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About Fund Manager

Bharat Shah : Executive Director – ASK Group

  • Mr. Bharat Shah holds a Bachelor’s degree in Commerce from the University of Bombay and a Post-Graduate Diploma in Management from the Indian Institute of Management, Calcutta.
  • He is also a member of the Institute of Chartered Accountants of India and a member of the Institute of Cost and Works Accountants of India.
  • He is a member of the Board at ASK and spearheading Investment Management business at the firm for over 18 years.
  • He has over 30 years of experience in the field of investment management and has previously worked as CIO at Birla Sun Life Mutual Fund.
  • Bharat provides strategic guidance to the CEOs in managing their respective businesses while closely supervising the IM business of the group.
  • Bottom-up investment philosophy, with stock picking being a special strength

Prateek Agrawal : Business Head & CIO – ASK Investment Managers

  • Has 27 years of experience in capital markets with SBI CapitalMarkets asHead of Research (10yrs), and Head of Equity with ABN Amro and Bharti Axa AMCs (3.5yrs each)
  • In SBI Capital Markets besides heading research he was part of team that handled VSNL privatization for the government and handled Hindustan Zinc for Vedanta group. On the advisory side he was actively involved in the power sector and in the oil and gas space, two areas where SBI Caps had leadership.
  • At ABN AMRO MF, he was head of equity and managed / advised over $ 1 bn of equity assets ($ 300 mn domestic & $ 700 mn offshore) and delivered stellar performance. He then helped set up the equity business at Bharti Axa IM in the post Lehman period. He joined ASK Investment Managers as CIO in April 2011.

Nimesh Mehta Director & Country Head – Business Development & Products

Nimesh Mehta is in charge of domestic business development for Equity PMS and Real Estate Funds, as well as overseas sales through the distribution network. He has over 20 years ofexperience in areas such as NBFCs, Equities, Asset Management, and Financial Services as a Commerce graduate, MBA, and Certified Financial Planner (CFP). He has worked for Motilal Oswal AMC, GE Money, and Godrej Appliances, and is the author of ‘Sales Booster’.

Investment Philosophy

 

  • Subjective evaluation of management quality (integrity, vision, execution, capital allocation skills and capital distribution)
  • Rigorous filter of minimum of 20%* annual Earnings Growth over the next 3 to 5 years*
  • Note: Maximum of 25% of the portfolio may be a deviation to the above conditions. *at the time of 1st portfolio construct
  • Top 500 as per market capitalization
  • Rigorous filter of minimum of 15%* Return on Capital Employed (capital efficiency)
  • Finally, a portfolio emerges of 25-30 businesses, representing an optimal blend of the overall characteristics, and adequate diversity, with reasonable Margin of Safety

Fund Objective

To build a concentrated portfolio of primarily mid-sized businesses with a proven track record, representing quality and superior long-term compounding potential.

Portfolio Construct

• Concentrated strategy of 25-30* carefully identified businesses across range of market capitalization
• Focused portfolio of mid-sized businesses with a proven track record which could go on to become much larger thereby creating significant investment returns
• Buying businesses with a large competitive advantage & capital efficiency in industries with a large size of opportunity, that offer superior growth over long period of time
• Largely complementary portfolio to IEP, India Select and Growth PMS Investment Approaches

Meet the Team

Anant Jalan : Portfolio Manager– ASK Investment Managers
  • Anant has a total work experience of more than 15 years. Anant has spent a total of 10 years at Goldman Sachs & Co.
  • He started in the Technology, Media & Telecom Group of the Investment Banking Division in New York. He then subsequently relocated to Mumbai to help build out the India business for Goldman Sachs Investment Partners, a multi-billion-dollar global investment fund.
  • Over the past 5 years, Anant has been managing India portfolios and providing deep-dive research advisory for a small set of family offices. Anant graduated Summa Cum Laude with top honours from the University of Pennsylvania with a double degree – Bachelor of Science in Economics (concentrations in Finance & Accounting) from the Wharton School and Bachelor of Science in Engineering (major in Computer Science Engineering) from the School of Engineering & Applied Sciences in 2005. He is with ASK since Oct 2020.
Dhaval Mehta : Co – Portfolio Manager – ASK Investment Managers
  • Dhaval has more than 8 years of experience in the field of equity research. Currently, he is tracking sectors like FMCG, Retail, Building Material and Media.
  • Prior to joining ASK Group, he was associated with Yes Securities, Emkay Global Financial Services and Ventura Securities where he tracked Consumer & Building material sectors.
  • Dhaval has earned his B.E. from Mumbai University and MBA from NMIMS, Mumbai.

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