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Scheme 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 SageOne PMS
Type: RE PE | Commercial RE | AUM ( cr) | Inc Date (5.2)
Trailing Performance
|
2023 |
2022 |
2021 |
2020 |
2019 |
2018 |
2017 |
2016 |
2015 |
2014 |
SageOne Small Cap |
35.19 |
-9.6 |
81.3 |
|
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|
S&P BSE 500 TRI |
26.6 |
4.8 |
30.3 |
|
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|
Alpha (over Broad Mkt BM) |
8.6 |
-14.4 |
51 |
|
|
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|
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|
|
Nifty Smallcap 250 |
48.1 |
-4.9 |
60.1 |
|
|
|
|
|
|
|
Alpha (over Category BM) |
-12.9 |
-4.7 |
21.2 |
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Fund Managers
Recommened only for Very Aggressive Investors: SageOne Small & Micro-cap run a substantially higher risk portfolio, even compared to other small-cap strategies. While this has the potential to deliver strong outperformance, this comes accompanied by the potential risk of large capital losses. We would recommend this primarily for more aggressive investors. Recommened only for Very Aggressive Investors: SageOne Small & Micro-cap run a substantially higher risk portfolio, even compared to other small-cap strategies. While this has the potential to deliver strong outperformance, this comes accompanied by the potential risk of large capital losses. We would recommend this primarily for more aggressive investors. Concentrated Small & Microcap Strategy: Having already established the mid and small-cap execution credibility through the Core portfolio, this strategy goes down the market cap curve into the micro-cap territory. If execution continues well, this is a very good strategy for investors looking for small and micro-cap exposure. The market cap focus of 500 - 5000 cr is well below the market cap that most institutional fund managers focus on. Small & Micro-caps as a space are inherently volatile (especially micro-caps, where volatility can be substantially higher than even small-caps, which is where most FMs stay away from this space). Adding concentration in this segment increases the risk further. Investors should expect potential high volatility in this strategy (with periods of high outperformance & also high potential underperformance).Concentrated Small & Microcap Strategy: Having already established the mid and small-cap execution credibility through the Core portfolio, this strategy goes down the market cap curve into the micro-cap territory. If execution continues well, this is a very good strategy for investors looking for small and micro-cap exposure. The market cap focus of 500 - 5000 cr is well below the market cap that most institutional fund managers focus on. Small & Micro-caps as a space are inherently volatile (especially micro-caps, where volatility can be substantially higher than even small-caps, which is where most FMs stay away from this space). Adding concentration in this segment increases the risk further. Investors should expect potential high volatility in this strategy (with periods of high outperformance & also high potential underperformance).Highly recommended for aggressive investors looking for significant value creation opportunities: SageOne has a clear investment philosophy that focuses on investing in fast growth & high-quality businesses for the long run. Their CIO Samit Vartak has developed his investment credentials at SageOne, and with close to a decade's track record he may now be considered a seasoned investor. Supported by a strong research team and a strong philosophy, SageOne PMS is a good AMC for investors seeking mid & small-cap exposures.Highly recommended for aggressive investors looking for significant value creation opportunities: SageOne has a clear investment philosophy that focuses on investing in fast growth & high-quality businesses for the long run. Their CIO Samit Vartak has developed his investment credentials at SageOne, and with close to a decade's track record he may now be considered a seasoned investor. Supported by a strong research team and a strong philosophy, SageOne PMS is a good AMC for investors seeking mid & small-cap exposures.Reasonably seasoned Team that has seen a lot of churn: Samit Vartak comes with a strong investment background, and he is supported by a 4 person research analyst team with a reasonable amount of experience. One concern is that the team has seen churn at the senior level, with Manish & Kuntal (co-founders of the business) having left SageOne in 2016.Reasonably seasoned Team that has seen a lot of churn:mSamit Vartak comes with a strong investment background, and he is supported by a 4 person research analyst team with a reasonable amount of experience. One concern is that the team has seen churn at the senior level, with Manish & Kuntal (co-founders of the business) having left SageOne in 2016.Mature Fund: With a 5 year+ track record, the fund has matured and investors should have an ability to guage performance of the fund across market condititions.Mature Fund: With a 5 year+ track record, the fund has matured and investors should have an ability to guage performance of the fund across market condititions.Strong Start: The performance of SageOne Small & Microcap has been strong since inception, having outperformed benchmarks in CY21 and CY23. The strategy is however young (launched in Apr-2019), and is yet to build its long-term track record (especially how it performs in weak small & mid-cap market environments). While the pedigree of the AMC and FM lend credibility to the strategy for now, we expect the strategy to have a volatile performance as is the case with any small cap strategy.Strong Start: The performance of SageOne Small & Microcap has been strong since inception, having outperformed benchmarks in CY21 and CY23. The strategy is however young (launched in Apr-2019), and is yet to build its long-term track record (especially how it performs in weak small & mid-cap market environments). While the pedigree of the AMC and FM lend credibility to the strategy for now, we expect the strategy to have a volatile performance as is the case with any small cap strategy.
AMC
AMC: (click link for detailed AMC review)
Note: PMS AMC & Scheme Reviews and Ratings are based on IME Capital’s Proprietary Review and Rating Methodology (read more here: AMC Rating & Scheme Ratings). These reflect the unbiased views of our central research team, based on our assessment of the investment value of these PMS/AIF strategies for our investors. We follow a highly stringent rating-criteria, where approximately 50% of PMS AMC’s & strategies would be rated 2-star or below (this is not meant to indicate that these funds are not investment-worthy, but that they do not currently fulfill the requirements we focus on for recommending funds to our investors — based on our internal views on the merit of the AMC/strategy relative to peers). Reviews & Ratings are primarily based on research of publicly available information (SEBI disclosures, PMS websites, PMS-aggregation platforms, webinar recording, media interviews etc.) and no explicit consent is required from AMCs for the same. While we endeavour to do further due-diligence via direct interactions with the investment teams of AMCs, this is typically restricted to AMC’s that meet our foundational fund selection criteria (reviews on lower-rated AMCs are often based solely on publicly available information). The views reflected in our Reviews & Ratings, are our independent views and may not be shared by the AMC’s and the investment teams. Please read detailed disclaimer for more.