The objective of the strategy is to generate long term capital appreciation for investors from a portfolio of equity & equity related securities. The investment strategy is to invest in companies and in sectors that are available at a significant discount to their intrinsic value and provide earnings visibility.
| Alpha (1Y) | Beta (1Y) | Standard Deviation (1Y) | % of +ve Months (SI) |
|---|---|---|---|
| 1.14% | 0.82 | 9.10% | 63.33% |
IIFL Multicap PMS
Key People
Mr. Anup Maheshwari
CIO, Joint – CEO
Investment Objective
Investment Strategy
• The portfolio is comprised of 15-20 high-quality companies which are business leaders, have a strong management, low leverage and which offer a large margin of safety
• Investments pertain to largely in 2 – 4 high conviction sectors
• Identifying companies within the high conviction sectors that have attractive business models, strong balance sheets, good corporate governance practices and run by excellent management teams
• Significant Alpha Generation with Low Risk (Past portfolios have a beta of 0.7 – 0.8 which is lower than most mutual funds)
• Aims to target superior outperforming stocks over the benchmark through concentrated sector or stock positions where stocks are mostly held for the long term, typically almost always over 12 months
Investment Philosophy
IIFL Multi Cap PMS follows an interesting and insightful mechanism to dissect markets on exactly this mathematics i.e. corporate earnings. This is called SCDV framework, where by the whole of the listed market is divided on the basis of earnings profile of the companies, in following four quadrants.
• Seculars – PAT and ROE more than 15%
• Cyclicals – PAT more than 15%, ROE less than 15%
• Defensives – PAT less than 15%, ROE more than 15%
• Value Traps – Both PAT and ROE less than 15%
Performance Table #
| Trailing Returns (%) | 1m return | 3m return | 6m return | 1y return | 2y return | 3y return | 5y return | 10y return | Since inception return |
|---|---|---|---|---|---|---|---|---|---|
| 360 ONE Multicap | -4.10% | -2.24% | 8.95% | 9.55% | 4.30% | 19.65% | 15.83% | - | 21.77% |
| BSE 500 TRI | -2.86% | -1.42% | 10.89% | 9.63% | 6.74% | 22.03% | 16.15% | 15.35% | 14.87% |
QRC Report Card *
| Strategy | Category | Fund Manager | Date of Inception | Age Of PMS | Corpus (in Cr, approx) | Benchmark | Returns SI (CAGR) | Stocks In Portfolio | Sectors In Portfolio |
|---|---|---|---|---|---|---|---|---|---|
| 360 ONE Multicap | Multi Cap | Anup Maheshwari | 31 December 2014 | 8Y 11M | 3557.21 | BSE 500 TRI | 21.77% | 34 | 6 |
| Portfolio Quality (Q) | Portfolio Risk (R) | Portfolio Consistency (C) | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Index | Category Alpha (1Y) | Relative Alpha (1Y) |
% of +ve Months
(Fund Data) |
Alpha (1Y) | Beta (1Y) |
Standard Deviation (1Y)
(Fund Data) |
Sharpe Ratio (1Y)
(Fund Data) |
Alpha (SI) | Information Ratio (SI) | Consistency Ratio % |
| Nifty 50 | 5.86% | -2.99% | 63.33% | 2.87% | 0.79 | 9.10% | 1.55 | 10.31% | 0.69 | 59.17 % |
| Nifty 500 | 4.08% | -2.94% | 1.14% | 0.82 | 8.67% | 0.59 | 57.50 % | |||
| Nifty Midcap 100 | -8.70% | -5.73% | -14.43% | 0.68 | 3.95% | 0.25 | 48.33 % | |||
| Nifty Smallcap 100 | -10.58% | -8.84% | -19.42% | 0.53 | 7.01% | 0.36 | 45.83 % | |||
VIEW DETAILED QUALITY, RISK, CONSISTENCY ANALYSIS
Portfolio Holdings
| Holding | % |
|---|---|
| ICICI Bank Limited | 11.01 |
| Infosys Limited | 6.38 |
| HDFC Bank Limited | 5.83 |
| State Bank of India | 4.25 |
| Bharti Airtel Limited | 3.83 |
| Larsen & Toubro Limited | 3.81 |
| Axis Bank Limited | 3.76 |
| Bajaj Finance Limited | 3.53 |
| Apollo Tricoat Tubes Ltd. | 3.23 |
| Dr. Reddy's Laboratories Limited | 3.14 |
| Top 10 Equity Holdings | 48.79 |
Sector Allocation
| Holding | % |
|---|---|
| Financials | 36.63 |
| Consumer discretionary | 11.42 |
| Information technology | 10.87 |
| Materials | 10.49 |
| Industrials | 7.74 |
| Health Care | 6.29 |
Market Cap Allocation
| Allocations | % |
|---|---|
| Large Cap | 67.30 |
| Mid Cap | 16.20 |
| Small Cap | 15.00 |
| Cash | 1.50 |
Do Not Simply Invest, Make Informed Decisions
WISH TO MAKE INFORMED INVESTMENTS FOR LONG TERM WEALTH CREATION
Book
a call with our PMS AIF Specialists
From the Founders & Managers of 360 ONE PMS
Which is the best company through which an investor can invest in IIFL Multicap PMS?
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 Oct 2023. 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 23.
