Marcellus Investment Managers

The founder of Marcellus reflects on how his investing approach has shifted over the past three years, after his early conviction in staying invested in high-priced, high-quality stocks came under pressure

BAAP comes to bite: Saurabh Mukherjea admits lag in portfolio performance, cites valuation missteps

Buy-at-any-price strategy backfires; Marcellus' flagship delivers 9.07% over the past five-year period compared with the Nifty 50’s return of 15.96%. The Little Champs portfolio delivers 8.12% return compared with 17.93% for the benchmark BSE 200 index.

September quarter earnings' growth may drop to zero: Marcellus' Saurabh Mukherjea explains why

The founder and chief investment officer at Marcellus Investment Managers was talking to Moneycontrol as part of Samvat 2081 conversations; he forecasts a multi-quarter slowdown in earnings growth

What is secret sauce of Zomato's success? Here's what Marcellus' Saurabh Mukherjea says

Marcellus is invested in Zomato through Info Edge, which has a substantial stake in the food delivery and restaurant aggregator company.

Budget’s focus on consumption, employment than capex to cheer FIIs, says Saurabh Mukherjea

What Mukherjea found more encouraging, from a long-term investor perspective, is the government saying that not only will it stoke consumption and try to juice up consumption but it will do so without compromising on fiscal rectitude.

Marcellus' Consistent Compounders see redemptions worth Rs 1,160 crore in 3 months

Since inception in December 2018, the Consistent Compunders has given returns of 15.35 percent while its benchmark has given slightly higher returns of 15.76 percent in the same period

Marcellus' Little Champs PMS exits V-Mart Retail

According to the latest data provided by PMS AIF WORLD, Marcellus' Little Champs had a 4 percent stake in V-Mart Retail.

Saurabh Mukherjea-owned Marcellus suspends employee for violation of code of conduct

The PMS firm has said that it has appointed one of the "big four" companies to investigate the issue

GMM Pfaudler: All set to shatter its glass ceiling and create a new one

GMM’s acquisition of Pfaudler gives it access to the latter’s technology and innovation capabilities, and also enables the group to optimise manufacturing between GMM’s India factories and Pfaudler’s global facilities.

Saurabh Mukherjea bets India's GDP growth to surge while China faces deflationary pressure

Marcellus founder Saurabh Mukherjea is bullish on investing in Indian equities as GDP growth remains strong despite rate hikes. He likes the financials, pharma and electronic manufacturing sectors that are set to benefit from the China plus one strategy and lowering of interest rates in the near future.

IT could be staring at more downgrades in Q1, says Krishnan of Marcellus

Krishnan also believes that considering that inflation is under control and that the current government and its policies are expected to continue post next year’s general elections, the markets are not over-priced.

Expect GDP boost of about $100 billion in the next 3 years as China+1 gains steam, says Saurabh Mukherjea

Currently, three major global industries where China+1 shift is most evident, are estimated at around $1 trillion.

Saurabh Mukherjea's team adds Metropolis Healthcare to Little Champs portfolio

The portfolio management services (PMS) provider said it has been adding the stock in its portfolio for the last few months.

Robust growth in banks, NBFCs; engineering space sees strong order flow: Saurabh Mukherjea

Marcellus Investment Managers has doubled its position in Divis Labs, which now constitutes approximately 7-8 percent of its portfolio.

Foreign investors to return to India if Fed stops hiking rates, says Mukherjea of Marcellus

Saurab Mukherjea talks about top sectoral bets and market outlook. What all investors need to realize is that good companies always give conservative guidance. Whereas bad companies give aggressive guidance on results and then disappoint later on.

Saurabh Mukherjea sees investment in stronger companies as key to wealth creation

Says, foreign investors will rush to invest in Indian equities in large numbers in the coming years.

Indian economy is in for a couple of good years of earnings growth: Saurabh Mukherjea, Marcellus Investment

Mukherjea feels that the Indian economy is recovering nicely and the cost of credit in India continues to remain very low. Though the global economic conditions were a little choppy six months ago, but they're becoming fairly benign again.

We are not changing our position on Asian Paints, see no reason to worry: Marcellus’ Rakshit Ranjan

The stock has fallen by 20% from its 52-week high on fears of rising competition and mounting input cost pressures

Saurabh Mukherjea dismisses concerns around HDFC merger; extremely bullish on Nestle, Asian Paints

On being asked over some concerns regarding the weakness in HDFC twins after the merger announcement, Mukherjea said HDFC Bank was an outperformer in the private banking space in the last five years.

How can smaller companies do succession planning right?

Suprajit Engineering’s CMD Ajith Rai tackles the question from various angles

D-Street Talk: Saurabh Mukherjea on 30-years of reforms, polorisation in market & how to pick wealth creators

Top line is vanity, the bottom line is sanity, and cash flow is reality. And, that's why I keep telling people to focus on cash flow, not the newspapers headlines and not even profitability, says Mukherjea.

DAILY VOICE | Pramod Gubbi of Marcellus lists 3 characteristics to look for in long-term wealth creators

it is a bit futile to make sense of stock price movements in the short term given the number of factors at play. Even if we manage to explain these in hindsight, it has very little predictive power, said Gubbi.

Saurabh Mukherjea on Indian economy, earnings & why small-cap firms are becoming bigger

If the cost of capital remains low in India and if the country can continue improving its road, freight and ports infra, we will continue to see the rise of small-cap Indian companies with global monopolies, says Mukherjea

We focus on clean, dominant, high RoCE and low-debt small and midcap companies: Ashvin Shetty of Marcellus Investment Managers

Little Champs portfolio is to identify and invest in 15-20 niche-dominant small cap companies with clean accounts & corporate governance, track record of prudent capital allocation, and at the same time decent growth potential.

DAILY VOICE | Rakshit Ranjan of Marcellus has 3 simple rules for picking winning stocks

It is very difficult to time entry exits particularly in high-quality stocks based on your view around a macro event’s impact on the broader economy.