Karma - Capital - Domestic Factsheet-November - 2023 Final
Karma - Capital - Domestic Factsheet-November - 2023 Final
Karma - Capital - Domestic Factsheet-November - 2023 Final
NOVEMBER
MAGNOLIA
LOTUS
JASMINE
FACTSHEET
MARCH 2023
www.karmacapital.co.in 3
FACTSHEET
NOVEMBER 2023
Strategy Snapshot
Investment Approach
Karma Wealth Builder seeks to provide superior returns over longer time frames (5 to 7 years) and across market cycles. It
aims to capture the India growth story by investing in listed equities by identifying investment ideas through bottom-up
research. The bottom-up approach focuses its analysis on specific characteristics and micro attributes of an individual stock.
The approach is benchmark agnostic with the aim to deliver superior risk adjusted returns through differentiated portfolio
with high active share.
Our ‘Growth At Reasonable Price’ (GARP) strategy is underpinned on constructing a high conviction concentrated market-cap
agnostic portfolio investing across sectors. The appropriate benchmark to compare performance would be BSE 500 TRI as it
matches with our market- cap agnostic investment approach. The investment approach is subject to various risk like no
assurance of investment returns, political, legal, social and economic considerations of investing in India, inflationary
pressures and liquidity risk.
20%
17.3%
18%
14.5% 15.0%
16% 14.3%
12.7% 13.2%
14% 11.7% 12.3%
12%
10%
8%
6%
4%
2%
0%
1 Year 3 Years 5 Years 10 Years
Note: Returns as on November 30, 2023; INR returns are the primary returns. Returns are based on net of fees & taxes since inception for discretionary portfolio. From March 2020
returns are based on TWRR method as per SEBI Regulation. The rolling return of the Karma Capital and benchmark is the average of all the rolling return calculated every month for the
respective period since inception.
Performance Summary
40%
33.8%
35% 30.1%
28.4%
30%
25% 20.3% 19.9%
20% 17.1% 16.7% 16.0% 15.6%
13.4%
15% 9.3%
10% 7.1%
5%
0%
1 Month YTD 1 Year 3 Years 5 Years 10 year
Note: Returns as on November 30, 2023; INR returns are the primary returns. Returns are based on net of fees & taxes since inception for discretionary portfolio. From March 2020
returns are based on TWRR method as per SEBI Regulation. Returns > 1 year are annualized.
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
Please refer this link ( https://tinyurl.com/mr3ucm2v) with reference to performance data related to clause 2.13 of SEBI Circular dated
16th Dec'22.
Security
Health Care 23.0%
Tata Communications Ltd
Media & Entertainment 19.6%
Zee Entertainment Enterprises Ltd
Communication Services 15.6%
Tata Motors Ltd - DVR
Automobiles & Components 14.1%
Alkem Laboratories Ltd
Financials 10.7%
Cipla Ltd
Industrials 10.5%
ICICI Securities Ltd
Utilities 2.0%
Bharti Airtel Ltd
Small Cap
Risk Parameters 1 Year 3 Years Cash
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
Key details
Fee Structure
Option Fixed Fee p.a Hurdle Rate Performance Fee Highwater mark
Exit Load
Within 2 Years 1%
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
Strategy Snapshot
Investment Approach
Karma Capital Magnolia (KCM) seeks to provide superior returns over longer time frames (3 to 5 years) and across market
cycles. It aims to capture the India growth story by investing in listed equities by identifying investment ideas through bottom-
up research. The bottom-up approach focuses its analysis on specific characteristics and micro attributes of an individual
stock.
Our ‘Growth At Reasonable Price’ (GARP) strategy is underpinned on constructing a high conviction concentrated portfolio
investing across sectors. It would be primarily investing in Large Cap Stocks (At least 70%) and the remaining in mid and small
cap companies. The appropriate benchmark to compare performance would be Nifty 50 TRI as it matches with our investment
approach. The investment approach is subject to various risk like no assurance of investment returns, political, legal, social
and economic considerations of investing in India and inflationary pressures.
25%
19.3%
20%
16.2%
15.2%
15%
9.3%
10% 7.6%
5.6% 6.3%
4.8%
5%
0%
1 Month 3 months 6 Months YTD
Note: Returns as on November 30, 2023; Returns are based on net of fees & taxes since inception for discretionary portfolio. Returns are based on TWRR method as per SEBI
Regulation. The benchmark has been changed w.e.f September 25 2023 from BSE 500TRI to Nifty 50 TRI
Performance NAV
125
119.3
120
115
115.2
110
105
100
95
90
Jun-23
Sep-23
Nov-23
Feb-23
Mar-23
Jan-23
Apr-23
Jul-23
Aug-23
May-23
Oct-23
Note: Returns are based on net of fees & taxes since inception for discretionary portfolio. Returns are based on TWRR method as per SEBI Regulation.
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
Security
Financials 21.0%
Tata Motors Ltd - DVR Health Care 18.7%
11.1%
Cash
70.0%
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
Key details
Fee Structure
Option Fixed Fee p.a Hurdle Rate Performance Fee Highwater mark
Exit Load
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
Strategy Snapshot
Investment Approach
Karma Capital Lotus seeks to generate returns for the investors through price appreciation of stocks held over a long-term
period (5 to 7 years) across economic and market cycles. It aims to capture the India growth story by investing in listed
equities by identifying investment ideas through bottom-up research. The bottom-up approach focuses its analysis on
specific characteristics and micro attributes of an individual stock.
Our ‘Growth At Reasonable Price’ (GARP) strategy is underpinned on constructing a high conviction concentrated portfolio
investing across sectors. It would be primarily investing in Small and Mid-Cap Stocks (At least 70%) and the remaining in large
cap companies. The appropriate benchmark to compare performance would be BSE 500 TRI. The investment approach is
subject to various risk like no assurance of investment returns, political, legal, social and economic considerations of investing
in India and inflationary pressures.
Performance Summary
45% 42.5%
40%
35%
28.4%
30%
25% 21.2%
20%
14.4%
15% 10.1%
9.5%
10% 7.1% 6.2%
5%
0%
1 month 3 months 6 months YTD
Note: Returns as on November 30, 2023; Returns are based on net of fees & taxes since inception for discretionary portfolio. Returns are based on TWRR method as per SEBI
Regulation.
Performance NAV
150
142.5
140
130
121.2
120
110
100
90
Jun-23
Sep-23
Nov-23
Feb-23
Mar-23
Jan-23
Apr-23
Jul-23
May-23
Aug-23
Oct-23
Note: Returns as on November 30, 2023; Returns are based on net of fees & taxes since inception for discretionary portfolio. From March 2020 returns are based on TWRR method as
per SEBI Regulation
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
Security
Industrials 17.5%
Materials 4.8%
Tata Motors Ltd - DVR
Real Estate 3.7%
Bharti Airtel Ltd
Others 0.2%
Mid Cap
93.4% 49,727 15.7%
Small Cap
Cash
64.1%
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
Key details
Fee Structure
Option Fixed Fee p.a Hurdle Rate Performance Fee Highwater mark
Exit Load
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
Strategy Snapshot
Investment Approach
Karma Capital Jasmine seeks to provide superior returns over longer time frames (3 to 7 years) and across market cycles. It
aims to capture the India growth story by investing in listed equities by identifying investment ideas through bottom-up
research. The bottom-up approach focuses its analysis on specific characteristics and micro attributes of an individual stock.
The approach aims to deliver superior risk adjusted returns through differentiated portfolio with high active share.
Our ‘Growth At Reasonable Price’ (GARP) strategy is underpinned on constructing a high conviction concentrated portfolio
investing across sectors. This being a flexi-cap strategy, the idea would be to invest in best ideas across market capitalization
with minimum investment of 15% and maximum investment of 70% across Large-Caps, Mid-Caps and Small-Caps. The
appropriate benchmark to compare performance would be BSE 500 TRI as it matches with our investment approach. The
investment approach is subject to various risk like no assurance of investment returns, political, legal, social and economic
considerations of investing in India, inflationary pressures and liquidity risk.
Performance Summary
8.0% 7.1%
5.6%
6.0%
4.0%
2.1%
2.0%
0.6%
0.0%
-0.1% -0.1%
-2.0% -1.2%
-2.9%
-4.0%
Aug-23 Sep-23 Oct-23 Nov-23
Note: Returns as on November 30, 2023; Returns are based on net of fees & taxes since inception for discretionary portfolio. Returns are based on TWRR method as per SEBI
Regulation.
Performance NAV
108 106.8
106
104.2
104
102
100
98
96
94
Aug-23 Sep-23 Oct-23 Nov-23
Note: Returns are based on net of fees & taxes since inception for discretionary portfolio. Returns are based on TWRR method as per SEBI Regulation
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
Security
Health Care 21.1%
Tata Motors Ltd - DVR
Media & Entertainment 9.8%
Zee Entertainment Enterprises Ltd
22.9%
18.0%
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
Key details
Fee Structure
Option Fixed Fee p.a Hurdle Rate Performance Fee Highwater mark
Exit Load
Within 2 Years 1%
www.karmacapital.co.in
FACTSHEET
NOVEMBER 2023
www.karmacapital.co.in