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Renaissance India PMS

PMS Rating

IME PMS Rating

3 of 5 stars

Not a top recommendation as it is still a young AMC at this time : Backed by a fund manager with a strong established track record, Renniassance India PMS has the potential to scale to a credible PMS provider. However it is still young and sub-scale (perhaps due to a focus on AIF's instead), and we would prefer to wait for the PMS platform to mature prior to recommending investments.

The PMS/AIF AMC Rating is derived on the basis of our analysis on 5 key qualitative parameters that we use to analyse the quality of a PMS/AIF Provider. These include an assessment of the size of the AMC, the pedigree of the AMC, the pedigree of the team, the value of the investment philosophy & the level of differentiation. These insights of our central research team are documented in the IME RMS, and can be accessed during a consultation call with an IME PMS specialist.

PMS Background

Discretionary AUM (378cr) | Promoter Category ()

PMS Background

Rennaissance India PMS is a relatively young PMS (founded in 2017) that is founded by Pankaj Murarka (a highly seasoned fund manager and ex-CIO of Axis MF).

PMS Investment Philosophy

Rennaissance India focuses on investing in good quality businesses that can deliver sustainable growth over the medium-to-long term.

Investment Approach 

Investing in Sustainable & Quality Growth at Reasonable Price; investigating- Sustainable  & Quality Growth, Sustainable Competitive Edge, Reasonable Price, using Bottom up stock picking

 

Investing for a fair value approach while understanding Economic Value

Inv Team

Investment Team

Pankaj Murarka | 4-star rated FM

Founder & CIO | 27 yrs Experience | 7 yrs at current firm

Past Experience: Head Equities (Axis AMC), India Portfolio Manager (Merril Lynch), Portfolio Manager (Rare Enterprises), Vice President (Motilal Oswal Financial Services Ltd), Portfolio Manager (UTI Mutual Fund)

Pankaj Murarka comes with 24 years of experience. He was associated with Axis Mutual Fund as CIO managing over $3bn in Indian Equities. He was recognized by Outlook Money as a Leading Fund Manager with 5 years of a track record of consistent performance in the year 2015.

Pawan Parakh | 2-star rated FM

Fund Manager | 17 yrs Experience | 6 yrs at current firm

Past Experience: Senior Analyst (HDFC Securities), Vice President – Institutional Research (Religare), Senior Analyst (Dolat Capital Market Private Ltd), Analyst (Execution Noble), Research Associate (Edelweiss Capital)

Pawan Parakh has over 10 years of experience in Investment Research. He started his capital markets career with Edelweiss Securities as an equity analyst in 2007. Pawan is also a CA.

PMS/AIF Schemes

PMS & Listed Equity AIF Schemes

No items found

Returns as of 28-Feb-24.

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Our RMS allows us to operate with a level of transparency, ethics & consistency of insights, that is unparrarelled in the industry. Our RM’s will help showcase the PMS/AIF options that are the most suited for your unique requirements.

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Note: PMS AMC & Scheme Reviews and Ratings are based on IME Capital’s Proprietary Review and Rating Methodology (read more here: AMC Rating & Scheme Ratings). These reflect the unbiased views of our central research team, based on our assessment of the investment value of these PMS/AIF strategies for our investors. We follow a highly stringent rating-criteria, where approximately 50% of PMS AMC’s & strategies would be rated 2-star or below (this is not meant to indicate that these funds are not investment-worthy, but that they do not currently fulfill the requirements we focus on for recommending funds to our investors — based on our internal views on the merit of the AMC/strategy relative to peers). Reviews & Ratings are primarily based on research of publicly available information (SEBI disclosures, PMS websites, PMS-aggregation platforms, webinar recording, media interviews etc.) and no explicit consent is required from AMCs for the same. While we endeavour to do further due-diligence via direct interactions with the investment teams of AMCs, this is typically restricted to AMC’s that meet our foundational fund selection criteria (reviews on lower-rated AMCs are often based solely on publicly available information). The views reflected in our Reviews & Ratings, are our independent views and may not be shared by the AMC’s and the investment teams. Please read detailed disclaimer for more.