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Abans Smart Beta

Scheme Rating

IME Scheme Rating

The Scheme does not meet our selection criteria at this time

Not a recommended fund: This is not a recommended fund, primarily because the AMC does not meet our selection criteria. We believe that there are better fund houses to invest in, within the Indian mutual fund universe.

IME Strategy Rating

Strategy Overview: The strategy aims to generate long-term capital appreciation, by investing in a portfolio comprising predominantly Nifty Midcap 100 companies.

PMS Scheme Ratings are driven by IME’s Proprietary Scheme Rating Methodology, which takes into account our ratings of the Scheme’s investment strategy, its maturity, the investment team, and our separate rating on the AMC that runs this particular scheme. Our views on each of these individual criteria are available via the IME RMS – which you can view by reaching out to one of our relationship managers (using either the live chat or book appointment feature on this site).

IME View on Abans Smart Beta

Type: Mid & Smallcap | GARP | AUM (3.7 cr) | Inc Date (29 Apr 2019)

Abans Smart Beta Portfolio- Investment Strategy

No clear strategy, except for their belief in “the promise of technology and the power of processes and aspire to implement them in all that they do”

Trailing Performance

1yr 3yr 5yr Since Inception
Abans Smart Beta 64.4 23.1 21.5 21.7
S&P BSE 500 TRI 34.7 18 18 18
Alpha over Broad Mkt BM 29.7 5.1 3.5 3.7
Nifty Midcap 150 53 25.7 24.6
Alpha over Category BM 11.4 -2.6 -3.1

Performance as of: 31-May-24 | Inception Date: 29-Apr-19

Fund Managers

Bhavik Thakkar | 2-star rated FM

CEO | 21 yrs Experience | 5 yrs at current firm

Past Experience: Director & Head – Wealth Sales & Lending (Standard Chartered Bank), Associate Director – Altenate Product (Standard Chartered Bank), Area Manager – Wealth Management (Aditya Birla Group), AVP – Private Wealth (Kotak Mahindra Bank)

Bhavik Thakkar comes with 17 years of experience in the financial industry. While he has worked at senior levels in top financial firms, a large part of this experience has been on the wealth management (as compared to fund management) side of the business. His credentials as an equity fund manager are yet to be proven.

Fee Structure

Fee StructureFee
Fixed Fee Structure2.5
Variable Fee Structures
Exit Fees

AMC

AMC: Abans PMS (click link for detailed AMC review)

Not a Recommended AMC: The 1-star rating of the AMC is primarily driven by the AMC still being sub-scale. Since the firm is still sub-scale, we have not done additional evaluations with regards the AMC Pedigree, Investment Philosophy, Team & Performance.

Abans PMS does not meet our criteria for PMS AMC Selection at this time. Understand our AMC rating criteria at AMC Rating Criteria or contact us via the LiveChat to learn more.