Latest news with #Elever
Economic Times
2 hours ago
- Business
- Economic Times
Portfolio management firm Elever raises $1.1 million from Brand Capital, others
Company Images Anshul Sharan, cofounder and CEO, Elever Portfolio management firm Elever has raised $1.1 million in a funding round from Brand Capital, the strategic investment arm of The Times of India Group, along with CXOs of global companies, existing investors, and Securities and Exchange Board of India (Sebi)-registered company uses a quantitative, rule-based approach that leverages factor-driven portfolio strategies and tactical methods to select stocks and allocate investment weightage. This approach aims to deliver risk-adjusted returns to individual investors and family offices while minimising human bias. The funding comes at a time when affluent investors and institutions in India are increasingly seeking customised portfolio management services (PMS) to diversify beyond traditional asset classes. Elever plans to deploy the capital to scale its PMS business, strengthen brand presence, and deepen investor engagement. Founded in 2020 by Anshul Sharan, Karan Aggarwal, Ram Subramaniam, and Santosh R, Bengaluru-based Elever currently manages assets worth around Rs 37 crore. 'Generally, people invest in specific themes like infrastructure or rural consumption, or they make sectoral investments. But what we have realised is that most of these models carry inherent biases, often influenced by various policy decisions and other factors,' said added that Elever's proprietary algorithm identifies key investment factors such as momentum, low volatility, and dividend yield to select stocks. The system assesses market conditions like bullish, bearish, or consolidation and rotates between factors accordingly. According to Deloitte's 'Financial Wealth Management Services in India' report, India's wealth management market is projected to grow from $1.1 trillion in FY24 to $2.3 trillion by FY29, with an unmet demand of $0.4 trillion. Meanwhile, assets managed by PMS in India have nearly tripled since FY17, reaching approximately $445-450 billion by March 2025. In July, Elever launched FactorCapro PMS, a product focussed on providing consistent monthly income, primarily targeting retirees. 'We see Elever as a frontrunner in the evolution of wealth-tech, leveraging automation and factor investing to deliver consistent, risk-adjusted outcomes. Elever's technology-led, rule-based approach to portfolio management reflects the future of investing in India,' said Srini Vudayagiri, president and head of Brand Capital. The Economic Times is a part of The Times of India group. Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. As 50% US tariff looms, 6 key steps that can safeguard Indian economy As big fat Indian wedding slims to budget, Manyavar loses lustre Why are mid-cap stocks fizzling out? It's not just about Trump tariffs. The airport lounge war has begun — and DreamFolks is losing Stock Radar: UNO Minda eyeing fresh 52-week high in next few weeks; check target and stop loss for long positions Buy, Sell or Hold: Antique recommends buy on Siemens; Avendus upgrades SBI to Buy post June quarter results Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 25% Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus
Time of India
2 hours ago
- Business
- Time of India
Portfolio management firm Elever raises $1.1 million from Brand Capital, others
Academy Empower your mind, elevate your skills Portfolio management firm Elever has raised $1.1 million in a funding round from Brand Capital, the strategic investment arm of The Times of India Group, along with CXOs of global companies, existing investors, and Securities and Exchange Board of India (Sebi)-registered company uses a quantitative, rule-based approach that leverages factor-driven portfolio strategies and tactical methods to select stocks and allocate investment weightage. This approach aims to deliver risk-adjusted returns to individual investors and family offices while minimising human funding comes at a time when affluent investors and institutions in India are increasingly seeking customised portfolio management services (PMS) to diversify beyond traditional asset classes. Elever plans to deploy the capital to scale its PMS business, strengthen brand presence, and deepen investor in 2020 by Anshul Sharan , Karan Aggarwal, Ram Subramaniam, and Santosh R, Bengaluru-based Elever currently manages assets worth around Rs 37 crore.'Generally, people invest in specific themes like infrastructure or rural consumption, or they make sectoral investments. But what we have realised is that most of these models carry inherent biases, often influenced by various policy decisions and other factors,' said added that Elever's proprietary algorithm identifies key investment factors such as momentum, low volatility, and dividend yield to select stocks. The system assesses market conditions like bullish, bearish, or consolidation and rotates between factors to Deloitte's 'Financial Wealth Management Services in India' report, India's wealth management market is projected to grow from $1.1 trillion in FY24 to $2.3 trillion by FY29, with an unmet demand of $0.4 trillion. Meanwhile, assets managed by PMS in India have nearly tripled since FY17, reaching approximately $445-450 billion by March July, Elever launched FactorCapro PMS, a product focussed on providing consistent monthly income, primarily targeting retirees.'We see Elever as a frontrunner in the evolution of wealth-tech, leveraging automation and factor investing to deliver consistent, risk-adjusted outcomes. Elever's technology-led, rule-based approach to portfolio management reflects the future of investing in India,' said Srini Vudayagiri, president and head of Brand Capital. The Economic Times is a part of The Times of India group.
Economic Times
02-07-2025
- Business
- Economic Times
Elever launches India's first capital-protected monthly income PMS for retirees
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Sebi-registered portfolio management firm Elever on Wednesday said it has launched FactorCapro PMS , which it claims is India's first Portfolio Management Services (PMS) strategy designed to deliver steady monthly income with capital protection The strategy is aimed at retirees, conservative investors, and family offices, combining income generation with a capital-preserving investment on a proprietary glide-path model and a tactical asset allocation framework, FactorCapro starts with a 100% fixed-income allocation in its first year, ensuring full capital the second year onward, the portfolio transitions gradually into a diversified multi-asset mix comprising equities, debt, gold, and international ETFs. This structure is designed to adapt dynamically to market cycles using what Elever describes as a 'tactical risk rotation' framework, which aims to shield capital during downturns and enhance returns during bull launch comes against the backdrop of India's widening retirement income gap. According to the Mercer CFA Institute Global Pension Index 2024, India ranked last among 48 countries for pension adequacy, with a score of 44, down from 45.9 in 2023. Elever said FactorCapro addresses this critical shortfall by offering a transparent, professionally managed solution that balances income needs with risk management."The Indian retirement income market has long presented investors with an inadequate choice between low-yielding traditional instruments and high-risk equity exposure," said Karan Aggarwal, Co-Founder and CIO of claimed FactorCapro aims to deliver higher tax-efficient monthly income than traditional instruments such as annuities and fixed deposits. The company also highlighted that, unlike other high-income investment options such as Systematic Withdrawal Plans (SWPs) into Balanced Advantage or Equity Funds, FactorCapro is designed to maintain capital even during periods of significant market stress.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
02-07-2025
- Business
- Time of India
Elever launches India's first capital-protected monthly income PMS for retirees
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Sebi-registered portfolio management firm Elever on Wednesday said it has launched FactorCapro PMS , which it claims is India's first Portfolio Management Services (PMS) strategy designed to deliver steady monthly income with capital protection The strategy is aimed at retirees, conservative investors, and family offices, combining income generation with a capital-preserving investment on a proprietary glide-path model and a tactical asset allocation framework, FactorCapro starts with a 100% fixed-income allocation in its first year, ensuring full capital the second year onward, the portfolio transitions gradually into a diversified multi-asset mix comprising equities, debt, gold, and international ETFs. This structure is designed to adapt dynamically to market cycles using what Elever describes as a 'tactical risk rotation' framework, which aims to shield capital during downturns and enhance returns during bull launch comes against the backdrop of India's widening retirement income gap. According to the Mercer CFA Institute Global Pension Index 2024, India ranked last among 48 countries for pension adequacy, with a score of 44, down from 45.9 in 2023. Elever said FactorCapro addresses this critical shortfall by offering a transparent, professionally managed solution that balances income needs with risk management."The Indian retirement income market has long presented investors with an inadequate choice between low-yielding traditional instruments and high-risk equity exposure," said Karan Aggarwal, Co-Founder and CIO of claimed FactorCapro aims to deliver higher tax-efficient monthly income than traditional instruments such as annuities and fixed deposits. The company also highlighted that, unlike other high-income investment options such as Systematic Withdrawal Plans (SWPs) into Balanced Advantage or Equity Funds, FactorCapro is designed to maintain capital even during periods of significant market stress.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Economic Times
12-06-2025
- Business
- Economic Times
PMS Tracker: Top 15 funds gain up to 16.5% in May; Elever, Axis strategies lag
Bottom performers: Elever, Aequitas, Axis strategies underperform Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel At least 15 PMS funds across smallcap, midcap, and multi-cap strategies delivered solid gains in May 2025, with Money Grow Asset's Small Midcap strategy emerging as the top performer with a 16.5% monthly return, according to data from PMS Asset Managers' Clean Tech Portfolio followed closely with a 16% return. Negen Capital's Special Situations and Technology Fund gained 15.35%, while Nine Rivers Capital's Aurum Small Cap Opportunities returned 14.4%. Samvitti Capital's PMS Aggressive Growth strategy also featured prominently with a 14.39% return in Investment Advisors' Emerging Giants strategy posted a 14.29% gain, and Waya Financial Technologies' Bin73 Sunrise Alpha, a new entrant in the small and midcap segment, rose 14.14%. Anand Rathi's Decennium Opportunity strategy returned 13.91%, while Bonanza Portfolio's Multicap fund and Accelt's Long Term Equity Fund gained 13.87% and 13.80%, funds in the top 15 include portfolios managed by Samvitti Capital, ithought Financial, Master Portfolio Services, and Tulsian PMS, each delivering monthly gains of over 13%.While many strategies posted double-digit gains, a few funds underperformed during the month. Elever Investment Adviser's Factorshields PMS was the biggest laggard, slipping 0.91%, followed by its Factoralpha PMS, which declined 0.58%.Aequitas Investment Consultancy's India Opportunities Product lost 0.33%, while Axis Securities' AlphaSense AI strategy declined 0.30%. Invasset's Growth Pro Max fell 0.26%, and Kotak Mahindra AMC's Pharma and Healthcare strategy was down 0.23%.Other funds with relatively muted performance include Profusion Investment's Income Enhancer (up 0.11%), PRPEdge Wealth's Alphaa Better Risk Reward (up 0.13%), and Agreya Capital's Multi-Asset Enhancer (up 0.21%).In May, the performance gap among PMS strategies was wide, with high-beta smallcap and thematic strategies staging a sharp rebound, while select sectoral, quant-based, and hybrid portfolios struggled to keep pace.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
