In a recent survey conducted by PMS AIF World, our investment advisor - SageOne Investment Manager's equity strategies have achieved top rankings for their risk adjusted returns* out of a survey of 200 PMS strategies across India.
In particular, SageOne Investment Core Portfolio, which is the onshore portfolio of the SageOne India Growth Master Fund managed by Lighthouse Canton, was ranked 3rd for its performance as of end of March 2022.
For more details, please see this link.
The above industry recognition is an acknowledgement of Lighthouse Canton's and SageOne Investment Manager's belief in the growth and opportunity currently present in the small and midcap space in India. Samit Vartak (Founder and CIO of SageOne Investment Managers) believes that the current opportunity to invest in India is unique as corporate India has been operating with a very lean balance sheet with extremely low debt levels thereby creating room for growth and expansion plans. Despite the recent volatility witnessed in the global markets, the Indian markets have remained considerably stable when compared with other developed and emerging economies where the corrections have been significant. The coming few years for the Indian economy look promising as government reforms in recent times have been supportive of corporate growth and companies looking to diversify away from China have been considering India as a viable option.
* The ranking by PMS AIF World has been done on a since inception basis for all funds on the basis of the Information Ratio (IR). SageOne Core Portfolio, managed by SageOne Investment Managers ,has been active since March 2012, the performance of the fund has been calculated in INR. The SageOne India Growth Master Fund is the offshore Fund Managed by Lighthouse Canton which runs pari-passu to the onshore SageOne Core Portfolio.
Ranking was measured based on the IR metric that measures the consistency of the fund manager in generating superior performance, adjusted for risk vis-a-vis the benchmark index. The ratio throws light on the fund manager’s ability to generate sustainable excess returns or abnormally high returns over a period. When comparing funds, the fund with the higher IR indicates better risk-adjusted returns. (Source PMS AIF World Report)