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Purnartha Vision

Scheme Rating

IME Scheme Rating

3 of 5 stars

Can be considered for investments: While it is still early days of the strategy, we are confident that the team will replicate their performance in their PMS fund as well. We recommend the strategy, however, investors should note that the strategy has higher than usual concentration even within the PMS-AIF universe.

IME Strategy Rating

3 of 5 stars

Concentrated Multi-cap Strategy: Purnartha Focused Equity is a highly concentrated multi-cap portfolio (10-15 holdings) that aims to identify long term investments with high growth potential and strong balance sheets. Purnartha’s focus on concentration in scalable businesses with great operating history and management capability is an attractive strategy.

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 Purnartha Vision

Type: | | AUM (245.6 cr) | Inc Date (28 Jul 2021)

Trailing Performance

1yr 3yr 5yr Since Inception
Purnartha Vision 34.9 13.6
S&P BSE 500 TRI 34.7 18.7
Alpha over Broad Mkt BM 0.2 -5.1
Nifty 500 33.8
Alpha over Category BM 1.1

Performance as of: 31-May-24 | Inception Date: 28-Jul-21

Fund Managers

Rohit Jain | 3-star rated FM

Fund Manager | 16 yrs Experience | 3 yrs at current firm

Past Experience: Lead analyst(Crisil Global)

Fund Manager Profile: Rohit is a Chartered Accountant and holds a Post-graduate diploma in Business Management. He has worked with CRISIL (an S&P Global Company) and Systematix Shares among others and carries over 13 years of experience in Equity Research for Institutional investors. Over the years, he has built extensive knowledge in financial modeling and valuations with sector expertise across major industries. Rohit also keeps himself updated on the latest developments on taxation, auditing, and compliance, which only adds to his existing wealth management and market know-how.

Fee Structure

Fee StructureFee
Fixed Fee Structure
Variable Fee Structures2.5% fixed + 20% above 25% hurdle
Exit Fees

AMC

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

Not a top recommendation as it is still a young AMC at this time : Started in 2011 as a RIA, Purnartha has established their research credentials and stock selection. While it is still early days in the PMS and AIF offerings (launched in 2020), we are positive on the AMC & teams pedigree, and the ability of their research to identify quality ideas. A higher than normal level of concentration makes this more suitable for higher-risk investors.

AMC Rating

3 of 5 stars

AMC Pedigree

4 of 5 stars

AMC Size

4 of 5 stars

Team Pedigree

4 of 5 stars

Inv Philosophy

4 of 5 stars

Performance

3 of 5 stars

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