PMS

AMC : Marcellus

Strategy : Consistent Compounders

Category : Multi Cap

Incep Date : 01-12-2018

Investment Objective :

The objective of the Strategy to invest in a concentrated portfolio of heavily moated companies that can drive healthy earnings growth over long periods.

Investment Description :

Concentrated portfolio of top 1% companies (Coffee CAN Investing).It identifies firms with high pricing power that helps sustain a wide gap between returns on capital employed and cost of equity. The portfolio aims holds such firms for 8-10 years on average where healthy returns are generated with volatility like that of a government bond. Portfolio construction involves a two stage process: 1) Filter based approach to create an investible universe of 30-35 stocks 2) In-depth bottom-up research of such companies in the universe to assess sustainable competitive moats to build a portfolio of 10-20 stocks that deliver healthy compounded earnings growth over long periods of time.

Investment Strategy :

Concentrated portfolio of top 1% companies (Coffee CAN Investing).It identifies firms with high pricing power that helps sustain a wide gap between returns on capital employed and cost of equity. The portfolio aims holds such firms for 8-10 years on average where healthy returns are generated with volatility like that of a government bond. Portfolio construction involves a two stage process: 1) Filter based approach to create an investible universe of 30-35 stocks 2) In-depth bottom-up research of such companies in the universe to assess sustainable competitive moats to build a portfolio of 10-20 stocks that deliver healthy compounded earnings growth over long periods of time.

Scheme Document

Coming soon