INVESTSAVVY ALPHA PMS – MULTICAP PMS

Mr. Ashish Goel

The investment objective of Investsavvy Alpha PMS is long term wealth generation.

The investment strategy of Investsavvy Alpha PMS is:

InvestSavvy Alpha PMS employs a value-oriented investment strategy, emphasizing a disciplined approach to identifying opportunities in the market. Their core tenets include:

• Value Investing: They seek to invest in companies that demonstrate strong growth potential and are available at relatively reasonable valuations. This involves looking beyond current market sentiment and identifying businesses that are underpriced compared to their intrinsic worth.
• Margin of Safety: A key aspect of their strategy is to invest in companies where the intrinsic value is higher than the current market capitalization. To identify this margin of safety, they conduct thorough due diligence, examining sector outlook, financial health, and also engaging directly with company management. A Discounted Cash Flow (DCF) valuation is often used to understand the intrinsic worth.
• Low Debt Preference: InvestSavvy Alpha PMS generally prefers companies with low debt levels. However, they acknowledge that debt may be a part of growth and restructuring phases. When debt is primarily for CAPEX (Capital Expenditure) for growth, with a plan to pay it off in the short-to-medium term, or if the company is undergoing a restructuring with new management, they are still open to investments as long as the potential upside outweighs the risks.
• Flexibility in Size: This strategy involves evaluating and investing in companies with a market cap of a few hundred crores. These are typically companies that can grow at a much faster pace if the underlying story is strong. They note that large, established mutual funds typically avoid companies with a market cap of less than 5000 Cr, providing InvestSavvy Alpha PMS with opportunities to uncover potentially high growth small-cap companies.

The investment objective of Investsavvy Alpha PMS is that companies with a compelling business story & having strong, competent & honest management are most likely to do well in the long term. Once they have identified prospective companies which meet the above criteria, they then use internal metrics to help in taking investment decisions.

Additionally, they believe in:

• Concentrated (Max 20 businesses) Portfolio
• Market-cap Agnostic (Invest wherever there is value. Present portfolio is bent towards mid/small cap)
• Sector Agnostic
• Single Portfolio (Only 1 Portfolio/Scheme, Focused)