You are here: Home » News-ANI » Business
Business Standard

TrustLine announces successful closing of Intrinsic Deep Alpha AIF - Category III offering

Topics
Business Finance

ANI 

TrustLine Holdings, the leading equity research, and portfolio management firm has announced the successful closing of its Intrinsic Deep Alpha Fund.

The fund has received commitments of Rs 800 million-plus from existing and new investors against the target of Rs 750 million.

This Category III AIF Fund's mandate is to focus predominantly on micro and small-cap space in the sub-1000 crore market cap segment and to aim at early-stage investing in the listed space.

TrustLine is among the top discretionary portfolio managers in India with industry-leading performance.

The Fund with a minimum investment size of Rs one crore is a "Closed" ended scheme with a term of five years and extendable up to two years as per SEBI AIF Regulations, 2012.

It would focus on an early investment in small companies in promising high growth sectors, when they are in their infancy, thus having the potential to deliver exceptional returns when they scale up.

"This has been one of the most challenging environments for micro, small and midcaps. We are pleased to note that we could, not only manage to raise our target commitments but also exceed our own expectations in this difficult environment. This was made possible because of overwhelming support from our existing investors whose commitments constituted a significant share of the overall fundraising. This bears testimony to our long-term performance track record as well as to our focus on long-term client relationships and client servicing. In this fund, our objective is to create a 'Rich' portfolio from "Small" gems. We aim to do this by handpicking some of the best high-quality micro-caps, possessing superior return metrics (ROCE), high operating margin, low leverage, soundtrack record, etc. from the target universe", said ArunaGiri N, Founder CEO & Chief Investment Officer, TrustLine Holdings Pvt Ltd.

ArunaGiri who is the CIO for the fund has more than 15 years of experience in the capital market in various capacities and manages the PMS/AIF investments at TrustLine with assets over Rs 400 crores spread across 550 plus highly satisfied clients.

As an enthusiastic and disciplined practitioner of value investing over a long time, Arun has come to believe that the key to success in value investing lies not so much in financial skills, but in emotional and temperamental skills.

He believes very strongly that value investing is a great wealth-building opportunity for anyone who could think and act long-term without getting swayed by the short-term swings of the market.

A large part of success in value investing comes from one's ability to stay objective/rational in an irrational market setting. By being greedy when fear grips and being fearful during misplaced exuberance.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Thu, January 23 2020. 12:44 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU