Fund Performance: Pause after stellar showing After sustained and significant outperformance this year, Ampersand Fund lagged most indices in Sept. Thiswas due to, (1) sharp correction in select few portfolio holdings, primarily due to profit taking, (2) sizeableadvance tax outgo, …
Fund Performance: Another strong showing Ampersand NAV was up 6.6% this month, well ahead of the best performing market indices. Our benchmarkBSE500 severely lagged (down 0.8%) as did the Nifty (down 2.5%). Our superior performance was aided by ahost of …
Fund Performance: Superior showing yet again this month Ampersand NAV was up 5.5% this month, well ahead of the benchmark BSE500 (up 3.8%) and the Nifty (up2.9%), and broadly in line with mid cap indices. This was despite several of …
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 …