Absolute Freedom Portfolio
Investment Objective
To generate outsize returns over 3–5 years, through a portfolio which may predominantly invest in large cap stocks and selectively in quality mid cap, small cap and micro-cap stocks.
Type of Securities
Portfolio will invest in listed equity and equity related instruments. The portfolio can have some exposure to debt instruments including Money Market Instruments, units of mutual fund, fixed deposits, or any other securities as may be specified by SEBI from time to time.
Benchmark and basis for choice of benchmark
S&P BSE 500; The Portfolio Manager would endeavour to generate capital appreciation by investing in a portfolio that may primarily invest in large cap & selectively in midcap, small cap & microcap stocks. Hence, an equity benchmark will be an appropriate choice to compare the performance. The above mentioned benchmark is the most suitable amongst the benchmarks made available vide circular APMI/2022-23/02 dated March 23, 2023 & revised Annexure I received on 31st March 2023 issued by Association of Portfolio Managers in India.
Indicative investment horizon
Ideal investment horizon for any equity investment should be long term in nature for compounding to work for the Client. However, the indicative investment horizon for the portfolio should be at least 3 years.
Basis of Selection
Listed equity and equity related instruments will be selected basis the in-house proprietary research carried out by the portfolio management team, in accordance with investment objective of the Portfolio. Debt instruments will be typically used for temporary parking of Funds pending deployment in market wherein liquidity and safety will be the primary basis for selection.
Investment Style
• Predominantly in Large cap stocks, provides stability to the portfolio.
• Mid cap, Small cap and Micro cap adds to the upside potential.
• Bottom up stock picking based on our unique “Must 5” Quality framework, aim to identify those stocks which have a potential of delivering outsize returns.
• Investments are made with a Buy & Hold view.
Allocation
Equity & equity related instruments: 70%-100%
Debt instruments: 0%-30%
Portfolio Suitability
Investors seeking to invest predominantly in large cap stocks and selectively in quality mid cap, small cap and micro-cap stocks.
Top Ten Holdings *
| Security | % Assets |
|---|---|
| Bharti Airtel Limited | 7.3% |
| HDFC Bank | 7.2% |
| Reliance Industries Ltd | 6.0% |
| ICICI Bank | 4.9% |
| Ultratech Cement Ltd | 4.1% |
| One97 Communications Ltd | 3.9% |
| Titan Company Limited | 3.1% |
| Infosys Ltd | 3.0% |
| Mastek | 2.6% |
| NTPC Limited | 2.6% |
Portfolio Performance *
| Period | Portfolio | BSE 500 TRI | BSE 200 TRI |
|---|---|---|---|
| 1 Month | 3.1% | 3.7% | 3.5% |
| 3 Months | 11.7% | 10.8% | 9.8% |
| 6 Months | 5.4% | 5.9% | 6.8% |
| 1 Year | 2.1% | 5.1% | 5.6% |
| 2 Years | 20.6% | 20.5% | 19.8% |
| 3 Years | 22.2% | 21.7% | 20.9% |
| 5 Years | 22.2% | 24.0% | 23.2% |
| Since inception date 24/09/2004 | 14.8% | 15.8% | 15.7% |
Sector Allocation
Investment Style
For the full strategy presentation, please contact us.