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Piper Serica Leader

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

Growth Oriented Investing: Piper Serica Leader Portfolio Strategy identifies Fast Growing Sectors that are benefitting from changing demographic profiles and consumption patterns. The aim is to invest in Leaders in these identified sectors that can compound earnings for a very long period with very little business volatility. The investment strategy is clearly defined and is also adhered to in practice.

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 Piper Serica Leader

Type: Flexi Cap | GARP | AUM (762.1 cr) | Inc Date (26 Jun 2019)

Trailing Performance

1yr 3yr 5yr Since Inception
Piper Serica Leader 40.4 16.4 18.8
S&P BSE 500 TRI 34.7 18 15.5
Alpha over Broad Mkt BM 5.7 -1.6 3.3
Nifty 500 33.8 16.9
Alpha over Category BM 6.6 -0.5

Performance as of: 31-May-24 | Inception Date: 26-Jun-19

Fund Managers

Abhay Agarwal | 4-star rated FM

MD & CIO | 31 yrs Experience | 21 yrs at current firm

Past Experience: Director (JP Morgan Partners, Singapore), AVP (Citibank India)

Abhay Agarwal is an experienced CIO (with past experience as Director at JP Morgan PE Asia), as seen with his long-standing association with Piper Serica Advisors. His experience across market cycles is valuable to Piper Serica’s top-down approach to investing in their strategies.

Fee Structure

Fee StructureFee
Fixed Fee Structure2
Variable Fee Structures
Exit Fees

AMC

AMC: Piper Serica PMS (click link for detailed AMC review)

Not a recommended AMC: Piper Serica has a pretty strong foundation to build a PMS business - a founder-cum-manager CIO with strong experience and a clearly defined investment philosophy. Their domestic PMS business is relatively young (founded in 2019), even though this strategy has been run on an advisory platform for some time. We would wait for the domestic track record to be built up over a few more years & the PMS business to scale further, prior to recommending Piper Serica PMS for investments.

Piper Serica 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.