Lake Water Growth

Lake Water PMS | Equity | | PMS

IME's View on Lake Water Growth

Strategy

High-growth, diversified investments.

Investment Fund

This scheme is currently not under our coverage universe.

Fund's Strategy View

Lake Water Growth fund aims to invest in high-growth companies with strong financials and competitive advantages in order to generate long-term capital appreciation for investors. The fund typically focuses on companies in the technology, consumer discretionary, and healthcare sectors.

Fund Performance

The fund has underperformed peers & is amongst the worst performing schemes in this category in the last 5 year trailing returns. In terms of longer-term annual performance, performance consistency has been mixed, with the fund having outperformed & underperformed the bechmark roughly in half the years.

IME's View on Lake Water PMS

View on AMC

The 1-star rating of Lake Water PMS 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.

AMC's Pedigree

AMC Team

Investment Philosophy

Lake Water Advisors Lake Water- Investment Strategy

Lake Water Advisors’ Lake Water is a multi-cap strategy. The guiding principles are corporate governance, competitive moat, margin of safety, research and development, innovation, asset-light, debt-free, and patience.

Investment Philosophy 

  • Asset Light– Lakewater PMS focuses on asset light models as they lead to better return on assets, lower profit volatility, flexibility and scale-driven cost savings. This in turn ensures lesser load on fiscal performance via models. Asset light models are used as an instrument to constantly battle market disruptions better. 
  • Sound Corporate Governance-Focus on corporate governance helps to attract domestic and foreign investors. A company’s trajectory is well defined by its compliance with governing rules. Companies that have an efficient governance can achieve financing, maintain share value, improve long term sustainability, and have transparency in reporting. 
  • Debt Free– Seek for companies that have no or low debt businesses which are low-risk investments. Businesses that have low debt are least affected by a regressive economy or leap in interest rates. The precursor here being protected from fluctuating interests has a better way of dealing with fiscal formalities. 
  • Research and Development– Lakewater PMS believes in replicating efforts backed by unfaltering research. Lakewater PMS invests in companies that invest their time in revolutionary research and whose creations stand out. Lakewater seek to invest in firms creations. 

Trailing Performance

1yr3yr5yrSince Inception
Lake Water Growth-6.66.114.69.9
S&P BSE 500-6.614.719.213.7
Alpha over Broad Mkt BM0-8.6-4.6-3.8

Performance as of: 30-Sep-25 | Inception Date: 20-Jun-19 | Performance are post-fees, pre-taxes. Global funds denominated in USD or fund currency.

Investment team

Pankaj Singhania | 2-star rated FM

Co-Founder | 7 yrs at current firm

Pankaj Singhania is a CA and a former Civil Servant. He has more than 25 years of experience across corporate assessment, international taxation, investigation, system scrutiny among other things.

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