A leader in the investment management, StepTrade Share Services, has recently launched its SME focussed Portfolio Management Services (PMS), marking a major milestone in its journey.
At the launch event, the Director and Fund Manager at StepTrade Share Services, Ankush Kumar Jain shared three factors that he relies on while betting on the SME companies.
The three key factors are the consistent profitability of the company for at least three years; order book growth and clientele placing the orders; and skin of promoters in the game.
It is worth highlighting that the launch of PMS services comes just over two months after StepTrade Share Services received the PMS license from the Securities and Exchange Board of India (SEBI).
Kresha Gupta, Director, StepTrade Share Services, and one of the youngest fund managers in India, on the launch 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.
Further, speaking on the SME IPOs, the Director at StepTrade Share Services, Kresha Gupta said that due to their allocation structure, the retail investors have a limited portion in the SME IPOs because of their allocation structure.
“A number of quality SME IPOs leave a substantial portion reserved for institutional investors, leaving a relatively smaller room for individual participants,” she said.
Notably, the StepTrade Share Services marked the milestone occasion with the launch of StepTrade PMS by unveiling StepTrade SME Fund strategy, which eyes alpha returns in companies listed on SME exchanges, and the StepTrade Rising Star Fund, focusing on small & micro-cap companies.
The StepTrade SME Fund strategy targets companies with market capitalisations ranging from Rs 200 crore to Rs 2,000 crore.
The StepTrade Rising Star Fund strategy aims to generate superior alpha by actively managing a portfolio of small and micro-cap listed equities. It will invest in companies with market capitalisations ranging from Rs. 500 crore to Rs. 2,000 crore and have the potential for significant future growth.
Yash Bhanushali, Fund Manager, PMS, StepTrade Share Services, speaking on the launch 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.”
