Funds managed
| Fund name | Asset Class | License |
| SageOne Flagship Growth 1 Fund | Hedge fund-Long only | SEBI AIF Cat 3 |
| SageOne Flagship Growth 1 Fund | ||
| Market Cap Focus | Portfolio Construction | Open/Close Ended |
| MultiCap | Weighted by Conviction | Close-ended (for 4 years from final close in March-2020) |
About the AMC
- Seven years ago(2013), SageOne Investment Advisors (SOIA) started its journey with an objective of producing serious wealth for investors by achieving attractive returns without commensurate risk. Their investment approach has been to look for businesses with long-term competitive advantage in attractive companies from the point of view of long term value creation.
- SageOne Flagship Growth 1 Fund was launched in August, 2019, which is the first scheme of the SageOne India Opportunity Trust, a close ended category III AIF.
Key Staff
- Samit Vartak,CFA
Samit Vartak is the Founding Partner and Chief Investment Officer of SageOne Investment Advisors LLP. Samit has been investing in the equities markets since 1999 and has experienced and studied many bull and bear cycles over the last two decades. He has worked closely with various company managements in the US and India advising them on business strategy, profit optimization, growth and valuation. This experience forms the backbone that helps him better understand businesses and their fair value. He has been early in identifying and investing in multiple businesses across industries before they catch market attention. Samit actively shares his knowledge and learnings through widely followed investor newsletters, lectures at CFA society/industry forums/business schools and media interviews.Samit returned to India in 2006 after spending a decade in the USA working initially in corporate strategy with Gap Inc. and PwC Consulting, and then with Deloitte and Ernst & Young advising companies on business valuation and M&A. Samit is a CFA® charter holder, an MBA from Olin School of Business of the Washington University in St. Louis and holds a Bachelor of Engineering degree with Honors from Sardar Patel College of Engineering (SPCE), Mumbai University.
- PARIN GALA
VP – Research and Fund Accounting.Parin has over 12 years’ experience in Equity Research in Indian Capital Markets. He follows a bottoms-up style of investing covering multiple sectors. His forte lies in Midcap and Smallcap companies and in special situations like Demergers, Buybacks and Delisting.Prior to working with SageOne Investment Advisors, Parin worked as Research Analyst with Gandhi Securities & Investment.Parin holds a Master’s Degree in Commerce from Mumbai University. He also holds a MSc in International Securities, Investment and Banking from ICMA Centre, University of Reading, UK.
- Sharad Pachisya
Chief Executive Officer(CEO)
Sharad brings over 13 years of rich experience & expertise in Indian Equity Capital markets. In his last role as Head Equity Sales & Senior Vice President in Edelweiss, Sharad played a vital role in building and scaling up the Professional Investors Equities Desk practice, He was also part of senior leadership group at Edelweiss Financial Services.He has worked with Edelweiss Financial Services for over 12 years with over 4 years in investment banking and over 8 years in Private Wealth Management.Sharad is a commerce graduate from St. Xaviers’ College, Kolkata and M.B.A Finance from NMIMS, Mumbai. He is also a guest lecturer at several colleges in Mumbai.
Investment Philosophy (for firm)
High Returning Business
We look for businesses with long-term competitive advantage, in attractive industries from the point of view of long term value creation. Return on capital (ROCE) is a very good indicator of the quality of the management team and the competitive advantage of a business.
Competent/Genuine Management
The most important factor in India is to stay away from managements that are here to steal from investors; and believe us we know of many. Here we maintain “zero” tolerance policy and we prefer letting go of a good opportunity even if we have some doubts about the management’s integrity.
Risk-Reward Tradeoff
We believe that the most important factor that drives the value of any business is the “duration” over which the company can sustain its competitive advantage and hence superior returns. It is our overriding belief that, especially in the opportunistic markets in which we work, “if we avoid the losers, the winners will take care of themselves.” We would rather not invest than make a bad investment for the sake of it.
Media
Can Bulls Maintain The Momentum? | Samit Vartak To ET NOW,25th Sept. 2019
Discussion about valuation, market positioning and small cap- mid cap industry.
CIO’s Interview with CNBC, 17th June 2019
https://twitter.com/CNBCTV18News/status/1140857208856444928?s=08
Talking about the market in general and investment philosophy- bottom up stock picker and niche market(also summarised above in investment philosophy)
CIO’s latest interview I 2nd Episode of ‘Coffee Can Investing’ by Saurabh Mukherjea
Personal interview asking questions from early childhood to early education and work experience. Samit moved from Mumbai to Pune for two reasons 1. Quality of life 2. To move away from stock market noise and instead focus on learning about the companies which helped him become a better investor.
Analyst questions
- You mentioned(on the website) filtering out and shortlisting 150 companies out of more than 7000 companies listed using quantitative parameters as well as manually, can you please
- Talk about the quant filters that differentiates you from others
- As well as your elimination of companies based on flawed management.
2. Your investment philosophy states that the most important factor that drives value of any
business is the ‘duration’ that it can survive the competitive advantage, how do you
Forecast and measure it?
Prepared by Rashika Bhatia
Date 6th May 2020
Peer review – Shivani Kadam
Date – 11th May 2020.
You must be logged in to post a comment.