Marcellus’ MeritorQ PMS takes a rules-based approach to screen for companies with low leverage, consistent profitability and which pass the Marcellus’s quantitative forensic accounting framework.
Overview
Marcellus’ MeritorQ PMS takes a rules-based approach to screen for companies with low leverage, consistent profitability and which pass the Marcellus’s quantitative forensic accounting framework. From this list of companies, approximately 35-45 companies which are both profitable as well as relatively mispriced are selected to form the final portfolio.
The portfolio is reconstituted semi-annually based on stated portfolio construction rules, effective on the first trading date of April and October.
Key features
Fee Structure
Marcellus’ MeritorQ PMS comes with zero entry load/exit load and with no lock-in.
| Regular Plan | Direct Plan | |||||
|---|---|---|---|---|---|---|
| Fixed | Variable | Hurdle | Fixed | Variable | Hurdle | |
| Fixed only | 2% | 0% | NA | 1.5% | 0% | NA |
Backtested Performance
| Period: July-2006 to Aug-2022 | BSE 500 | Strategy |
|---|---|---|
| CAGR(%) | 11.6 | 20.3 |
| Risk (%) | 23.2 | 22 |
| Downside Risk (%) | 16.9 | 16.2 |
| Return/Risk | 0.5 | 0.92 |
| Return/Downside Risk | 0.29 | 0.84 |
| Maximum Drawdown (%) | -66.4 | -59.4 |
| Rolling Returns | ||
| Average 36months rolling returns | 10.2 | 21.9 |
| Average 36months rolling risk | 21.3 | 20.4 |
| Average 36months rolling return/risk | 0.57 | 1.22 |
FUND MANAGER
Omkar Sawant, CA
Portfolio Manager
BCom, CA
DOCUMENTS
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