Aditya Birla Capital Core Equity Portfolio- Investment Strategy
Focus on a large cap universe following benchmark agnostic
Investment Philosophy
Focuses on identifying recurring winners that have consistently created value. The philosophy identifies sectors that are key to wealth creation.
Core Equity portfolio uses a unique strategy based on superior IP/screeners. Following an extensive research to identify future winners. Also uses a comprehensive alert system to track industry wise valuations.
Follows a value investing approach to generate alpha returns. Identifying medium and long term misprice companies and buy them at a discount to the fundamental value.
Investment Process
- Portfolio Universe– built by applying Quantitative and Qualitative screeners and evaluating ROE/ROCE, leverage and debt servicing and management quality.
- Reject companies which do not filter through these screeners by identifying companies benefit from the catalysts which are micro/macro trunaround, demerger/delevraging and management change.
- Narrowing down the list to 50-60 sticks by having an optimised portfolio by analysing risk reward and having the potential upside of 100% in 3-4 years.
Finally selecting 25-30 quality companies with high growth and potential upside.
Trailing Performance
| 1yr | 3yr | 5yr | Since Inception | |
|---|---|---|---|---|
| Birla AMC Core Equity | -0.9 | 10.3 | 20.2 | 18.8 |
| S&P BSE 500 | 4.5 | 13.7 | 22.2 | 14.8 |
| Alpha over Broad Mkt BM | -5.4 | -3.4 | -2 | 4 |
Performance as of: 30-Apr-25 | Inception Date: 07-Jan-09
Fund Managers
Dhaval Mehta | 2-star rated FM
FM | 18 yrs Experience
Past Experience: ASK AMC, Emkay Global, Ventura Securities, Infosys
Dhaval Mehta Has 9+ years of experience in equity research and portfolio management. Dhaval’s main domain expertise is in Consumer Staples & Discretionary, Retail, Building Material, Cement and Media sector. Prior to joining Aditya Birla AMC, he has worked with ASK Investment Managers as Portfolio Manager and managed assets over $200mn. He has also worked with Emkay Global, Ventura Securities and Infosys.
Salvin Shah | 2-star rated FM
FM | 15 yrs Experience | 3 yrs at current firm
Past Experience: Sanctum, Edelweiss Securities & Athena Investment Management
Salvin Shah Has 9+ years in Portfolio Management and Equity Research, He has extensive experience in managing Indian Equities. He has been successful at identifying themes and stocks at a very early stage which has resulted in multi-bagger returns for the investors. Prior to joining Aditya Birla AMC, he worked with Sanctum Wealth Management as Co-fund Manager in their PMS business. Before Sanctum, Salvin was a part of equity research team at Edelweiss Securities and Athena Investment Management.
Fee Structure
| Fee Structure | Fee |
|---|---|
| Fixed Fee Structure | 2.5 |
| Variable Fee Structures | 1% fixed + 20% above 12% hurdle |
| Exit Fees | 1yr(3%), 2yr(2%) |
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