The AWE mutual fund approach at the @capitalmind_in PMS has been a wealth builder for many investors, as it crossed 4 years in existence. Take a look:
Capitalmind Financial Services Private Limited, SEBI Registered Portfolio Manager: INP000005847 In 2022, almost every PMS in India was built on direct stocks. We built All Weather Equity (AWE), one of the first MF-based PMS strategies in India four years ago. The push came from senior professionals whom we kept hearing from. Some weren’t allowed to own individual stocks by their employers. Others could, but only inside narrow clearance windows due to insider-trading norms. The bigger surprise was that most of them weren't short of fund managers. In fact, they had too many. Multiple PMSs and AIFs, a bouquet of mutual funds bought across a decade, half doing the same job, and a combined return that barely beat the index after fees. So we built one portfolio to hold anyone’s entire equity allocation for every 5-year-plus goal. One portfolio for all your long term goals, which can be funded by lump sum or SIP or both. Around 40% sits in low-cost index funds anchoring the portfolio to broad market returns. The other 60% goes into actively managed equity funds picked by a rules-based model, and that's where the outperformance has come from. As of today, we manage around ₹300 cr in this strategy, and it has helped many of our clients build wealth steadily. Since inception, AWE has compounded at 16.6% a year (net of our fees) against Nifty 50's 12.2%. The AWE strategy has beaten its benchmark in every 2-year and 3-year rolling window since launch. We do not charge a performance fee. Taking a cut of your profits based on the performance of the underlying mutual fund managers is like taking credit for someone else’s skill. Hence, we only charge a low fixed management fee as a percentage of investment to research and curate a selection of just 6-8 funds (direct plans only) out of the hundreds available, review and rebalance periodically, and to essentially manage the only equity mutual fund portfolio you need. If any of that sounds relatable, AWE might be worth a look. Our Client Advisory Team will also review your existing mutual fund holdings and show how AWE fits in. Set up a call using this link or write to us at [email protected].
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