The top 10 PMSes gave between 6-17 percent returns in May as per data by PMS Bazaar. Unifi Capital's Holding Co portfolio topped the list with 17.9 percent. Next is ASK Investment Managers' Lighthouse Portfolio with 8.85 percent. Moat Financial Services' UpperCrust Wealth Fund was third at 8.05 percent.
2/10
Unifi Capital's Holding Co strategy identifies strong underlying businesses and looks for significant valuation discounts that are likely to recover due to regulatory changes. Or if the underlying businesses show a significant growth. The main intent of the strategy is to nudge the promoters to unlock value through demerger, delisting, corporate restructuring, and others. Holding Co is a multi-cap fund and was started in May 2014.
3/10
ASK Investment Managers' Lighthouse Portfolio was started in March this year. It has an AUM of Rs 70 crore and has 28 stocks in its portfolio. Engineering has the highest weightage in portfolio, followed by ports, metals and mining, consumer durables, and pipes . The portfolio has around 42 percent exposure to small caps, 36 percent to large caps, and 21 percent to mid caps. The portfolio invests in select focused themes with deep and large opportunities where structural transformation is underway. The portfolio is managed by Sandip Bansal.
4/10
Moat Financial Services' UpperCrust Wealth Fund has an AUM of Rs 83.2 crore and was started in January 2022. The portfolio is managed by Ramakrishnan TB. The portfolio has a maximum exposure of 10 percent to a particular stock and 25 percent to a particular sector.
Moat Financial Services - Emerging Moat is managed by Ramakrishnan TB and has an AUM of Rs 25 crore. The portfolio looks for high-quality companies who are smaller players in respective sectors. It has around 12-14 stocks in the portfolio, most of them are midcaps with a market cap of between Rs 2000-Rs 70,000 crore.
6/10
Shree Rama Managers' Vriddhi Plan portfolio has 8-12 stocks. It has 43 percent allocation to smallcaps and 42 percent allocation to midcaps. Heavy electrical equipment has the highest exposure in the portfolio. It is followed by railway wagons, consumer electronics, residential commercial projects, and ship-building companies. The fund is managed by Arindam Samanta.
7/10
Maximal Capital's Pathfinder Value has an AUM of Rs 113 crore and was started in May 2022. The portfolio has maximum exposure to financials, engineering, construction, technology, and healthcare sectors. The portfolio invests in companies where there is order book visibility, ability to take cash calls, and sectors with absolutely low valuations.
8/10
Moat Financial Services' Special Opportunities Fund was started in November 2020 and has an AUM of Rs 10 crore. The portfolio invests when special opportunities arise. These could be spinoffs, tender offers, mergers, acquisitions, bankruptcy, litigation, buybacks, and others.
Abans Investment Managers' Smart Beta portfolio was started in April 2019 and is managed by Abhishek Bansal. The portfolio has the highest exposure to industrial manufacturing sector. It has also exposure to power, oil and gas, and metals sector. Smart Beta has almost 97 percent weightage to midcaps.
10/10
Prabhudas Lilladher Aqua Strategy was started in June 2023. The top five stocks in the portfolio are Cochin Shipyard, Adani Enterprises, InterGlobe Aviation, Hindustan Aeronautics, and Mahindra and Mahindra. It has 41 percent exposure to large caps, 26 percent to mid caps, and 25 percent to small caps.
