Latest news with #Sameeksha
Economic Times
5 days ago
- Business
- Economic Times
ETMarkets PMS Talk: From Rs 1 crore to Rs 8.8 crore – Sameeksha Capital's 26% TWRR journey over a decade, Bhavin Shah decodes
From humble beginnings to delivering one of the most consistent track records in the portfolio management space, Sameeksha Capital's decade-long journey is a study in disciplined investing. ADVERTISEMENT Under the stewardship of Founder & CIO Bhavin Shah, the Sameeksha India Equity Fund has turned a Rs 1 crore investment at inception in March 2016 into approximately Rs 8.8 crore by July 2025, clocking a time-weighted rate of return (TWRR) of 26% before fees and expenses. In a conversation with ETMarkets on the sidelines of the APMI conference in Mumbai, Shah breaks down the investment philosophy that powered this growth—rooted in bottom-up fundamental research, a strong macro overlay, rigorous valuation discipline, and a laser focus on risk management—while also highlighting the fund's ability to generate alpha across market cycles, including downturns. A) Firstly, at Sameeksha, our investment methodology is rooted in bottom-up fundamental analysis with a strong macro build long-term free cash flow or equivalent models for each business based on detailed industry assessments and India's structural growth each company, we estimate a fair value two to three years out or more, and discount it back to arrive at a 'Buy Below' price using a required return adjusted for liquidity and volatility of earnings. ADVERTISEMENT We also consider traditional valuation metrics and rigorously apply qualitative filters like corporate governance and management the sell side, we trim or exit if the stock no longer offers adequate return potential or if there's fundamental deterioration. ADVERTISEMENT Risk management is integral to our strategy. We size positions based on how easily they can be traded without market impact, and adapt dynamically to market stress when answer your question on performance and wealth creation over almost 10 years: since inception in March 2016, Sameeksha's investment approach has delivered strong long-term results. ADVERTISEMENT For example, a Rs 1 crore investment by the first investor in the lead portfolio has grown to approximately Rs 8.8 crore by 31st July 2025, delivering a TWRR of 26% before fees and outcomes demonstrate the potential wealth creation our strategy can deliver through disciplined execution across varied market cycles. ADVERTISEMENT We note that in the first two years of our operations, as we were still building our capabilities, we carried a lot of cash in the portfolio, which affected performance in those early years. Consistent outperformance: 53 consecutive rolling five-year periods of delivering meaningful alpha, with a median alpha of 8–9% and top decile performance in every period. Superb performance in down markets, with downside capture of only 43% over the last five years—superior even to the most widely owned and respected mutual funds. Alpha delivered pre-Covid, during Covid, and post-Covid periods. Alpha delivered for seven consecutive years (including the current partial year). A) We continue to like individual opportunities across many sectors including IT-enabled services, select small-cap IT, digital consumption plays, jewellery and related businesses, select chemical and energy companies, and see froth in many high-growth sectors that have delivered strong recent growth and are expected to continue doing so, resulting in very high valuations. This includes names in defense, renewable energy, engineering, and some consumer sectors. (Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
The Hindu
17-06-2025
- Politics
- The Hindu
UDF's tit-for-tat response to pro-LDF writers in Nilambur
A group of writers and artistes from across the State on Tuesday appealed to vote for United Democratic Front (UDF) candidate Aryadan Shoukath in the Nilambur Assembly byelection on Thursday. It turned out to be the UDF's tit-for-tat for the clarion call made by a group of writers in support of Left Democratic Front (LDF) candidate M. Swaraj the other day. The writers and cultural leaders who rallied for Mr. Shoukath were K.G. Sankara Pillai, Kalpatta Narayanan, J. Devika, B. Rajeevan, U.K. Kumaran, C.V. Balakrishnan, R.P. Azad, Joy Mathew, Sajeevan Anthikkad, Sudha Menon, Joseph C. Mathew, Rosy Thampi, K. Aravindakshan, K. Gopinathan, K. Girish Kumar, Pratapan Thayattu, Babu Kuzhimattam, J.S. Adoor, Pramod Puzhankara, Damodar Prasad, V.S. Anil Kumar, Kusumam Joseph, P.V. Krishnan Nair, M.P. Surendran, C.J. George, Vinod Chandran, K.N. Sunandan, I. Gopinath, Augustine Kuttanellur, Arun Karippalil, V.S. Gireeshan and Janaky Sreedharan. 'If I had my franchise in Nilambur, I would have voted for the Congress led by Rahul Gandhi, who is leading a fighting against fascism at the national level,' said Mr. Kalpatta Narayanan. He was speaking after taking part in a conclave of learners who benefitted from educational projects like Jyotirgamaya, Sameeksha, Sadgamaya and Oppathinoppam implemented by Mr. Shoukath when he was chairperson of Nilambur municipality. He said he differed with the other group of writers who called for support to Mr. Swaraj. 'Writers can appear anywhere. He is a free entity. There is no politics in that,' he said. Mr. Narayanan added that writers should not turn a blind eye on the struggles of ASHAs and the contempt shown by those in power towards them, the land struggle being carried out by the Adivasis in Nilambur. He said Mr. Shoukath had triggered a revolution of letters in Nilambur when he had headed the Nilambur civic body. Many participants at the conclave shared their nostalgic memories. They showered Mr. Shoukath with their appreciation and gratitude. KPCC working president P.C. Vishnunath presided over the function. Former MP Ramya Haridas, Pazhakulam Madhu, and P. Harigovindan spoke.
Time of India
09-06-2025
- Entertainment
- Time of India
Exclusive- Sameeksha Sud on her stint with Ghum Hai Kisikey Pyaar Meiin: Playing an autistic girl was challenging
Sameeksha Sud was recently seen in the show Ghum Hai Kisikey Pyaar Meiin, the actress played an interesting character on the show. Now, Sameeksha is set to make her debut with Theatre. In an exclusive conversation, the actress shared her experience. Sameeksha shared, "Acting is my passion so in any form, I enjoy it a lot but, yes with theatre one gets no retakes at all It is a direct connection with the audience and it's about knowing your craft better but the core remains the same." She further got candid about her character in Ghum, "I recently did Ghum Hai Kisikey Pyaar Meiin, and I was playing the role of an autistic girl, it was usually challenging and these are the kinds of roles I like to take up, it needs to tickle my creative bone and I need to know that I am challenging myself to give the best of me so thats how I like choosing the scripts which come alone." Sameeksha reacted to the Actor-Influencer debate, "Actors are becoming influencers now but I shall always make sure to give them the due of being actors first they are both equally difficult and extremely time-consuming so calling one easier than the other is not at all true. It takes a lot to maintain one's own in both these professions." On debuting with theatre, "I am doing theatre now with a group called natakwale the name of my play is 'Homemaid' and I shall be playing the character of a househelp and it is a rom-com also it's my first play. So far it's been great so let's see how audiences accept me and I hope I can steal their hearts it's my debut in theatre, and hopefully a lot more to come." Her reaction to returning to TV after a long gap, "My first priority will and has always been acting across any platform so yes coming back to television may be very soon."
