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Lake Water Growth

Scheme Rating

IME Scheme Rating

The Scheme does not meet our selection criteria at this time

Not under coverage: This scheme is currently not under our coverage universe.

IME Strategy Rating

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 Lake Water Growth

Type: Large & Midcap | GARP | AUM (101.4 cr) | Inc Date (20 Jun 2019)

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

1yr 3yr 5yr Since Inception
Lake Water Growth 29 9.2 11.9
S&P BSE 500 TRI 39.5 19.5 15.4
Alpha over Broad Mkt BM -10.5 -10.3 -3.5
Nifty 500 38.4 18.1
Alpha over Category BM -9.4 -8.9

Performance as of: 28-Feb-23 | Inception Date: 20-Jun-19

Fund Managers

Pankaj Singhania | 2-star rated FM

Co-Founder | 5 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.

Fee Structure

Fee StructureFee
Fixed Fee Structure2.5
Variable Fee Structures1.5% fixed + 15% above 10% hurdle
Exit Fees

AMC

AMC: Lake Water PMS (click link for detailed AMC review)

Not a recommended AMC: Lake Water PMS is too nascent a PMS to recommend investments in.

Lake Water 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.

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