Anand Rathi PMS
PMSIME's View on Anand Rathi PMS
AMC View
Anand Rathi has scaled meaningfully, and the presence of Mayur Shah, a homegrown fund manager, has brought greater stability to the team. However, his ownership stake in the AMC introduces uncertainty around potential churn. Additionally, the fund’s performance has been highly volatile. Given these factors, we do not recommend the strategy for investment at this time.
AMC Pedigree
Anand Rathi’s equity research capabilities are strong, and while their PMS business has scaled up well in recent years, it still represents a relatively small portion of the overall group
Team Pedigree
Mayur Shah began his fund management career within Anand Rathi, having been with the firm for nearly 20 years and heading the PMS arm since 2017
Investment Philosophy
Anand Rathi PMS does not have a set investment philosophy at the PMS level; instead, the philosophy is determined at the scheme level.
PMS Background
Anand Rathi PMS is the PMS arm of the Anand Rathi group (an established and well-respected equity broker, with growing investment banking & wealth management businesses). Failed to scale itself in PMS Industry Anand Rathi's PMS arm has been around for many years but has not scaled itself yet.PMS Investment Philosophy
Anand Rathi PMS does not have a PMS level investment philosophy, with philosophy being driven at a scheme level instead. Suitable For Not a recommended PMS providerInvestment team
Mayur Shah | 3-star rated FM
Fund Manager | 21 yrs Experience | 19 yrs at current firm
Past Experience: AVP-PMS
Mr. Mayur Shah is Fund Manager for PMS's run at Anand Rathi, he has done post graduation in MBA Finance and CFP. He has more than 15 years of rich experience in Investment advisory, Product Development and Portfolio Management. He had Started Career with Kotak Securities Ltd in 2005 as an Investment Advisor subsequently got into developing Equity products and running the same. From last 13 years he is part of Anand Rathi group and worked across Portfolio Management and Private Client Group Equity Advisory. Recently, the MNC fund being managed by him has been featured in top 3 pms based on 1 year performance in economic times.
