Globe Value Driven Approach
Globe PMS | Equity | | PMSIME's View on Globe Value Driven Approach
Strategy
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
Globe value Portfolio aims at investing in blue chips with a smaller portion in midcaps and small caps. The portfolio is designed with a short to medium-term perspective with Moderate risk.
Fund Performance
The fund has outperformed peers in the last 5 year trailing returns. In terms of longer-term annual performance, performance has been consistent, with the fund having outperformed it's benchmark in over 60% of annual calendar years.
IME's View on Globe PMS
View on AMC
We do not recommend investing with Globe Capital PMS without the support of a strong financial services group or fund manager.
AMC's Pedigree
Globe Capital is a small financial services group that is still working to establish itself as a credible PMS provider.
AMC Team
Ajay Khandelwal has over 10 years of experience at Globe, but has limited prior investment experience due to a background in operations rather than financial services investments.
Investment Philosophy
Investment Strategy
The Globe Value Portfolio targets stocks with strong value and growth potential, employing a multicap strategy with active management. It utilizes various derivatives to optimize portfolio yield.
The strategy identifies and seeks to profit from various special situations in the market using a market-neutral approach. It focuses on identifying and investing in candidates with substantial appreciation potential, particularly in sectors or companies experiencing positive changes in their business environment. Derivatives, including stock options and futures, may be utilized to generate alpha and protect portfolio holdings against systematic risk. The strategy also aims to capitalize on event arbitrage and special situations such as mergers and acquisitions, open offers, takeovers, and delistings.
Trailing Performance
| 1yr | 3yr | 5yr | Since Inception | |
|---|---|---|---|---|
| Globe Value Driven Approach | -2.8 | 24.5 | 24.4 | 17.2 |
| S&P BSE 500 | -6.6 | 14.7 | 19.2 | 13.6 |
| Alpha over Broad Mkt BM | 3.8 | 9.8 | 5.2 | 3.6 |
Performance as of: 30-Sep-25 | Inception Date: 26-Oct-07 | Performance are post-fees, pre-taxes. Global funds denominated in USD or fund currency.
Investment team
Parashuram Prasad | 3-star rated FM
Fund Manager | 22 yrs Experience | 18 yrs at current firm
Past Experience: Assistant Fund Manager, and Research Analyst at Globe Capital
Parashuram Prasad has over 15 years of experience in fundamental equity research and fund management in Indian capital market, with over 13 years with Globe PMS. He was a research analyst at Globe capital and was promoted to Assistant Fund Manager before becoming a Fund Manager. He holds an MBA (Finance) and a Bachelor’s degree in Chemistry. He prefers a ‘bottom up strategy' while picking stocks. He has a strong Quantitative aptitude and has enhanced the team’s strategic and tactical Asset Allocation decision making process. He has a keen eye for picking stocks that have strong financials & earnings growth. He focuses on companies having businesses with robust competitive advantages in both terms quantitative & qualitative. He does not believe in theory of timing the market rather his philosophy is to invest in the right stock rather than wait for the right time.
Ankit Agarwal | 3-star rated FM
Director & Head PMS | 17 yrs Experience | 13 yrs at current firm
Past Experience: Article Assistant(PWC)
Mr. Ankit Agarwal is the Director at Globe Group of Companies. He is a Chartered Accountant and a Chartered Financial Analyst by qualification. He is in-charge of the overall Fund Management Division at Globe Capital including PMS, Investment Research and Institutional Investment Advisory. He has a great understanding and in-depth knowledge of Indian Capital Markets, Macro and Micro economic factors driving the economy.He heads the Wealth Management and PMS division at Globe guiding the team with the investment decision making process and the overall fund management activities. He has a special acumen for value investing and identifying multi-bagger companies with good quality management. He also has expertise in special situation arbitrage and use of derivatives to make use of various opportunities in the market.
