1 / 12

About Prodigy Investment Management (Prodigy)

About Prodigy Investment Management (Prodigy). Niche and unorthodox player in the investment management vertical whose approach is unconventional & unique.

snowy
Download Presentation

About Prodigy Investment Management (Prodigy)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. About Prodigy Investment Management (Prodigy) • Niche and unorthodox player in the investment management vertical whose approach is unconventional & unique. • Prodigy offers two products, the flagship product, Prodigy Growth Strategy, which has an excellent track record, and the newly launched Prodigy BlueChip Strategy. • Prodigy Investment Management is the operational brand of MIV Investment Services Pvt. Ltd. – SEBI licensed portfolio managers. • All good investments have an element of speculation !

  2. About Prodigy (continued) • Founded in June 2004 with the vision of providing a growth-oriented and a process-driven approach to investment management. • Over 125 families, with Assets Under Management of over Rs. 150 crs (internally generated profits to date are Rs. 150+ crs.). • Returns since inception amongst the top decile of all domestic investment managers. • Principals are Mr. Ravi Chadha (MD & CIO) and Mr. Sharad Nayak (Director-Research), extremely experienced with combined knowledge of 35 years in the stock market. • There are as many strategies as there are investors. We each see the world, as we are ‘hardwired’!

  3. Product • ‘Ultimately all money is made by being on the right side of a trend’ –Ed Seykota • A trend following product that seeks to identify and capitalize on long term uptrends in ‘Blue Chip’ stocks. • ‘Blue Chips’ are large and well established companies, with stable growth. • First new product from Prodigy Investment Management after six years since inception. • ‘Trends • monetize • fundamentals’

  4. System • The System uses proprietary indicators to identify ‘insiders’ and ‘smart money’ entering a scrip which sets a trend in motion. • The System ‘screens’ the entire market for these scrips and throws them out for final evaluation. This is done weekly. • The team at Prodigy then evaluates these scrips based on size and certain qualitative parameters to determine the final buy list. • Allocation per position of 4% of portfolio is done. Fresh position established only if an existing one is exited (if fully invested). • `The greatest challenge is following the systems we set for ourselves’

  5. Risk Management & Profit Booking • Capital protection is an essential part of every strategy. Based on pre-determined parameters a position is sold if certain indicators are triggered. This is also done weekly. • This applies to positions for the purpose of profit taking as well. Unless a contrary signal emerges, the position is left untouched. • The system throws the portfolio into cash in a ‘bear market’ and keeps it in cash till new ‘buy’ signals emerge. (see Chart II) • The system puts the portfolio into the leadership of the fresh upmoves, subsequently. • Minimum 25% of realized gains to be distributed every quarter, subject to a distributable surplus of a minimum of Rs. 1 Lac being available. • ‘Knowing how to take a loss, separates the men from men the boys’

  6. Back Testing • The System has been ‘back tested’ over the last 5 years using the identical parameters we plan to deploy going forward. • The outcome or ‘Equity Curve’ of this back testing is shown in Chart I, annexed. The performance v/s the Nifty and HDFC Top 200 Fund & Franklin India BlueChip Fund (2 of the top performing large cap/bluechip funds) is also shown. • The system back testing returned ~34% CAGR over these 5 years v/s 20% CAGR for the NIFTY. (CAGR – Compound Annual Growth Rate) • “`Bull’ and `Bear’ labels introduce emotion into what otherwise are merely uptrends or downtrends”

  7. For Whom • This product is ideal for those seeking a return better than the Index with medium to low risk. Blue Chips are large companies, well researched and already reasonably priced. Thus returns will be between that of the Index and our flagship product Prodigy Growth Strategy. • This product is ideal for re-allocation of under performing mutual funds. We would be happy to evaluate and identify those mutual funds you own that may be switched into this product. • Minimum ticket size for an account is Rs. 25 lacs. • Product amenable to ‘Systematic Investment Plan’ (SIP) for long term portfolio build up. `The greatest risk in life, is not taking enough intelligent risk’

  8. Management / Administration • Scheme administrator and custodian Motilal Oswal Securities. • Fund Manager, Mr. Sharad Nayak, Principal and Partner, Prodigy Investment Management. • Prodigy and its promoters co-investing Rs. 5 million in initial corpus alongside. • `We eat our own cooking’

  9. Right Human Attribute • Discipline to stick to a defined strategy and process even during times when the going may not be good. • Attitude to analyse performance, identify mistakes and incorporate the learnings to improve our processes. Failure and losscreate an emotional opening, through which great learning may occur

  10. Payout Policy • Policy to pay out a minimum of 25% of realised profits every quarter. • Distribution of profits is in the spirit of “Invest Well. Celebrate Life.” • Will introduce discipline in us to realise gains at an appropriate time. • Help meet clients tax commitments in a timely manner. Losersadd to Losers

  11. Contact Details For further information please contact Mita Sheth - Head Customer Care & Brand Management Tel: +91-22-22875801 Fax: +91-22-22875802 Email: mita@prodigyinvest.com www.prodigyinvest.com Prodigy Investment Management A Division of MIV Investment Services Pvt. Ltd. 4th Floor, Oricon House, K. Dubash Road, Fort, Mumbai 400023. India. SEBI Registered Portfolio Managers. Registration number: INP 000001413

  12. Disclaimer • This document is not for public distribution and has been furnished to you solely for your information and any review, retransmission, circulation and any other use is strictly prohibited.  Persons into whose possession this document may come are required to observe these restrictions.  This document is subject to changes without prior notice and is intended only for the person or entity to which it is addressed to and may contain confidential information and/or privileged material.  We are not soliciting any action based upon this material. • Neither MIV Investment Services Pvt. Ltd., nor any person connected with it, accepts any liability arising from the use of this document.  The user assumes the entire risk of any use made of this information.  Past performance is not a guide for future performance.  • Investment in equities involves substantial risk including permanent loss of capital (in whole or in part) and hence may not be suitable for all investors.

More Related