IDFC PMS

Funds managed

Fund nameAsset ClassLicense
IDFC Neo Equity Portfolio FundMulticapPMS

About the AMC

  • IDFC AMC introduced a pioneering and unique PMS powered by AI (Artificial Intelligence) in 2017, bringing AI techniques in equity fund management to Indian investors.
  • Total AUM is $ 10,188,811USD
  • The PMS product is a focused portfolio of large and mid-capitalized stocks from the S&P BSE 200 index stock universe combining Machine Learning based investment process with PortfolioManager Expertise.
  • Mr. AnoopBhaskar is the fund manager for IDFC PMS. He has aced up his sleeves with a rich experience of 15 years in the given sector of finance management. He has possessed the degree of MBA and is no doubt a big champion in his field. Approximately Rs. 1,000 cr. is the AUM value held by the Fund Managers of IDFC PMS.
  • The Fund Managers look after more than 150 PMS clients. The clients are merrily making investments with IDFC PMS for a minimum period of 3 years as the term of tenure.
  • Dr. Chetan Mehra joined IDFC AMC in March 2019. He is a Quantitative Portfolio Manager and Data Scientist with about two decades of experience in quantitative analysis and in building trading models for global markets. He specializes in machine learning and extracting information out of data for prediction. Dr. Mehra holds a Ph.D in Computer Science (specializing in multi-agent systems for financial markets) from the University of Southampton. Chetan is also a MBA from university of Leeds, London.

Investment Philosophy (for firm)

IDFC Neo Equity Portfolio follows an Artificial Intelligence (AI) – Machine Learning (ML) based investment process. The portfolio is agnostic to any one specific theme or investment style. Machine learning is a field of computingwhere in the algorithms have the ability to learn from data and make predictions.

Investment Strategy

https://top10stockbroker.com/portfolio-management-services/idfc-pms/

IDFC Large Cap Strategy:

The aim of this strategy is to attain capital appreciation by investing in Indian companies or sectors that have potential for growth.

For the most part they prefer to make investments in companies that have intentions to grow earnings at a fast pace and are reasonably priced.

The process involves active sector rotation generating an alpha to primarily identify key macroeconomic and sectoral themes.

This would in turn subsequently help identify stocks that will benefit from the same. In simple words making investment in companies that have a proven track record, quality management and good growth potential.

IDFC Diversified Strategy

This strategy aims to seek benefit from the long-term compounding effect on investments by making reservations in stocks irrespective of index movements.

IDFC Small – Midcap Cap Strategy

This strategy aims to procure large cap, high risk and return along with dynamic stocks which in turn would help in enhancing your portfolio to grow at a very decent pace.

In addition to this IDFC PMS broking house has also introduced the IDFC Neo Equity Portfolio, a unique PMS powered by AI (Artificial Intelligence) and Big Data analysis.

In this strategy, the portfolio will analyze data from multiple traditional and non-traditional sources available in the public domain. The data is analyzed to identify stock opportunities. The benchmark is S&P BSE 200 index. The minimum investment size of this model is Rs. 1 crore.

Media

Title: IDFC AMC introduces Artificial Intelligence powered PMS, Source: Economic Times, Date: 05 October 2017

https://economictimes.indiatimes.com/mf/mf-news/idfc-amc-introduces-artificial-intelligence-powered-pms/articleshow/60958477.cms?from=mdr

IDFC AMC has launched the IDFC Neo Equity Portfolio, a unique PMS powered by AI (Artificial Intelligence) and Big Data analysis.The portfolio will analyze data from multiple traditional and non-traditional sources available in the public domain to identify stock opportunities.

The fund house believes explosive growth in data generation now allows tracking several activities like goods and shipping movements and traffic patterns to better estimate demand, footfalls at malls to t at malls to track customer behaviour, social media sentiments, credit card spending patterns etc., all of which can play an increasingly important role in fund management.

Title: IDFC AMC launches unique AI powered Equity Portfolio, Source: IDFC site, Date: 05 October 2017

http://www.idfc.com/media_room/press_releases62.htm

Fund management using AI based technologies is about achieving the optimal combination of man and machine to significantly enhance their overall capabilities. At all stages, there is a fund manager who has final discretion on the investment. Our back-testing model results have been very encouraging,” said Vishal Kapoor, CEO of IDFC AMC.

IDFC NEO is benchmarked against S&P BSE 200 index and the minimum investment size is of Rs. 1 crore.

Analyst questions

  • What is your investment philosophy?
  • What is your USP to attract investors?
  • You have been in the industry for a long time now, what have you learnt from your journey so far, that you would be doing differently now?

Peer review and additional questions –

What difference has AI and Machine Learning made for the Portfolio Manager in picking stocks when compared to traditonal methods of stock selection?

Prepared by Prathamesh Chitroda

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