The portfolio is managed by Jayant Mamania and was started in 2011. It has an AUM of Rs 854 crore. The PMS’ top five sectors are paper and packaging, textiles, pharma, packaged foods, and stationery.
In an interview with ETMarkets, Shah who brings in more than 15 years of experience in the capital markets said, “We advise investors to be company specific, and when you see sharp movement in the price it is advisable to keep rebalancing portfolio.”
Jayant Mamania, a fund manager with 20 years of experience heads the PMS Care – Large and Midcap strategy fund, which is a 4 years old fund. The fund has more inclination towards metals and BFSI. The fund has performed better than the benchmark S&P BSE 500 in the last year.
Nearly 63 per cent, or 205 of the 326 PMS schemes, were able to beat the returns generated by the benchmark, data from PMS Bazaar shows. The 326 schemes collectively delivered average returns of -2 per cent, higher than the -2.7 per cent given by the benchmark.
These strategies have held major allocation to mid- and small-cap stocks. But remember, PMS schemes come with a minimal investment of Rs 50 lakh and are meant for high-risk taking investors.
On July 14th, Care PMS had the privilege to engage with a distinguished group of doctors at Hotel Sea Princess, Mumbai. pic.twitter.com/hbpCFUgSbG
— Care Portfolio Mgr.. (@carepms) July 17, 2024
We are thrilled to announce that Care Portfolio Managers has been recognized among the top 10 PMSs for June, showcasing exceptional returns! pic.twitter.com/qz0AsuO1g5
— Care Portfolio Mgr.. (@carepms) July 15, 2024
Today marks a significant milestone as we celebrate the 17th Foundation Day of CarePMS!
Established in 2007, Got license in 2011, we’ve grown to manage 900 crores in assets while serving over 700 clients worldwide. Our journey of commitment, trust & success continues to evolve. pic.twitter.com/NqoMHFJLuk
— Care Portfolio Mgr.. (@carepms) July 3, 2024
Amit Doshi, Fund Manager, Care Portfolio Managers Pvt. Ltd. was live on DubaiEye 103.8 last month discussing the vibrant future of Indian markets & the impact of elections.
Gain expert insights on how political events shape financial landscapes. #MarketOutlook #ElectionImpact pic.twitter.com/Iuqy5YhXdS
— Care Portfolio Mgr.. (@carepms) July 4, 2024
Last month, the Care PMS team embarked on an exhilarating offsite adventure to Anchaviyo Resort in Wada from June 21st to 23rd. 🌴🌊 It was an unforgettable experience, filled with games, celebrations, and deep discussions that brought us closer together. pic.twitter.com/M83TtprKNj
— Care Portfolio Mgr.. (@carepms) July 4, 2024
On June 14, 2024, CA Amit Doshi, Director at CarePMS, delivered an enlightening talk at the Jain Chartered Accountants Federation (JCAF) event held in Borivali-West. The insightful session focused on “Old Age Business – Dying or Worth Investing?” pic.twitter.com/vkNOYN3Yfa
— Care Portfolio Mgr.. (@carepms) June 20, 2024