Motilal NTDOP PMS
NTDOP Portfolio Management Service of Motilal Oswal invests
in companies which are
likely to earn 20-25 % on its net worth going forward. Motilal Oswal PMS
invests with a margin of safety and purchases a piece of great
business at a fraction of its true value. MotilalNTDOP stands for Next Trillion-Dollar GDP growth. So, the focus is on
buying companies that will benefit out of the Next Trillion-Dollar GDP growth.
Motilal Oswal identifies potential long-term wealth creators by focusing on
individual companies and their management.
It strongly believes that “Money is made by
investing for the long term”. It follows a Focused portfolio strategy
and the portfolio consists of up to 25 stocks.
In his words of Mr Manish Sonthalia, Head of
PMS, at Motilal Oswal Asset Management during the latest Webinar organised by
PMS AIF WORLD on 13th Sep 2019, Motilal Next Trillion-Dollar
Opportunities Portfolio (NTDOP) is a stable portfolio of unleveraged businesses.
Mr Manish Sonthalia mentioned, “Our philosophy is to play on operating
leverage”.
The portfolio comprises of good
businesses. We have held most companies for many years and have seen ups and
downs in the past as well.
These companies have delivered in the long
term. We continue to hold as there is a conviction. Businesses do not travel in
a straight line; one has to take a long-term view. Buying decent businesses and
holding on to them for the long term is what we believe in. It’s more about the
longevity of growth; the terminal value of the business and not 1 or 2 years of
growth. Expected earnings growth of companies in NTDOP PMS can be seen in the
vicinity of 18-20%.
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