PMS Talk: Anirudh Garg turns Rs 50 lakh to Rs 2.5 cr since 2020; secures place in top 10 PMS funds in FY24

economictimes.indiatimes.com:

“We believe that each bull run brings forth new leaders due to significant shifts at the company, industry, national, or geopolitical level,” says Anirudh Garg, Partner & Head Research, INVasset PMS.

In an interview with ETMarkets, Garg said: “Early in the cycle, we identified that the most significant changes were happening in the Capex and Capex-oriented sectors, and public sector enterprises,” Edited excerpts:

Invasset PMS has garnered retention for its impressive performance in the financial year 24, standing out as a top performer. Could you share with us strategies or decisions that led to the success?
Anirudh Garg: At Invasset PMS, our approach to the markets is fundamentally quantitative. For most of this financial year, we were in what we call our 'Stage Two — Growth Stage'.

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We believe that each bull run brings forth new leaders due to significant shifts at the company, industry, national, or geopolitical level.

Early in the cycle, we identified that the most significant changes were happening in the Capex and Capex-oriented sectors, and public sector enterprises.

While other fund managers were critiquing these sectors, we acknowledged and adapted to these changes promptly, which was crucial in securing our position as the top-performing fund in India.

ETMarkets PMS Talk: How this Rs 200 cr fund manager turns Rs 1 cr to nearly 2 cr in FY24 and nearly Rs 6 cr in 4 years

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