Gurugram-based Prudent Equity Introduces Its Maiden Fund PMS

Prudent Equity, a gurugram based wealth management firm has launched its maiden Growth Strategy Portfolio Management Service (PMS) marking a major milestone in its journey. This fund leverages a proven bottom-up value investing approach to capture mispriced opportunities while prioritizing capital protection. 

Launched in July 2024, the fund, with a minimum investment of Rs 50 lakh, is designed for investors seeking long-term capital appreciation over 36 to 60 months. 

The fund is tailored to meet the needs of a diverse range of investors, including (HNWIs) and (UHNWIs), offering a robust solution for medium- to long-term investment goals. Prudent Equity aims to achieve Rs 250 crores in Assets Under Management (AUM) for the Growth Strategy PMS Fund by the end of 2025.
 

"The fund is managed by Diwakar Rana, who has over five years of experience at Prudent Equity. 'We are adopting a blended investment approach that integrates growth, value, and momentum strategies, providing investors with a versatile solution for various market conditions. This PMS offers a streamlined investment experience by managing all market aspects within a single fund. Our focus is on robust capital protection and value-driven opportunities, delivering a resilient and comprehensive investment strategy. This fund creates an optimal growth trajectory for our clients,' said Rana, Fund Manager at Prudent Equity."

Commenting on the launch, Prudent Equity's Founder and CIO, Siddharth Oberoi, stated, "This dynamic flexi-cap fund integrates growth, value, and momentum strategies to adapt to changing market conditions. Our existing ACE fund has recently delivered a remarkable 75% return over the past 12 months, compared to 37% for the benchmark. Our focus on transparency and rigorous risk management will be key drivers as we aim to deliver meaningful returns for our investors." said Mr. Oberoi at the PMS launch.

The launch of the Growth Strategy PMS Fund aligns with Prudent Equity’s broader mission of consistently meeting investor needs and providing exceptional services. Since its inception in 2012, Prudent Equity has maintained a client-centric approach, as demonstrated by the strong performance of its Alternative Investment Fund (AIF) launched in 2022. The new PMS fund enhances the company’s suite of investment solutions, offering tailored portfolios that align with each investor’s unique objectives.