LnRiLWZpZWxke21hcmdpbi1ib3R0b206MC43NmVtfS50Yi1maWVsZC0tbGVmdHt0ZXh0LWFsaWduOmxlZnR9LnRiLWZpZWxkLS1jZW50ZXJ7dGV4dC1hbGlnbjpjZW50ZXJ9LnRiLWZpZWxkLS1yaWdodHt0ZXh0LWFsaWduOnJpZ2h0fS50Yi1maWVsZF9fc2t5cGVfcHJldmlld3twYWRkaW5nOjEwcHggMjBweDtib3JkZXItcmFkaXVzOjNweDtjb2xvcjojZmZmO2JhY2tncm91bmQ6IzAwYWZlZTtkaXNwbGF5OmlubGluZS1ibG9ja311bC5nbGlkZV9fc2xpZGVze21hcmdpbjowfQ==
Scheme Rating
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 Centrum Good To Great T NRI
Type: Mid & Smallcap | Value | AUM (14.5 cr) | Inc Date (27 Nov 2020)
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Trailing Performance
|
1yr |
3yr |
5yr |
Since Inception |
Centrum Good To Great T NRI |
41 |
20.2 |
|
23.6 |
S&P BSE 500 TRI |
41.1 |
18.4 |
|
25 |
Alpha over Broad Mkt BM |
-0.1 |
1.8 |
|
-1.4 |
Nifty Midcap 150 |
47.4 |
25.2 |
|
|
Alpha over Category BM |
-6.4 |
-5 |
|
|
Performance as of: 30-Sep-24 | Inception Date: 27-Nov-20
Fund Managers
Manish Jain | 3-star rated FM
CIO | 18 yrs Experience | 1 yrs at current firm
Past Experience: Analyst (Nomura, Lehman Bros, Enam, ICICI Sec, Motilal), FM (Ambit)
Manish Jain is the CIO of Centrum PMS. He has a strong research foundation, having worked as a research analyst at Nomura, Lehman Bros, Enam, ICICI Sec and Motilal. His core areas of research focus have been on the consumer & auto sectors.
Abul Fateh | 3-star rated FM
FM | 18 yrs Experience | 0 yrs at current firm
Past Experience: True Beacon (Head of Equities), Baroda BNP MF (FM), Parag Parikh (Analyst), DBS MF (Analyst), Baroda AMC (Analyst)
Abul Fateh has an experience of 18+ years in the Equity Market. He has stints with True Beacon (Head of Equities), Baroda BNP MF (FM), Parag Parikh (Analyst), DBS MF (Analyst), and Baroda AMC (Analyst).
Fee Structure
Fee Structure | Fee |
---|
Fixed Fee Structure | 2.25 |
Variable Fee Structures | 1.5% + 25% above 10% hurdle rate |
Exit Fees | 1yr(1%) |
AMC
AMC: Centrum PMS (click link for detailed AMC review)
AMC in the midst of transition: While Centrum has done well historically in it's mid & small-cap strategies, this has been under a different investment team - Abhishek Anand was a continuing fund manager, under 2 different CIOs (Kunj Bansal & Anil Sarin). In 2023-24, both Abhishek & Sarin quit, and have been replaced by Manish Jain (CIO) & Atul Fateh (FM). While Manish & Atul do come with past fund management experience, it is not very clear how much the investment strategies, philosophies & proceess will change under the new investment team. Until the new Centrum team does not stabalise (we would wait until 2025), we do not actively recommended Centrum strategies - which explains it's lower 2-star rating.
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.