SPONSORED CONTENT

Purnartha Investment Advisers crosses Rs 1,000 cr in PMS AUM

September 19, 2022 19:20 IST | ANI Press Release
Tennis player James Blake
Purnartha Investment Advisers

Pune (Maharashtra) [India], September 19 (ANI/NewsVoir): Purnartha Investment Advisers Pvt. Ltd. (Purnartha), one of India's leading investment advisory and portfolio management companies, has recently crossed the milestone of Rs 1,000 Cr in assets under management (AUM) for its Portfolio Management Services.

Purnartha was founded by Rahul Rathi and Dr Raghu Sundaram in 2011 and entered the equity investment advisory market with a unique philosophy for long-term wealth creation. Since 2015, the company began expanding its pan-India presence and currently has presence in nine cities across six states. The company has a strong team of industry veterans and subject matter experts. Over the years, Purnartha has grown into a 10,000+ strong family, including domestic, NRI, and institutional investors across its equity-related product offerings.

After establishing itself among the leaders in the investment advisory business, Purnartha entered into portfolio management services in September 2020. Since the launch of the service, Purnartha has managed to achieve Rs 1,000+ Cr of assets under management.

Portfolio management services provide a customized investment portfolio across asset classes. Purnartha's PMS allows investors to access professionally managed equity investments with the objective of beating the underlying benchmarks and generating returns over the long-term. Currently, the company offers two distinct investment approaches to investors to suit their risk profile.

Speaking about the milestone, Hemant Vispute, Managing Director - Purnartha Investment Advisers Pvt. Ltd, said, "It is a matter of great honor and pride to achieve Rs 1,000 Cr of AUM within 2 years of the launch of our portfolio management services. We started our services in the thick of the COVID-19 pandemic, finding a way out of operational, logistical and other challenges that came our way. However, we have steered past these troubled waters well, and continue to expand our operations across India - including Tier II cities and more. The achievement highlights our clients' trust in the company's ability to navigate the market volatility."

Purnartha PMS is generally based on solid foundational investment principles with a rigorous filtering criteria that guides the businesses they choose to invest in. The fundamental investment principles are:

- Companies that are projected to demonstrate consistent volume growth across all business cycles.

- Companies that showcase consistent revenue growth based on their volume growth.

- Companies that show positive operative cash flow growth over a period of time.

- Companies that do not rely on debt to drive their operations, growth, or expansion.

Purnartha meticulously looks for businesses that satisfy these qualities to build a resilient market-cap and sector-agnostic portfolio aimed at long-term wealth creation. Furthermore, the company houses a well-experienced research team that monitors macroeconomic trends to identify potential investment opportunities. Similarly, Purnartha also conducts on-ground channel checks, interacts with industry experts, and follows other due diligence to validate its findings.

Adding on the achievement, Devendra Phadke, Director, Purnartha Investment Advisers Pvt. Ltd. said, "The Rs 1,000 Cr milestone valitdates our clients' trust and our research capabilities. We continue to rely on our core values of ethics, clear investment philosophy, and building strong relationships with our esteemed clients. Their support and faith in our capabilities has been reassuring and will definitely spur us to achieve greater heights in the years to come."

Purnartha's primary focus is to demystify the world of equity investments and create an ecosystem backed by unmatched expertise and transparency that aims to help people prosper and grow. Founded in 2011 as an investment advisory firm and headquartered in Pune, Purnartha Investment Advisers Pvt. Ltd. is backed by a team of industry veterans and subject matter experts. The company is functional across the country with nine regional offices in six states. Purnartha offers a range of equity-related products including investment advisory, portfolio management services, and alternative investment fund.

For more information, please visit: (https://www.purnartha.com/Purnartha/index.aspx).

Disclaimer: Investments in securities markets are subject to market risks and there is no assurance or guarantee that the objectives of the investments/investment products will be achieved.

This story has been provided by NewsVoir. ANI will not be responsible in any way for the content in this article. (ANI/NewsVoir)

DISCLAIMER


(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