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About Fund Manager

Athul Kudva – Chief Executive Officer

Athul Kudva, currently serving as Chief Executive Officer, is an engineer from the National Institute of Technology, Karnataka. Prior to co-founding Omnesys, a firm specializing in scalable order and risk management software for traders and brokers nationwide, he briefly worked at Tata Motors. Omnesys gained significant recognition in the industry and was eventually acquired by Thomson Reuters, a prominent media and information conglomerate, in 2013.

With over 25 years of experience in the financial markets, Athul Kudva is renowned for his astute investment strategies and active trading. His expertise spans the development of quantitative systems and tools, crucial to Samvitti’s fund management operations.

Shivaram Kamath – Director

Shivaram Kamath, a Chartered Accountant by profession, brings over 35 years of experience in the investment world. He has deep roots in the capital markets and has been an active member of the Mangalore Stock Exchange. His extensive experience spans through numerous market cycles since the 1980s, providing valuable insights into stock analysis, sector trends, and management track records.

Prabhakar-Kudva

Prabhakar Kudva – Director

Prabhakar Kudva is one of the co-founders of Samvitti and has been passionately involved in the market for more than 15 years. His investment approach centers on identifying high-growth businesses that have the potential to scaleup. Recognized as one of (Association of International Wealth Management of India) AIWMI’s 40 under 40 Investment Managers, Prabhakar blends expertise in computer science and business management with practical market insights. With a background in computer science and business management, Prabhakar combines technology and market expertise to consistently achieve outstanding returns.

Mr. J P Nayak – Chairman

Mr. J P Nayak is the Chairman of our board. He is a Mechanical Engg Graduate with Post Graduate Degree in Production Engg from UK. He joined Larsen & Toubro Ltd in 1965 and has been a significant contributor in the exciting journey of the organisation to reach its pre-eminent position today. After handling diverse roles that gave him invaluable experience in infrastructure, construction, mining & manufacturing sectors, he joined the Board of Directors in 1995 as Executive Director and retired in 2011. Thereafter he was the Advisor to the Group Chairman for 3 years. During his professional career spanning almost 5 decades, Mr. Nayak has developed extensive business relationships in varied fields in India as well as internationally.

How is SAMVITTI PMS different?

– Samvitti operates with discount brokers, paying flat fees per order.

– They manage their own domain and risk management, resulting in negligible brokerage costs that benefit their investors.

– They employ a 1.5-20 fee structure, where performance fees are calculated after accounting for all portfolio-related costs.

– Investors have the option to choose a 2.5% fixed management fee with no performance fee.

– Portfolio performance is shared daily on a (t+1 basis) via their mobile app.

– Detailed reports are provided monthly, quarterly, or upon request.

Why Choose Samvitti?

  • Proven Experience
    -Combined investing experience of over 40 years managing funds in various capacities across various bull and bear cycles.
    -Currently managing an AUM of INR ~1500 crores.
  • Unmatched Pedigree
    -Developed a comprehensive database of companies, sectors, and management, refined over multiple market cycles.
    -Strong technology foundation in the financial domain: Using tech to uncover ideas and ensure optimal execution.
    -Aligned interests: Our net worth is invested in the products we manage.
    -No conflicts with third parties and no broker relationships, ensuring no unnecessary churn; we profit only when the portfolio performs well.
  • Best-in-class Performance
    -A sector and earnings-driven approach to finding the best stocks to own in every market cycle.
    -Indicative names identified before markets re-rated them: Bajaj Finance (~10x), ( Page Industries (~8x), Repco Home Finance (~5x), GruhFinance (~3x), Hawkins Cooker (~8x), Indusind Bank (~3x), Apar (~3x), Mazdock(~4x) to name a few.

Build Your Investment Portfolio- Choose Your Strategy

The allocation of investable funds between the two schemes is determined by the investor in consultation with the fund manager.

  1. Long Term Scheme
    – Focuses on established businesses with moderate but steady growth.
    – Provides stability to the portfolio.
    – High confidence in delivering returns.
    – Typically includes large-cap and large mid-cap stocks.
  1. Active Alpha Scheme
    – Targets businesses thriving in the current environment and poised for multi-year high growth.
    – Aims for high growth potential.
    – Confidence in achieving high returns.
    – Primarily consists of mid-cap, small-cap, and micro-cap stocks that are performing well and benefiting from favorable business conditions.
    – Risks: More susceptible to economic and business shocks due to smaller size, mitigated by diversification.
    – Known for identifying potential multi-baggers.

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FAQ's

Do you guarantee the initial corpus and any ‘return’ thereon?
As per regulations governing Portfolio Management Services in India, returns cannot be guaranteed. We shall endeavour to outperform the benchmark indices like Sensex & Nifty and other mutual funds but there can be no guarantee or certainty of the same.
What is the ideal time horizon for my investment?
The ideal time horizon for an equity portfolio is at least three years, as equities are cyclical and returns are lumpy in nature. Our Portfolio management Schemes are designed from a long-term perspective and we will invest in accordance with the objectives of each Scheme.
What are the tax implications of investments in PMS?
Under the Portfolio Management Scheme, each transaction will be considered as an independent trade and capital gains will be applied on each depending upon whether the relevant stock was held long term or short term. Presently 20% tax is chargeable for Short Term Capital gains and 12.5% is chargeable on Long Term Capital Gains if Gains are greater than Rs 1.25 Lakh in any financial year. LTCG tax is introduced with effect from 1st Feb 2018 and Long Term Gains up to 31st Jan 2018 are grandfathered. The STT charges will also apply. You will have the onus of declaring and filing the returns on income generated in the PMS. Dividends are re invested in PMS, though dividend amount is taxed in the hands of the investor at applicable tax slab. We will provide the detailed capital gains report, dividend statements and any other information as needed to you or your CA.
Does the Portfolio Management Service have any lock-in period?
No
Under whose name are the investments held?
a) Under PMS, all investments will be held in the name of the client, i.e. you, in your demat account which will be opened specifically for the PMS. b) The Portfolio Management Service has no lock-in period and redemptions can be made anytime by providing a 30 day notice to help us efficiently exit positions.
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