Scheme Rating
IME Scheme Rating
The Scheme does not meet our selection criteria at this time
Not a recommended fund: This is not a recommended fund, primarily because the AMC does not meet our selection criteria. We believe that there are better fund houses to invest in, within the Indian fund universe.
IME Strategy Rating
Concentrated Multi-cap Strategy: Anand Rathi’s Impress PMS is a Multicap aggressive concentrated portfolio of 15 – 20 stocks with 70%+ into the mid and small-cap. Sectorally well-diversified portfolio. Focus more on growth strategy with companies with better margins, return ratio, corporate governance and earnings visibility.
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 Anand Rathi Impress
Anand Rathi Impress PMS- Investment Strategy
The Anand Rathi Impress PMS is an aggressive multi cap concentrated portfolio. The portfolio consists of 15-20 stocks with >70% in mid and small-cap. The strategy is sector agnostic.
Trailing Performance
| 1yr | 3yr | 5yr | Since Inception | |
|---|---|---|---|---|
| Anand Rathi Impress | 49.4 | 23.9 | 31.7 | 17.2 |
| S&P BSE 500 TRI | 41.1 | 18.9 | 22.9 | 17 |
| Alpha over Broad Mkt BM | 8.3 | 5 | 8.8 | 0.2 |
| Nifty 500 | 40.2 | 17.7 | 21.5 | |
| Alpha over Category BM | 9.2 | 6.2 | 10.2 |
Performance as of: 31-Aug-24 | Inception Date: 31-May-17
Fund Managers
Mayur Patel | 4-star rated FM
FM – Equity | 19 yrs Experience | 6 yrs at current firm
Past Experience: DSP Blackrock (VP), Spark Capital (VP), Crisil (Equity Research)
Mayur Patel is Senior Executive Vice President at 360 ONE. Mayur has 18 years of experience, including 15 years in the investment research and management domain. Prior to this, he was associated with DSP Investment Managers, where he was a fund manager for the equity portfolios of DSP BlackRock Equity Savings Fund and MIP Fund. He joined DSP in September 2013 as an Analyst in the Equities team. He has previously worked with Spark Capital as Lead Analyst, Energy in their institutional broking division and prior to that, been a part of Tata Motors and CRISIL. He is a CA & CFA.
Fee Structure
| Fee Structure | Fee |
|---|---|
| Fixed Fee Structure | 2.5 |
| Variable Fee Structures | |
| Exit Fees | 1yr(2%), 2yr(1%) |
AMC
AMC: Anand Rathi PMS (click link for detailed AMC review)
Not a recommended AMC: Despite being around for many years, Anand Rathi PMS has failed to scale or build a substantial name for itself in the PMS industry (despite being part of the larger Anand Rathi group). Without a highly seasoned fund manager or a clearly defined investment philosophy, we do not see any reason to recommend investments in Anand Rathi PMS.
Anand Rathi PMS does not meet our criteria for PMS AMC Selection at this time. Understand our AMC rating criteria at AMC Rating Criteria or contact us via the LiveChat to learn more.
Note: PMS AMC & Scheme Reviews and Ratings are based on IME Capital’s Proprietary Review and Rating Methodology (read more here: AMC Rating & Scheme Ratings). These reflect the unbiased views of our central research team, based on our assessment of the investment value of these PMS/AIF strategies for our investors. We follow a highly stringent rating-criteria, where approximately 50% of PMS AMC’s & strategies would be rated 2-star or below (this is not meant to indicate that these funds are not investment-worthy, but that they do not currently fulfill the requirements we focus on for recommending funds to our investors — based on our internal views on the merit of the AMC/strategy relative to peers). Reviews & Ratings are primarily based on research of publicly available information (SEBI disclosures, PMS websites, PMS-aggregation platforms, webinar recording, media interviews etc.) and no explicit consent is required from AMCs for the same. While we endeavour to do further due-diligence via direct interactions with the investment teams of AMCs, this is typically restricted to AMC’s that meet our foundational fund selection criteria (reviews on lower-rated AMCs are often based solely on publicly available information). The views reflected in our Reviews & Ratings, are our independent views and may not be shared by the AMC’s and the investment teams. Please read detailed disclaimer for more.