Bellwether Portfolio Performance
Year Ended
31st March (FY)
Bellwether
Return
(%)
Large Cap Return
Sensex
(%)
Mid Cap Return
CNX 500
(%)
Bellwether returns calculated on NAV basis, post all fees and
expenses, to make it comparable to the indices. Bellwether returns
include dividends.
Comments
FY 2005
64.05
9.57
11.60
Bellwether mid-cap outperformance
FY 2006
52.54
73.73
64.16
Index on a tear
FY 2007
-11.81
15.89
8.07
Liquidity driving up index sensitive stocks. Bellwether trailing index with 3 losers in the
portfolio
FY 2008
37.27
19.68
21.64
Momentum at peak just before sub prime crisis
FY 2009
-55.41
-37.94
-40.02
Post Lehman era mid-caps fell on low volumes
FY 2010
122.20
80.54
87.95
Bellwether portfolio rebalanced. Losers exited. Averaged down on winners
FY 2011
15.90
10.94
7.26
Consolidated Bellwether outperformance
FY 2012
22.86
-10.50
-8.75
Reaping benefits of rebalanced portfolio
FY 2013
10.24
8.23
5.13
Sticking with the winners
FY 2014
48.26
18.85
17.72
Bellwether mid-caps outperform, as market pays a premium for growth with quality
FY2015
45.14
24.89
33.56
Opportunistic trades without disturbing the core portfolio structure helps Bellwether
maintain outperformance
FY2016
-2.13
-6.58
-3.63
Markets enter consolidation phase
From
01/04/2004 to
31/12/2015
Bellwether
Return (%)
Large Cap
Return
Sensex (%)
Mid Cap
Return
CNX 500 (%)
Comments
Total Return
900.83
340.76
323.14
Bellwether has returned more than double the sensex return
Compounded
Annualised Return
21.64
13.45
13.06
Comprehensive and sustained outperformance
Portfolio Performance – Comparison with Equity Mutual Funds
Source: Mutual Fund performance data is from publically available sources and is for the calendar year. All performance calculated on NAV
basis, net of fees and expenses, to make comparison meaningful.
Fund
1 year
Return
(%)
Fund
3 year
Return
(%)
Fund
5 year
Return
(%)
Sundaram S.M.I.L.E Fund (G)
108.70
Franklin India Smaller Companies Fund (G)
226.30
Bellwether Capital
216.84
DSP BR Micro-Cap Fund (G)
101.80
Canara Robeco Emerging Equities (G)
201.10
Birla Sun Life MNC Fund – B (G)
208.80
Birla Sun Life Pure Value Fund (G)
99.00
UTI – Mid Cap Fund (G)
195.70
DSP BR Micro-Cap Fund (G)
208.10
Canara Rebeco Emerging Equities (G)
96.00
Principal Emerging Bluechip Fund (G)
195.70
Canara Robeco Emerging Equities (G)
200.30
UTI-Mid Cap Fund (G)
90.40
Bellwether Capital
195.25
Religare Invesco Mid N Small Cap Fund (G)
199.50
Franklin India Smaller companies Fund (G)
89.90
DSP BR Micro-Cap Fund (G)
194.10
HDFC Mid-cap Opportunities Fund (G)
191.80
Kotak Emerging Equity Fund (G)
87.30
SBI Magnum Midcap Fund (G)
189.00
Franklin India Smaller Companies Fund (G)
186.70
ICICI Pru Midcap Fund (G)
87.00
Sundaram S.M.I.L.E Fund (G)
187.00
UTI - MNC Fund (G)
180.30
HSBC Progressive Themes Fund (G)
85.40
ICICI Pru Midcap Fund (G)
182.30
Religare Invesco Mid Cap Fund (G)
176.30
Bellwether Capital
60.05
Birla Sun Life Pure Value Fund (G)
179.80
BNP Paribas Mid Cap Fund (G)
172.80
In line with our long term philosophy, Bellwether is on top of the Mutual Fund pack for the last 5 year
period with a return of 217%
Portfolio Performance – Comparison with Portfolio Management Companies
Performance has been calculated on the basis of time weighted average return, net of fees and expenses, to make comparison
meaningful with other portfolio managers. Source : www.sebi.gov.in/sebiweb/investment/PMRReport.jsp
Portfolio Managers
Calendar
Year 2013
Return (%)
Portfolio Managers
Calendar Year
2014 Return
(%)
Portfolio Managers
Cumulative
Return Calendar
Year 2013-14 (%)
Bellwether Capital
28.10
Equity Intelligence India Pvt ltd
112.00
Equity Intelligence India Pvt Ltd
119.00
Valuequest Investment Advisors
19.30
KB Capital Markets
109.00
KB Capital Markets
117.00
Sundaram Asset management
15.20
95.00
15.20
Securities Investment Mgt Pvt
Ltd
107.00
Dalal and Broacha Stock Broking
Securities Investment Management Pvt
Ltd
Quest Investment Advisors
76.00
Bellwether Capital
89.00
Securities Investment Management
14.70
MIV Investment Service
66.00
85.00
MIV Investment service
14.40
Valuequest Investment Advisors Pvt
Ltd
66.00
Valuequest Investment Advisors
Pvt Ltd
MIV Investment Service
81.00
BNP Paribas Asset Management
14.10
Karma Capital Advisors Pvt Ltd
64.00
Quest Investment Advisors
74.00
New Horizon Wealth Management
13.80
Bellwether Capital
61.00
Banyan Tree Advisors
68.00
Banyan Tree Advisors
12.50
Parag Parikh Financial Advisory
Services
61.00
Dalal and Broacha Stock Broking
Pvt Ltd
68.00
Emkay Investment Managers
11.00
Alchemy Capital Managment Pvt Ltd
59.00
Parag Parikh Financial Advisory
Services
63.00