While April called for cautious moves, May brought in its share of surprises to the Indian stock markets. In May, RBI shocked the Indian markets with a 40-basis-point repo rate hike after an unscheduled MPC meeting. With headline retail inflation surging and global commodity prices remaining elevated, it is taken as a given that the …
Category: PMS
Marginal Alpha Despite A Cautious Start To The Fiscal Year
From the prolonged Russia-Ukraine war disrupting supply chains and the hawkish notes by the US Fed on the interest rates to the continued selling by the FPIs, the fiscal year of 2022-23 started off on a cautious note. One can say that the slew of volatility experienced in the last six months has entered the …
Capping A Year Of Average Performance, Retaining Top Decile Three And Five Year Ranking
Despite continued global uncertainty, Indian equity markets recovered in March 2022 with our benchmark generating returns of 4.2% . Our PMS also generated returns of 3.8% before fees but with application of performance fees our after fees returns came down to 0.5%. Our conversation with PMS Bazaar suggests that there might be some differences in …
Underperformance In A Volatile Month
Broader markets remained volatile for the month of January 2022 with a return of -0.4%. Sameeksha PMS underperformed both on an absolute as well as relative basis for the month, generating a return of -2.2%. Volatility has continued in the month of February as well. We will be coming out with a separate note to …
Closing 2021 With Number One Rank For For Three Year Performance Among Multi Cap PMSes
We continue to rank among the best for the long term performance. For the three year period ending December 2021, we are ranked 1st out of 91 multicap PMSes reporting to PMS Bazaar. For the five year period as well, we are ranked 2nd out of 56 multicap PMSes. Though a strong rally in small and mid cap stocks over the last 21 …
Top Decile Rank For All Key Periods, Retained No. 1 Spot For Three Year Period
Sameeksha PMS ranks in the top decile of performance for all the relevant key periods. For the three year period ending November 2021, we are ranked 1st out of 90 multicap PMSes reporting to PMS Bazaar. For the five year period also ending November 2021, we are ranked 4th out of 56 multicap PMSes. Even within the entire PMS universe, we rank among …
Number One For Three Years, Top Three For Five Years
Sameeksha PMS continues to rank among the best for the long term performance. For the three year period ending October 31st 2021, we are ranked 1st out of 88 multicap PMSes reporting to PMS Bazaar. For the five year period also ending 31st October 2021, we are ranked 3rd out of 56 multicap PMSes. In addition, we also rank among the best across …
Number One And Top Three Based On Performance Over Three Years And Five Years Respectively
We continue to rank among the best for the long term performance. For the three year period ending September 30th 2021, we are ranked 1st out of 79 multicap PMSes reporting to PMS Bazaar. For the five year period also ending 30th September 2021, we are ranked 3rd out of 53 multicap PMSes. Though a strong rally in small and mid cap stocks …
Top Or Among The Top Rank For Three And Five Years Despite Subdued Month Due To Elevated Cash Level
Following a consecutive streak of eight months of outperformance, Sameeksha PMS finally saw a month of underperformance due to an elevated Cash level. During the month, we carried an average cash level of 19% with a high of 25% and a low of 15%. As a result, we saw our PMS generate returns of 4.2% …
July 2021: Another Month Of Out-Performance; Top Decile Rank Across Multiple Timelines Retained.
Sameeksha PMS outperformed its benchmark CNX500 TRI for a consecutive 8th month, generating an alpha of 2.3% for July 2021 over the benchmark returns of 1.6%. Since its inception, Sameeksha PMS has generated a return of 24.3% versus the benchmark CNX500 TRI returns of 16.5%. Notwithstanding a very strong rally in small and mid-cap stocks …
