PMS – Miles and smiles

Which PMS strategy is better – Concentrated or Broad-based?

Let’s take two well known examples – from the Marcellus fund house, their flagship PMS scheme, the Consistent Compounders Portfolio (CCP) and from the White Oak India fund house, their flagship PMS scheme, the Pioneers Equity Portfolio. The Consistent Compounders Portfolio (CCP) is a large cap focused PMS fund holding just fourteen stocks (as on…

18.6% CAGR: Marcellus Consistent Compounders Portfolio (CCP) – Great, good enough or bad?

And so, are the returns from the PMS fund great, good enough or bad? If you are invested in Marcellus CCP fund, the net value of your portfolio in CCP depends on when you started investing in the fund and the type of fee structure you opted for. The year of inception for their flagship…