Aggregate …
Sameeksha sustains its position among top performing funds for the Year 2019
We are pleased to share with you an update on our performance for the Calendar year 2019. We retained our position among the top performing funds across the PMS universe (~100 funds) and delivered superior performance compared to various Mutual Fund categories. For the year ended 31st December 2019, we delivered one year return of …
Evaluating Our Stock Selection Process
Since April 2016, we have been running a multi-cap (with emphasis on Mid and Small Cap companies) Long Only India Equity Fund under SEBI registered PMS structure. We specialize in investing in Indian listed equities as well as offshore investing through LRS route. We believe in developing and following robust processes for everything we do …
Advantages Of PMS As A Product And Prospects For The Industry
Portfolio Management Service (PMS) as an asset class has grown at exponential rates over the last few years. Over the last three years, as of June 19, the number of discretionary clients under PMS has grown by 175% from 52,761 clients to 1,44,879 clients and the AUM under discretionary mode has gone by about 56% …
Performance Update : October 2019
We are pleased to share with you an update on our performance. Specifically, we would like to highlight the following: We specialize in equity investing in India as well as abroad through LRS route. Our founder has had a stellar track record in the global equity investment space. We will be happy to furnish additional …
Sameeksha Annual Investor Letter
Financial year 2019 was a challenging year with slowing growth in both global as well as Indian economy. . An impressive uptick in March ended FY 19 performance of Nifty on a promising note. However, Mid Cap and Small Caps ended in red for the fiscal. Some of the major factors that led to the …
