Anand Rathi MNC
Anand Rathi PMS | Equity | | PMSIME's View on Anand Rathi MNC
Strategy
MNC Focused Thematic Portfolio
Investment 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.
Fund's Strategy View
Anand Rathi's MNC Portfolio is a concentrated MNC-focused portfolio, that aims to invest in 15 - 20 MNC stocks (~50% into the large-cap). Sectorally well-diversified portfolio. The strategy aims to benefit from the advantage of MNC companies - successful business model, healthy balance sheet, strong corporate governance, higher return ratio and favourable risk-adjusted returns.
Fund Performance
The fund has underperformed peers & is amongst the worst performing schemes in this category in the last 5 year trailing returns. In terms of longer-term annual performance, performance consistency has been mixed, with the fund having outperformed & underperformed the bechmark roughly in half the years.
IME's View on Anand Rathi PMS
View on AMC
Anand Rathi PMS, despite being part of the larger Anand Rathi group, has not achieved significant growth or recognition in the PMS industry due to lack of experienced fund managers and a defined investment philosophy. Therefore, we do not recommend investing in Anand Rathi PMS.
AMC's Pedigree
Anand Rathi group's equity research is strong, but their PMS service has not been successful in growing and remains a small part of the business.
AMC Team
Mayur Shah is an experienced fund manager at Anand Rathi group for over 10 years.
Investment Philosophy
Anand Rathi PMS does not have a set investment philosophy at the PMS level; instead, the philosophy is determined at the scheme level.
Anand Rathi MNC PMS- Investment Strategy
The Anand Rathi MNC PMS is a concentrated thematic portfolio of 15-20 MNC stocks, with 50% large capitalisation exposure. The criterion for selection is based on – successful business model, healthy balance sheet, strong corporate governance, higher return ratio, and favorable risk-adjusted returns.Trailing Performance
| 1yr | 3yr | 5yr | Since Inception | |
|---|---|---|---|---|
| Anand Rathi MNC | -8 | 10.4 | 15.1 | 12.1 |
| S&P BSE 500 | -6.6 | 14.7 | 19.2 | 14.5 |
| Alpha over Broad Mkt BM | -1.4 | -4.3 | -4.1 | -2.4 |
Performance as of: 30-Sep-25 | Inception Date: 28-Mar-18 | Performance are post-fees, pre-taxes. Global funds denominated in USD or fund currency.
Investment team
Mayur Shah | 3-star rated FM
Fund Manager | 20 yrs Experience | 19 yrs at current firm
Past Experience: AVP-PMS
Mr. Mayur Shah is Fund Manager for PMS's run at Anand Rathi, he has done post graduation in MBA Finance and CFP. He has more than 15 years of rich experience in Investment advisory, Product Development and Portfolio Management. He had Started Career with Kotak Securities Ltd in 2005 as an Investment Advisor subsequently got into developing Equity products and running the same. From last 13 years he is part of Anand Rathi group and worked across Portfolio Management and Private Client Group Equity Advisory. Recently, the MNC fund being managed by him has been featured in top 3 pms based on 1 year performance in economic times.
