ValueQuest Platinum

Scheme Rating

IME Scheme Rating

4 of 5 stars

Reasonable Investment Option: A concentrated strategy run by an established AMC with an expreienced invesmtents team

IME Strategy Rating

3 of 5 stars

Concentrated investments in mid-term value creators: ValueQuest Platinum is more actively managed than ValueQuest Growth, with a focus on companies with a strong 1-3 year investment case. The strategy takes highly concentrated positions in top investment ideas (typically 8-12 companies). The high levels of concentration (8-12 companies), can lead to a high level of performance volatility. The concentration makes this a high-risk-reward portfolio.

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 ValueQuest Platinum

Type: Mid & Smallcap | GARP | AUM (1351.8 cr) | Inc Date (24 Jul 2014)

VQ Platinum Strategy

ValueQuest Platinum is a concentrated multi-cap strategy with an investment horizon of 1-3 years for companies. The strategy aims to invest in fundamentally sound companies as per ValueQuest framework that have sector tailwinds, and also in special situations.

Investment Philosophy


  • Opportunity Size: driven by rich in possibilities, high earnings growth, longevity, predictability and scalability
  • Competitive advantage: through networks, IP, regulation, brand, cost structure and switching cost
  • Scalability & Sustainability: driven by replicability, market adjacencies, technology adoption, and reach
  • Management: look for competent management and efficient capital allocators, with aligned interests 
  • Asymmetric Risk-return: through operating leverage, S-curve, and numbers vs narrative

Investment Process

  • Top-down Approach: Supportive macros, improving competitive positioning and developing business tailwinds
  • Bottom-up Approach: Proactive management, strong balance sheet, and attractive risk-return


  • Universe: 500-600 companies based on quality filter through balance sheet strength, management capabilities and competitive positioning
  • Focus Companies: 150-200 companies based on growth filter drive by industry tailwinds, increasing market share, improvement in P/L and balance sheet.
  • Core: 30-50 companies with favourable risk-reward, perception with market and margin of safety

Trailing Performance

1yr 3yr 5yr Since Inception
ValueQuest Platinum 56.1 28.8 31.3 20.8
S&P BSE 500 TRI 39.5 19.5 19 14.3
Alpha over Broad Mkt BM 16.6 9.3 12.3 6.5
Nifty Midcap 150 56.3 26.5 24.4
Alpha over Category BM -0.2 2.3 6.9

Performance as of: 28-Feb-23 | Inception Date: 24-Jul-14

Fund Managers

Ravi Dharamshi | 4-star rated FM

Co-Founder and Portfolio Manager | 21 yrs Experience | 17 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 | 24 yrs Experience | 15 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.

Fee Structure

Fee StructureFee
Fixed Fee Structure2.5
Variable Fee Structures1% fixed fee + 15% above 10% hurdle
Exit Fees1yr(1%), 2yr(1%), 3yr(1%)


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

Highly recommended for a more aggressive and concentrated investment style: ValueQuest has established its credentials as a founder-managed PMS provider, with its experienced fund management team and a strong 10-year track record.

AMC Rating

4 of 5 stars

AMC Pedigree

4 of 5 stars

AMC Size

5 of 5 stars

Team Pedigree

4 of 5 stars

Inv Philosophy

4 of 5 stars


4 of 5 stars

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