Tata AMC PMS

PMS

IME's View on Tata AMC PMS

AMC View

Tata MF's PMS division lacks scale and independence, impacting its ability to benefit from the mutual fund's strengths. Without clearer definition and focus, we do not recommend investing in Tata PMS.

AMC Pedigree

Tata PMS is the PMS division of Tata AMC. Despite having a strong brand in India, Tata has faced challenges in growing their AMC business. They have experienced high turnover of senior fund managers and have struggled to scale their PMS business.

Team Pedigree

Tata PMS has inexperienced investment team.

Investment Philosophy

There is no specific stated investment philosophy at the PMS level.

PMS Background

Tata PMS is the PMS arm of Tata AMC – a mid tier mutual fund house. AMC struggles to scale Usually, an AMC driven PMS benfits from distribution, research strength of mutual fund. However, their MF has also struggled to scale relative to its brand and their PMS is more of an extended arm than a independent arm.

PMS Investment Philosophy

There is no clearly articulated investment philosophy at the PMS levels, with strategy being driven at a scheme level. Suitable For Not a recommended PMS provider

Investment team

Tejas Gutka | 3-star rated FM

Head of Portfolio Management | 19 yrs Experience | 6 yrs at current firm

Past Experience: Portfolio Manager & Head of Equitiy (Tamohara Investment Managers), Head of Research (tamohara Investment Managers), Assistant VP -Investment Advisory Services (Barclays Wealth and Investment Management), Assistant VP, Research (Barclays Wealth and Investment Management), Manager (CARE Ratings)

Tejas Gutka comes with 14 years of experience, started as a Credit Rating Analyst at CARE Rating. He later went to take the role of Equity Research Analyst at Barclays Wealth and Investment Management and Portfolio Manager at Tamohara Investment Managers before joining Tata PMS in December 2019.

Recommended Funds

Tata Absolute Return AIF

1 Year
10.7%
3 Year
9.6%
5 Year
9.5%
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