ALFAccurate AAA Budding Beasts
ALFAccurate PMS | Equity | | PMSIME's View on ALFAccurate AAA Budding Beasts
Strategy
Highly Diversified Mid & smallcap strategy
Investment Fund
AlfAccurate is a strong option for investors looking at mid and small-cap specific strategies, primarily due to the strength of their core investment team, their lower-risk investment approach (diversification & risk controls) and the proven track record of their longer-running strategies.
Fund's Strategy View
Strong investment philosophy and rationale for mid and small-cap exposure. The investment team at ALFaccurate established strong execution capabilities of their 3M investment framework (focus on market size, the margin of safety and market share) over the past 10 years through various aged strategies. This diversified strategy is in line with ALFAccurate's philosophy of running strong risk controls to provide superior risk-adjusted returns for investors, this has been followed consistently. A more diversified strategy does help reduce the high volatility & company risks inherent in mid & small-cap investing.
Fund Performance
We refrain from evaluating the fund since it is yet to mature (less than 5 years).
IME's View on ALFAccurate PMS
View on AMC
AlfAccurate Advisors is a boutique Portfolio Management Services (PMS) firm with over 15 years of track record, led by a pedigreed team with proven fund management expertise.
AMC's Pedigree
ALFAccurate, founded by an experienced fund manager with a strong track record, has over 10 years of consistent success managing a highly diversified portfolio, making it a top choice for investors looking to grow their wealth.
AMC Team
Before founding AlfAccurate Advisors, Rajesh Kothari built a strong track record in fund management—delivering consistent first-quartile performance at DSP Mutual Fund, growing AUM from $100 million to $1.5 billion, and earning multiple fund manager awards. He also managed a US-based India-focused fund, Voyager. In 2014, he was joined by Govind Agarwal, a seasoned investment professional with over 30 years of experience, including roles at Reliance AMC and UBS. Together, they form a highly experienced and stable investment team that has been at the core of AlfAccurate for over a decade.
Investment Philosophy
AAA follows a dual framework—DSD for capital protection and 3M for wealth creation. The DSD framework focuses on diversification across sectors and market caps, a staggered entry approach, and a disciplined exit strategy based on growth assumptions, valuation comfort, or capital reallocation. The 3M framework emphasizes investments in companies with a large Market size, dominant Market share, and a strong Margin of safety (valuation comfort). They rely on a forensic and fundamental process—evaluating corporate governance, cash flow quality, reinvestment ability, and management practices—before stock inclusion. Their internal checks and longevity filters help mitigate risk and build a durable portfolio.
Investment Strategy
ALFaccurate AAA Budding Beats is a diversified predominantly small and mid-cap strategy. It intends to invest in 30-60 companies which are market leaders with strong corporate governance and high growth potential with 3-5 years investment horizon.
The strategy aims to benefit from the strong beneficiaries of mid and small-cap on the back of a strong economic recovery post covid impact.
- Play Sectoral Leaders: invest in small-cap companies with large profit sizes with a current leadership position in the sector
- Significant Growth Opportunity: on the back of a strong economic recovery, small and mid-cap companies can lead to superior returns due to high growth opportunities
- Value Identification: Alfaccurate has a proven track record of identifying multibaggers
Investment Philosophy
ALFAccurate PMS follows a 3M Investment Approach, by focusing on the Market size, Margin of safety, and Market Share backed by ‘Right Balance Sheet’, ‘Right Management’, and ‘Right Governance’. In essence, ALFAccurate follows a GARP philosophy (growth at a reasonable price).
- Market Size: Identify large opportunities for the companies to capture
- Market Share: Identify leaders in the sectors
- Margin of Safety: Buy companies at a reasonable valuation with the above-mentioned criteria.
Portfolio Construction and Risk Management
ALFAccurate AAA Focus Plan invests in up to 30 companies. The strategy also has a clearly articulated risk management framework:
- Mid/small-cap exposure: 65-100%
- Large-cap exposure: 0-35%
- Max weightage in one stock: 10%
- Max weightage in one sector: 30%
- Max weightage in top-10 stocks: 50%
Trailing Performance
| 1yr | 3yr | 5yr | Since Inception | |
|---|---|---|---|---|
| ALFAccurate AAA Budding Beasts | -4.7 | 24.2 | 26.4 | |
| S&P BSE 500 | -6.6 | 14.7 | 16.6 | |
| Alpha over Broad Mkt BM | 1.9 | 9.5 | 9.8 | |
| Nifty Midcap 150 | -5.7 | 21.8 | ||
| Alpha over Category BM | 1 | 2.4 |
Performance as of: 30-Sep-25 | Inception Date: 01-Jan-21 | Performance are post-fees, pre-taxes. Global funds denominated in USD or fund currency.
Investment team
Govind Agarwal | 4-star rated FM
Director | 32 yrs Experience | 12 yrs at current firm
Past Experience: Reliance MF (FM) / UBS Securities (Equity Sales) / Motilal Oswal (Equity Sales)
A seasoned equity professional, Govind has over 2 decades of equity experience across fund management and institutional equity sales at top AMCs (Reliance MF) and institutional equity brokerage firms (UBS, Motilal).
Rajesh Kothari | 5-star rated FM
CIO | 29 yrs Experience | 16 yrs at current firm
Past Experience: Voyager (FM), DSP ML (FM)
Rajesh is the founder of AlfAccurate Advisors, which he set up in 2009, after a strong track record in equity fund management at DSP ML & Voyager. During his tenure at DSP ML, the AUM increased from $100 mn to $1.5 bn and the funds he managed consistently ranked in the top quartile of performance.
