APMI

Growth & Value

Investment Approach Details

₹105.13

(AUM CR)

PMS Provider Name

J M Financial Ltd

Benchmark

S&P BSE 500 TRI

Strategy Name

Equity

Product Name

Equity

Date Of Inception

01/03/2005

Age

19.2 Years

Min. Inv. Amount

5000000

Fixed Fees Structure

NA

Variable Fees Structure

NA

Exit Load

NA

Purpose

The investment objective of this Investment Approach is to generate long term capital
appreciation by following broad based portfolio investment strategy, where the
Portfolio Manager will focus on investing in listed equity shares of Indian companies
and equity related instruments/units of the Exchange Traded Funds (â??ETFsâ??). The
emphasis will be investing in those companies that are predominantly Large-cap and
Larger Mid-cap shares perceived to be â??attractively valuedâ?? from the point of view of
their long-term growth prospects and potential. Examples of the factors due to which
the companies may be perceived as attractively valued are listed below:
ï?· Companies that appear to have under-valued assets.
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ï?· Companies in niche segments with scale-up potential.
ï?· Companies going through a temporary crisis but their underlying business
structure and outlook appears to be robust.
ï?· Changes in management, restructuring and shifts in business and economic
conditions.
ï?· Potential for value enhancements from strategic sale, de-regulation, economic
legislation, reform thrusts, industry shakeouts, etc.
ï?· Quality of management.
ï?· Market leader with consistent growth
Other factors the Portfolio Manager may consider when choosing a stock for
investment in this portfolio could be:
ï?· Sustainable Earnings visibility â?? Consistency of returns and quality of profits
ï?· Businesses with strong moats
ï?· Strong operating cash flows
ï?· Sectors capable of high growth
ï?· High Return on capital employed [ROCE] and Returns on Equity [ROE]
ï?· Credible Management Track record
ï?· Stocks capable of high earnings growth and compounding including through
competitive advantages in terms of pricing/ cost/ technology used
ï?· Evidence of growing market share gains and new business penetration
ï?· Valuations in a position to be strongly re-rated along with high growth.
ï?· Whether stock is in investment phase aligned with high-growth market
opportunity.
ï?· Contra / Special situations.
ï?· Capability of revival. Stock price down substantially from 52 week / All time
highs
ï?· Strong brands, products, market position.
ï?· Quality management with track record of strong earnings growth.

Fund Manager Details


NIRAV GANDHI
Work Exp. NA
Email ID Nirav.Gandhi@jmfl.com
Mobile No NA
Details NA

Period-Wise Performance

IA vs. Benchmark Performance

Turnover Details As On 31/03/2024

1 Month Turnover

0.17

1 Year Turnover

1.22