| Alpha (1Y) | Beta (1Y) | Standard Deviation (1Y) | % of +ve Months (SI) |
|---|
Nine Rivers Capital -Aurum Small Cap Opportunities
Key People
Sandeep Daga
MD & CIO
Investment Approach
Nine Rivers adhere to a disciplined 360-degree approach to investments that requires us to remain nimble & inventive in our thinking at all times. They endeavour to buy solid businesses that exhibit multi-year structural growth run by good management teams and are available at a significant discount to their intrinsic value.
They generally look for the following attributes in prospective investee companies:
- Being a dominant player in a niche vertical
- Aided by policy tailwinds / changing consumer dynamics / technology etc
- Robust balance sheets – we stay away from fragile balance sheets
- Business generates / has the potential to generate high ROE / ROCE
- Non / under coverage by ‘sell side’ analysts.
Their proprietary ‘Price Guardrail Strategy’ – key to credible risk mitigation
They have developed a proprietary framework that we deploy to assign an ‘entry price guardrail’ and an ‘exit price guardrail’ to each stock that is approved for investment. They strongly believe that the most effective risk mitigant in small and mid-cap investing is to ‘not overpay’ to buy a stock and therefore we assign the aforesaid guardrails to each stock. They buy a stock as long as it is available within our entry price guardrail and we sell a stock the moment it breaches our exit price guardrail. Their Price guardrail framework has helped us contain excessive volatility and significant drawdown in our portfolio despite the many turbulent events in the market over last few years.
Investment Philosophy
Investment Process
Based on the key learnings from their private equity legacy, their investment process is a confluence of qualitative and quantitative analysis wherein each of our team members get ample opportunity to do ‘original’ thinking and yet adhere to a prescribed discipline leading to superlative outcomes.
Performance Table #
| Trailing Returns (%) | 1m return | 3m return | 6m return | 1y return | 2y return | 3y return | 5y return | 10y return | Since inception return |
|---|---|---|---|---|---|---|---|---|---|
QRC Report Card *
| Strategy | Category | Fund Manager | Date of Inception | Age Of PMS | Corpus (in Cr, approx) | Benchmark | Returns SI (CAGR) | Stocks In Portfolio | Sectors In Portfolio |
|---|---|---|---|---|---|---|---|---|---|
| Nine Rivers capital Aurum Small Cap Oppprtunities | Small Cap | Sandeep Daga & Vivek Ganguly | 31 December 2012 | 12Y 0M | BSE 500 TRI | 18 |
| Portfolio Quality (Q) | Portfolio Risk (R) | Portfolio Consistency (C) | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Index | Category Alpha (1Y) | Relative Alpha (1Y) |
% of +ve Months
(Fund Data) |
Alpha (1Y) | Beta (1Y) |
Standard Deviation (1Y)
(Fund Data) |
Sharpe Ratio (1Y)
(Fund Data) |
Alpha (SI) | Information Ratio (SI) | Consistency Ratio % |
| Nifty 50 | 8.65% | -11.69% | 64.34% | -3.04% | 0.55 | 14.96% | 1.34 | 16.45% | 0.89 | 58.04 % |
| Nifty 500 | 0.41% | -11.63% | -11.22% | 0.65 | 14.97% | 0.91 | 55.94 % | |||
| Nifty Midcap 100 | -10.36% | -10.15% | -20.51% | 0.60 | 11.83% | 0.83 | 57.34 % | |||
| Nifty Smallcap 100 | -15.19% | -8.04% | -23.23% | 0.71 | 14.52% | 1.05 | 57.34 % | |||
VIEW DETAILED QUALITY, RISK, CONSISTENCY ANALYSIS
Do Not Simply Invest, Make Informed Decisions
WISH TO MAKE INFORMED INVESTMENTS FOR LONG TERM WEALTH CREATION
Book
a call with our PMS AIF Specialists
Disclaimer
#Returns as of 31 Dec 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.
