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Prudent Equity launches maiden fund with minimum ticket size of Rs 50 lakh

Entrackr · 1m

The Gurugram-based wealth management firm Prudent Equity has launched its maiden growth strategy Portfolio Management Service (PMS). This fund leverages a proven bottom-up value investing approach to capture mispriced opportunities while prioritizing capital protection. According to Prudent Equity, the fund will provide with a minimum investment of Rs 50 lakh, which is designed for investors seeking long-term capital appreciation over 36 to 60 months. The fund is tailored to meet the needs of a diverse range of investors, including (HNWIs) and (UHNWIs), offering a solution for medium- to long-term investment goals. Prudent Equity aims to achieve Rs 250 crores in Assets Under Management (AUM) for the growth strategy PMS Fund by the end of 2025. Launched in 2012 by Siddharth Oberoi, Prudent Equity is an asset management company serving family offices, HNI and retail investors. Since inception, The platform focuses on serving individuals, families and corporations by providing actionable advice on their equity investments. The growth strategy PMS fund will align with its aim of consistently meeting investor needs and providing services. Since its inception in 2012, It claims that it has maintained a client-centric approach, as demonstrated by the strong performance of its Alternative Investment Fund (AIF) launched in 2022. The platform also claims that its existing ACE fund has recently delivered 75% return over the past 12 months, compared to 37% for the benchmark.