Investment Strategy
Objective: generate superior returns to Nifty 50, while limiting downside
Investment Strategy
- Long-Only (70-85% of portfolio): 15-25 high conviction stocks based on a proprietary screening model
- Long-Short (15-30% of portfolio): tactical positions to enhance returns in strong markets and reduce downside in weak markets | exposures can range from -40% net short in bearish markets, 80% net long in bullish markets and 30% net long in range bound markets
Investment Process (Long Only stock selection)
- Screener driver: Screener run on BSE 200 to shortlist universe to 80 stocks > In-depth analysis of research team to identify 15-25 portfolio companies
- Outside screener: 3-4 stocks (from BSE-500) can be included as turnaround or emerging themes
Investment Process (Long Short Portfolio)
- Invest in derivatives (stocks, Nifty, Bank Nifty)
- Focus on absolute returns across market conditions (low correlation to underlying markets)
Trailing Performance
| 1yr | 3yr | 5yr | Since Inception | |
|---|---|---|---|---|
| Avendus Enhanced Return Fund 2 AIF |
Performance as of: 31-Jan-25 | Inception Date: 01-Nov-18
Fund Managers
Fee Structure
| Fee Structure | Fee |
|---|---|
| Fixed Fee Structure | 2.5 |
| Variable Fee Structures | 1.5% + 15% above Nifty50 benchmamrk |
| Exit Fees | 1yr(2%), 2yr(1%) |
Free 30-Day Trial of the IME RMS
Details shared above, are only a short-snapshot of the more detailed analysis that resides in IME’s Proprietary RMS (Research Management Solution).
The IME RMS is the first tool ever, to give investors direct access to the insights of the central research team. Investors gain direct access to our ratings, rating rationales & analysis across thousands of funds (MFs, PMSs, AIFs, Global funds), asset classes, categories & 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.