Marcellus delivers 30% returns, beats Sensex gains during same period

The firm's success has coincided with a shift in investor preference to larger stocks perceived as safer bets amid India's credit squeeze and slowing economic growth

Marcellus Investment Managers delivered a 29.8 per cent return from its December 2018 start through the end of 2019, according to portfolio management information provider PMS Bazaar, beating 14 per cent gain of the Sensex over the same period. 

The Mumbai-based firm, which held Rs 870 crore ($122 million) in assets as of December 31, focuses on companies that have a competitive advantage.

“Many people think you can only make money by picking up stocks no one else knows about,” Rakshit Ranjan, co-founder and portfolio manager at Marcellus, said in an interview last month. “Our philosophy defies that logic because we are