Investment Philosophy
Avestha Fund Management’s investment objective is Long Term Wealth Creation through investment in quality stocks to capitalize on asymmetric risk-reward.
Our investment decisions find principal basis in Balance sheet strength, Promoter history, Capital efficiency and Business Scalability/Growth runway.
Structure
- Investment in Indian Public Equities. Long-only orientation
- Minimum Investment: Rs 2crs
- Founder Contribution: Mr Farokh Pandole has invested his personal funds as an investor in the fund
- Demat Account will be opened (at Nuvama) in the name of the Investor
- Quarterly Update reports will be sent to all investors.
- No explicit Lock-in/Gate/Exit Load is proposed, but clients are encouraged to view their account as a long-term investment and it is suggested that only long term, surplus funds be invested in our PMS. Our investment style is best suited for individuals or corporates who wish to harvest equity-type returns and compound funds at a reasonable rate over the long term.
- Onboarded Investors will be enabled on our portal to access portfolio, performance & report-generating capability (including tax, transaction, P&L, performance reports as required on real time basis)
Investment Style
- Low Portfolio Turnover
- Concentrated Portfolio (12-18 holdings)
- Buy-&-Hold Strategy that allows ample room for recognition of our preferred equity characteristics (Balance sheet strength, Promoter history, Capital efficiency and Scalability/Growth runway).
- NOT Benchmarked hence can focus exclusively on areas we expect maximum Long-term, risk-adjusted return. However, we do compare ongoing returns against the BSE 500 TRI.
- Sector Agnostic as stock selection approach will be bottom-up
Publications & Media
Economic Times 26 May 2022
THE ECONOMIC TIMES PAPER
THE ATTACHED ET ARTICLE HIGHLIGHTS THE SAME
India may well be at the cusp of a multi-year capex cycle, says Farokh Pandole, Avestha Fund Management
Economic Times 15 May 2022
THE ECONOMIC TIMES PAPER
THE ATTACHED ET ARTICLE HIGHLIGHTS THE SAME
Avestha Fund Management was Ranked #1 – Best Performing PMS in India in April 2022
ECONOMIC TIMES 9 Dec 2019
THE ECONOMIC TIMES PAPER
THE ATTACHED ET ARTICLE HIGHLIGHTS THE SAME
Avestha Fund Management was Ranked #1 MultiCap PMS in India in November 2019.