Samvitti PMS
Our view on their team, the pedigree, the funds & investment philosophy followed.
IME's Review of Samvitti PMS
| AMC Rating | Pedigree Rating | Team Rating | Philosophy Rating |
|---|---|---|---|
Upgrade | Upgrade | Upgrade | Upgrade |
AMC View
Samvitti has demonstrated its pedigree through strong performance and meaningful scale-up despite its relatively new background. Given the consistency in results and execution, the PMS can now be considered for inclusion.
AMC Pedigree
While Samvitti is relatively new in the PMS space, it is gradually developing maturity in terms of both age and scale.
Team Pedigree
The Founders, Prabhkar Kudva & Athul Kudva, comes from a non-finance background and lacks prior fund management experience. While they have managed Samvitti Funds with reasonably good performance so far, their track record are limited, and long-term credibility is yet to be established.
Investment Philosophy
There seems to be a fairly generic investment philosophy.
AMC Background
Samvitti Capital is promoted by Shivaram Kamath, Athul Kudva, and Prabhakar Kudva, and headquartered in Karnataka with offices in Mulki, Mangalore, and Bengaluru. The firm has evolved from a regional, entrepreneur-led investment platform into a scaled boutique asset manager, managing approximately ₹1,000+ crore.
The founding team brings a complementary blend of market experience, technology expertise, and entrepreneurial execution. Athul Kudva, the CEO, has a strong financial technology background, having co-founded Omnesys - an institutional-grade trading and risk management software firm later acquired by Thomson Reuters. Prabhakar Kudva leads long-term idea generation and research, combining business analysis with a growth-oriented mindset.
Investment Philosophy
Samvitti Capital’s investment philosophy is grounded in bottom-up, fundamentals-driven equity investing with a strong emphasis on earnings, sectoral cycles, and valuation discipline. The firm believes that long-term wealth creation in equities is inherently non-linear and requires the ability to endure interim volatility, drawdowns, and periods of underperformance.
The philosophy integrates both qualitative and quantitative dimensions of investing. Qualitatively, significant weight is placed on business quality, management pedigree, and sectoral positioning. Quantitatively, earnings momentum, balance sheet strength, and valuation comfort guide position sizing and portfolio construction. Samvitti explicitly avoids benchmark-hugging behaviour, preferring differentiated portfolios that reflect the firm’s evolving views on sectors and earnings cycles rather than index composition.
Earnings and Sector-Cycle Driven Stock Selection
At the core of Samvitti’s approach is a sector- and earnings-driven framework aimed at identifying the best stocks to own in each market cycle. The firm actively studies sectoral tailwinds, inflection points in earnings, and changes in competitive dynamics to position portfolios ahead of broader market re-rating. This has historically led Samvitti to identify businesses early in their earnings upcycles, before valuations fully reflect improved fundamentals.
Stock selection is supported by continuous idea generation using proprietary screeners, internal research, and accumulated databases of company, sector, and management pedigrees built over several cycles. The emphasis is on understanding how earnings can evolve over the next few years rather than extrapolating near-term results, allowing the firm to hold positions through volatility as long as the fundamental thesis remains intact.
Investment team
Athul Kudva | 3-star rated FM
CEO | 27 yrs Experience | 11 yrs at current firm
Past Experience: Omnesys Tech (Co-Founder)
Athul Kudva, CEO and Fund Manager of the Alpha Fund at Samvitti, is an engineer from NIT Karnataka with over 25 years of market experience. A co-founder of Omnesys, a leading provider of order and risk management software later acquired by Thomson Reuters, Athul combines deep market expertise with technological insights. His experience in active investing and trading has driven the development of advanced quant systems and tools, integral to Samvitti's fund management strategies.
Prabhkar Kudva | 3-star rated FM
Director | 19 yrs Experience | 11 yrs at current firm
Past Experience: Thomson Reuters (Product Manager), Omnesys Tech (Manager), mFormation Tech (SE)
Prabhakar Kudva, Director and Principal Officer and co-founder at Samvitti Capital with over 20 years of market experience. A computer science engineer and business management graduate, his investment philosophy focuses on identifying high-growth businesses with significant scale-up potential. He had prior stints at Thomson Reuters, Omnesys Tech, and mFormation Tech.
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