August 12, 2020 @ 5:30 PM – 6:30 PM
Saurabh Mukherjea, Founder & CIO
Pramod Gubbi, Co-founder & Head Sales
Tej Shah, Portfolio Manager
Next decade (Year 2020-Year 2030) throws lots of opportunities through the 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 a 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 a 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 the next 1 Year, and these present decent opportunities for making investments in the financial services sector, but by high-risk investment objective of 3 to 5 Years.
Team Marcellus with its strong filtration mechanism & investment philosophy is investing in Kings of Capital – a 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. The lending business is 60% of the portfolio, and non- lending is 40%.
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.
WISH TO MAKE INFORMED INVESTMENTS FOR LONG TERM WEALTH CREATION