facebook

ValueQuest FasterCap

AUM (17 cr) | Inc Date (1-Aug-2024)

Scheme Rating

IME Scheme Rating

4 of 5 stars

The strategy’s objective of focusing on emerging themes based on structural changes without diluting the rigour of company selection makes it relatively agile compared to their other strategies. While this is a new fund, the strategy and the strong pedigree of the AMC/Team provide a solid foundation.

IME Strategy Rating

3 of 5 stars

ValueQuest FacterCap follows an Industry Inflexion Framework, which involves selecting a few focused themes (15-25 stocks) based on the Macro Cycle, Industry Cycle, Business Cycle, and Valuation Cycle. These themes/companies are pursued for a rolling period of 3-5 years, after which the companies are reassessed and aligned with the current themes identified through this framework. The lack of guardrails on how many themes the portfolio would be invested at any point in time is unclear, thereby making it similar to an aggressive flexi-cap strategy.

AMC Rating

4 of 5 stars

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

ValueQuest is a founder-managed PMS provider with an experienced fund management team and a strong 10-year track record.

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).

Investment Strategy

ValueQuest FasterCAP is a Category III AIF, designed to invest in companies experiencing scale transformation and benefiting from multi-year structural trends. The fund follows a long-only, multi-cap, sector-agnostic approach, leveraging the Growth at Inflexion Points (GRIP) framework to identify businesses with non-linear growth potential.

Core Investment Approach

Growth at Inflexion Points (GRIP) Strategy:

  • Identifies sectors and companies undergoing major business transformations, leading to scale changes.
  • Focuses on emerging industry leaders, challengers, and disruptors with long-term growth potential.

S.C.A.L.E. Framework for Stock Selection:

  • Scalability: Businesses positioned for exponential growth.
  • Competitive Advantage: Strong market positioning and moats.
  • Adaptive Business Model: Ability to adjust to evolving industry trends.
  • Long Runway for Growth: Sustainable revenue and earnings expansion.
  • Execution Excellence: Proven management and financial strength.

Investing in Both Listed & Pre-IPO Companies:

  • The fund allocates up to 25% to pre-IPO opportunities, capturing early-stage market entry advantages.
  • Invests in high-quality, high-growth businesses before they achieve full market recognition.

Sector & Market Cap Flexibility:

  • A Concentrated portfolio of 15-25 stocks
  • Balanced exposure across large, mid, and small caps, depending on risk-reward dynamics.

Trailing Performance

1yr 3yr 5yr Since Inception
ValueQuest FasterCap 7.2
S&P BSE 500 -10.11
Alpha over Broad Mkt BM 17.3
S&P BSE 500
Alpha over Category BM

Performance as of: 31-Mar-25 | Inception Date: 01-Aug-24

Fund Managers

Ravi Dharamshi | 4-star rated FM

Co-Founder and Portfolio Manager | 22 yrs Experience | 18 yrs at current firm

Past Experience: Analyst (RARE Enterprises)

Ravi Dharamshi is the Founder & CIO of ValueQuest Investment Advisors. He has an MBA in Finance from McCallum Business School, US. He returned from the US after a brief internship stint at Salomon Smith Barney. He has been associated with the Indian stock markets for over 21 years. After graduating, he worked his way up through the stock market business, spending four years at RARE Enterprises under the aegis of Rakesh Jhunjhunwala and Utpal Sheth, where he was involved with in-depth research and private equity deals.

Sameer Shah | 4-star rated FM

Co-Founder and Portfolio Manager | 25 yrs Experience | 16 yrs at current firm

Past Experience: Head Business Development (Centrum)

Sameer Shah is the Co-Founder and Portfolio Manager of ValueQuest. He holds a Chartered Accountancy degree with over 22 years of capital markets experience. Previously, he was vice president of business development at FCH Centrum, BRICS Securities, and Share.

Varun Goenka | 4-star rated FM

Portfolio Manager | 20 yrs Experience | 4 yrs at current firm

Past Experience: Co-Fund Manager (Nippon India AMC), Senior Analyst (JM Financial)

Varun Goenka is the Managing Partner and Portfolio Manager at ValueQuest. He has 19 years of experience and prior to ValueQuest, He has stints withh Anand Rathi Securities (Trader), JM Financial (Sr. analyst) and Nippon AMC (Fund Manager).

Fee Structure

Free 30-Day Trial of the IME RMS

Details shared above, are only a short-snapshot of the more detailed analysis that resides in IME’s Proprietary RMS (Research Management Solution).

The IME RMS is the first tool ever, to give investors direct access to the insights of the central research team. Investors gain direct access to our ratings, rating rationales & analysis across thousands of funds (MFs, PMSs, AIFs, Global funds), asset classes, categories & more.

 Learn More