-
Why Equity & How to identify Leaders of Tomorrow I AdviceSense Wealth I Hiren Ved I Alchemy I
In our first episode of our webinar series, “Crystal gazing Next decade of wealth creation”, we hosted Mr. Hiren Ved co-founder & CIO, Alchemy Capital on - Why Equity and How to Identify Leaders of Tomorrow
Last 4-5 years have brought many disruptions & technology is one of the biggest disruptive factors. The FANG Companies ( Facebook, Amazon, Netflix, Google ) is a great example.
Leaders of tomorrow as per Mr. Hiren Ved has nothing to do with small, mid or large cap, but to identify what will create huge wealth over next decade.
Broadly, he covered 4 categories where he foresees the leaders of tomorrow should emerge from.
1) Science and Technology Businesses
2) Internet & E-commerce Businesses
3) Platform Businesses
4) Brands
In all of these four categories he discussed lots of companies as examples to explain how and what context some of these businesses could be Leaders of Tomorrow.
Hiren also rightly advised investors - to not approach Equity with fear or greed, but, with wisdom and discipline. He explained 2 types of risks. Being aware of these risks is important. And, staying away from equity markets is not the solutions, but being aware of some risks, taking them knowingly and staying away from some risk is the solution.
Risk 1 : Volatility : The Risk that is be assumed and not to be worried:
• Investors should not really worried about large market risks.
• Quality may lose value for temporary time
• Volatility is part of time
• Equity Investors should learn to live with a Temporary fall in value.
▪ Risk 2 : Lack of quality in portfolio: This is the Risk to Focus on : -
• This is what leads to permanent loss of capital (E.g RCOM, Unitech etc)
• This should be understood. Investors should stay way from this risk.
Market Views : -
▪ The correction which may happen now will not be as severe as March, 2020 as then, there were a lot of uncertainties which is not the case now.
▪ Markets may fall but few companies will not follow much.
▪ Looking at index and then trying to invest is not a good strategy as you may lose out on
many opportunities.
PMS AIF WORLD ( https://www.pmsaifworld.com/)
Performance focused, analytics driven and content backed new investment services firm offering informed investments in portfolios managed by experienced money managers aiming long term wealth creation.
Book a call with our experts : https://www.pmsaifworld.com/book-a-call/
Risk Disclaimer : -
Investments are subject to market risks. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM), addendum issued from time to time and other related documents carefully before investing. Past performance is not indicative of future returns. -
Financials - A Threat to some & Opportunity to others I Marcellus Kings of Capital I PMS AIF WORLD
“Crystal Gazing Next Decade of Wealth Creation for Investors”
Hosted by : Kamal Manocha, CEO, AdviceSense, PMS AIF WORLD
Speaker : Saurabh Mukhrejea & Team Marcellus
Topic : Financial Services, a threat to some and opportunity to others
Next decade (Year 2020-Year 2030) throws lots of opportunities through financialization of Indian household savings and thus financial services sector becomes all the more important & relevant from the perspective of Investments. Thus, we invited Marcellus PMS team to share their views as it has recently launched a new portfolio – Marcellus Kings of Capital which is focused on Financial Services.
Marcellus Kings of Capital portfolio comprises full spectrum of financial service providers –lenders (banks, NBFCs and housing finance companies), and non- lenders (life insurers, general insurers and asset managers/brokers.
Marcellus Kings of Capital is highly concentrated portfolio 10 to 14 high quality financial companies with clean books of accounts, and a long historical track record of profitable growth and promoters with prudent capital allocation skills.
There are two factors to take watch out for over next 1 Year, and these present decent opportunities for making investments in financial services sector, but by high risk investment objective of 3 to 5 Years.
a) Which lenders will be able to survive through the crisis without any bail-outs?
b) Which lenders will have enough strength on the liabilities side of the balance sheet on the other side of the crisis to help accelerate loan book growth and lead the consolidation of market share once the crisis is behind us?
Team Marcellus with its strong filtration mechanism & investment philosophy is investing in in Kings of Capital - well managed portfolio of lenders & non lenders that stand to benefit in the post COVID India, as froth would be removed and competition would reduce because of Covid related slow-down. Lending business is 60% of the portfolio, and non- lending is 40%.
• The loan book growth will accelerate because of their best quality liabilities franchise.
• Their NPA ratios will fall materially.
• NIMs will expand as these lenders will be able to pick and choose borrowers .
• Earnings will grow at an accelerated pace
The non-lending part of the portfolio adds resilience to the portfolio during times of stress because insurers have a lower beta than lending businesses while asset management and brokerage businesses do not take any balance sheet risk.
PMS AIF WORLD ( https://www.pmsaifworld.com/)
Performance focused, analytics driven and content backed new investment services firm offering informed investments in portfolios managed by experienced money managers aiming long term wealth creation.
Book a call with our experts : https://www.pmsaifworld.com/book-a-call/
Risk Disclaimer : -
Investments are subject to market risks. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM), addendum issued from time to time and other related documents carefully before investing. Past performance is not indicative of future returns. -
Applicability of AI & ML in Wealth Management by Data Scientist Turned FM I AccuraCap I Raman Nagpal
Host : PMS AIF WORLD
Speaker : Mr. Raman Nagpal, Co-Founder & CIO, AccuraCap Consultancy
What is AI & ML, and its applicability in Wealth Management by a data scientist turned Fund Manager
PART 1
The Difference between Artificial Intelligence(AI), Machine Learning(DL), and Deep Learning(DL) are that Machine Learning is a subset of AI, like a young human learns. And, Deep Learning is a Narrower subset of ML - It uses one of the different methods i.e. Neural networks.
Current stage of development cycle in AI is Artificial Narrow Intelligence. It means AI is outperforming Human Intelligence in few narrow fields. Later stages are AGI and ASI i.e. Artificial General Intelligence and Artificial Super Intelligence. And, this is the future of AI but it will take many years to reach there, and Ii will mean, AI beats Human Intelligence in almost all fields of life!
AI started in 1960 and today, some of the technologies of AI are at different phases.
Today business growth is based on technology, not based on geography. This is evident from the fact that in year 2020, out of 10 largest companies worldwide by market capitalisation, 8 are AI based.
AccuraCap Consultancy : Our AI & ML based models have been able to predict the CAGR of various asset classes for next 5 Years to the 86% accuracy. Way Forward for Wealth Management is AI & ML. In Last 10 - 20 years, the ways have remained same in the industry & big disruption is pending..
PMS AIF WORLD ( https://www.pmsaifworld.com/) is Performance focused, analytics driven, data and content backed information age investment services firm offering informed investments in portfolios managed by experienced money managers aiming long term wealth creation.
Book a call with our experts : https://www.pmsaifworld.com/book-a-call/
Risk Disclaimer : -
Investments are subject to market risks. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM), addendum issued from time to time and other related documents carefully before investing. Past performance is not indicative of future returns. -
How AI based Machine views the market and next decade of investments I Kamal Manocha I Raman Nagpal
Host : PMS AIF WORLD
Moderator : Kamal Manocha, CEO, PMS AIF WORLD
Speaker : Mr. Raman Nagpal, Co-Founder & CIO, AccuraCap Consultancy
What is AI & ML, and its applicability in Wealth Management by a data scientist turned Fund Manager
PART 2 ( To understand what is AI & ML - what PART 1 )
Artificial Intelligence (AI) is adaptive as it learns from multiple data points across various factors like – growth, valuation, quality, momentum etc. This learning helps the system understand an economy/asset class/market/security, there are many things that the computers do better than men.
Under AI & ML backed system, the machine learn from 100s of data points and factors to help the system create a view and and suggest actions. This has an edge over how the human brain functions as the machine learns continuously and through multiple sources.
The machine has a more objective memory and remembers the markets reactions across time frame whereas the human mind attaches more importance to recent events and forgets the reaction of markets to previous events.
The artificial intelligence based system due to various learnings from data points and events in markets, understands the usual reaction of markets more objectively. For an example, AI based system was of the view even before Covid-19 that Pharma would do well as multiple levers of growth were supporting it. AI and ML have been improving over the years, however, there’s a long way to go before AI can be a substitute of humans.
In short, the machine has various fundamental data points, as well as momentum data points; it combines both and through this information, the machine constantly learns, and suggest actions, an these suggestions tend to be more accurate than human mind can suggest because human mind has limitations.
Finally, taking cash calls while investing is what human mind gets tempted for, and historical data does point out that taking cash calls does help and remaining always fully invested is not a best approach. But, taking cash calls is extremely tricky and even machine is not equipped to determine that with accuracy, so investors could lose out doing that. Fully invested is also tricky as even that ways investor could lose in short to medium term. The ideal scenario is to do a scientific asset allocation based on time horizon of the investment as well as attitude to risk, and then for the equity portion, look for a basket of stocks along with the credibility of fund manager, rather than trying to time the market. A fine basket of quality businesses chosen and invested at any time should yield returns superior to timing the market, but if held over long term.
PMS AIF WORLD ( https://www.pmsaifworld.com/) is Performance focused, analytics driven, data and content backed information age investment services firm offering informed investments in portfolios managed by experienced money managers aiming long term wealth creation.
Book a call with our experts : https://www.pmsaifworld.com/book-a-call/
Risk Disclaimer : -
Investments are subject to market risks. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM), addendum issued from time to time and other related documents carefully before investing. These are views as shared by a data scientist turned fund manager, and should not be construed as any kind of Advice or Recommendation. Past performance is not indicative of future returns. -
SISOP PMS - One of the Top Wealth Creators of 2010-2020 I FM Guidance for 2020-2030 I PMS AIF WORLD
Host : PMS AIF WORLD
Moderator : Kamal Manocha, CEO, PMS AIF WORLD
Speaker : Mr. Madan Gopal Ramu, Fund Manager, Sundaram Alternate Assets
Fund Manager explained traits, and facts of its one of top wealth creating equity portfolios - Sundaram India Secular Opportunities Portfolio (SISOP)
- Sticking to process
- Investing in Secular businesses with predictable earnings
- High conviction & concentrated investment portfolio
Fund Manager explained rationale for the sector and stock level selection and correlated it with the market view
PMS AIF WORLD ( https://www.pmsaifworld.com/) is Performance focused, analytics driven, new age wealth manager offering informed investments in portfolios managed by experienced money managers aiming long term wealth creation.
Book a call with our experts : https://www.pmsaifworld.com/book-a-call/
Risk Disclaimer : -
Investments are subject to market risks. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM), addendum issued from time to time and other related documents carefully before investing. These are views as shared by a data scientist turned fund manager, and should not be construed as any kind of Advice or Recommendation. Past performance is not indicative of future returns. -
New RIA rules in Advisory & TWRR in Portfolio Management to transform Investing I PMS AIF WORLD
Host : PMS AIF WORLD
Moderator : Kamal Manocha, CEO, PMS AIF WORLD
Speaker : August 20, 2020 @ 5:30 PM – 6:30 PM
Rajendra Kalur, Director CFA Society INDIA
What is AI & ML, and its applicability in Wealth Management by a data scientist turned Fund Manager
PART 2 ( To understand what is AI & ML - what PART 1 )
Artificial Intelligence (AI) is adaptive as it learns from multiple data points across various factors like – growth, valuation, quality, momentum etc. This learning helps the system understand an economy/asset class/market/security, there are many things that the computers do better than men.
Under AI & ML backed system, the machine learn from 100s of data points and factors to help the system create a view and and suggest actions. This has an edge over how the human brain functions as the machine learns continuously and through multiple sources.
The machine has a more objective memory and remembers the markets reactions across time frame whereas the human mind attaches more importance to recent events and forgets the reaction of markets to previous events.
The artificial intelligence based system due to various learnings from data points and events in markets, understands the usual reaction of markets more objectively. For an example, AI based system was of the view even before Covid-19 that Pharma would do well as multiple levers of growth were supporting it. AI and ML have been improving over the years, however, there’s a long way to go before AI can be a substitute of humans.
In short, the machine has various fundamental data points, as well as momentum data points; it combines both and through this information, the machine constantly learns, and suggest actions, an these suggestions tend to be more accurate than human mind can suggest because human mind has limitations.
Finally, taking cash calls while investing is what human mind gets tempted for, and historical data does point out that taking cash calls does help and remaining always fully invested is not a best approach. But, taking cash calls is extremely tricky and even machine is not equipped to determine that with accuracy, so investors could lose out doing that. Fully invested is also tricky as even that ways investor could lose in short to medium term. The ideal scenario is to do a scientific asset allocation based on time horizon of the investment as well as attitude to risk, and then for the equity portion, look for a basket of stocks along with the credibility of fund manager, rather than trying to time the market. A fine basket of quality businesses chosen and invested at any time should yield returns superior to timing the market, but if held over long term.
PMS AIF WORLD ( https://www.pmsaifworld.com/) is Performance focused, analytics driven, data and content backed information age investment services firm offering informed investments in portfolios managed by experienced money managers aiming long term wealth creation.
Book a call with our experts : https://www.pmsaifworld.com/book-a-call/
Risk Disclaimer : -
Investments are subject to market risks. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM), addendum issued from time to time and other related documents carefully before investing. These are views as shared by a data scientist turned fund manager, and should not be construed as any kind of Advice or Recommendation. Past performance is not indicative of future returns. -
Segregation of Advisory & TWRR in Portfolio Management to transform INVESTING I PMS AIF WORLD I
Host : PMS AIF WORLD
Moderator : Kamal Manocha, CEO, PMS AIF WORLD
Speaker : Rajendra Kalur, Director CFA Society INDIA
August 20, 2020 @ 5:30 PM – 6:30 PM
PMS AIF WORLD ( https://www.pmsaifworld.com/) is Performance focused, analytics driven, data and content backed information age investment services firm offering informed investments in portfolios managed by experienced money managers aiming long term wealth creation.
Book a call with our experts : https://www.pmsaifworld.com/book-a-call/
Risk Disclaimer : -
Investments are subject to market risks. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM), addendum issued from time to time and other related documents carefully before investing. These are views as shared by a data scientist turned fund manager, and should not be construed as any kind of Advice or Recommendation. Past performance is not indicative of future returns. -
Invest in US Equities I Vested partners with PMS AIF WORLD I Viram Shah talks to Kamal Manocha
PMS AIF WORLD ( https://www.pmsaifworld.com/) is Performance focused, analytics driven, new age wealth manager offering informed investments in portfolios managed by experienced money managers aiming long term wealth creation.
Book a call with our experts : https://www.pmsaifworld.com/book-a-call/
Risk Disclaimer : -
Investments are subject to market risks. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM), addendum issued from time to time and other related documents carefully before investing. These are views as shared by a data scientist turned fund manager, and should not be construed as any kind of Advice or Recommendation. Past performance is not indicative of future returns. -
Indian Manufacturing Industry offers Wealth Creating Opp as Factors of Production turning favourable
"Crystal Gazing Next Decade of Wealth Creation for Investors”
Hosted by : Kamal Manocha, CEO, AdviceSense, PMS AIF WORLD
Speaker : Vikas Khemani, Founder, Carnelian Asset Management LLP
Topic : Create Wealth in India's Manufacturing Industry : The SHIFT Strategy Portfolio by Carnelian
PMS AIF WORLD ( https://www.pmsaifworld.com/) is Performance focused, analytics driven, new age wealth manager offering informed investments in portfolios managed by experienced money managers aiming long term wealth creation.
Book a call with our experts : https://www.pmsaifworld.com/book-a-call/
Risk Disclaimer : -
Investments are subject to market risks. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM), addendum issued from time to time and other related documents carefully before investing. These are views as shared by a data scientist turned fund manager, and should not be construed as any kind of Advice or Recommendation. Past performance is not indicative of future returns. -
PMS AIF WORLD answers to investor questions on fine secrets to Investing for High Performance
"Crystal Gazing Next Decade of Wealth Creation for Investors”
Hosted & Presented by : Kamal Manocha, CEO, AdviceSense, PMS AIF WORLD
Topic : How PMS AIF WORLD is helping Investors Create Wealth? - Ask Kamal Manocha
In general, when investors think of Debt, they first think of low return and then risk, and this where they make mistakes. Ultimately, as investor’s focus is on return while investing in debt, he/she take exposure in credit funds, hybrid debt funds, structured products, NCDs and eventually end up adding a lot of unknown risk to this asset class which is supposed to actually provide security and safety of capital. As per our philosophy, in structuring the debt portfolio, the objective should to reduce risk and not increase returns. So, we do not suggest credit or interest rates or concentration risk and follow a highly diversified approach through well researched high-quality portfolios of low duration debt mutual funds. Such structuring provides confidence to investors to better focus on equity portfolio from where the objective is high returns.
In general, when investors think of equity, they first think of high risk first and then return and this is where they make mistakes. Ultimately, as investor focus is on reducing risk, investors take exposure in every theme(International, Gold, Balanced, Hybrid), every type of fund/portfolio, and eventually ends up owning over–diversified portfolio that grossly underperforms even in long term period of 10 years. As per our investing philosophy, in structuring the equity portfolio, the time horizon is clearly 5 to 10 years, so the objective should be to enhance returns and not reduce risk. So, we follow a less diversified approach through Best PMS & AIF products, along with the Best Focused category of Mutual Funds
We follow a very simple, open-ended approach to building clean debt and quality equity portfolio and then work with clients to ensure they hold such good investments with confidence and high conviction
PMS AIF WORLD's AdviceSense Philosophy Explained in an Equation =
Clean Debt + Quality Equity + High Conviction = Compounding
Clean Debt Portfolio
A Clean Debt means a well diversified portfolio of high rated short duration securities. Mutual Fund is very good structure to achieve this, as it is well diversified, well regulated, highly liquid, and offers tax efficient returns. Just remember, select keeping in mind Safety as prime objective and not return as prime objective.
Quality Equity Portfolio
A Quality Equity Portfolio is the one that is not too much diversified, & still offers the best risk-adjusted returns. With us, this is identified through unbiased selection based on our proprietary analytics. It’s easy to socialise and sell products, which is what most wealth managers do. We’re reshaping the wealth management industry by sticking to basics, in-depth analytics. We maintain insight + integrity and aim at the long term prosperity of clients.t decisions.
High Conviction
It is easy to aspire for a long term horizon when making an investment, but practically very difficult to maintain. With us, this is achieved through our educative super simple & articulate proprietary content. Holding on to the portfolio requires high conviction in the portfolio at all points of time, else, one tends to exit early owing to the traps of emotions or impatience. We ensure our clients make informed investment decisions.
PMS AIF WORLD ( https://www.pmsaifworld.com/) is Performance focused, analytics driven, new age wealth manager offering informed investments in portfolios managed by experienced money managers aiming long term wealth creation.
Book a call with our experts : https://www.pmsaifworld.com/book-a-call/
Risk Disclaimer : -
Investments are subject to market risks. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM), addendum issued from time to time and other related documents carefully before investing. These are opinions as shared by CEO, of PMS AIF WORLD, for general information & educational purpose and and should not be construed as any kind of Advice or Recommendation. Past performance is not indicative of future returns. -
High Performance Investing I PMS AIF WORLD providing well analysed solutions I Informed Investing
PMS AIF WORLD (https://www.pmsaifworld.com/) is performance focused, analysis driven, data backed new age wealth management firm. We offer informed investing experience to our clients and provide them best quality investment products that are managed by experienced money managers. We select products with our proprietary 5-P analysis, that is across - people, philosophy, portfolio, performance, price. The objective of doing this analysis, is to determine three important attributes about each investment product, i.e. quality, risk, and consistency. In short, we deliver HIGH PERFORMANCE INVESTING.
Book a call with our experts : https://www.pmsaifworld.com/book-a-call/
Risk Disclaimer : -
Investments are subject to market risks. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM), addendum issued from time to time and other related documents carefully before investing. -
Two Supreme factors to practice for High Performance Investing I Create Wealth with PMS AIF WORLD
PMS AIF WORLD (https://www.pmsaifworld.com/) is performance focused, analysis driven, data backed new age wealth management firm. We offer informed investing experience to our clients and provide them best quality investment products that are managed by experienced money managers. We select products with our proprietary 5-P analysis, that is across - people, philosophy, portfolio, performance, price. The objective of doing this analysis, is to determine three important attributes about each investment product, i.e. quality, risk, and consistency. In short, we deliver HIGH PERFORMANCE INVESTING.
Book a call with our experts : https://www.pmsaifworld.com/book-a-call/
Risk Disclaimer : -
Investments are subject to market risks. Please read all Scheme Information Documents (SID) /Key Information Memorandum (KIM), addendum issued from time to time and other related documents carefully before investing. These are opinions as shared by Chief Strategist PMS AIF WORLD, for general information & educational purpose and and should not be construed as any kind of Advice or Recommendation. Past performance is not indicative of future returns.
