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PL PMS, the investment management arm of one of India’s most respected financial services firms, Prabhudas Lilladher Group, is thrilled to announce the launch of AQUA (Adaptive. Quantitative. Unbiased. Alpha). AQUA is a new quanta-mental equity PMS strategy, which uses quantitative methods with fundamental principles. AQUA is PL PMS’s second quant – based strategy. This revolutionary solution aims to provide investors with a style, sector, size & benchmark agnostic, flexi-cap, equity portfolio that dynamically adapts to changing market cycles and investment regimes.

AQUA relies on a dynamic multi-factor approach that blends fundamentals, valuations, macros, liquidity, sector, risk and technical analytics to construct a diversified portfolio of select stocks from the top 500 stocks. Its robust models process vast amounts of data, identifying patterns and relationships that might be otherwise overlooked.

Investing in the new era, allows us to leverage the best of human intelligence and machine capabilities. AQUA captures the best of both by adopting a ‘Man With Machine’ philosophy rather than ‘Man Vs Machine’. We believe this collaboration is superior to either man or machine functioning on its own.

AQUA leverages the synergies of PL’s equity research capabilities and 8 decades of investing wisdom combined with cutting-edge technology and the discipline of quantitative methods to ensure repeatable investment outcomes for sustainable outperformance for our investors.

Quantitative investing is a more sophisticated investment approach because it uses data and a rigorously tested scientific approach to drive investment decisions. We truly believe that if you cannot test the strategy, you cannot trust it." said Siddharth Vora – Head of Investment Strategy and Fund Manager – PMS, Prabhudas Lilladher.

He added, "Markets operate in cycles that keep changing as per evolving macro regimes. One investing style does not work across cycles which creates the need to combine and adapt multiple styles as per evolving market conditions. Investors find it difficult to determine these changing regimes and adapt their style and portfolio due to deep rooted emotional and style biases. Aqua’s systematic process-oriented approach eliminates these loopholes in the investment process by adopting an adaptive and flexible proprietary quanta-mental strategy”

PL PMS remains committed to providing innovative, well-researched, rigorously tested and thoughtfully designed investment solutions which are unique. It strives to deliver industry-beating and industry-leading quant-based investment solutions for its clients to give them a superior experience in their wealth creation journey.

Led by fund manager Siddharth Vora, PL's Quant team includes a combination of financial experts, economists and tech experts and a host of other CAs, CFAs, CMTs, economists, programmers, statisticians, risk analysts, financial engineers and tech experts who spent 3 years conducting extensive research and rigorous testing on developing this industry-first offering.

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