Strategic rather than Tactical Asset allocation methods are generally adopted for managing the corpus.
Investment objectives of the PMS:
- Growth story should be attractive business with long term potential. Normal time horizon for any investment is 3-4 years.
- Decent Management quality with good record on corporate governance/protection of minority interest.
- Need compelling reason to believe rerating of management if a conscious bet is taken.
- Reasonable Valuation in line with the sector & the market.
- Generally avoid short term trading ideas unless compelling reasons to do so.
