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Ambit Emerging Giants

AUM (273 cr) | Inc Date (1-Dec-2017)

Scheme Rating

IME Scheme Rating

3 of 5 stars

Would recommend that investors seeking to invest in this strategy invest instead with the strategy’s original team who now runs a similar strategy at Marcellus.

IME Strategy Rating

5 of 5 stars

Focused on only investing in small caps with market-dominating franchises and a track record of clean accounting, governance and capital allocation, Ambit’s Emerging Giant’s PMS helps reduce a large part of the risk of investing in small caps. The Strategy focuses on investing in 15-20 businesses with minimal or zero leverage and ethical, prudent management. For small-cap investments, the emphasis is on the quality of business and management, a paramount aspect for Ambit

AMC Rating

3 of 5 stars

AMC: Ambit PMS (click link for detailed AMC review)

Ambit PMS is currently rebuilding after key members of the investment team left to start Marcellus in 2018. It may take time for the PMS to stabilize with the new team, so investors interested in companies known for their good and clean reputation may consider investing in Marcellus, which follows a similar strategy.

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).

Ambit Investment Advisors Emerging Giants- Investment Strategy

Ambit PMS’s Emerging GIants portfolio aims to invest in small-cap companies with market-dominating franchises and a track record of clean accounting, governance and capital allocation.

Power of the Giants 

These companies are selected on the basis of:

  • Rigorous business selection process
  • Long term horizon 
  • having a low churn and concentrated portfolio 

Investment Philosophy 

Following a risk minimization philosophy: 

  • Consistent track record 
  • Strong Corporate governance 
  • Market leaders 
  • Clean accounting 
  • Power of compounding

INVESTMENT PROCESS

Filter companies based on two factors:

  • Qualitative factors: Incremental Capex year-on-year, sales growth, PBIT margin, efficiency in capital employed turnover, D/E, equity dilution, CFO.
  • Quantitative factors: Sebi defined small-cap companies, median market-cap Rs.4700 cr, the efficiency of capital allocation, quality of accounts, bottom-up research, and concentrated portfolio of 15-20 companies leading to the low churn of 15-20%.

Trailing Performance

1yr 3yr 5yr Since Inception
Ambit Emerging Giants -6.9 6.6 17.1 13.2
S&P BSE 500 8.4 12.7 16.8 14
Alpha over Broad Mkt BM -15.3 -6.1 0.3 -0.8
Nifty Smallcap 250 5.2 17.3 24.7
Alpha over Category BM -12.1 -10.7 -7.6

Performance as of: 31-Jan-25 | Inception Date: 01-Dec-17

Fund Managers

Siddharth Bothra | 4-star rated FM

FM | 21 yrs Experience | 1 yrs at current firm

Past Experience: Motilal Oswal MF (FM), Aclehmy (Analyst)

Siddharth has more than two decades of experience in equities and asset management. His expertise spans large-cap, midcap, flexicap and hybrid funds. Prior to Ambit, He was in Motilal Oswal for 18 years and was the FM for their Focused 25 and Hybrid Fund.

Fee Structure

Fee Structure Fee
Fixed Fee Structure 2.5
Variable Fee Structures 0% fixed + 15% no hurdle
Exit Fees

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