| Alpha (1Y) | Beta (1Y) | Standard Deviation (1Y) | % of +ve Months (SI) |
|---|---|---|---|
| -3.74% | 1.07 | 14.74% | 66.67% |
SageOne Capital Core Portfolio PMS
Key People
Mr. Samit Vartak
Founding Partner and CIO
Investment Objective
The objective of Sage One Investment Managers is to build and maintain a portfolio in high conviction growth ideas available at prices at or below fair value.
The objective of Sage One Core PMS portfolio is to outperform the benchmark indices by at least 5% (annualized) over an economic cycle. Sage One Core PMS targets this objective by looking at high growth businesses with a long-term competitive advantage that have a clean and competent management, sustainable competitive advantage.
Competitive Advantage
Proven Track Record
• Maximising risk-adjusted returns for Alpha generation
• Consistent track record of identifying multibaggers
• Timely exits
Experienced Investment Team
• 70+ cumulative years of relationships across industries and supply chains verifications
• Understanding of emerging economic trends, businesses and their competitiveness
• Strong network enabling robust ground checks
Robust Investment Process
• Bottom-up research
• Scientific screening process for filtering right stocks & sectors
• Quantitative & qualitative thorough research
Disciplined Risk Management
• Focus on downside volatility
• Holistic checks on macro and micro factors that affect operations of the businesses
• Detailed Analysis of Company Fundamentals
Investment Philosophy
Sage One Core PMS looks for niche business leaders who are expected to grow earnings > 20% (CAGR) over the investment horizon of 3-5 years driven by industry growth and market share gain from competition and especially do significantly better than the competition during stressed environment.
The primary focus of Sage One Core Portfolio is on superior businesses and would not buy a weak business irrespective of its price. Sage One Core PMS portfolio looks to invest in businesses that have a sustainable competitive advantage, i.e. ROCE and ROE of at least 20% that has been achieved without much leverage.
Sage One PMS follows a “zero” tolerance policy, believes, “if we avoid the losers, the winners will take care of themselves.”
Investment Strategy
The investment strategy of Sage One Core PMS (SCP) is to identify sustainably high performing businesses and conduct continuous evaluation and monitoring to find businesses that have high earnings structural growth with attractive valuation. The Sage One Core Portfolio is a Mid & Small cap portfolio construction of 12 to 20 companies from 101 to 600th stock as per market cap.
Investment Parameters
Sage One believes in an in-depth, fundamental bottom-up research into companies and emerging trends; to identify and invest in companies with long-term structural growth, high profitability & quality management.
Green Flags
• 20% + compounded earnings growth
• Market share gains
• ROCE & ROE > 20%
• High Cash Flow from Operations
• Sustainable margins
• Low leverage
• Better ROCE on incremental capital expenditure
• Favorable ESG incorporation
- Red Flags
- • Loose accounting policies
• Poor capital allocation
• Questionable founder history
• Related-party transactions
• Complex corporate structure (multiple subsidiaries, cross holdings)
• Corporate governance issues
Risk Management Framework
Prudent Stock Selection
• Financial & Business Analysis
• Internal Forensic Model
Sectoral & Stock Limits
• Maximum 25% exposure to one sector
• Maximum 20% exposure to one business group
Timely Rebalancing
• Strengthen winners, cut out losers
• Active calls on portfolio liquidity levels
Active Monitoring
• Channel checks across portfolio companies & competition
• Active entry & exit, based on valuations & business dynamics
Awards & Achievements
• In 2023, Sage One Small Cap Portfolio (SSP) was awarded Rank #1 as the Best PMS in the Mid & Small Cap Category, on a 3Y Risk-Adjusted Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.
• In 2022, Sage One Core Portfolio (SCP) was awarded Rank #1 as the Best PMS in the Mid & Small Cap Category, on a 3Y Risk-Adjusted Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.
• In 2022, Sage One Small & Micro Cap Portfolio was awarded the Winner in the Best PMS in the Mid & Small Cap Category, on a 2Y Risk-Adjusted Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.
• In 2021, Sage One Core Portfolio (SCP) was awarded Rank #3 as the Best PMS in the Mid & Small Cap Category, on a 3Y Risk-Adjusted Returns. These Awards were hosted by PMS AIF WORLD, in association with IIM-Ahmedabad.
• In 2021, Sage One Small Cap Portfolio (SSP) was awarded the winner in the Best Newcomer PMS Category, on 1Y of Absolute 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 |
|---|---|---|---|---|---|---|---|---|---|
| SageOne Investment Core Portfolio | -4.30% | 4.60% | 24.80% | 22.10% | 5.40% | 27.60% | 19.50% | 25% | 26.30% |
| BSE 500 TRI | -2.90% | -1.40% | 10.90% | 9.60% | 6.70% | 22.00% | 15.40% | 14.70% | 13.90% |
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 |
|---|---|---|---|---|---|---|---|---|---|
| SageOne Investment Core Portfolio | Mid & Small Cap | Samit Vartak | 01 April 2009 | 14Y 8M | 2680 | BSE 500 TRI | 26.30% | 16 | 5 |
| 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 | 10.71% | 2.84% | 66.67% | 13.55% | 0.67 | 14.74% | 1.68 | 14.91% | 1.11 | 65.28 % |
| Nifty 500 | 8.40% | 3.43% | 11.83% | 0.87 | 13.94% | 1.19 | 61.81 % | |||
| Nifty Midcap 100 | -4.84% | 1.1% | -3.74% | 1.07 | 11.46% | 1.03 | 53.47 % | |||
| Nifty Smallcap 100 | -7.63% | -1.1% | -8.73% | 0.88 | 14.76% | 1.16 | 58.33 % | |||
VIEW DETAILED QUALITY, RISK, CONSISTENCY ANALYSIS
Portfolio Holdings
| Holding | % |
|---|
Sector Allocation
| Holding | % |
|---|---|
| Finance | 22.00 |
| Building Materials | 19.00 |
| Capital Goods | 12.00 |
| Real Estate | 11.00 |
| Specialty Chemicals | 6.00 |
Market Cap Allocation
| Allocations | % |
|---|---|
| Large Cap | 19 |
| Mid Cap | 39 |
| Small Cap | 30 |
| Cash | 12 |
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 SageOne Investment PMS
Which is the best company through which an investor can invest in SageOne Capital Core Portfolio 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.
