Prudent Equity launches maiden fund PMS, minimum ticket size of Rs 50 lakh
Prudent Equity launched its maiden growth strategy portfolio management service (PMS), which allows a minimum investment of Rs 50 lakh.
The fund leverages a bottom-up value investing approach, capturing mispriced opportunities while prioritising capital protection, and is designed for investors seeking long-term capital appreciation over 36 to 60 months.
The aforementioned fund features an active, long-only flexi-cap approach, aiming to outperform the S&P BSE 500 benchmark.
“The Growth Strategy PMS Fund aims to deliver returns that significantly surpass the benchmark, which is the S&P BSE 500. By leveraging a flexi-cap approach, the fund is positioned to capture a broad spectrum of market opportunities, aiming for long-term capital growth,” said Siddharth Oberoi, Founder and CIO of Prudent Equity, on the launch of the fund.
Prudent Equity aims to achieve Rs 250 crore in assets under management (AUM) for the Growth Strategy PMS Fund, which is tailored to meet the needs of a diverse range of investors, by the end of 2025.
“This dynamic flexi-cap fund integrates growth, value, and momentum strategies to adapt to changing market conditions. Our existing ACE fund has recently delivered a remarkable 75% return over the past 12 months, compared to 37% for the benchmark. Our focus on transparency and rigorous risk management will be key drivers as we aim to deliver meaningful returns for our investors,” Oberoi added.
The new PMS fund aims to enhance the company’s suite of investment solutions, offering tailored
