After a sharp fall in Marcellus Investment Managers’ PMS assets, founder Saurabh Mukherjea has responded to critics with a candid admission of missteps and a call for more scrutiny. Acknowledging gaps that led to underperformance, Mukherjea said, “Please keep the criticism coming. My colleagues at Marcellus Investment Managers and I will be the wiser for … Read more
After a strong drop in the PMS (portfolio management services) assets of Marcellus Investment Managers, its founder Saurabh Mukherjea encouraged market participants to direct as much criticism as possible. The fund’s marquee consistent compounders portfolio has delivered a return CAGR of 17.4% over FY19-24, which is broadly in-line with the portfolio’ EPS CAGR of 17.8% … Read more
Dalal Street’s top stock picker Saurabh Mukherjea, who handles HNI money worth around Rs 8,500 crore in his PMS firm Marcellus, has picked three new stocks in his portfolio recently – City Union Bank, Tube Investments, and Narayana Hrudayalaya. While adding the smallcap City Union Bank to his financials-focused Kings of Capital Portfolio (KCP) fund, … Read more
Saurabh Mukherjea, Founder, Marcellus Investment Managers, says “China’s economic boom over the last 20 years supported commodity prices. China’s economic unwinding, perhaps its economic collapse over the next 10 years, will have a deflationary impact. As and when that becomes apparent to bond markets and to central banks, the narrative that we are close to … Read more
“If you aren’t thinking about owning a stock for 10 years, don’t even think about owning it for 10 minutes.” – Warren Buffett If you are one of the followers of Buffett’s methodology of buying and holding stocks for the long term without disturbing the silent but magical power of compounding, then you might be … Read more
For a smallcap investor, it’s a dream to see his hidden gem gradually turn into a much sought-after largecap stock and deliver multibagger returns in between. Citing market data, celebrated fund manager Saurabh Mukherjea says most smallcaps that show early promise falter as they grow and eventually fade into oblivion. Data collated by PMS firm … Read more
With multiple global macro headwinds creating a perfect storm for the domestic equity market, almost 85 per cent of PMS funds, used by HNIs to park their surplus funds, failed to beat Nifty in May. Only one recently-launched PMS scheme managed to eke out a return out of over 280 schemes on offer. Green Portfolio’s … Read more
NEW DELHI: While on one hand the boom in commodities is causing a rip-roaring rally in metal stocks, it is giving a new headache in the other part of the market. Read about the effects of rising input inflation, Saurabh Mukherjea‘s interview, Michael Price’s contrarian view on markets, and more in this week’s edition of … Read more