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Right Horizons AlphaBots Prime

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

Quant-Based Strategy: Alphabots have a unique AI methodology, which is developed and improvised over the years by a team of researchers and data scientists and has demonstrated performance. This advantage is driven by their Systematic, Scientific, and Replicable methodology which works across assets, regions, styles, and mandates.

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 Right Horizons AlphaBots Prime

Type: Large & Midcap | Quant | AUM ( cr) | Inc Date (26 Apr 2019)

Right Horizons Alphabots- Investment Strategy

Alphabots is a diversified large cap focused fund. Their aim is to deliver superior risk adjusted return with the use of AI Framework for stock selection.

 Investment Process

  • RH Screener: RH screen from a universe of 1300 companies based on ROE, ROCE, PAT Growth, Promoter holding, etc. 
  •  RH Scorecard: Their Stock Evaluation Framework is built based on the emphasis on Valuation and Return Ratios, Forensic Filters and Selected line items from Financial Statements. 
  • RH Risk Radar: Their Risk Evaluation Criteria looks at regulatory changes to be able to capture business risk, limit sector and stock level exposure and re-balance portfolio.
  • RH Pendulum: Stock re-balancing framework giving focus on both fundamental levels and opportunistic technical levels. 

Portfolio Construction

Core Portfolio: Capital Efficient high growth companies ~ 80% portfolio allocation 

Satellite Portfolio: Companies with turnaround stories/ Contrarian bets having higher margin of safety and greater risk-reward potential ~ 20% portfolio allocation

Trailing Performance

1yr 3yr 5yr Since Inception
Right Horizons AlphaBots Prime
S&P BSE 500 TRI
Alpha over Broad Mkt BM
Nifty 500
Alpha over Category BM

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

Fund Managers

Anil Rego | 3-star rated FM

Founder & CEO | 27 yrs Experience | 21 yrs at current firm

Past Experience: Manager – M&A and Business Planning (Wipro)

Anil Rego started his career with Wipro Technologies with roles in Business Planning and Mergers and Acquisitions. Later, in Oct 2003, he went on to start Right Horizons (with an initial focus on wealth management). Anil has also served as a member, Board of Governors, at IBSAF.

Piyush Sharma | 3-star rated FM

Portfolio Manager | 20 yrs Experience | 13 yrs at current firm

Past Experience: Co-Founder and Portfolio Manager (Metis Capital Management Ltd.), Principal (Contravest Associates), Senior Equity Analyst & VP (Longbow Research)

Prior to joining Right Horizon, Piyush Sharma’s experience was as an international investor investing in India through listed equity-focused offshore and onshore structures. The experience runs across several industries in the USA and India, including Business Services, Auto & Auto parts, Consumer Products, Specialty Retail, Consumer Finance, and Special Situations.

Fee Structure

Fee StructureFee
Fixed Fee Structure2.5
Variable Fee Structures1.25% fixed + 15% above 10% hurdle
Exit Fees1yr(2%), 2yr(1%)

AMC

AMC: Right Horizons PMS (click link for detailed AMC review)

Not a recommended AMC: While Right Horizons has matured and also developed a certain level of scale & performance, we would still wait a bit prior to recommending Right Horizons for investments - primarily on account of the high level of volatility in annual performance which we would like to first see stabilise.

Right Horizons 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.