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Green Lantern Growth

AUM (900 cr) | Inc Date (8-Dec-2017)

Scheme Rating

IME Scheme Rating

4 of 5 stars

Green Lantern Growth is a concentrated Mid & Small-cap strategy, from a PMS team of senior experienced fund managers. While a relatively newer strategy, the performance has been strong and the team comes with a strong past pedigree. Green Lantern Growth can be considered for investments.

IME Strategy Rating

4 of 5 stars

Green Lantern growth is a concentrated Mid & Small-cap strategy. The strategy seeks to invest in 20-25 companies, with a Mid & Small Cap focus (75-100% of portfolio). The strategy seeks to invest in a portfolio of market leaders with strong balance sheets, superior earnings growth and steady free cash flow generation. Given the circumstances, the strategy can take aggresive cash calls.

AMC Rating

4 of 5 stars

AMC: Green Lantern PMS (click link for detailed AMC review)

Green Lantern has a strong investment team, defined philosophy and process, and has shown good performance since its establishment in 2018, making it a notable boutique investment option in the PMS space.

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).

Investment Philosophy

Green Lantern Growth is a mid and small-cap strategy that aims to invest in market leaders that have the potential to generate healthy ROEs and have a high margin of safety in their valuations.

The portfolio is structured to have 75-100% in mid and small caps and up to 25% in large caps. The strategy follows a concentrated approach with 20-25 stocks in the portfolio.

INVESTMENT FRAMEWORK

  • Quality Companies in Growth Markets: aims to identify strong franchises (industry leaders and strong ROEs), managed by ethical managers operating in large markets.
  • Flexible Approach: combine top-down and bottom-up approaches and occasionally capitalise on tactical opportunities.
  • Principles: focus on absolute return and identify asymmetric risk-return opportunities with a disciplined approach to selling.
  • Risk Conscious: The fund highlights its conscious approach towards valuation risk, earning risk, balance sheet risk and over-ownership risk

Trailing Performance

1yr 3yr 5yr Since Inception
Green Lantern Growth 24.6 47.5 58.1 25
S&P BSE 500 4.8 12.3 24.8 13.7
Alpha over Broad Mkt BM 19.8 35.2 33.3 11.3
Nifty Midcap 150 7.6 19.8 33.6
Alpha over Category BM 17 27.7 24.5

Performance as of: 31-Mar-25 | Inception Date: 08-Dec-17

Fund Managers

Abhishek Bharadwaj | 4-star rated FM

Managing Partner | 22 yrs Experience | 9 yrs at current firm

Past Experience: FM (Star Union Life, ProAlpha, Heritage Investments, Reliance PMS)

Chartered Accountant 19 years of equity market experience Worked with institutions like Care Ratings, Reliance MF, Monsoon Capital, Heritage Capital Last assignment as Head Equity at Star Union Daiichi Life Insurance, managing US 300 mn AUM. Abhishek has exposure to International best practices in Fund Management The Heritage Fund was nominated among the top 5 Hedge funds in India in 2010 by Eureka Hedge.

Anurag Jain | 4-star rated FM

Partner | 24 yrs Experience | 5 yrs at current firm

Past Experience: CIO (Canara HSBC Life), FM (Kotak AMC), Reseach Analyst (IDFC SSKI Securities, SBI MF)

IIM Kolkatta alumnus 19 years of equity market experience Worked with institutions like Kotak MF, SBI SocGen MF Last assignment as CIO at Canara HSBC Life Insurance, US 2 Bn of AUM All funds have been in top quartile of the Industry and ahead of benchmarks by over 5 in 2017 8 13 funds in top quartile of Industry in 2018 Managed Kotak Opportunities Fund, which was nominated as “Best Diversified Equity Fund” by ICRA Mutual Funds Award in 2008.

Nilesh Doshi | 4-star rated FM

CEO & Managing Partner | 37 yrs Experience | 8 yrs at current firm

Past Experience: Way2Wealth (President), Edelweiss (Associate Director)

With over 30+ years of inudstry and equity market experience, Nilesh Doshi is the CEO and Managing Partner at Green Lantern Capital. He has time and again proved to be an eminent expert with a distinguished track record for making accurate predictions, with his calls generating 5 -10x returns.

Pradeep Gokhale | 4-star rated FM

Partner | 35 yrs Experience | 2 yrs at current firm

Past Experience: Tata MF (Sr. FM), ITI MF (Head Equity)

Pradeep Gokhale brings over years of experience to the Green Lantern’s team. He had stints with Tata MF (Sr. FM) for 16 years and ITI MF (Head Equity) 4 years. He is a CA and CFA Charterholder.

Fee Structure

Fee Structure Fee
Fixed Fee Structure
Variable Fee Structures 1.5% Fixed + 12% above 10% hurdle
Exit Fees 1yr (3%), 2yr (2%)

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