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Business News/ Brand Stories / Savart to unveil specialized Alternative Investment Fund for savvy investors

Savart to unveil specialized Alternative Investment Fund for savvy investors

Savart is an AI-powered asset management firm that focuses on creating long-term alpha for investors in various asset classes.

Sankarsh Chanda - Founder and CEO, SavartPremium
Sankarsh Chanda - Founder and CEO, Savart

India, 29th November, 2023: Savart, an AI-powered global asset management firm is on a mission to create long term alpha for investors in stock, mutual funds, bond & gold investments in India, U.S.A. & Canada. Aiming to democratize wealth creation by making long-term investing simple, affordable, and accessible to everyone, Savart simplifies long-term investments and alpha creation, eliminating the daunting questions of ‘when, where, how much, and how to invest’ for thousands of global investors. Sankarsh Chanda, Founder & CEO, Savart shares his insights on the strategic focus of Savart on AI and the transformative impact of its proprietary APART AI, the company’s global plan.

Can you provide a brief overview of the inception & operations of ‘Savart’? What is the investment philosophy of your advisory firm? 

We have had a fairly interesting journey since inception. It all started with when I had an early interest in value investing. I started investing in the stock market pretty early by using my scholarship money. Interestingly, I didn’t have a Demat account then. So, my initial market exposure was through my sister’s Demat account. I have been deeply influenced by the investment principles of Benjamin Graham, which focuses on solid company performance for sustained wealth creation, rather than on short-term market movements. This investment philosophy has been the guiding light of ‘Savart’ from the beginning. 

We are an ever-innovating asset management firm that leverages technology to the hilt. Our proprietary APART AI (Advanced Process Automation & Research Technology) simplifies long-term investing in stocks, mutual funds, bonds, and gold for investors. Importantly, we are providing investment services for asset classes in India, US, and Canada. This technology automates the investment process across asset classes and regions, making wealth creation accessible and straightforward. 

Our investment advisory services are full-stack in nature. Our advice starts from an investment amount of as little as 1,000, who can invest through our Savart app & website. We provide portfolio management services, which is a fully-automated long-term investment approach through our ‘Ad Astra Fund’. In the personal finance domain, we also provide comprehensive financial planning services to investors. We feel investor education is a space that needs to be vigorously focussed. Therefore, through our ‘Nirvana’ app, we provide personal finance and investment education. Since inception, we have received an overwhelming response from investors, which has made ‘Savart’ one of India’s largest investment advisors. This is a testament to our focus on driving alpha (excess return of an investment relative to the return of a benchmark index) creation through innovation.

Will you elaborate on how value investing as a theme works for investors at Savart?

As I have explained earlier, APART AI is the sole & final investment decision-maker at Savart. So, we use technology in all aspects of value investing. As far as asset classes are concerned, we cover almost the entire spectrum- stocks, mutual funds, bonds & gold. Of course, our advice has a positive bias towards stocks over other asset classes. We believe in making long-term investments and we define long-term as a period which is more than 5 years. Interestingly, our favourite holding period is 'forever'.  

Under the value investing theme, we prefer to maintain concentrated portfolios & make big, and infrequent bets. However, our strategy is ever-evolving and open to new ideas depending on the dynamics. We are generally sector, industry, geography, and market cap agnostic. Therefore, we don’t recommend ‘something new’ every day or month just because we have to. There are many occasions wherein we recommend ‘averaging’ or ‘repurchasing’ the same investments. Because we believe that inaction generally works better than action in investing. We avoid ‘timing’ our purchases and exits to perfection and instead rely on asset fundamentals to make such decisions.

Investment advisory is a crowded space. How different Savart is from other investment advisory firms in the market?

We have many unique differentiators. Firstly, we provide personalised investment advice. Our proprietary technology platform ‘APART’ computes & analyses individual risk tolerance and financial goals to create personalised investment advice. Similarly, Savart’s proprietary EFGTM system uses psychometric & behavioural indicators to create a dynamic & accurate profile of each individual investor. Thus, we provide accurate and customised services to individual investors as per their life goals. 

Speed and accuracy are our other hallmarks. APART allows the creation of multi-asset & multi-geographic portfolios in a span of seconds, which otherwise takes a few months for any research team to comprehend. The amount of data that APART crunches in a minute is much more than what an individual research analyst can do in his/her lifetime. So, our investment advice is fast and customised. 

Thirdly, we do real-time monitoring of the portfolio. We keep close track of all investments to ensure there is no significant deviation from the initial thesis or rationale. The challenge of an overload of irrelevant information is easily surmounted by APART.

Trust & transparency are the two pillars of Savart. Despite several economic, business, and educational challenges before individuals for long-term investment, our adherence to ethics, transparency, and doing the right thing have created a reliable atmosphere for investors to share their dreams with us.

Lastly, our performance speaks for itself. Our track record since September 2019 till date has generated an alpha of over 100% over the benchmark NIFTY 50 index.

Can you share with us how Savart customise its investment strategies for its investors?

I can say that Savart has democratised personalised asset management at scale through its APART system. To elaborate, the personalisation of the portfolio is governed by our proprietary psychometric risk profiling system, termed EFG (Emotional, Financial & General Analysis). Through EFG analysis, we understand the risk tolerance, financial behaviour, financial goals & expectations of the investor using more than 20 behavioural metrics. This is especially essential given that most clients may not always be able to explain their investment needs & risk appetite precisely through the traditional Q&A format of profiling. Through such customization of portfolio; specific inter-asset allocation, intra-asset allocation, geographic allocation, and investment strategy are recommended for each client. This ensures that the investment advice aligns with the needs of the investor.

How are you leveraging AI (artificial intelligence) in investment planning? Can you provide specifics of Savart’s offerings in this regard?

We are leveraging AI to the maximum extent in all our investment planning decisions. Our proprietary APART AI (Advanced Process Automation & Research Technology) is the prime AI-driven platform. Through APART, we enable the creation of multi-asset & multi-geographic portfolios in a span of seconds, which otherwise takes a long time with human intervention. Similarly, APART crunches millions of data points in a minute by using AI which is humanly impossible. We also conduct quantitative analysis and qualitative research by leveraging AI. Moreover, AI technology is actively used in risk profiling, portfolio tracking & rebalancing. Real-time monitoring of portfolios is another exercise that is facilitated through AI. 

What are your views on the risk management aspect and how does Savart manage risks for its investors?

Risk management undoubtedly is one of the critical aspects of investment planning. Through our APART platform, we analyse the risk on the client side using the EFGTM system. It conducts numerous quantitative, qualitative & forensic checks on the investment side using the Quant & Iris systems. Moreover, data from con-call transcripts, annual reports, news articles & thousands of other sources constantly pour into the APART database where business, currency, geopolitical, environmental, competitive, and regulatory risks among others are thoroughly assessed. But, while we are careful with risk, we don’t go overboard or obsess ourselves with risk reduction, Because, we believe that investment in quality businesses and holding them patiently are sufficient enough to improve the probability of wealth creation in the long term.

What is Savart’s approach to dealing with market volatility? Can you provide a brief overview?

Volatility is part of the market. However, we try to beat volatility in the market by crunching as much as possible. The APART system alone covers over 10,000 sources that include annual reports, con-call transcripts, journals, research reports & data over the internet to make informed investment decisions. From macro-factors to micros; from environment concerns to livestock data; APART consumes and crunches more data than a human can ever imagine.

What kind of returns did Savart generate for its investors in past years? Can you throw some light on this aspect?

Definitely. At Savart, we are proud to share that our clients have enjoyed an annualised return of over 25% for the past four years since our inception. However, it's important to note that these figures represent a generalised performance across all client portfolios. Since each client's portfolio is tailored to his/her risk profile, actual returns can vary from one client to another. It is important to note that our commitment to personalised investment strategies means the performance is aligned with personal financial goals given his/her risk tolerance ability. We always seek unique experiences for each client. 

Can you throw some light on your growth and expansion plans in the coming years?

Savart has global ambitions and we have plans to open international offices. Moreover, as part of our diversification drive, we have plans to launch a mutual fund to offer diverse investment options. We're also all set to introduce an Alternative Investment Fund (AIF) for sophisticated and discerning investors. 

Moreover, we're in the process of converting our APART AI technology into a SaaS (software as a service) platform. This will definitely revolutionise the investment management space for AMCs. These initiatives underscore our dedication to making wealth creation accessible for everyone through our unique service offerings. 

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.

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Published: 29 Nov 2023, 05:56 PM IST
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