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

Prudent Equity, a Gurugram-based wealth management firm, has launched its first Growth Strategy Portfolio Management Service (PMS).

The fund, which became available in July 2024, is structured to cater to investors who are looking for long-term capital appreciation.

The minimum investment required to participate in this fund is Rs 50 lakh, making it a substantial option for serious investors.

Investment approach and strategy

The Growth Strategy PMS employs a bottom-up value investing approach designed to identify and capitalize on mispriced opportunities in the market.

The method aims to provide robust capital protection while ensuring steady growth. The fund is crafted to meet the investment needs of High-Net-Worth Individuals (HNWIs) and Ultra-High-Net-Worth Individuals (UHNWIs), offering a comprehensive solution for those with medium—to long-term financial goals. Investors can expect the fund to perform over a 36—to 60-month period.

Fund management and objectives

The fund is managed by Diwakar Rana, who brings over five years of experience with Prudent Equity. Rana emphasizes a blended investment approach that integrates growth, value, and momentum strategies, providing a versatile tool for navigating different market conditions.

"This PMS offers a streamlined investment experience by managing all market aspects within a single fund. Our focus is on robust capital protection and value-driven opportunities, delivering a resilient and comprehensive investment strategy," said Rana, highlighting the fund's unique approach.

Aiming to achieve Rs 250 crore AUM

Prudent Equity has set a target for its new fund, aiming to achieve Rs 250 crores in Assets Under Management (AUM) by the end of 2025.

The goal aligns with the company's broader mission of consistently meeting investor needs and offering exceptional services.

The launch of this PMS is seen as a natural progression for Prudent Equity, which has built a reputation for its client-centric approach since its inception in 2012.