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ICICI Prudential Flexi Cap Strategy PMS


Key Portfolio Attributes

Anand Shah
Geetika Gupta

Inception Date: 14th September, 2018

Portfolio Managers: Anand Shah & Geetika Gupta

Portfolio Managers’ Experience:

Anand Shah- 20+ years

Geetika Gupta- 10+ years

Portfolio Managers’ Qualification:

Anand Shah- PGDM from IIM Lucknow

Geetika Gupta- B.Tech, Chemical Engineering from IIT Delhi and PGDM from IIM, Ahmedabad

Investment Objective

ICICI Prudential PMS Flexicap Strategy is a diversified equity portfolio that endeavours to achieve long term capital appreciation and generate returns by investing across market cap.

Portfolio Strategy

The Investments are targeted at long-term capital appreciation and follows GARP (Growth at Reasonable Price) Philosophy. The focus is on identifying stocks with attractive growth prospects that are available at reasonable valuations. The investment strategy follows a mix of a top-down and a bottom-up approach.

 

The top-down approach is used to identify key macroeconomic and sectoral themes and subsequently helps to identify stocks that are expected to benefit from the same. A bottom-up approach is applied based on the belief that there are always individual companies that provide attractive investment opportunities under various industries and market conditions.

The prominence given to the top-down vs. bottom-up approach would vary from time to time depending on macroeconomic, sectoral and company specific fundamentals.

 

The Portfolio Manager would aim to give weightage to other factors like effective management, scalable businesses and pricing power of the company, sustainable competitive edge and visible brands, while selecting investment ideas.

 

The Portfolio Manager aims to maintain a diversified portfolio by investing in a basket of stocks across market capitalization, without any undue concentration in any stock or sector. The Strategy’s multi-cap investment approach, based on valuation gaps between large, mid and small cap stocks, may facilitate participation in India’s growth story and at the same time, the Portfolio manager aims to benefit from diversification.

 

The Strategy aims to follow a buy and hold strategy with and aim to fully capitalise on the true underlying value of the business potential, which is expected to get unlocked over a period of time. However, the portfolio may be actively managed to take advantage of certain market trends with an endeavour to enhance returns.

 

Thus, this investment style aims to provide flexibility to the Portfolio in capturing opportunities through different stages of the economic cycle with relatively low risk.




Performance Table #


Trailing Returns (%) 1m return 3m return 6m return 1y return 2y return 3y return 5y return 10y return Since inception return
Portfolio-4.7%-3.0%-5.2%6.4%32.2%14.5%-14.3%
S&P BSE 200-4.1%-1.0%-2.8%6.7%33.3%12.9%-12.8%



QRC Report Card *




VIEW DETAILED QUALITY, RISK, CONSISTENCY ANALYSIS

Portfolio Holdings


Holding %
ICICI Bank Ltd 8.52
HDFC Bank Ltd 7.61
Bharti Airtel Ltd 6.15
SBI Life Insurance Company Limited 6.09
State Bank of India 4.87
Top 5 Equity Holdings 33.24

Sector Allocation


Holding %
Telecom - Services 5.78
Ferrous Metals 6.44
Finance 7.85
Software 13.48
Banks 19.81

Market Cap Allocation


Allocations %
Large Cap 71.1
Mid Cap 20.9
Small Cap 8.0
Cash 0.0


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WISH TO MAKE INFORMED INVESTMENTS FOR LONG TERM WEALTH CREATION

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Disclaimer

#Returns as of 31 May 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 Mar 22.




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