At Marcellus, our purpose is to make wealth creation simple and accessible
We do this by being trustworthy and transparent capital allocators. Our philosophy at Marcellus has evolved from the ideas of Kirby and Thiel, which we have refined further.
Our investing approach has three pillars –
Clean Accounts
Our quantitative frameworks which use a combination of forensic accounting and capital allocation assessment define our investible universe.
Capital Allocation
We look for companies with superior track record of capital allocation. We love companies that generate free cash flows and reinvest them in the business to fuel further growth.
Competitive Advantage
Our experienced investment team through in-depth primary research constructs a portfolio of companies with deep competitive moats.
AUM
₹ 9511 Cr
Investors
7993
Average AUM
₹ 1.19 Cr
We hold companies for long periods of time which allows us to capture the magic of long-term compounding and deliver superior returns.
We don’t
Get swayed by short-term trends
Time the Market
Keep a watch on the tickers throughout the day
Make an exception to Marcellus 3C Filter
Our investment criteria
Each company in our portfolio goes through a rigorous and uncompromising filter before they are selected in our investment basket.
Invest with us
Consistent
Compounders
Our flagship PMS product that invests in companies with clean accounts, superior record of capital allocation and high barriers to entry.
Rising
Giants
Our flagship PMS product that invests in companies with clean accounts, superior record of capital allocation and high barriers to entry.
Little Champs
Small-cap strategy that invests in companies with excellent corporate governance and capital allocation track record and strong sustainable competitive advantages.
Kings of Capital
Our financials sector focused investment strategy with a portfolio banks, NBFCs, life and general insurers, asset managers and brokers.
MeritorQ
A rules-based approach to screen for companies with low leverage, consistent profitability and which pass the Marcellus’s quantitative forensic accounting framework.
Global Compounders
Invests in 20-30 deeply moated global companies based on rigorous bottom-up research around moats, capital allocation and sustainability of cash generation into the long-term future.
The Maths, Science and Art of Investing in Equities
Equity investing can be a complex business. The variables at play are...
Read OUR NEWSLETTERSWhat they don’t tell you about high P/E stocks
P/E multiples are deceptively damaging for anyone seeking long term...
VISIT OUR BLOGWhy investors should focus on free cashflows
Prefer watching to reading? Check out our webinars and videos here
WATCH OUR VIDEOS
The Coffee Can companies are the Rahul Dravids of the business world – rare, determined and constantly seeking to improve the edge or the advantage they enjoy vis-à-vis their competitors
-CCP Newsletter, Nov 2021
Meet our leadership team
Dive deeper into our philosophy
Over the years we've authored several books that reflect our thinking
Recent release
Diamonds in the Dust: Consistent compounding for extraordinary wealth creation
by Saurabh Mukherjea, Rakshit Ranjan, Salil Desai
There are three reasons why reading Marcellus’ latest book will help those who are interested in the stock market: (1) Our guru, Sir John Kay’s Foreword will help you appreciate the basics of sensible investing in five minutes flat. (2) Accounting fraud in India is widespread and complex and this book will help you understand the principles of fraud detection.
Three longs and three shorts
Short Reads
Short read: To marry or not to marry: What’s stopping young urban Indians from saying ‘I do’
The opening lines of this insightful piece from Rinku Ghosh has one of the central characters featured in the story saying, ““Marriage today has become a complex challenge. Everybody has their individual goals and pressures to deal with. And aligning them or accommodating each other without acrimony and regret is the toughest task. No one […]
Nov 18 . 1 MIN READ
Short read: Indian experts hail breakthrough in bid to save huge native bird
It is not just middle class Indians who are having problems finding a mate. The great Indian bustard is also having a problem. So much so that it is now a critically endangered species. However, good old Indian jugaad has now been deployed to shore up the bustards numbers. Cherylann Mollan writes: “Wildlife officials in […]
Nov 18 . 3 MIN READ
Short read: 10 Investing Lessons from the 2024 Election
Investors tend to follow political developments particularly elections with great interest with the hope that they can align their portfolios to benefit from these developments. Implicit in this is an assumption that elections have a bearing on investment returns. The market’s rally since the elections reinforces that belief. But in this piece, Barry Ritholtz providing […]
Nov 18 . 3 MIN READ
Long Reads
Long read: ‘These are people in the prime of life’: The worrying puzzle behind the rise in early-onset cancer
David Cox’s story is about a subject that should be of interest to most of us: “There are rising cases of breast, colorectal and other cancers in people in their 20s, 30s and 40s… The investigation’s early findings, presented by an international team at the Union for International Cancer Control (UICC) congress in Geneva in […]
Nov 18 . 4 MIN READ
Long read: At Mar-a-Lago, ‘Uncle’ Elon Musk Puts His Imprint on the Trump Transition
As voting patterns emerge, it appears that Donald Trump’s unexpected landslide win is more due to the American working class’ disappointment with the Democrats than a pro-Trump vote. Yet, markets have rallied reinforcing Trump’s pro-business stance. Indeed, the Trump campaign did benefit from the support of the business community, most notably Elon Musk, the world’s […]
Nov 18 . 3 MIN READ
Long read: Why I gave up trying to delete myself from the internet
Our increasingly digital lives have meant that the outside world knows more about us than we would like. It is not just about our individual preference for privacy, this exposes us to real risk of impersonations and online fraud. In this piece, the author, a journalist at The Economist shares her experience of trying to […]
Nov 18 . 3 MIN READ
FAQs
A Portfolio Management Service is a platform created especially for high net-worth individuals to provide customized solutions for their financial investment needs. Investment management solutions in a PMS can be provided in three ways – Discretionary Portfolio, Non-Discretionary Portfolio, Advisory Portfolio.
Portfolio Management Services are regulated by Securities and Exchange Board of India (SEBI) under PMS Regulations.
Yes. For investment in listed securities, an investor is required to open a new demat account in his/her own name.
The minimum ticket size applicable at the time of opening a new account, is the same as regulatory minimum of Rs. 50 lakhs.