Fact sheet: Pictet Indian Equities

Fund information
Fund name
Pictet Indian Equities I GBP
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund managers
  • Mr. Venkatesh Sanjeevisince 01/10/2015
  • Prashant Kotharisince 01/03/2012
Fund objective
The sub-fund seeks capital growth by investing at least two-thirds of its total assets in a diversified portfolio of the shares of companies whose main business and/or registered office is in India.
Benchmark
  • MSCI India 10 / 40
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
47.4%
1 Year rank in sector
-
Sector
FO Equity - India
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.14%
Fund size
£300m (£249m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
125
Top in this sector
Fund name1 Year
Kotak India Mid Cap54%
RAMS Equities Portfolio50.7%
UTI International India 198650.1%
Gateway to India49%
Pictet Indian Equities47.4%
...more in FO Equity - India

Performance snapshot

Holdings snapshot

  • India98.2%
    Money Market1.8%
  • Financials34.3%
    Consumer Staples15.2%
    Information Technology14.9%
    Consumer Discretionary14.4%
    Health Care5.8%
  • Indian Equities98.2%
    Money Market1.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%6.2%16.8%47.4%81.6%147.3%
Sector1.3%9%19.9%27.8%38.9%78.1%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund11.6%29.5%2.7%45.1%-3%
Sector18.8%3.8%-1.8%34.7%-6.4%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
10.44
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.99
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
1.27
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
18.19
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
8.24
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
1.19
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.79
Price movement
52 week high441.61
52 week low289.38
Current bid price-
Current offer price-
Current mid price426.28
Region
1India98.2%
2Money Market1.8%
Industry sector
1Financials34.3%
2Consumer Staples15.2%
3Information Technology14.9%
4Consumer Discretionary14.4%
5Health Care5.8%
6Industrials5.2%
7Materials4.6%
8Utilities3.8%
9Money Market1.8%
Asset type
1Indian Equities98.2%
2Money Market1.8%
Individual holdings
1HDFC BANK LTD9.3%
2HCL TECHNOLOGIES5.7%
3HCL TECHNOLOGIES5.7%
4INFOSYS LTD5.4%
5INFOSYS LTD5.4%
6TORRENT PHARMACEUTICAL5.4%
7TORRENT PHARMACEUTICAL5.4%
8INTERGLOBE AVIATION LIMITED5.2%
9LIC HOUSING FINANCE4.5%
Management
Fund manager group
Pictet
Fund manager company
Pictet Asset Management (Europ
Fund type
Offshore Fund
Fund objective
The sub-fund seeks capital growth by investing at least two-thirds of its total assets in a diversified portfolio of the shares of companies whose main business and/or registered office is in India.
Benchmark
  • MSCI India 10 / 40
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Mr. Venkatesh Sanjeevi01/10/2015Mr. Sanjeevi is an ACA and holds PGDM (IIM - A). He has over 5 years of experience. Prior to this he was part of the Equity Research Team of Edelweiss Asset Mgmt. Ltd., with Edelweiss Securities Ltd. and with Hindustan Unilever Ltd.
Prashant Kothari01/03/2012Prashant Kothari is Senior Investment Manager in the Emerging Markets Equity team responsible for Indian equities. He joined Pictet in February 2012 from ICICI Prudential Asset Management Company, India, where he was Vice President and Senior Investment Manager for the past seven years, focusing on Indian equities. He began his investment career as an analyst in 2003 researching consumer, media, retail, autos, financials, industrials, metals and telecoms sectors for India.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Cyprus, Germany, Spain, Finland, France, United Kingdom, Greece, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Sweden
Pictet Indian Equities I EUR
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price494.42
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQ605
Pictet Indian Equities I GBP
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price426.28
CurrencyGBP
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF4QR
Pictet Indian Equities I USD
Initial charge5%
Annual charge0.7%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price554.02
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeP777
Pictet Indian Equities P EUR
Initial charge5%
Annual charge1.4%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.83%
Bid price-
Offer price-
Mid price446.14
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ604
Pictet Indian Equities P USD
Initial charge5%
Annual charge1.4%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.89%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price499.96
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXV28
Pictet Indian Equities P dy GBP
Initial charge5%
Annual charge1.4%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.8%
Bid price-
Offer price-
Mid price384.66
CurrencyGBP
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCHO7
Pictet Indian Equities P dy USD
Initial charge5%
Annual charge1.4%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.86%
Bid price-
Offer price-
Mid price499.93
CurrencyUSD
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA1G8
Pictet Indian Equities R EUR
Initial charge5%
Annual charge2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.51%
Total expense ratio (TER)2.47%
Bid price-
Offer price-
Mid price409.19
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ603
Pictet Indian Equities R USD
Initial charge5%
Annual charge2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.52%
Total expense ratio (TER)2.47%
Bid price-
Offer price-
Mid price458.49
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeP778
Pictet Indian Equities Z USD
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.3%
Total expense ratio (TER)0.26%
Bid price-
Offer price-
Mid price618.88
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOID
Data provided by

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