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Unifi Insider Shadow

Scheme Rating

IME Scheme Rating

The Scheme does not meet our selection criteria at this time

Closed for subscription: The scheme is closed for subscription, and accordingly not under coverage.

IME Strategy Rating

Concentrated Thematic Approach: The strategy dynamically invests across market caps based on promoters’ actions, especially when they buy shares or increase holdings. By closely tracking insider trading, the approach leverages insider knowledge to inform investment decisions. The goal is to capitalize on company insiders’ insights and actions, aiming for enhanced portfolio performance.

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 Unifi Insider Shadow

Type: Thematic | | AUM (556.3 cr) | Inc Date (31 May 2010)

Investment Philosophy

Unifi’s Insider Shadow strategy aims to invest in companies where the promoter has acquired additional shares that seem to be motivated either by an undervalued price or an impending improvement in business prospects. The rationale is that managers and controlling shareholders have a clear advantage over other market participants and are well-positioned to rake sensible investment decisions, especially in the case of small and under-tracked companies. Promoters typically use one or more of the following methods to increase their stake by: 

  1. Preferential issue of shares and/or warrants
  2. Merger of promoter owned private/public companies
  3. Creeping acquisition in open market
  4. Voluntary open offer
  5. Subscribing to unsubscribed public portion in rights issues
  6. Initiating the company to do a buyback either through market purchases or tender offer route

Trailing Performance

1yr 3yr 5yr Since Inception
Unifi Insider Shadow 27.6 14.9 24.6 16.1
S&P BSE 500 TRI 38.3 20 20 14
Alpha over Broad Mkt BM -10.7 -5.1 4.6 2.1

Performance as of: 30-Jun-24 | Inception Date: 31-May-10

Fund Managers

Baidik Sarkar | 4-star rated FM

Fund Manager | 18 yrs Experience | 16 yrs at current firm

Past Experience: Unifi (Corporate Finance), PWC (Strategy Consultant)

Baidik has been with Unifi for over a decade, with core responsibilities of research in the IT, real-estate and the agricultural sectors and assisting the CIO in managing the spin-off and APJ funds.

Sarath K Reddy | 5-star rated FM

CIO | 35 yrs Experience | 23 yrs at current firm

Past Experience: Navia Markets (MD), Stan C (Manager)

Having started his career with Standard Chartered Bank, Sarath founded Unifi Capital in 2001 and has since built the company into one of the leading PMS providers in India. As CIO, he works closely with his investment team to deliver outperformance on Unifi PMS strategies.

Fee Structure

Fee StructureFee
Fixed Fee Structure2
Variable Fee Structures1% fixed
Exit Fees

AMC

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

Highly recommended for aggressive investors seeking thematic strategies: A clearly differentiated thematic investment approach, helps Unifi occupy its own specific position in the market. Consistent delivery across multiple thematic strategies, with a stable home-grown investment team, has helped them scale into one of the largest PMS players in the market.

AMC Rating

5 of 5 stars

AMC Pedigree

5 of 5 stars

AMC Size

5 of 5 stars

Team Pedigree

5 of 5 stars

Inv Philosophy

5 of 5 stars

Performance

5 of 5 stars

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