Rising Giants
High quality mid-sized companies have been amongst the biggest wealth creators in Indian equities over the last 3, 5 and 10 years.
High quality mid-sized companies have been amongst the biggest wealth creators in Indian equities over the last 3, 5 and 10 years.
High quality mid-sized companies have been amongst the biggest wealth creators in Indian equities over the last 3, 5 and 10 years. Marcellus Rising Giants PMS intends to identify and invest in such high quality mid-sized companies (typically less than INR 75bn market-capitalisation, predominantly in the INR 7 to 75bn range) with: 1) Well moated dominant franchises in niche segments; 2) A track record of prudent capital allocation with high reinvestment in the core business and continuous focus on adjacencies for growth; and 3) Clean accounts and impeccable corporate governance.
From a universe of ~450 companies in this segment, a portfolio is constructed of 15-20 companies which make it past Marcellus’ proprietary forensic accounting & capital allocation filters as well as our bottom-up stock selection & position sizing framework.
Performance (as of 31st August, 2023)
Performance data is net of annual performance fees charged for client accounts whose account anniversary date falls upto the last date of this performance period. Since fixed fees and expenses are charged on a quarterly basis, effect of the same has been incorporated upto 30th June 2023. Performance data is not verified either by the Securities and Exchange Board of India or U.S. Securities and Exchange Commission. This circulation is not intended for US clients.
FUND MANAGER
