Clubmillionaire All-Star
Clubmillionaire PMS | Equity | | PMSIME's View on Clubmillionaire All-Star
Strategy
Focus on Companies with Strong Pricing Power
Investment Fund
Clubmillionaire All-Star is a consumer-focused thematic fund with a strong track record spanning over 15 years. We typically do not recommend thematic strategies (as the timing of entry & exit from a theme is very important), but for investors wanting to get specific consumer exposures this fund can be considered.
Fund's Strategy View
Club Millionaire All-Star portfolio strategy focusses on long-term value-oriented opportunities. They look for highly profitable franchises managed by ethical management & prudent capital allocation record at fair valuations.
Fund Performance
The fund has underperformed peers in the last 5yr trailing returns.
IME's View on Clubmillionaire PMS
View on AMC
The AMC has performed well over the long term, but its consumer-focused thematic investment style limits the fund manager's ability to adjust portfolio positioning in response to changing market themes, leading to potentially higher volatility in performance.
AMC's Pedigree
Established in 2007, ClubMillionaire has a strong track record of over 15 years and has scaled up to an AUM size exceeding 2000 crores, demonstrating its AMC pedigree.
AMC Team
ClubMillionaire is a PMS service provider founded by Paresh Sangani, who has over two decades of investing experience and serves as the CIO. He is the sole fund manager, with support from a research team.
Investment Philosophy
ClubMillionaire's investment philosophy is centered on investing in highly profitable consumer franchises led by ethical management teams with a strong record of wise capital allocation. They aim to "Buy 'big' at fair valuations," seeking to invest in dominant, brand-owning consumer businesses at prices that offer a margin of safety.
Investment Strategy
Club Millionaire All-Star Portfolio seeks long-term capital appreciation by investing in highly profitable consumer franchises with strong pricing power and sustainable competitive advantages.
Core Investment Approach
Focus on Profitable Consumer Franchises:
- Target dominant, brand-owning consumer businesses, including credit rating companies, that exhibit strong pricing power and generate substantial cash flows.
Ethical and Passionate Management:
- Invest in companies led by ethical, passionate management teams with a proven track record of wise capital allocation, ensuring shareholder value creation.
Value-Oriented Buying:
- Adopt a value investing approach by purchasing significant positions in identified companies at fair valuations, emphasizing a margin of safety.
Trailing Performance
| 1yr | 3yr | 5yr | Since Inception | |
|---|---|---|---|---|
| Clubmillionaire All-Star | 10.3 | 16 | 17.8 | 17.2 |
| S&P BSE 500 | -6.6 | 14.7 | 19.2 | 14 |
| Alpha over Broad Mkt BM | 16.9 | 1.3 | -1.4 | 3.2 |
Performance as of: 30-Sep-25 | Inception Date: 03-Jun-17 | Performance are post-fees, pre-taxes. Global funds denominated in USD or fund currency.
Investment team
Paresh Sangani | 3-star rated FM
Founder | 23 yrs Experience | 18 yrs at current firm
Paresh Sangani is the Founder of ClubMillionaire. He joined the family business at an early age of 15 years and subsequently, pursued his passion in investing from 2004. The investment approach is derived from his practical business experience In India. He is a Post Graduate in Management from Symbiosis University, India and has had an executive education from Columbia Business School, USA.
