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Avendus Capital Markets - Fund Manager

Abhay Laijawala

Abhay Laijawala

Abhay Laijawala is Managing Director and Fund Manager at Avendus. Abhay joined from Deutsche Bank where he was the Managing Director and Head of Equity Research. With an experience stretching close to a quarter century, Abhay is a veteran in India’s capital markets, having seen their evolution since they were liberalized and opened to foreign institutional investors post the 1991 reforms. At Deutsche Bank, he spent a decade overseeing research coverage of more than 120 stocks across sectors, lead covering Indian metals companies and writing India Equity Strategy. Prior to joining Deutsche Bank , Abhay was Regional Head for Metals and Mining research at JP Morgan. Abhay has been a highly ranked analyst and strategist and prior to Deutsche Bank and JP Morgan, Abhay worked with Citigroup, DSP Merrill Lynch, HSBC and BZW Barclays. Abhay has earned his MBA from the University of Rhode Island, USA with a specialization in finance and holds a Master’s degree in commerce from the University of Bombay. Apart from equity markets his other interests include global macro, international finance and the economics of climate change.

Fund Name
Classification
Fund AUM (Cr.)
Avendus Enhanced Return Fund
Equity: Large & Mid Cap
620
Avendus Enhanced Return Fund Series - II
Equity: Large & Mid Cap
627
Top Holdings - ConsoloidatedWts(%)
Cash and Equivalents8.02%
Reliance Industries Ltd7.45%
HDFC Bank Ltd7.43%
IndusInd Bank Ltd3.91%
HCL Technologies Ltd3.67%
Fund Name1M3M6M1Y3Y5YSince Inception
Avendus Enhanced Return Fund
0.95%
1.59%
14.21%
24.89%
15.04%
N/A
13.83%
Avendus Enhanced Return Fund Series - II
10.53%
12.98%
15.94%
28.25%
17.08%
N/A
15.13%
Fund Performance