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ICICI Prudential PMS Contra Strategy

Seeks to generate capital appreciation by investing predominantly in equity and equity related instruments through contrarian investing.

Portfolio Alpha (SI)
+18.01%
Since Inception Return
Inception Date
14 Sep 2018
Benchmark
BSE 500 TRI
Investment Style
Contrarian
No of Holdings
42 stocks
Strategy Type
Multi-Cap Equity
Track Record
5+ years

Investment Objective & Approach

Contrarian Style

Follows a contrarian style of investing which involves taking contrarian bets on equity stocks.

Value Opportunities

Exposure on stocks which are currently not in favour but are expected to do well in the long run.

High Entry Barriers

May also select stocks of companies in sectors where entry barriers are high.

Consolidating Sectors

Focuses on sectors in consolidation or of companies in special situation.

Growth of Investment Value

Over 5 Years (Rebased to 100)

SI Return
18.01%
Benchmark
12.91%

Strategy outperformance across timeframes with strong alpha generation.

TWRR Basis

Trailing Returns (%)

1 Year7.26%
2 Years2.87%
3 Years15.71%
5 Years16.27%

Market Cap Exposure

MixMarket Cap
Large Cap
68.49%
Mid Cap
6.58%
Small Cap
23.99%
Cash & Others
0.94%
P/E Ratio (TTM)
25.76
P/B Ratio (TTM)
3.64

Sector Exposure

Top Sector: Banks
Other27.53%
Banks12.38%
Ferrous Metals11.5%
Retailing10.54%
Transport Services6.98%
Auto Components6.83%
Telecom - Services6.22%
Non - Ferrous Metals5.07%
Construction4.88%
Industrial Products4.42%
IT - Software3.66%

Performance Alpha

CY 2024 Return
18.59%
Strategy Return
15.81%
Benchmark
CY 2023 Return
34.83%
Strategy Return
26.55%
Benchmark

Significant outperformance over the benchmark in recent calendar years.

Portfolio Attributes

Portfolio Beta
0.95
Sharpe Ratio
0.62
Standard Deviation
15.08
Sortino Ratio
0.96
Alpha
3.53

Who Should Invest?

Long-term investors (4+ years)
Moderate to High risk appetite
Investors seeking contrarian investment approach
Investors looking to capitalize on out-of-favour stocks

Top 10 Holdings

1
Bharti Airtel Ltd
6.16%
2
Eternal Ltd
5.30%
3
Larsen & Toubro Ltd
4.83%
4
Tata Steel Ltd
4.79%
5
Samvardhana Motherson International Ltd
4.70%
6
ICICI Bank Ltd
4.66%
7
Interglobe Aviation Ltd
3.74%
8
State Bank of India
3.69%
9
Vardhman Textiles Ltd
3.50%
10
UltraTech Cement Ltd
3.27%

Disclaimer: Past performance may or may not be sustained in the future. Returns are calculated on a TWRR basis and are not verified by SEBI. Investments are subject to market risks.