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MoneyGrow PMS Achieves Strong Performance Amid Market Volatility
ETMarkets PMS Talk | We stayed fully invested through elections, tariffs and war fears — and outperformed: Manish Gupta & Viraj Mahadevia of MoneyGrow PMS
Image: The Economic Times
Despite significant market volatility over the past three years due to elections, tariffs, and geopolitical tensions, MoneyGrow PMS has outperformed its benchmark by focusing on domestic businesses with strong earnings growth. Leaders Manish Gupta and Viraj Mahadevia express optimism about India's long-term growth and highlight sectors like financials and manufacturing as key opportunities.
- 01MoneyGrow PMS has outperformed benchmarks by investing in domestic businesses with consistent revenue and earnings growth.
- 02The fund maintains a high allocation to small and mid-cap stocks, focusing on companies with strong EPS growth potential.
- 03Key sectors for future wealth creation include financials, capital markets, and manufacturing, particularly in recycling and gold mining.
- 04Management quality and corporate governance are critical factors in investment decisions, with a strong emphasis on promoter integrity.
- 05Despite foreign institutional selling, sectors like financials and telecom are expected to perform well in the coming years.
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MoneyGrow PMS, led by Managing Director Manish Gupta and Portfolio Manager Viraj Mahadevia, has successfully navigated the volatility in Indian equities over the past three years, characterized by elections, tariff issues, and geopolitical tensions. By concentrating on domestic businesses with robust earnings growth, the fund has outperformed its benchmark since its inception. Gupta and Mahadevia emphasize their strategy of remaining fully invested and focusing on companies with strong earnings per share (EPS) growth rather than attempting to time the market. They express confidence in sectors such as financials, capital markets, and manufacturing, which they believe will drive future wealth creation. The fund's investment approach includes a rigorous assessment of management quality and corporate governance, highlighting the importance of promoter integrity. Despite recent foreign institutional investor sell-offs, they remain optimistic about the market's potential, noting that valuations have become more attractive and opportunities are more accessible compared to two years ago.
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The performance of MoneyGrow PMS indicates a potential positive shift in investment strategies among domestic investors, particularly in small and mid-cap sectors.
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