Buoyant Capital Opportunities Multi-Cap Fund


Alpha (1Y) Beta (1Y) Standard Deviation (1Y) % of +ve Months (SI)
4.17% 1.08 17.44% 66.23%

Key Portfolio Attributes

Inception Date: 01-Jun-2016

Number of Stocks : 24

Fund Manager Name: Sachin Khivasara and Jigar Mistry

Fund Manager Experience: Sachin Khivasara : Total experience 20 years; Jigar Mistry: Total experience 19 years

Fund Manager Qualification: Sachin Khivasara : BCom, ACA, CWA; Jigar Mistry: BCom, ACA, CFA Charter holder (US) Investment Objective - Objective is to invest taking concentrated bets for the long term, following altering balance in the aggressiveness-to-defensiveness continuum, which is attained through diversification of cash flow streams, choice between predictable vs. growing cash flow streams and cash calls (pooled vs. model portfolio). Investment Strategy - Objective is to invest taking concentrated bets for the long term. Our investment framework follows altering balance in the aggressiveness-to-defensiveness continuum, which is attained through diversification of cash flow streams, choice between predictable vs. growing cash flow streams and cash calls (pooled vs. model portfolio).

Investment Objective

The objective of Buoyant Capital Opportunities Multi-Cap PMS is to invest taking concentrated bets for the long term, following altering balance in the aggressiveness-to-defensiveness continuum, which is attained through diversification of cash flow streams, choice between predictable vs. growing cash flow streams and cash calls (pooled vs. model portfolio).

Investment Approach

The team at Buoyant Capital Opportunities believes that one cannot know the ‘macro future’ (economies, markets or geopolitics) with any reasonable certainty.

Hence Buoyant PMS follows the following investment philosophies:

• Macros matter, but mining it as investment edge is nearly impossible
• Share price growth more a function of earnings growth

Portfolio optimization(balance of aggressiveness /defensiveness) is critical for Buoyant PMS
• In long-term, trading is a zero sum game
• In the short-term however, things fluctuate between ‘flawless’ to ‘hopeless’
• Balance is adjusted based on earnings / credit / investors’ psychology cycles

Risk is not volatility of returns
• It is (a) likelihood of permanent loss of capital and (b) opportunity risk

Creating wealth should be a source of pleasure
• Taking too much risk interferes with that, and that is why Buoyant PMS limits itself with respect to risks







Portfolio Holdings


Holding %
ICICI Bank Limited 6.60
HDFC Bank Limited 6.10
IDFC Limited 5.90
Max Financial Services Limited 4.80
State Bank of India 4.70
Ramkrishna Forgings Ltd 4.10
HCL Technologies Limited 3.90
Divis Laboratories Limited 3.70
Cyient Limited 3.50
Ncc Limited 3.20
Archean Chemical Industries Ltd 3.00
Alembic Pharmaceuticals Ltd. 2.80
Sudarshan Chemical Industries Limited 2.70
Bandhan Bank Ltd 2.60
Finolex Cables Ltd 2.20
Wipro Ltd 2.10
Eclerx Services Limited 2.10
Security And Intelligence Services India Limited 2.00
Satin Creditcare Network Ltd. 2.00
Welspun India Ltd 1.90
Dcx System Ltd 1.80
Pokarana Ltd 1.80
Kotak Mahindra Bank Ltd 1.80
Dalmia Bharat Ltd 1.70
The Indian Hotels Company Ltd 1.60
Hindusan Unilever Ltd 1.60
Zee Enterntainment Enterprises Ltd 1.30
Antony Waste Handling Cell Ltd 1.30
Allsec Technologies Ltd 1.00
Arvind Fashions Ltd 0.30
Others 2.40
Top 30 Equity Holdings 86.50

Sector Allocation


Holding %
Oil & Gas 0.05
Retail 0.58
NBFC 1.15
Misc 1.30
Textiles 1.43
Staffing 1.76
FMCG 1.76
Building Materials 3.68
Insurance 4.52
Automobile 6.06
Chemicals 6.41
Materials 6.51
HealthCare 6.55
Industrials 7.19
Info Tech 9.24
Cash 9.48
Banking 32.36

Market Cap Allocation


Allocations %
Large Cap 33.30
Mid Cap 9.90
Small Cap 43.40
Cash 13.40


Do Not Simply Invest, Make Informed Decisions

WISH TO MAKE INFORMED INVESTMENTS FOR LONG TERM WEALTH CREATION

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From the Founders & Managers of Buoyant Capital PMS

What to expect from Buoyant Capital - Opportunities Fund PMS?

  • Buoyant’s strategy is to generate “Superior Cross Cycle Returns”; & to achieve that, we follow ‘Aggressive’ & ‘Defensive’ cycle stances. Once the Cycle stance is identified; the team takes investment decision to invest in selected 18-25 Stocks for Medium to Long Term Period (i.e.3 years+ period) with perspective to achieve 15% CAGR (+/- 200 bps) consistently.

Who should invest in Buoyant Capital - Opportunities Fund PMS?

Investors keen to invest in Diversified Multi-Cap Equity Scheme for more than 3 years investment horizon can consider investing in our scheme.

Which is the best company through which an investor can invest in Buoyant Capital Opportunities Multi-Cap Fund?

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 Dec 2022. Returns up to 1 Year are absolute, above 1 Year are CAGR.

*QRC Report Card data is updated quarterly. Current data is as of Sep 22.




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