Scheme Rating
IME Scheme Rating
Concentrated Flexi-Cap Approach: The Strategy aim to invest in concentrated portfolio (20-25 stocks) accross market cap in high growth businesses that are existing leaders in their field of operations. The strategy prioritizes high-quality businesses that are corporate leaders (in their respective industry), leveraging their competitive advantages for a robust capital preservation stance and the potential for capital appreciation.
IME Strategy Rating
Not a top recommendation due to being an AMC-driven PMS: Nippon India AMC PMS suffers from the common ailments of large AMC-driven PMS houses (PMS as an add-on instead of a clearly segregated business unit, churn in the investment team, a lack of skin in the game for the CIO and typically loosely defined investment philosophies). While the distribution strengths of the AMC can help the PMS scale and there are benefits of research access, most AMC driven PMS’s cannot compare to strong CIO-cum-founder driven PMS houses.
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 Nippon India PMS
Trailing Performance
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Nippon High Conviction Equity Systematic Rebalancing Option | 31.25 | -0.6 | 24.3 | 22 | 21.8 | -11.9 | 40 | 0.3 | 9.6 | |
| S&P BSE 500 TRI | 26.6 | 4.8 | 30.3 | 18.3 | 9 | -1.8 | 37.6 | 4.2 | -0.1 | |
| Alpha (over Broad Mkt BM) | 4.7 | -5.4 | -6 | 3.7 | 12.8 | -10.1 | 2.4 | -3.9 | 9.7 | |
| Nifty 50 TRI | 21.3 | 4.1 | 25.3 | 16 | 13 | 5.6 | 30.4 | 4.2 | -3 | |
| Alpha (over Category BM) | 10 | -4.7 | -1 | 6 | 8.8 | -17.5 | 9.6 | -3.9 | 12.6 |
Fund Managers
Nippon High Conviction Equity Systematic Rebalancing Option
AMC
AMC: (click link for detailed AMC review)
Note: PMS AMC & Scheme Reviews and Ratings are based on IME Capital’s Proprietary Review and Rating Methodology (read more here: AMC Rating & Scheme Ratings). These reflect the unbiased views of our central research team, based on our assessment of the investment value of these PMS/AIF strategies for our investors. We follow a highly stringent rating-criteria, where approximately 50% of PMS AMC’s & strategies would be rated 2-star or below (this is not meant to indicate that these funds are not investment-worthy, but that they do not currently fulfill the requirements we focus on for recommending funds to our investors — based on our internal views on the merit of the AMC/strategy relative to peers). Reviews & Ratings are primarily based on research of publicly available information (SEBI disclosures, PMS websites, PMS-aggregation platforms, webinar recording, media interviews etc.) and no explicit consent is required from AMCs for the same. While we endeavour to do further due-diligence via direct interactions with the investment teams of AMCs, this is typically restricted to AMC’s that meet our foundational fund selection criteria (reviews on lower-rated AMCs are often based solely on publicly available information). The views reflected in our Reviews & Ratings, are our independent views and may not be shared by the AMC’s and the investment teams. Please read detailed disclaimer for more.