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Birla AMC PMS

Scheme Rating

IME Scheme Rating

The Scheme does not meet our selection criteria at this time

IME Strategy Rating

Not a top recommendation due to being an AMC-driven PMS: Birla AMC PMS suffers from the common ailments of large AMC-driven PMS houses (PMS as an add-on instead of a clearly segregated business unit, churn in the investment team, a lack of skin in the game for the CIO and typically loosely defined investment philosophies). While the distribution strengths of the AMC can help the PMS scale and there are benefits of research access, most AMC driven PMS’s cannot compare to strong CIO-cum-founder driven PMS houses.

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 Birla AMC PMS

Type: Flexi Cap | | AUM ( cr) | Inc Date (1.0)

Trailing Performance

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Birla AMC Equity Services
S&P BSE 500 TRI
Alpha (over Broad Mkt BM)
Nifty 500
Alpha (over Category BM)

Fund Managers

Birla AMC Equity Services

Not under coverage: This scheme is currently not under our coverage universe.Not under coverage: This scheme is currently not under our coverage universe.Not a top recommendation due to being an AMC-driven PMS: Birla AMC PMS suffers from the common ailments of large AMC-driven PMS houses (PMS as an add-on instead of a clearly segregated business unit, churn in the investment team, a lack of skin in the game for the CIO and typically loosely defined investment philosophies). While the distribution strengths of the AMC can help the PMS scale and there are benefits of research access, most AMC driven PMS's cannot compare to strong CIO-cum-founder driven PMS houses.Not a top recommendation due to being an AMC-driven PMS: Birla AMC PMS suffers from the common ailments of large AMC-driven PMS houses (PMS as an add-on instead of a clearly segregated business unit, churn in the investment team, a lack of skin in the game for the CIO and typically loosely defined investment philosophies). While the distribution strengths of the AMC can help the PMS scale and there are benefits of research access, most AMC driven PMS's cannot compare to strong CIO-cum-founder driven PMS houses.Stable Investment Team: Birla PMS has a moderately experienced investment team, but with the additional benefit of synergies with the more senior Mutual Fund investment team. The investment team has been reasonably stable, but this is subject to change as with all non-promoter driven investment teams.Stable Investment Team:mBirla PMS has a moderately experienced investment team, but with the additional benefit of synergies with the more senior Mutual Fund investment team. The investment team has been reasonably stable, but this is subject to change as with all non-promoter driven investment teams.New Fund: The fund is a new fund, with less than a 1 year track record, and is yet to establish it's track record. The track record of the AMC's other funds or the fund managers longer-term track record, may be considered keeping in mind the relevance of the older track records to this new offering.New Fund: The fund is a new fund, with less than a 1 year track record, and is yet to establish it's track record. The track record of the AMC's other funds or the fund managers longer-term track record, may be considered keeping in mind the relevance of the older track records to this new offering.

AMC

AMC: (click link for detailed AMC review)