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Joindre Value

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 mutual fund universe.

IME Strategy Rating

Diversified Multicap Strategy: A multi-cap strategy with stock selection based on the understanding that “Sales is Vanity, Profit is Sanity and Cash Flow is Reality”

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 Joindre Value

Type: Flexi Cap | GARP | AUM (56.1 cr) | Inc Date (5 Nov 2018)

Joindre Value Fund- Investment Strategy

Joindre Value Fund is a multi-cap strategy with stock selection focus on cash flows of the companies.

Trailing Performance

1yr 3yr 5yr Since Inception
Joindre Value 26.3 8.8 14.3 14.5
S&P BSE 500 TRI 34.7 18 18 18.2
Alpha over Broad Mkt BM -8.4 -9.2 -3.7 -3.7
Nifty 500 33.8 16.9 16.6
Alpha over Category BM -7.5 -8.1 -2.3

Performance as of: 31-May-24 | Inception Date: 05-Nov-18

Fund Managers

V Jayaram | 3-star rated FM

CIO & Fund Manager

Past Experience: Fund Manager (Shreyas Stocks Pvt Ltd)

V Jayaram is a CA with more than 25 years of experience in equity research and fund management. He is an ardent believer and follower of the value investing philosophy.

Fee Structure

Fee StructureFee
Fixed Fee Structure2.5
Variable Fee Structures1.5% fixed + 20% above 11% hurdle
Exit Fees1yr(1.5%), 2yr(1%), 3yr(1%)

AMC

AMC: Joindre PMS (click link for detailed AMC review)

Not a Recommended AMC: Joindre PMS is yet sub-scale and yet to prove its longer-term investment management credentials. The 1-star rating of the AMC is primarily driven by the AMC still being sub-scale. Since the firm is still sub-scale, we have not done additional evaluations with regards the AMC Pedigree, Investment Philosophy, Team & Performance.

Joindre 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.