PMS · Equity · Small Cap
Right Horizon - Minerva India Under-Served
Fund size₹90 Cr
Alpha (3Y)16.66%
3Y return49.34%
Fund age12 yrs
Fund Manager
Piyush Sharma
Piyush Sharma
Fund Manager, Right Horizons
Mr Piyush Sharma born and raised in India, is investment manager of Right Horizons Minerva Funds. Having spent time with Citigroup and Bombay Stock Exchange in India, he moved to United States in 2002, where he covered stocks within Business Services, Autos, Consumer Products and Financials with Sanford Bernstein, Longbow Research, and Avondale Partners, working in teams that received accolades from leading institutional research arbiters, including Institutional Investor (II) and Greenwich Associates. Piyush received an MBA from University of North Carolina at Chapel Hill, MS from MNNIT, and BS in Accounting from University of Allahabad.
Managing AUM₹90 Cr
Growth of₹Cr
Right Horizon Minerva India Under Served
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Right Horizon Minerva India Under Served—0.84%42.84%49.34%15.91%14.90%
NIFTY 50 TRI−12.33%4.23%12.30%25.47%11.37%11.87%
Excess over benchmark—−3.39%30.54%23.87%4.54%3.03%
Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 30 Apr 2023.
Risk : What you take on to earn the return
Volatility
24.48%
Benchmark approx 14.93%
A standard deviation reflecting historical swings.
Sensitivity
1.05
Beta vs benchmark 1.00 · 5% more reactive
How strongly the scheme moves with the index.
Risk-reward
1.52
Sharpe
Excess return gained per unit of volatility.
Capture ratio
153 / 86
Upside / Downside Capture
Share of market gains captured versus losses absorbed.
Portfolio Details : Where the money actually sits
Asset class
Equity
Market cap
Large cap
Mid cap1.02%
Small cap85.91%
Cash & others
Fees
A fixed plan is cheaper when returns are strong. A performance plan costs less in lean years and shares the upside only when the fund beats a hurdle. Both cost the same at a 20.00% gross return.
FixedPlan A · Simple
Fixed Management Fee2.50% / yr
Performance FeeNone
Hurdle RateNot applicable
VariablePlan B · Shared upside
Fixed Management Fee1.50% / yr
Performance Fee10% of profit
Hurdle RateAbove 10%
Exit load 2.50% within 1 year, nil after 2 years. Lock-in: Nil.
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