How AltWealth Rates Debt PMS Strategies
AltWealth's proprietary rating for Debt PMS combines: (1) Risk-adjusted yield — XIRR relative to credit risk taken; (2) Credit quality — average portfolio credit rating; (3) Consistency — how stable returns have been across market cycles; (4) Manager track record — years of experience in fixed income markets.
- Yield Quality: High yield without taking excessive credit risk
- Credit Consistency: Portfolio ratings must maintain minimum AA average
- Duration Match: Portfolio duration appropriate for the stated strategy
- Manager Tenure: Portfolio manager with 10+ years in fixed income
- Default History: Zero or minimal credit events in last 5 years
Debt PMS Selection Checklist
What to look for before investing in a Debt PMS:
- Review the SEBI Disclosure Document (PMS DD) for all details
- Check average credit rating — prefer AA and above
- Confirm maximum single-issuer exposure is capped at 10–15%
- Understand fee structure: fixed fee vs. performance-linked
- Ensure investment tenor matches your liquidity needs