Scheme Rating
IME Scheme Rating
The Scheme does not meet our selection criteria at this time
Not a recommended 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.
IME Strategy Rating
Multicap Strategy: 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.
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 Globe Value Driven Approach
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 | 41.2 | 30.6 | 32.3 | 27.6 |
| S&P BSE 500 TRI | 41.1 | 18.9 | 22.9 | 10.7 |
| Alpha over Broad Mkt BM | 0.1 | 11.7 | 9.4 | 16.9 |
| Nifty 500 | 40.2 | 17.7 | 21.5 | |
| Alpha over Category BM | 1 | 12.9 | 10.8 |
Performance as of: 31-Aug-24 | Inception Date: 26-Oct-07
Fund Managers
Ankit Agarwal
Director & Head PMS | 16 yrs Experience | 12 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.
Parashuram Prasad
Fund Manager | 21 yrs Experience | 17 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.
Fee Structure
| Fee Structure | Fee |
|---|---|
| Fixed Fee Structure | 2.5 |
| Variable Fee Structures | 1% fixed + 10-20% above 10% hurdle |
| Exit Fees | 1yr (3%), 2yr (2%), 3yr (1%) |
AMC
AMC: Globe PMS (click link for detailed AMC review)
Not a recommended AMC: Without the backing of either a strong financial services group or a strong fund manager, we do not recommend Globe Capital PMS for investments.
Globe PMS does not meet our criteria for PMS AMC Selection at this time. Understand our AMC rating criteria at AMC Rating Criteria or contact us via the LiveChat to learn 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.