StepTrade's PMS Vertical Launch: Discover the Cutting-Edge Strategies
Ahmedabad : StepTrade Share Services, a prominent investment management company, launched its SME-focused Portfolio Management Services (PMS) in Ahmedabad on Saturday, marking a significant milestone. This launch comes just over two months after StepTrade received the PMS license from the Securities and Exchange Board of India (SEBI).
Commenting on the landmark, Kresha Gupta, Director, StepTrade Share Services, and one of the youngest fund managers in India, said, “We are thrilled to introduce Portfolio Management Services as a new vertical of StepTrade Share Services. The launch of PMS reflects our commitment to excellence in financial services and allowing additional investment avenues for our clients.
To celebrate this milestone, StepTrade unveiled two key strategies: the StepTrade SME Fund and the StepTrade Rising Star Fund. The StepTrade SME Fund targets high-growth, undervalued SME companies listed on SME exchanges, with market capitalizations between Rs. 200 crore and Rs. 2000 crore. This fund focuses on companies with the potential to migrate to the mainboard within one or two years, capturing significant value during these transitions and offering investors the opportunity to maximize their returns.
Yash Bhanushali, Fund Manager, PMS, StepTrade Share Services, said, “We are excited to introduce our Portfolio Management Services, a culmination of extensive research and expertise in the financial markets. With a clear focus on transparency, innovation, and client-centric approach, we are committed to redefining the investment experience for clients.”
The StepTrade Rising Star Fund aims to generate superior alpha by actively managing a portfolio of small and micro-cap equities. It invests in companies with market capitalizations ranging from Rs. 500 crore to Rs. 2000 crore, focusing on those with significant growth potential.
Previously, in July 2023, StepTrade launched the Chanakya Opportunities Fund, its first Category II AIF Fund, followed by the StepTrade Revolution Fund, a Category III AIF Fund, in September. Both funds have delivered excellent returns and outperformed their benchmarks.
These strategic launches underscore StepTrade’s dedication to providing innovative financial solutions and expanding investment opportunities for their clients, reinforcing their position as a leader in the investment management industry.
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