Equity Intelligence PMS
PMSIME's View on Equity Intelligence PMS
AMC View
Equity Intelligence PMS, founded by Porinju Veliyath, operates in the high-risk, high-return small-cap investing space, leading to extreme volatility but potentially strong returns in bull markets. The low AMC rating is due to the portfolio's significant levels of volatility.
AMC Pedigree
Equity Intelligence, led by founder Porinju Veliyath, operates with a smaller team compared to other large PMS houses.
Team Pedigree
Porinju Veliyath is a controversial figure in the market, known for his aggressive strategy in investing mostly in small-cap stocks. This high-risk, high-reward approach can yield exceptional returns in favorable market conditions but can also result in significant losses during downturns.
Investment Philosophy
There is a contrast between the stated investment philosophy of investing in high-quality companies at a discount to intrinsic value and the actual practice of being an aggressive investor willing to take on higher risks, which can result in both sharp outperformance and underperformance depending on market conditions.
PMS Background
Equity Intelligence was incorporated in 2002, by renowned small-cap and value investor Porinju Veliyath. Known for his very aggressive small-cap picks, which can lead to very high volatility but also very strong returns in bull markets.Solely Driven by value investor Porinju who operates, aggressively, at the higher end of the risk-reward spectrum
PMS Investment Philosophy
Equity Intelligence PMS follows a value investment strategy that focuses on investing in strong & profitable businesses, run by smart and credible managements and market prices below the business’s intrinsic worth. Differing Investment Philosophy In marketing material Equity intelligence states they invest in high-quality companies at discount to intrinsic value. But in reality what is practiced is different. The Founder is an aggressive investor who is willing to take higher risk. In order to take higher level of risk, it involves investing in lower-quality companies which can either lead to sharp out-performance or under-performance based on market conditions. Suitable for Investor's willing to take a high level of risk in search for high returns in good economic environments.Investment team
Porinju Veliyath | 3-star rated FM
Founder & CIO | 36 yrs Experience | 23 yrs at current firm
Past Experience: Parag Parikh Sec (FM), Kotak Securities (Dealer)
Porinju is the Founder of Equity Intelligence and is considered to be one of the top investors in the small-cap segment in which he has extensive experience. His performance has historically been highly volatile, based on the momentum in small cap stocks. Porinju can be a great bet in strong bull markets, but his investment style can also lead to sharp downsides during corrections.
