Sameeksha PMS Sustains Its Position As One Of The Consistent Top Performers

For the month ended February 2021, Sameeksha PMS was 2nd Ranked PMS out of 86 PMSes on a 2 year basis amongst the Multicap category and it was in Top 7% and Top 5% for 1 year and 3 year period respectively as per the data available by PMS Bazaar (Table 1).

Amongst the PMS universe that represent all the strategies, Sameeksha PMS managed to outperform the universe average and was amongst in Top 2% and Top 5% respectively for 2 year and 3 year periods (Table 2). 

Equity markets welcomed the budget that was presented in February, and markets rallied on the backdrop of turbocharging the economy that was contracted due to Covid 19. Sameeksha managed to outperform its benchmark CNX 500 TRI over all the relevant periods albeit with only a minor outperformance for the month of February (Table 3). 

In Figure 1, we show how on a cumulative basis our divergence with the indices have widened since the inception of the fund. An investment of Rs. 100 with us since inception would have grown to Rs. 256 over ~5 years, hugely outpacing the relevant indices with the gap continuing to widen over recent months. 

Delivering good performance on a consistent basis is more important than being a “flash in the pan”. We include here (Table 4) comparison of our three year performance with the rest of the category universe of PMSes as well as all the PMSes. For the month ended Feb 2021, we have meaningfully outperformed all the major relevant mutual fund categories that we are comparable with and maintained our top decline ranking.  

On a rolling one year basis, we have been consistently ranked in the top two deciles among the PMS universe (Table 5). 

Portfolio returns of our clients irrespective of their date of investing with us, continue to far outpace the benchmarks  (Table 6). 

We capture our performance versus benchmarks on a financial year basis in Table 7. We have outperformed the key benchmark CNX500 TRI  materially for FY21 till date.

In Table 8, we capture our calendar year performance for all the years since the inception of the fund. For the last two completed calendar years, our outperformance versus the benchmarks has been quite strong. 

We have delivered good Risk Adjusted returns compared to Indices that we are comparable with since our inception of the fund (Table 9).

We welcome any follow up questions.

DIsclaimer : The information contained in this newsletter has not been verified by SEBI.

Among The Most Successful Professionals In Equities; Rated The #1 Technology Sector Analyst In Institutional Investors Polls For A Decade. Highly Respected Among Peers For His Path-Breaking Work And Thought Leadership. Rose From An Associate To Managing Director Within A Span Of Six Years In The Investment Banking Industry

Twenty Years Of Experience Building Top Research Franchises: Seven Years As Managing Director And The Global Head Of Technology At JP Morgan, Six Years As Director And Head Of Asia Pacific Technology At Credit Suisse And Five Years As Founder Of Equirus SecuritiesTrack Record Of Innovation And Excellence In Equity Research

Anchored The Rise Of Credit Suisse  From An Unknown Name In Asian Equities To A Number One Ranked Firm In Asian Equities; Head Of Asia Pacific Tech Research

Credited For Building Top Ranked Global As Well As Asian Tech Research Practice At JP Morgan As MD And Global Head Of Tech Research; Made Defining Contribution To Enable JPMorgan To Move From An Also-Ran Player To A Top Global Name In Equity Research

Built A Very Profitable And Award Winning Indian Equity Business At Equirus From Scratch On A Tiny Budget; Achieved Number Two Ranking In Asia For Idea Performance

Impeccable Track Record Of Identifying True Long Term Winners Ahead Of Others Including Samsung Electronics, TSMC, Infosys And TCS And Guiding Investors To Stay Clear Of Laggards Such As UMC And SMIC Years Ahead Of Consensus.

Mind Of An Engineer, Worked In A Team That Designed The World’s Fastest Microprocessor With A Manta “Paranoia Is The Safest Frame Of Mind”. Awarded Two US Patents.

Work Experience Of Designing The World’s Fastest Microprocessors Based On Cutting Edge Technology For Which He Jointly Holds Two US Patents

Best In Class Business Education From The World Renowned Business School: Double Major In Economics And Finance, Beta Gamma Sigma Cum Laude From The University Of Chicago Booth. Excelled In Studies Under World Renowned Faculty Such As Dr. Raghuram Rajan, Former Governor Of The Reserve Bank Of India