Wyridian Advisors Upside AI

Upside AI Multicap Fund

Key Portfolio Attributes

Kanika Agarrwal

Inception Date: 1 Jul 2019

Number of Stocks: 10 - 15

Fund Manager Name: Ms. Kanika Agarrwal

Fund Manager Experience:

Kanika is a co-founder in Upside AI. Before this, Kanika has spent nearly four years with Mayfield India, investing in early stage companies focusing on enterprise tech and consumer internet. And, before Mayfield, she worked with Credit Suisse in its investment banking team and EY as part of its tax & regulatory services practice.

Fund Manager Qualification:

She is a Chartered Accountant (All India Rank 18), holds a CFA charter and a B.Com from Mumbai University.

Investment Objective

Upside AI Multicap PMS is market cap agnostic but typically holds 85-90% mid and small caps. It will hold a diversified portfolio of ~15 to 20 companies and rebalance quarterly.

Investment Strategy

Upside AI looks to marry age old value/ growth investing principles with new age artificial intelligence. Upside AI Team has built machine learning products that can make fundamentally sound investing decisions. Upside AI’s algorithm teaches itself (a) what is a good company; and (b) what does the market consider a good company in current market conditions. Team at Upside AI, then manual checks on the governance and integrity before creating the portfolio.

Upside AI Multicap PMS is market cap agnostic. Based on historical data, generally has high allocation (70%+) to small and mid-caps. It hold a diversified portfolio of ~10 to 25 companies. 

Performance Table #

Trailing Returns (%) 1m return 3m return 6m return 1y return 2y return 3y return 5y return 10y return Since inception return
Nifty 500 TRI2.4%-0.2%11.9%31.6%24.6%---20.6%

Portfolio Holdings

Holding %
Transport Corp. 10.00
Gulshan Polyols 10.00
Kopran 10.00
JSW Steel 10.00
DCM Shriram 10.00
Top 5 Equity Holdings 50.00

Sector Allocation

Holding %

Market Cap Allocation

Allocations %
Large Cap 39.0
Mid Cap 20.0
Small Cap 41.0
Cash 0.0

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From the Founders & Managers of Upside AI PMS

What to expect from Upside AI’s Multicap PMS?

Upside Multicap is market cap agnostic. Based on historical data, generally has high allocation (70%+) to small- and mid-caps. It will hold a diversified portfolio of ~10-25 companies. Target is to generate significant alpha while keeping risk at benchmark level.

Why should one invest in this PMS?

Upside AI was founded on the belief that technology will make better investing decisions than humans over the long term. This is because machines are unbiased, unemotional and unaffected by market euphoria and panic. At Upside AI, we leverage machine learning tools while staying true to fundamental investing principles.

Upside AI relies on proactive system-driven decisions vs. reactive human-driven decisions:

  • Dynamic machine learning model adapts to changing markets vs. Human/intuition driven decisions
  • No technical factors; no static filters (like PE etc.)
  • Systematic risk metrics built-in
  • Adapts investing style to changing markets – identifies different themes; for example buying chemical stocks in Mar-20 but switching to metals by Dec-20

Completely system driven decisions – no emotion, greed, fear, panic or human bias allows for generating superior returns while maintaining risks at market level.

Which is the best company through which an investor can invest in Upside AI Multicap 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.


#Returns as of 31 May 2022. Returns up to 1 Year are absolute, above 1 Year are CAGR.

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