Clubmillionaire PMS
PMSIME's View on Clubmillionaire PMS
AMC View
The AMC has performed well over the long term, but its consumer-focused thematic investment style limits the fund manager's ability to adjust portfolio positioning in response to changing market themes, leading to potentially higher volatility in performance.
AMC Pedigree
Established in 2007, ClubMillionaire has a strong track record of over 15 years and has scaled up to an AUM size exceeding 2000 crores, demonstrating its AMC pedigree.
Team Pedigree
ClubMillionaire is a PMS service provider founded by Paresh Sangani, who has over two decades of investing experience and serves as the CIO. He is the sole fund manager, with support from a research team.
Investment Philosophy
ClubMillionaire's investment philosophy is centered on investing in highly profitable consumer franchises led by ethical management teams with a strong record of wise capital allocation. They aim to "Buy 'big' at fair valuations," seeking to invest in dominant, brand-owning consumer businesses at prices that offer a margin of safety.
AMC Background
Established in 2007, ClubMillionaire has a strong track record of over 15 years and has scaled up to an AUM size exceeding 2000 crores, demonstrating its AMC pedigree. It was founded by Paresh Sangani, who has over two decades of investing experience and serves as the CIO. He is the sole fund manager, with support from a research team.
Investment Philosophy
Club Millionaire's investment philosophy centers on identifying and investing in companies with:
- Highly Profitable Consumer Franchise: Focusing on businesses that have established strong, profitable positions within the consumer sector.
- Ethical & Passionate Management with Wise Capital Allocation Record: Prioritizing companies led by ethical, passionate leaders who have demonstrated prudent capital allocation.
- Buy 'Big' at Fair Valuations: Making substantial investments in these companies when their market valuations are fair, ensuring a margin of safety.
Investment team
Paresh Sangani | 3-star rated FM
Founder | 23 yrs Experience | 18 yrs at current firm
Paresh Sangani is the Founder of ClubMillionaire. He joined the family business at an early age of 15 years and subsequently, pursued his passion in investing from 2004. The investment approach is derived from his practical business experience In India. He is a Post Graduate in Management from Symbiosis University, India and has had an executive education from Columbia Business School, USA.
