Overview
Under the Non-Discretionary Services, the Portfolio Manager will manage client’s portfolio in accordance with the directions received from the client and pursuant to client’s consent being received for each investment/transaction. The investment objectives and approach will be in accordance with the general objectives described in the Disclosure Document and as per the specific objectives set out in each Client Agreement.
Portfolio Strategy
The construct of the portfolio will be in line with the client requirements. Pending deployment of funds of the Portfolio in securities in terms of the investment objective, the funds of the Portfolio may be parked in short term deposits of scheduled commercial banks or in the liquid and debt schemes of PGIM India Mutual Fund.
Investment Process
The starting point for selection of securities would be a top down and bottom up approach and the Portfolio Manager’s analysis of business cycles, regulatory reforms, competitive advantage etc. Selective stock picking will be done from the sectors identified from the Portfolio Manager’s analysis.
The Portfolio Manager, in selecting scrips, will focus among other aspects, on the fundamentals of the business, the industry structure, the quality of management, sensitivity to economic factors, the financial strength of the company and the key earnings drivers. Stock specific risk will be minimized by investing only in those companies that have been analysed by the Portfolio Manager. Risk will also be reduced through adequate diversification of the portfolio which will be achieved by spreading the investments over a range of industries/sectors.
The Portfolio Manager, in selecting scrips, will focus among other aspects, on the fundamentals of the business, the industry structure, the quality of management, sensitivity to economic factors, the financial strength of the company and the key earnings drivers. Stock specific risk will be minimized by investing only in those companies that have been analysed by the Portfolio Manager. Risk will also be reduced through adequate diversification of the portfolio which will be achieved by spreading the investments over a range of industries/sectors.
Investment Approach
Investment Objective
The aim of the portfolio is to deliver capital growth from an actively managed portfolio where the underlying holdings will be selected in accordance with research capabilities of the Portfolio Manager and under the investor’s discretion & directions.
Types of Securities
Funds would be predominantly invested in listed equity and equity related instruments and up to 25% of the Assets Under Management may be invested in unlisted equity.
Basis of selection
The starting point for selection of securities would be a top down and bottom up approach and the Portfolio Manager’s analysis of business cycles, regulatory reforms, competitive advantage etc. Selective stock picking will be done from the sectors identified from the Portfolio Manager’s analysis. The Portfolio Manager, in selecting scrips, will focus among other aspects, on the fundamentals of the business, the industry structure, the quality of management, sensitivity toeconomic factors, the financial strength of the company and the key earnings drivers. Stock specific risk will be minimized by investing only in those companies that have been analysed by the Portfolio Manager. Risk will also be reduced through adequate diversification of the portfolio which will be achieved by spreading the investments over a range of industries / sectors.
Portfolio Allocation
The construct of the portfolio will be in line with the client requirements. Pending deployment of funds of the Portfolio in securities in terms of the investment objective, the funds of the Portfolio may be parked in short term deposits of scheduled commercial banks or in the liquid and debt schemes of PGIM India Mutual Fund.
Investment horizon
The horizon would depend on the portfolio construct in accordance with the directions provided by the client.
Risk Associated
Equity Market Risk, Concentration Risk, Liquidity Risk shall exist for any investments, especially in unlisted companies or Pre IPO investments. For further details on risks, please refer to section on ‘Risk Factors’ provided in the Disclosure Document.
Portfolio Manager
Surjitt Singh Arora,
Principal Officer and Portfolio Manager - Portfolio Management Services,
PGIM India Asset Management Pvt. Ltd.
PGIM India Asset Management Pvt. Ltd.
Surjitt Singh Arora is Portfolio Manager – Portfolio Management Services at PGIM India Asset Management Private Limited.
Surjitt Singh Arora has more than 18 years of rich work experience in the Equity Markets including over 8 years in the asset management industry. In his last stint, Surjitt was Head - PMS and Head - Principal Officer with Tata Asset Management, where he was managing Tata ACT and Tata Emerging Opportunities Portfolio. Prior to that he was with Tata Mutual Fund as Equity Research Analyst.
Surjitt holds a Bachelor’s degree in Management Studies from Sydenham College, Mumbai and a Master’s degree in Management Studies from Sydenham Institute of Management and Research (SIMSREE), Mumbai.
Performance
Varies across clients
Portfolio
Varies across clients
Our Offerings
PGIM India
Core Equity Portfolio
We measure quality as a mark of longevity. That’s how we select companies at reasonable valuations and with the potential of creating long-term wealth in a multi-cap portfolio.
PGIM India
Phoenix Portfolio
PGIM India Phoenix Portfolio seeks out small and mid-cap companies that are close to an inflection point in their lifecycle either due to a cyclical or structural changes.
PGIM India
Equity Portfolio
We measure quality as a mark of longevity. That’s how we select companies at reasonable valuations and with the potential of creating long-term wealth in a multi-cap portfolio.
PGIM India
EQUITY PORTFOLIO – SERIES I
PGIM India Equity Portfolio – Series I (High Conviction Themes) seeks to generate returns by investing in a portfolio of quality companies that are beneficiaries of efficient operating.
PGIM India
EQUITY PORTFOLIO – SERIES ii
PGIM India Equity Portfolio – Series II seeks to generate returns by investing in a portfolio of predominantly quality stocks with good fundamentals.
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