According to reports from The Economic Times, Monarch Networth Capital successfully raised ₹100 crore for its maiden Portfolio Management Services (PMS) scheme, the Monarch Wealth Creator Fund. The financial services company achieved this milestone within months of its launch, exclusively through Monarch's direct distribution network without involving any external market intermediary or third-party distributor.
As reported by The Economic Times, the PMS fund has delivered impressive returns of 10.72% since inception, significantly outperforming the BSE 500 TRI TWRR whose returns in the comparable period stand at a negative 4.28%. This performance implies an outperformance (Alpha Generated) of 15%, demonstrating the fund's ability to generate alpha in challenging market conditions.
According to the company statement reported by The Economic Times, the PMS follows a sector agnostic investment strategy, anchored in identifying businesses with strong and predictable cash flows, superior return on capital employed, efficient capital allocation, scalable growth potential, and exceptional management quality and corporate governance. The fund's performance underscores the strength of Monarch's research-driven, fundamentals first investment process.
As reported by The Economic Times, building on the success of the initial mobilization, Monarch Networth Capital is targeting to raise a total of ₹500 crore in PMS AUM over the next two months. The company intends to continue its direct distribution approach, leveraging its pan-India branch network, institutional relationships, and the strength of the Monarch brand to drive this next phase of growth. Managing Director Vaibhav Shah expressed confidence in achieving the target, citing overwhelming investor response to the Monarch approach to wealth creation.
