Finance

Care Portfolio Large And Midcap Strategy

About us

We, Care Portfolio Managers Pvt. Ltd. (Care PMS), is a SEBI registered portfolio manager from 2011.

We are a team of Chartered Accountants with a common dream of becoming the source of creating wealth for our clients. We are managing an asset of over ₹ 700 crores spread over 650 clients.

Our clientele is spread across the globe and includes Individuals, Corporates and NRIs.

Our investment team has a rich experience of 15 years individually in capital market with specialisation in equity asset class. Our investment strategies are built based on client’s risk profile and investment horizon. Our strategies are suitable for investors with a time horizon for 5 years for their investment.

Our team is easily approachable for any discussion with respect to investment. Our dedicated client portal & app facilitates smooth exchange of updates related to investments.

Our focus is on creating wealth for our clients by investing in fundamentally strong companies.

Core belief

"An investment in knowledge pays the best interest." - Benjamin Franklin
"How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case." - Robert G. Allen
“Risk comes from not knowing what you are doing.” - – Warren Buffett
"The stock market is filled with individuals who know the price of everything, but the value of nothing." - Phillip Fisher
"Know what you own, and know why you own it." - Peter Lynch
“If a business does well, the stock eventually follows” – Warren Buffett
"The individual investor should act consistently as an investor and not as a speculator." - Ben Graham
"Every once in a while, the market does something so stupid it takes your breath away." - Jim Cramer

OUR BRAND

The Globe, in the shape of the alphabet ‘C’ represents the world of Care and our aspiration to become a global player, following world-class standards.
The plus sign (+) within the globe comes together to form the symbol of ‘infinity’ ∞ , which indicates that in the world of Care, hard-earned capital of our clients is well protected and has infinite potential to grow.
The space within the globe represents transparency in client dealings, our broad mindedness and receptivity to the dynamic changes in the world of business and our proficiency in dealing with them.

Three pillars that form our ethos

Investment Team

Jayant Mamania, Director: He is key personnel of the investment team. His stock picking ability makes Care PMS a distinct portfolio manager. He heads the investment team and has over 20 years of experience in equity investing. He is a CA by qualification.
Arpit Shah, Director: He is founder director of the company and a CA by qualification. He has over 15 years of secondary capital market experience. His role includes research and portfolio management.
Amit Doshi, Director: He is CA by qualification, after working with Big 4 (PwC), joined the core team in 2011 to take the company to its well-deserved position. His role includes research and portfolio management activities.
Kush Gangar, Director: He is with Care PMS since 2013. He focuses on conducting detailed financial analysis thereby assisting the investment directors in concluding companies. He is CA by qualification.

Investment Approach

Investment Criterion

Acquire scalable businesses with professional management, strong financials and available at compelling valuations

Growth Potential: Historical Volume growth, Revenue growth expectation, Margin expansion, Expense decrease (as a % of revenue), PAT growth expectation
Management Capabilities: Track record of management commentary and achieving guidance, corporate governance, rational and trustworthy management, execution experience, deep domain understanding
Strong Financials: Zero debt or high interest coverage, contracting working capital cycle, Improving turnover ratios, historical ROE trend, dividend pay-out ratio
Available at compelling valuation: Comparing valuation metrics (such as P/E, PEG, EV/EBITDA, P/B, DCF, Replacement cost) with other player in the same segment and benchmark indices. What premium are we paying over the intrinsic value of the company

PMS Process

Stock selection: Stock selection is done after analysis of financials and due diligence as per Care PMS investment criterion. Generally, we invest only in dominant player in a segment
Portfolio construction is done to comply with controls such as individual stock exposure and sector exposure limits are observed. Diversify between growth ideas, turnarounds, and value buys
Portfolio review includes a quantitative review of portfolio holding, supervision, and monitoring to align the portfolio with investment team directives
Exit is warranted when the stock price appreciates to its fair value or reaches our target or when there is a change in business fundamentals. Replacement is warranted on the Exit of an existing portfolio company or the availability of an alternate investment with superior fundamentals and valuations