AMBIT Good & Clean

KEY PORTFOLIO ATTRIBUTES #

Year of Inception 2015-03-12
Number of Stocks 19
Alpha (1Y) -2.42%
Beta (1Y) 0.86

About AMBIT CAPITAL

Ambit is one of India’s premier providers of financial advice and capital, focused on delivering tailor-made financial solutions that are suitable to clients’ needs. These are based on deep understanding of the Indian economy and market forces, unmatched research and client-focused approach. Their business acumen gives them the ability to see the big picture and understand the levers that affect the business drivers through smart decisions and actions that can increase the long-term profitability for clients resulting in sustainable growth.

Investment Objective

Equity exposure to Indian businesses that have an impeccable track record of clean accounting and governance, and efficient capital allocation.

Investment Strategy

• Good

Selection of companies on the basis of capital allocation track record and quality of improvement in financial metrics over the past six years

• Clean

Selection of companies on the basis of the quality of their accounts and corporate governance.

The ‘Good’ strategy helps generate upside while not compromising on the ‘Clean’ strategy, which reduces downside risk. Essentially, while the objective is to generate returns, the even bigger goal is to better manage draw downs because the company believes doing the latter successfully is critically vital in achieving the former.

Ambit’s proprietary forensic accounting framework helps weed out firms with poor quality accounts while our proprietary greatness framework helps identify efficient capital allocators with a holistic approach to consistent growth. The result is a concentrated portfolio of 15-16 stocks that draws down lesser than the market in corrections and has low churn (not more than 15-20% of the portfolio in any year amounting to 2-3 holdings being replaced).

Investment Philosophy

Clean Companies Imply : 
No political connectivity | High corporate governance | Clean accounting | High Promotors integrity | Ethics never compromised | No related party transactions | No favours to relatives | No linkages to bureaucrats

Good Companies Imply : 
Focused capital allocation | High ROE | High ROCE | Oligopolistic nature of business | High Earnings | High Cash flows

What is the time horizon : Invest with Minimum 3-year horizon, ideally 5 year horizon.

Exit Load Structure : Zero Exit Load

We at PMS AIF WORLD (www.pmsaifworld.com) do an unparalleled research, and suitability analysis. We recognize Ambit Good and Clean PMS as one of the right mid-cap investment products for informed investors.

Performance Table #


Trailing Returns (%) 1m return 3m return 6m return 1y return 2y return 3y return 5y return 10y return Since inception return
Ambit Investment Advisors Good and Clean0.30%-4.30%14.40%29.60%25.80%18.30%19.50%15.80%
BSE 500 TRI0.10%-4.40%7.90%27.00%20.00%16.80%19.60%13.90%

QRC Report Card *




VIEW DETAILED QUALITY, RISK, CONSISTENCY ANALYSIS

Portfolio Holdings


Holding %
P I INDUSTRIES LTD 6.00
Balkrishna Industries Ltd. 6.00
Deepak Nitrite Ltd 5.00
Trent Ltd 5.00
Blue Star Ltd 5.00

Sector Allocation


Holding %
Financials 23.00
Consumer Discretionary 15.00
Specialty Chemicals 11.00
Automobile 11.00
Information Technology 10.00

Market Cap Allocation


Allocations %
Large Cap 19
Mid Cap 65
Small Cap 10
Cash 6

Do Not Simply Invest, Make Informed Decisions

WISH TO MAKE INFORMED INVESTMENTS FOR LONG TERM WEALTH CREATION

imageBook a call with our PMS AIF Specialists

Disclaimer

#Returns as of 30 Nov 2024. Returns up to 1 Year are absolute, above 1 Year are CAGR.

*QRC Report Card data is updated quarterly. Current data is as of Oct 24.


Do Not Simply Invest, Make Informed Decisions

Subscribe To Our Newsletter

By PMS AIF WORLD • Over 30,000 Subscribers

Stay informed about our exclusive analysis, reports, webinars and valuable insights.

This will close in 0 seconds

This will close in 0 seconds