AMRIT KAAL OPPORTUNITIES FUND CAT III
Regn No. IN/AIF3/23-24/1435 Fund Manager : Mr. Sadanand Shetty
Strategy Synopsis
Amrit Kaal Opportunities Fund CAT III
Strategy
Invest at least 60% in small cap companies which have high growth potential. Rest of the portfolio will be allocated across large, mid cap companies.
Stock Holdings
Well diversified concentrated portfolio driven by bottom up stock selection.
Key Themes
Target high quality small cap business which are undervalued and have a sustainable business. The fund shall seek to invest with a time horizon of 3-5 years. Fund may also consider investing in companies which may be undergoing special situations or are in the midst of unfavorable business cycle and mispriced by the market. Disruptive trends/ new theme will create opportunities for the investors.
Flexibility
Unconstrained w.r.t sector.
Risk Mitigation
Emphasis on management quality and entrepreneurship. Strong investment process to complement risk management.
Strategy
Invest at least 60% in small cap companies which have high growth potential. Rest of the portfolio will be allocated across large, mid cap companies.
Stock Holdings
Well diversified concentrated portfolio driven by bottom up stock selection.
Key Themes
Target high quality small cap business which are undervalued and have a sustainable business. The fund shall seek to invest with a time horizon of 3-5 years. Fund may also consider investing in companies which may be undergoing special situations or are in the midst of unfavorable business cycle and mispriced by the market. Disruptive trends/ new theme will create opportunities for the investors.
Flexibility
Unconstrained w.r.t sector.
Risk Mitigation
Emphasis on management quality and entrepreneurship. Strong investment process to complement risk management.
Investment Process
Fundamental Parameters
- Robust business models
- Corporate governance
- Earnings & balance sheet quality
- Valuations pattern
Technical Parameters & Special Situation
- Market Capitalization
- Institutional holdings
- Liquidity/ Volumes
- Technical Charts
- Event driven
- Tactical trades
- IPOs/ QIP/ OFS/ PRE-IPO
Thematic Parameters
- Changing consumer behaviour
- Market leadership: Gaining
market share - Regulatory & technology changes
- Structural sectoral changes
- Temporary business headwinds
Risk management
Company Risk
Bottom-up research on the promoter, business & history plays an important role. Focused balance sheet & numbers will help us in mitigating company risk.
Market Risk
Focusing on the fair value of the stock than euphoria and bear phase of the market.
Concentration Risk
Diversified portfolio & 10% stock level cap will help in mitigating the risk.
Valuation Risk
Getting it early & discount to fair value is an important objective. Detached to flavor of the season & narrative will also help in optimising the valuation.
Liquidity Risk
Portfolio will take advantage of the optimal growth stage over the 3-5 year horizon. Appropriate mix of stocks will neutralise the portfolio liquidity risk.
Company Risk
Bottom-up research on the promoter, business & history plays an important role. Focused balance sheet & numbers will help us in mitigating company risk.
Valuation Risk
Getting it early & discount to fair value is an important objective. Detached to flavor of the season & narrative will also help in optimising the valuation.
Market Risk
Focusing on the fair value of the stock than euphoria and bear phase of the market.
Liquidity Risk
Portfolio will take advantage of the optimal growth stage over the 3-5 year horizon. Appropriate mix of stocks will neutralise the portfolio liquidity risk.
Concentration Risk
Diversified portfolio & 10% stock level cap will help in mitigating the risk.