Fund Performance: Another decent month Ampersand NAV was up 5.5% this month, ahead of benchmark and the Nifty. And this was despite some of ourlargest positions faring poorly, which makes this performance even more satisfying. Several portfolio stocksdid well, especially …
Fund Performance : Strong follow up to previous month Ampersand NAV was up 7.6% this month, well ahead of benchmark and key market indices. This was mainlydue to a tailwind of strong results in the majority of our portfolio holdings. …
Fund Performance Ampersand NAV was up 4% this month, largely in line with the Nifty. This was despite our contra overweightstance in the IT sector, which performed poorly relative to all market indices and restricted our performanceas well. As a …
Monthly Fund Update Starting with this edition and every month, we will be presenting a factsheet along with commentary, therebyreplacing our quarterly newsletter. This is in line with the feedback given by some of our investors. Fund Performance Following strong …
High Five In Sept 2022, Ampersand completed 5-years of managing the AIF. Our track record so far has been quite exemplary, considering the disruptive events which panned out during the course of short existence. This also includes market volatility induced …
Toughest quarter since onset of Covid India stock market declined sharply during Apr-Jun 2022. An early indication of this possibility was provided when broader markets started to correct in the previous quarter. Inflation and fears of possible recession were the …
Slippage in returns, the first in 2 years CY22 has been dramatic so far, and it shows through the first quarterly decline in returns from equities in nearly 2 years. The Russia-Ukraine conflict added a new dimension to the already …
Sharp moderation to returns During the final quarter of 2021, India equities delivered the weakest returns in over 2years, both in absolute terms as well as relative to global markets. Although another Covid wave did add to the concern, sharp …
We outperformed the best performing stock market During the July-Sept quarter, India equities delivered the best returns relative to other global markets. One of the reasons was the sharp recovery from the brutal 2nd Covid wave. Under these circumstances, Ampersand …
We have delivered Index beating returns Stock markets, both in India and globally are scaling newer highs despite multiple waves of Covid pandemic, and several macro concerns. The traditional Chinese curse “May you live in interesting times” truly defines the …