ASK Emerging Opportunities Portfolio (EOP)


ASK Emerging Opportunities Portfolio (EOP)

KEY PORTFOLIO ATTRIBUTES #

Year of Inception 24-Aug-2017
Number of Stocks 24
Alpha (1Y) -20.67%
Beta (1Y) 0.82

About ASK Investment Managers PMS

ASK Group is a renowned financial services group and a leading industry player in wealth and investment management, catering to some of the most affluent families in India. Started in 1983, it is known for strong research-based investment management, asset management, private equity, wealth advisory and multi-family office businesses.

Key People

Bharat Shah
Mr. Bharat Shah Executive Director
Mr. Nimesh Mehta
Mr. Nimesh Mehta Director & Country Head- Sales & Products

Investment Objective

ASK Emerging Opportunities Portfolio or ASK EOP PMS is designed to build a concentrated portfolio of quality businesses across range of market capitalization (Large, Mid and Small cap) that have superior long-term compounding potential.

The two core objectives of this ASK Emerging Opportunities Portfolio or ASK EOP PMS are: Capital Preservation and Capital Appreciation over a period of time. This is achieved through long-term investments in high-quality companies with strong growth prospects.

Investment Attributes

The investment attributes of ASK Emerging Opportunities Portfolio or ASK EOP PMS are:

Size of the Opportunity

• Size of pond v/s size of fish
• Dominance
• Resilience
• Liquidity

Earnings Growth

• Quantum
• Consistency
• Durability
• Predating (Early v/s Later)
• Compounding power

Quality of the business

• High quality of business (Superior RoCE)
• Strong moat. Impregnability
• Sustainability
• Key pivot of strong wealth creation

Value

• Favorable Price-Value Gap
• Margin of safety

Investment Philosophy

ASK’s Advantage “Investing”, as Buffett says, “is simple but not easy”. It is the implementation of the simple things consistently and with discipline during all market conditions, that requires character, which makes all the critical difference. Core advantage lies in the disciplined and consistent execution of these ‘simple’ things and doing them well.Core philosophy at ASK Investment Managers revolves around two key aspects:

  1. First achieve capital protection (over time) and
  2. Follow it with capital appreciation.

Overarching Investing Philosophy and Principles

• Greater certainty of earnings v/s. mere quantum of earnings growth
• Superior and consistent quality of earnings v/s. mere quantum of earnings growth
• High quality at a reasonable price v/s. inferior quality at an arithmetically ‘cheap’ price

Investment Approach

• Concentrated investment approach of 20-25* carefully identified businesses across range of market capitalization
• Focused portfolio of mid-sized businesses with a proven track record which could go on to become much larger thereby creating significant investment returns
• Buying businesses with a large competitive advantage & capital efficiency in industries with a large size of opportunity, that offer superior growth over long period of time
• Largely complementary portfolio to ASK Indian Entrepreneur Portfolio, ASK India Select Portfolio and ASK Growth Portfolio

Awards & Achievements

• In 2023, ASK Indian Entrepreneur Portfolio or ASK IEP PMS was awarded Rank #3 as the Best PMS across all categories, on a 10Y Risk-Adjusted Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.

• In 2021, ASK Indian Entrepreneur Portfolio or ASK IEP PMS was awarded Rank #2 as the Best PMS across all categories, on a 10Y Risk-Adjusted Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.

• In 2021, ASK Indian Entrepreneur Portfolio or ASK IEP PMS was awarded Rank #2 as the Best PMS across all categories, on a 5Y Risk-Adjusted Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.

Performance Table #


Trailing Returns (%) 1m return 3m return 6m return 1y return 2y return 3y return 5y return 10y return Since inception return
ASK Emerging Opportunities Portfolio (EOP)1.30%-0.90%8.90%33.20%10.20%12.00%15.70%12.30%
BSE 500 TRI0.90%4.50%17.40%40.20%17.90%19.30%17.40%15.20%

QRC Report Card *




VIEW DETAILED QUALITY, RISK, CONSISTENCY ANALYSIS

Portfolio Holdings


Holding %
BAJAJ FINANCE LTD 6.41
BAJAJ FINSERV LTD 6.27
Patanjali Foods Limited 5.83
SOLAR INDUSTRIES INDIA LTD 5.81
APL APOLLO TUBES LTD 5.51
RADICO KHAITAN LTD 5.11
P I INDUSTRIES LTD 5.08
PAGE INDUSTRIES LTD 4.72
AU SMALL FINANCE BANK LTD 4.45
AFFLE INDIA LTD 4.42
DIXON TECHNOLOGIES INDIA LTD 4.20
ASTRAL POLY TECHNIK LTD 4.11
POLYCAB INDIA LTD 4.08
AAVAS FINANCIERS LTD 4.01
NAVIN FLUORINE INTERNATIONAL LTD 3.98
KEI INDUSTRIES LTD 3.34
RELIANCE INDUSTRIES LTD 3.32
DALMIA BHARAT LTD 3.22
SONA BLW PRECISION FORGINGS LTD 3.12
TEAMLEASE SERVICES LTD 2.68
LAURUS LABS LTD 2.60
INFOSYS LTD 2.56
BERGER PAINTS INDIA LTD 2.55
METROPOLIS HEALTHCARE LTD 2.30
VAIBHAV GLOBAL LTD 0.00

Sector Allocation


Holding %
Building Products 4.75
Consumer Durables 4.89
Chemical 5.36
Healthcare Services 5.42
Pipes 6.45
Insurance 10.93
Retail 11.46
NBFC 14.16

Market Cap Allocation


Allocations %
Large Cap 27.20
Mid Cap 48.10
Small Cap 22.60
Cash 2.10

Do Not Simply Invest, Make Informed Decisions

WISH TO MAKE INFORMED INVESTMENTS FOR LONG TERM WEALTH CREATION

imageBook a call with our PMS AIF Specialists

From the Founders & Managers of ASK PMS

What to expect from ASK Emerging Opportunities Portfolio (EOP) PMS?

The objective of ASK Emerging Opportunities Portfolio (EOP) is to build a concentrated portfolio of businesses across range of market capitalization (large, mid, and small cap), representing quality and superior long-term compounding potential.

• Concentrated strategy of carefully identified businesses across range of market capitalization
• Highly focused portfolio of high-quality and high-growth businesses that are positioned for outstanding compounding in the long-term
• Buy and hold strategy with minimal churn
• Buying businesses with a large competitive advantage in industries with a large size of opportunity, that offer superior growth over long period of time

Who should invest in ASK Emerging Opportunities Portfolio (EOP) PMS?

Our current clients include High Networth Individuals (HNIs), Ultra HNIs, Institutions, Pension Funds, Endowments, Sovereign Wealth Funds, Family offices, multi managers, etc. Clients who have an appetite to invest in Indian equities with a long-term investment horizon are ideally suited for investments in this portfolio.

Which is the best company through which an investor can invest in ASK Emerging Opportunities Portfolio (EOP)?

We recommend PMS AIF WORLD, because, it is one unique platform that offers real knowledge driven investing with their highly meaningful data, reports, and content that is written very well. PMS AIF World is a team of highly articulate, educated, and experienced people.

Disclaimer

#Returns as of 31 Mar 2024. Returns up to 1 Year are absolute, above 1 Year are CAGR.

*QRC Report Card data is updated quarterly. Current data is as of Dec 23.


Do Not Simply Invest, Make Informed Decisions

Subscribe To Our Newsletter

By PMS AIF WORLD • Over 30,000 Subscribers

Stay informed with our latest updates. Subscribe to our newsletter for exclusive content, news, and valuable insights.