Prudent Equity, a Gurugram-based company Asset Management The company has launched its first Growth Strategy Portfolio Management Service (PMS).
The fund, which will be available in July 2024, is structured to cater to investors seeking long-term capital appreciation.
The minimum investment required to participate in this fund is Rs 50 lakh, making it a great option for serious investors.
Investment approach and strategy
The PMS Growth Strategy employs a bottom-up value investing approach designed to identify and capitalize on undervalued opportunities in the market.
The method aims to provide solid capital protection while ensuring consistent growth. The fund is designed to meet the investment needs of high net worth individuals (HNWI) and ultra-high net worth individuals (UHNWI), and offers a one-stop solution for those with medium to long-term financial goals. Investors can expect the fund to perform over a period of 36 to 60 months.
Fund management and objectives
The fund is managed by Diwakar Rana, who has over five years of experience at Prudent Equity. Rana emphasizes a blended investment approach that integrates growth, value and momentum strategies, providing a versatile tool to navigate different market conditions.
“This PMS offers a streamlined investment experience by managing all aspects of the market within a single fund. We focus on strong capital protection and value-based opportunities, offering a resilient and comprehensive investment strategy,” Rana said, highlighting the fund’s unique approach.
Aiming to reach Rs 250 crore in assets under management
Prudent Equity has set a target for its new fund, aiming to reach Rs 250 crore in assets under management (AUM) by the end of 2025.
The goal aligns with the company’s broader mission to consistently meet investor needs and deliver exceptional services.
The launch of this PMS is seen as a natural progression for Prudent Equity, which has built a reputation for its client-centric approach since its inception in 2012.
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