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 …
Sameeksha AIF Beats The Benchmark In A Strong Month For The Markets
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 …
Sameeksha Completes Magnificent Seven Years; FY23 Becomes Hat-Trick Year Of Outperformance, Top Rankings For Three And Five Year Periods Retained
Financial year 2022-23 was not a great year overall for the Indian equity markets. The year ended with the market continuing to clock a monthly slide in the month of March on the back of global uncertainties fueled by a banking crisis. For the financial year, our benchmark index BSE500 TRI was down by 0.9%. This is …
Carving Out Marginal Alpha In A Very Weak Month, Sameeksha Continues To Maintain Its Position Among The Top Performing Funds For The Three And Five Year Periods
February was a volatile month for the Indian stock markets. Wild stock movements with key Adani Group companies hitting their upper and lower circuits throughout the month, kept stock market participants on their heels. In this month, the broader indices BSE500 TRI, BSE Midcap TRI and BSE smallcap plunged -2.75%, -1.76%, -2.94%, respectively. While Sameeksha …
Positive Return As Well As Strong Outperformance In A Very Weak Month, Awarded As The Top 2 For The Three Year And 5 Year Period Periods
The first month of the calendar year 2023 produced sharp negative returns for the market, with much of the drop occurring post the report on Adani group published by a US based outfit. Unabated offloading of shares by foreign institutional investors (FII) at the fag end of January 2023 kept the market on edge. As …
Modest Outperformance In A Grim Month, Among Top Five For Three As Well As Five Year Periods Ending 31st Dec 2022!
After successive rises in the last two months, the market ended December 2022 on a negative note as Covid-19 fears in China and US dented the market sentiments. Broader indices – BSE500 TRI, BSE Midcap TRI and BSE Smallcap TRI returned -3.2%, -2.5%, and -2% respectively. We also had a negative month but we managed …
