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Accuracap PicoPower

Scheme Rating

IME Scheme Rating

5 of 5 stars

Highly Recommended Small-cap Fund: A differentiated quant-based approach to small-cap investing, with the backing of a highly pedigreed team of quant managers and an unmatched performance track record in terms of return consistency, makes AccuraCap PicoPower one of our most recommended strategies in the small-cap space.

IME Strategy Rating

5 of 5 stars

Quant Strategy: One of the few pure-quant strategies focused on small-caps & strong companies that can deliver higher growth than large-caps with high risk. The portfolio consists of 12-35 high-quality companies based on AI and algorithms. The average historical holding period of stocks is 2 years. Accuracap PicoPower has demonstrated sustained performance since its inception, showcasing a track record of reliability and consistent capital appreciation throughout various market cycles.

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 PicoPower

Type: Small Cap | Quant | AUM (652.2 cr) | Inc Date (10 Oct 2011)

Investment Philosophy

Accuracap PMS’s Alphagen strategy is a quant-strategy that seeks to construct a portfolio of 30-40 high-quality companies (Mid and small-cap focused) based on their Artificial Intelligence-based Intelligent Ranking Algorithm. The algorithm is based on fundamental factors & risk management, with the portfolio is 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.

Comparative LT Performance Chart

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 PicoPower 62.2 29.2 29.9 24.4
S&P BSE 500 TRI 39.5 19.5 19 15.3
Alpha over Broad Mkt BM 22.7 9.7 10.9 9.1
Nifty Smallcap 250 67.7 29.7 25.2
Alpha over Category BM -5.5 -0.5 4.7

Performance as of: 28-Feb-23 | Inception Date: 10-Oct-11

Fund Managers

Naresh Chand Gupta | 4-star rated FM

Co-founder & CEO | 34 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 | 30 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 StructureFee
Fixed Fee Structure2.5
Variable Fee StructuresOption 1: 1.5% fixed + 20% above 12% hurdle
Exit Fees1yr(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

4 of 5 stars

AMC Pedigree

5 of 5 stars

AMC Size

3 of 5 stars

Team Pedigree

5 of 5 stars

Inv Philosophy

5 of 5 stars

Performance

4 of 5 stars

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