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StepTrade Share Services launches PMS vertical, unveils the Strategies

Ahmedabad, May 13th 2024: StepTrade Share Services, a leading investment management company, launched its SME focussed Portfolio Management Services (PMS), marking a major milestone in its journey, in Ahmedabad on Saturday.

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).

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.

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.

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 SME Fund strategy targets high-growth, undervalued listed SME companies with market capitalisations ranging from Rs. 200 crore to Rs. 2000 crore. It will focus on companies poised for significant value unlocking through the potential to migrate to the mainboard within one or two years, capturing alpha during the value unlocking phases, and allowing investors to capture the full potential of their investment.

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.

Earlier, StepTrade Share Services launched the Chanakya Opportunities Fund, its first CAT II AIF Fund, in July 2023, followed by the launch of the StepTrade Revolution Fund, a CAT III AIF Fund, in September. Each of these funds has delivered excellent returns and outperformed the benchmarks.

About StepTrade Share Services: StepTrade Share Services, established in 1993, is a pioneering financial services firm specializing in SME and microcap sector investments. Committed to unlocking the potential of the Indian market, we offer a range of investment solutions, including Alternative Investment Funds (AIF) and Portfolio Management Services (PMS), meticulously tailored to meet diverse investor needs.

StepTrade offers three distinctive Alternative Investment Funds (AIFs): Chanakya Opportunities Fund, catering to CAT-II investors; StepTrade Revolution Fund, designed for CAT-III investors; and StepTrade Opportunities Fund, focusing on CAT-I (Special Situation Fund) investors. Alongside our AIFs, StepTrade also offers distinguished Portfolio Management Services (PMS). Through our AIFs and PMS, we meticulously craft tailored investment strategies, leveraging our deep industry knowledge and market insights, to deliver exceptional results for our esteemed clientele.

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