ALFAccurate AAA Opportunity
ALFAccurate PMS | Equity | | PMSIME's View on ALFAccurate AAA Opportunity
Strategy
Highly Diversified Flexicap strategy
Investment Fund
AlfAccurate IOP (India Opportunity Plan) is a very good option for investors, seeking to invest in PMS's but desire a lower level of volatility than more concentrated strategies. The strategy benefits from a very strong longer-term track record (especially in terms of risk-adjusted returns in the context of high levels of diversification), and a strong & stable investments team.
Fund's Strategy View
AAA IOP PMS is a portfolio of 40-60 companies which are Market leaders with strong corporate governance and high growth potential with investment horizon of 3-5 years. The strategy mandates a minimum 40% exposure to Large Cap stocks, with the flexibility to allocate the remaining portion based on the fund manager's perspectives.
Fund Performance
Fund returns are largely in-line with category average returns over the past 5 years. In terms of longer-term annual performance, performance has been consistent, with the fund having outperformed it's benchmark in over 60% of annual calendar 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 Philosophy
AAA IOP (India Opportunity Plan) runs a diversified multi-cap portfolio (40-60 companies) of market leaders that have strong corporate governance and high growth potential.
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.
Strong Risk Management Controls
ALFAccurate AAA IOP invests in a minimum of 30 companies. The strategy also has a clearly articulated risk management framework:
- Large-cap exposure: 40-100%
- Mid/small-cap exposure: 0-60%
- Max weightage in one stock: 10%
- Max weightage in one sector: 35%
- Max weightage in top-10 stocks: 50%
Trailing Performance
| 1yr | 3yr | 5yr | Since Inception | |
|---|---|---|---|---|
| ALFAccurate AAA Opportunity | -6.7 | 17 | 21.1 | 18.1 |
| S&P BSE 500 | -6.6 | 14.7 | 19.2 | 12.7 |
| Alpha over Broad Mkt BM | -0.1 | 2.3 | 1.9 | 5.4 |
Performance as of: 30-Sep-25 | Inception Date: 23-Nov-09 | 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.
