Scheme Rating
IME Scheme Rating
The Scheme does not meet our selection criteria at this time
Prefer other multi-cap strategies: Our rating for Alphagen is primarily due to the lack of return consistency in terms of the outperformance of the strategy. We believe that AI-ML models have more alpha generation potential in small and mid-caps where price discrepancy is higher compared to more well-followed and liquid large-caps. Accordingly, we believe anyone looking for an algo strategy should consider the small and mid-cap space for the same.
IME Strategy Rating
Quant Strategy: Adopts a quant strategy to construct a portfolio of 12-35 high-quality companies based on its AI-based algorithm to multi-caps.
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 Accuracap Alphagen
Investment Philosophy
Accuracap PMS’s Alphagen strategy is a quant-strategy that seeks to construct a portfolio of 12-35 high-quality companies (multi-cap focused) based on their Artificial Intelligence based Intelligent Ranking Algorithm. The algorithm is based on fundamental factors & risk management, with the portfolio being rebalanced once a year and stocks exited if they fall below the cut-off ranking on the Intelligent Ranking Algorithm. The average historical holding period of stocks is ~2 years.
Portfolio Construction
- Low Churn and Tax Efficient: average holding period is 2 years. All gains are long-term capital gains. The strategy aims to be fully invested and does not attempt to time the Market
- Portfolio Rebalancing: rebalanced on a pre-defined schedule and usually once a year
- Exits: exits the portfolio if the rank is below the cut-off on the rebalance date where the exiting Stock is replaced by the new high-ranked stock while keeping the number of stocks in the portfolio constant.
Trailing Performance
1yr | 3yr | 5yr | Since Inception | |
---|---|---|---|---|
Accuracap Alphagen | 40.3 | 17.2 | 21.8 | 15.9 |
S&P BSE 500 TRI | 41.1 | 18.4 | 22.4 | 17.1 |
Alpha over Broad Mkt BM | -0.8 | -1.2 | -0.6 | -1.2 |
Nifty 500 | 40.2 | 17.2 | 21 | |
Alpha over Category BM | 0.1 | 0 | 0.8 |
Performance as of: 30-Sep-24 | Inception Date: 31-Dec-15
Fund Managers
Naresh Chand Gupta | 4-star rated FM
Co-founder & CEO | 35 yrs Experience | 9 yrs at current firm
Past Experience: Adobe India (MD & CEO), LNK Corp (Director-Artificial Intelligence)
Naresh is a computer scientist, researcher and corporate executive with impressive technology credentials. As CEO of Adobe India, Naresh oversaw 3500+ engineers and was responsible for over 40% of Adobe’s global R&D, including the grant of hundreds of patents. Naresh is the author of several seminal scientific papers in the area of Artificial Intelligence, Pattern Recognition, and Computer Vision and holds seven Individual U.S. Patents. He left Adobe to start Accuracap PMS in 2015, in order to use his technical expertise in algo-based quant investing.
Raman Nagpal | 4-star rated FM
Co-founder & CIO | 31 yrs Experience | 9 yrs at current firm
Past Experience: Morpria Alliance (Board of Directors), Adobe (Executive Director), AVP Technology (Founder)
Raman is a computer scientist, with a deep background in technology & finance. He has been responsible for developing several new technologies in the areas of adaptive learning engines, spurious drug detection systems and application of data analytics in stock markets. Prior to founding AccuraCap in 2015 along with Naresh Gupta, Raman worked along with him at Adobe as an Executive Director.
Fee Structure
Fee Structure | Fee |
---|---|
Fixed Fee Structure | 2.5 |
Variable Fee Structures | Option 1: 1.5% fixed + 20% above 12% hurdle |
Exit Fees | 1yr(2%), 2yr(1%) |
AMC
AMC: Accuracap PMS (click link for detailed AMC review)
Highly recommended for aggressive investors looking for high performing quant strategies: AccuraCap PMS is a highly differentiated, quant-based PMS offering with the ideal combination of a 'geek' driven core founding & investment team that have a long demonstrable track record.
AMC Rating
AMC Pedigree
AMC Size
Team Pedigree
Inv Philosophy
Performance
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