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AIF Key Highlights

Particulars
Quest Smart Alpha – Rising Leaders
Quest Smart Alpha – Sector Rotation
Type
CAT III AIF
CAT III AIF
Overview
100% Mid and Small Cap focussed portfolio, with stock selection on bottom up basis.
A Multi-cap sector agnostic fund seeking to benefit from the Sector and Stock Rotation strategy in Indian Equity Markets
Investment Strategy
Please click here ‘Objectives – Smart Alpha Rising Leaders’
Please click here ‘Objectives – Smart Alpha Sector Rotation’
Highlights
Please click here ‘Highlights – Smart Alpha Rising Leaders’
Please click here ‘Highlights – Smart Alpha Sector Rotation’
Inception date
28-Apr-2023
10-May-2022
Tenure
4.5 years, extendable by 2 years
4 Years, extendable by 2 years
Subscription status
Open for subscription
Closed for subscription
Benchmark
NSE MidSmallcap 400
NSE 500
Performance – Since Inception * (As on 30th September 2023)
Fund is currently raising commitments.
16.26%

* Unuadited performance; for Class A1, post taxes paid and on annualized basis for period exceeding 1 year

Objectives - Smart Alpha - Rising Leaders

Focus on quality mid and small cap companies

Bottoms up approach. Sector agnostic.

Don’t overpay for businesses; keep an eye on valuation

Be active in managing cash levels in portfolio taking advantage of sharp swings in market and valuations

Highlights - Smart Alpha - Rising Leaders

1
KEY STRATEGY

The fund would be focused on selecting Midcap and Smallcap companies where high growth is visible and meets our investment parameters

2
BOTTOMS UP SELECTION

The fund would follow a bottoms up approach with some overlay of favorable sectors taking into consideration the prevailing macros

3
NO. OF STOCKS
20-30 stock portfolio.
Floor market cap – 1000 Cr
Ceiling market cap – Market cap of 100th stock as per AMFI category
4
MARKET CAP ALLOCATION
Mid and small cap – 50-100% Cash – 0-50%
5
CASH CALL
The fund can go upto 50% cash levels if the fund manager’s view is of extreme weakness in the market
6
ACTIVE vs PASSIVE
The fund would follow an active style of booking profits when valuations objectives are reached. Also would not buy more than 5% of free float of any company

Objectives - Smart Alpha - Sector Rotation

Focus on Sector Rotation actively

Follow company rotation within selected themes depending on risk reward framework

Look for policy changes and Macro developments which throw up new themes which benefit

Reduce or exit from companies when valuations reach the peak cycle multiples

Don’t overpay for businesses; keep an eye on valuation

Be active in managing cash levels in portfolio taking advantage of sharp swings in market

Highlights - Smart Alpha - Sector Rotation

1
KEY STRATEGY

The fund would be focused on Sector & Stock Rotation as key strategy trying to identify the right sectors & company at right time and have concentrated exposure in them

2
NO. OF SECTORAL THEMES

At any point a max of Four sectoral Themes would be in the portfolio

3
NO. OF STOCKS

Around 3 – 5 stocks per sector / theme at any point of time. Around 15-20 stocks at portfolio level

4
MCap ALLOCATION

Mulitcap portfolio with no bias towards any cap curve. Opportunities will derive the cap curve allocation.

5
CASH CALL

The fund can go upto 50% cash levels if the fund manager’s view is of extreme weakness in the market

6
ACTIVE vs PASSIVE

Active management with pure focus on themes playing out as per our expectation and shifting to next emerging theme within the tenure of the fund.

Declaration

The information and data contained in this Website do not constitute distribution, solicitation of an offer to invest in any Investment Approach of Quest Investment Advisors Pvt Ltd (QuestPMS) /Schemes of Quest AIF in any jurisdiction in which such distribution, sale or offer is not authorised. The material/information provided in this Website is for the limited purposes of information only for the investors. In particular, the information herein is not for distribution and does not constitute solicitation of an offer to invest in any Investment approach of QuestPMS / Schemes of Quest AIF to any person in the United States of America (‘USA’)/Canada

By entering this Website or accessing any data contained in this Website, I/We hereby confirm that I/We am/are not a U.S. person, within the definition of the term ‘US Person’ under the US Securities laws/resident of Canada. I/We hereby confirm that I/We am/are not giving a false confirmation and/or disguising my/our country of residence. I/We agree and acknowledge that Quest Investment Advisors Pvt Ltd (QuestPMS) is relying upon my/our confirmation and in no event shall the directors, officers, employees, trustees, agents of QuestPMS associate/group companies be liable for any direct, indirect, incidental or consequential damages arising out of false confirmation provided herein.