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About Prodigy

Founded in 2005, Prodigy Investment Management is a niche service provider in the investment management space, whose approach is unconventional and unique. Using our Reverse Research approach, we look for unique businesses that are driven by their internal strengths, secular economic trends and structural changes.

Prodigy was founded by Mr. Ravi Chadha (MD & CIO) and Mr. Sharad Nayak (CEO & Director - Research), who are both extremely experienced with combined knowledge of 40+ years in capital markets.

As of date, Prodigy provides services over 200 families with numerous second-generation clients. 

Prodigy Investment Management is the operational brand of MIV Investment Services Private Limited - SEBI licensed Portfolio Managers.

Risk Management Strategy

We believe that successful investing is all about managing risk. Having survived multiple market crashes, we understand that risk management and capital protection are the primary considerations when it comes to making an investment decision. Our survival through the years is down to our strict risk management process.

Risk is mitigated though position sizing, in which we take into account overall market health, valuation changes, scrip performance and crucially, scrip liquidity. We operate with stop losses (price-wise and time-wise), which are amongst the parameters that have been set in place in order to trigger selling. Beyond stop losses at an individual scrip level, we also operate on the basis of a corpus stop loss. With the multiple exit triggers in place, rigorous capital protection is built into our process.

We believe if you manage risk well, the reward will follow!

Prodigy Growth Strategy

Fine-tuned over the last 18 years, Prodigy Growth Strategy aims to deliver long term wealth creation by investing in stocks that we believe are under-researched and/or undervalued and appear to be primed to take advantage of emerging structural change or 'value migration'.

Prodigy Growth Strategy is sector as well as market cap agnostic. We constantly seek out businesses with sufficient liquidity and high quality leadership and management. At the core of our strategy, we look for early alignment with new market leadership, where strong re-rating triggers exist.

Reverse Research

Reverse Research is an unconventional process-driven approach, in which we use our proprietary indicators to define our coverage area for fundamental research. Our indicators are primed to recognise stocks and sectors with a secular change in intrinsic scrip strength, while suppressing 'market noise'. 

Once our process picks out various scrips and sectors, we do a deep dive to identify reasons for their strength, carrying out detailed fundamental analysis. Reverse Research has borrowed, in varying degrees, from the investment philosophies of Ed Seykota, Gerald Loeb, Nicholas Darvas and the CANSLIM process of William O'Neil as the foundation of this methodology. 

To know more about the Reverse Research process, you can read The Reverse Research Process of Investment Management by our MD & CIO, Ravi Chadha.

Strong Track Record

In line with SEBI guidelines, all the portfolio and benchmark returns are calculated using Time Weighted Rate of Return (TWRR) method for our Discretionary PMS which commenced from 1st March 2012.  Prior to this, we exclusively offered Advisory PMS since inception in October 2005.
Testimonials

I am amongst Prodigy's first clients, and there has been no looking back ever since I started investing with them. The best thing about Prodigy is that they willingly accept and learn from their mistakes. This has helped them continuously evolve their processes and outperform the market hands down.

Whole Time Director, Listed Synthetic Yarn Manufacturer, New Delhi, Client Since 2005

The team at Prodigy give us a quietly assured feeling about the management of our funds. The 15+ years of working with Prodigy have been stress free, thanks to their deft manoeuvring through all the ups and downs in the markets.

Leading Creative Personality and Film Producer, Mumbai, Client Since 2006

Longevity & Trust

Our client base has grown over the years largely through referrals from existing clients. We take pride in this and know that beyond outperformance, referrals come through trust, which has been built over 17+ years with a majority of our client base.
Testimonials

I have been with Prodigy since inception, through the ups and downs of the market. I can confidently say that Prodigy consists of an exceptional set of fund managers, one in which we have continually invested more money with through the years and found great confidence, security and trust.

Owner, Leading Jeweller, Mumbai, Client Since 2005

Our family have been clients since the very beginning of Prodigy. We have experienced wealth protection and financial growth with the finest analytical advice from Prodigy. As a result, we have never thought of any other providers of this support.

Retired Founder, Pharmaceuticals Firm, Mumbai, Client Since 2005

Payout

This idea of taking out profits came about after the Global Financial Crisis in 2008, and we believe it has held us and our clients in better stead ever since. Withdrawal of a portion of gains would also help clients meet their tax commitments in a timely manner. Since introducing the payout feature in 2012, we have (as on 30th June 2024) returned over 290% of the initial corpus.

We believe periodically distributing gains is in the spirit of our core belief, which is "Invest Well. Celebrate Life."
Testimonials

I have been with Prodigy since their inception and find that they have outperformed all my other famous named portfolio managers. The team at Prodigy is transparent and easily approachable, guiding me with utmost sincerity. Unlike other PMS operators, Prodigy periodically returns part of the profits. Overall, my experience with them has been excellent.

Owner, Fashion Garments Firm, Mumbai, Client Since 2005

I thank the team for handling my funds for the last decade, and they have done a good job. I very much appreciate the idea of distributing a small part of the surplus every quarter to be spent.

Practicing CA, Mumbai

Right Human Attribute

We believe the right human attributes have seen us through the toughest of times. Discipline and belief in our investment philosophy have been key to our success and survival.
Testimonials

Having been associated with Prodigy since inception, we can safely say this has been a wonderful experience when it comes to open channels of communication, creating value in wealth, always free and available with advice and information as needed and the utmost professionals when it comes to safeguarding your earnings through following best practices and adhering to strict policies. Prodigy has created a relationship with our family built around trust which is something they prioritise, always keeping our future in mind. Cannot recommend them highly enough as one's investment advisors and PMS.

Owner, MSME, Building Products, Mumbai, Client Since 2005

I have been with Prodigy since 2006 and I am delighted with the returns. The deep knowledge at  Prodigy's disposal has enabled them to multiply my wealth many times over the last 14 years. The team is one with high integrity and they believe in having transparency in all their dealings.

 Retired MD, Leading Indian Steel Producer, Mumbai, Client Since 2006

Administration

Prodigy has appointed Axis Bank Ltd. (a SEBI registered Custodian) as a custodian of your securities (funds and stocks). Paperwork is limited to initial account opening formalities. Post the account opening, the client gets 24x7 online access to the account. This access offers a holistic position of the clients holdings across various asset classes. The entire administration process becomes almost paper free. Audited statements are provided at the end of the financial year.

Testimonials

I have been with Prodigy since inception, through the ups and downs of the market. I can confidently say that Prodigy consists of an exceptional set of fund managers, one in which we have continually invested more money with through the years and found great confidence, security and trust.

Owner, Leading Jeweller, Mumbai, Client Since 2005

Prodigy's hallmark has been an uncompromising focus on managing risk, in a disciplined, ethical and transparent manner. My experience with them has been very fruitful and I have added substantially to my portfolio with them since the initial funding.

Retired Global Wealth Manager, USA, Client Since 2014

I am amongst Prodigy's first clients, and there has been no looking back ever since I started investing with them. The best thing about Prodigy is that they willingly accept and learn from their mistakes. This has helped them continuously evolve their processes and outperform the market hands down.

Whole Time Director, Listed Synthetic Yarn Manufacturer, New Delhi, Client Since 2005

Prodigy has been largely responsible for my financial prosperity, helping me to concentrate on enjoying my early retirement, free of financial stress. The professionalism, enthusiasm and spontaneity of Prodigy must be lauded. I feel they have delivered the highest level of integrity and promptness in customer service.

Retired Co-Founder, Leading Accounting Firm, Mumbai, Client Since 2005

I have been in the market for over 25 years, and have seen my fair share of ups and downs. In good times, most fund managers give positive returns, but it is in turbulent markets that one can see the difference. In the many market downturns over the years, I have seen Prodigy not only limit losses but also outperform my other PMS investments, which were from bigger and better known funds. I would wholeheartedly recommend Prodigy for those who believe in long term capital accumulation.

MD, Offshore Oil and Gas Services Firm, Mumbai, Client Since 2014

Having been with Prodigy for the last 10 years, I have seen that they have always believed in and stuck to their investment philosophy. This, I believe, is the real hallmark of a good fund manager.

Owner, Oil and Gas Services Ancillary, Mumbai, Client Since 2010

In my 10 years with Prodigy, their approach of Reverse Research has borne very good returns for me. The alacrity and flexibility with which Prodigy acted with during the market crisis in March 2020 due to Covid-19 speaks volumes about them - their risk management processes have held my portfolio in good stead.

Real Estate Developer, New Delhi, Client Since 2010

I have been with Prodigy since their inception and find that they have outperformed all my other famous named portfolio managers. The team at Prodigy is transparent and easily approachable, guiding me with utmost sincerity. Unlike other PMS operators, Prodigy periodically returns part of the profits. Overall, my experience with them has been excellent.

Owner, Fashion Garments Firm, Mumbai, Client Since 2005

I have been with Prodigy ever since their journey began in 2005. Over the years, the team has showcased their exemplary reliability and dependability through the various ups and downs of the market. I am delighted with the returns to date.

Founder, Leading Logistics Firm, Mumbai, Client Since 2005

Our family have been clients since the very beginning of Prodigy. We have experienced wealth protection and financial growth with the finest analytical advice from Prodigy. As a result, we have never thought of any other providers of this support.

Retired Founder, Pharmaceuticals Firm, Mumbai, Client Since 2005

The team at Prodigy give us a quietly assured feeling about the management of our funds. The 14+ years of working with Prodigy have been stress free, thanks to their deft manoeuvring through all the ups and downs in the markets.

Leading Creative Personality and Film Producer, Mumbai, Client Since 2006

I have been with Prodigy since 2006 and I am delighted with the returns. The deep knowledge at Prodigy's disposal has enabled them to multiply my wealth many times, over the last 14 years. The team is one with high integrity and they believe in transparency in all their dealings.

Retired MD, Leading Indian Steel Producer, Mumbai, Client Since 2006

Over the past 15 years Prodigy have ensured a service that is precise, prompt, and adaptive to our business needs. They are very accommodating and responsive, especially when our requirements deviate from the normal. Words that come to mind when I think of Prodigy and their enduring relationship with us are: Astute, Decisive & Agile. Over this period they adapted their investment strategy according to the changing times; and they truly do have the client at the heart of their service offering.

Director, Real Estate and Commodities Finance Firm, Mumbai, Client Since 2005

Prodigy has led our investments with visibility, flexibility and utmost diligence. Having been invested with Prodigy right from the start, I have been able to celebrate life!

Real Estate Developer, Hyderabad, Client Since 2005 

Having been associated with Prodigy since inception, we can safely say that this has been a wonderful experience when it comes to open channels of communication and creating value in wealth. Team Prodigy has always be approachable with information and advice whenever needed. By following rigorous discipline to strict policies and practices, the Team have been utmost professionals in safeguarding earnings. Prodigy has created a relationship with our family built around trust while always keeping our future in mind. I cannot recommend them highly enough as one's investment advisors and PMS.

Owner, MSME, Building Products, Mumbai, Client Since 2005

I thank the team for handling my funds for the last decade, and they have done a good job. I very much appreciate the idea of distributing a small part of the surplus every quarter to be spent.

Practicing CA, Mumbai

Why You Shouldn't Go With Us / why we may not the right for you

Our portfolio turnover is higher than the norm, this is due to our rigorous focus on risk management. While most other large fund houses have low turnover, ~0.2x, ours has been as high as ~2.25x. We may not be the right choice for those who prefer a buy and hold strategy. Our models and processes may/will not work in certain periods, and can/will lead to periods of underperformance. We do not levy any entry/exit loads, and there is no lock in either. However, in order for us to deliver returns like we have in the past, we expect clients to be invested with us for a minimum of 5 years.

Customer Friendly Account Administration

Prodigy has appointed Axis Bank Ltd. (a SEBI registered Custodian) as a custodian of your securities (funds and stocks). Paperwork is limited to initial account opening formalities. Post the account opening, the client gets a 24x7 online access to the account. The online access offers a holistic position of the clients holdings across various asset classes. The entire administration process becomes almost paper free. Audited statements are provided at the end of the financial year.

Why Prodigy May Not Be Right For You

Our investment style and process are significantly different from our peers and may not be suited to investors who are looking for a buy and hold strategy.

Our portfolio turnover is on the higher side given our extreme focus on risk management. While most other large fund houses have low turnover, ~0.2x, ours has been as high as ~2.25x.

There will be times when our processes may not work and during this period of time we may underperform. While we do not levy any entry / exit loads and we do not have any lock-in, we expect clients to be invested with us for a minimum of 5 years for the strategy to perform to its potential and ride out any patches as mentioned above.

Disclaimer

Information (including documents) on this website is not for public distribution. Any, transmission,
retransmission, circulation or other communication and any use thereof is strictly prohibited. Persons into whose possession information or documents from this website may come are required to
observe these restrictions. 

All information and documents are subject to changes without prior notice and may be, or may contain material that is, confidential, privileged and/or proprietary. Some of the information or documents or material therein may be subject to copyright or other intellectual property right of MIV
Investment Services Private Limited ("MIV") or any other person. 

MIV is not soliciting or recommending any act or omission based on this material.

No representation or warranty is made or held out by MIV or any other person in connection with
the correctness, completeness, authenticity or any other aspect of any information, documents or
material on this website.

Notwithstanding the above, should any person choose to rely on or use any of the information, documents or material, the user shall assume the entire risk of doing so. Neither MIV, nor any person
connected with it, accepts, or will have, any liability arising from the use of any information, documents or material from this website.

Past performance is not a guide for future performance.

Investment in general, and investment in equities in particular, involves substantial risk including
potential permanent loss of capital (in whole or in part) and hence may not be suitable for all investors. 

All persons directly or indirectly accessing this website and any information, document or material
on it shall be deemed to have notice of, and to have agreed and accepted, the above. 

				

What to expect at Prodigy
 Opportunities to grow personally and professionally
 Good work-life balance
 Pay above industry standards
 Freedom and flexibility to grow within the role
Positions Open

About the Job
At Prodigy, we are always striving towards value creation in the form of finding opportunities that will define the leaders of tomorrow. In this role, the analyst’s job will not only pertain to the quantitative aspect of finance but also with the qualitative skills of finding ideas from information that is not always visible in plain sight, this not only requires skills ranging from financial concepts and excel tools but most importantly the ability to grasp knowledge from articles, books, interviews and any other source that can help the analyst generate ideas by using this base of knowledge, hence we are looking for candidates who are more of investors in their own personal capacity rather than just being analysts while a blend of both will be the perfect scenario for both the parties.
Key requirements for this position: 
Financial and analytical skills in the form of reading and decoding financial statements. How to apply the basic financial concepts in different situations will be tested.
Should be an avid reader and be willing to be part of the knowledge-sharing ecosystem of the research team. Candidates who read books and articles of various genres as their hobbies will be looked at favourably.
The candidate should be an investor in his or her own personal capacity. This does not pertain to derivatives or short-term trading but only long-term investing irrespective of the strategy used.
There is no compulsion of a “Finance degree” to apply for this job and we will welcome applicants from various fields as long as the basic financial concepts and their own investing style is well defined.
Candidates working towards CFA/CA/FRM/MBA will be looked at favourably but it is not a core requirement for this job.
Candidates applying for this position need to send in their own work, which could be a book review, a company analysis or just their thoughts on a topic of their choice. Please note that your application will not be considered if any of these choices are not included.
Key Responsibilities of the analyst 
Analyse companies under coverage and scout for opportunities across various sectors in accordance with the fund's investment strategy.
Attend con-calls and prepare reports of companies under coverage.
Use the available information to formulate a view on companies under coverage and be on top of all the current events prevailing in the industry.
Participating in company analysis to help the team form a view on the merits or demerits of a potential investment.

Key Responsibilities
Client onboarding and co-ordination with clients for KYC (know your client) requirements and updation of the same.
Handling PMS back-office operations & Client Queries
Preparation of MIS & reports to Fund Managers
Candidate should be smart with good communication skills
Must have a good working knowledge of Microsoft Excel (minimum 2 years experience)
Experienced in bank, demat and client account openings
Qualification : Graduate or higher
Experience : Minimum 2 years in back office with a broker / portfolio manager

Key requirements for this position: 
Gathering information relating to companies within the portfolio.
Should be an avid reader and be willing to be part of the knowledge-sharing ecosystem of the research team.
Candidates who read new articles, reports and books of various genres as their hobbies will be looked at favourably.
The candidate should be an investor in his or her own personal capacity.
Willingness to adapt to the company's investing process and method.
There is no compulsion of a “Finance degree” to apply for this job and we will welcome applicants from various fields as long as the basic financial concepts and their own investing style is well defined.
Candidates working towards CFA/CA/FRM/MBA will be looked at favourably but it is not a core requirement for this internship.
About the Internship:
Experience requirement - 0-1 year of work experience.
Duration can vary between - 3 to 6 months
Salary will be determined by the company

How We Manage Risk

RISK MANAGEMENT STRATEGY

What We Do

ABOUT PRODIGY

Testimonials

Prodigy's hallmark has been an uncompromising focus on managing risk, in a disciplined, ethical and transparent manner. My experience with them has been very fruitful and I have added substantially to my portfolio with them since the initial funding.

Retired Global Wealth Manager, USA,

Client Since 2014

Prodigy has been largely responsible for my financial prosperity, helping me to concentrate on enjoying my early retirement, free of financial stress. The professionalism, enthusiasm and spontaneity of Prodigy must be lauded. I feel they have delivered the highest level of integrity and promptness in customer service.

Retired Co-Founder, Leading Accounting Firm, Mumbai,

Client Since 2005

Having been with Prodigy for the last 10 years, I have seen that they have always believed in and stuck to their investment philosophy. This, I believe, is the real hallmark of a good fund manager.

Owner, Oil and Gas Services Ancillary,

Mumbai, Client Since 2010

Prodigy has led our investments with visibility, flexibility and utmost diligence. Having been invested with Prodigy right from the start, I have been able to celebrate life!

Real Estate Developer, Hyderabad,

Client Since 2005

I thank the team for handling my funds for the last decade, and they have done a good job. I very much appreciate the idea of distributing a small part of the surplus every quarter to be spent.

Practicing CA

Mumbai

ALL TESTIMONIALS

WHY PRODIGY

Strong Track Record

Since inception, we have produced a 25.5% CAGR vs a 14.0% CAGR for the Nifty50 Total Return Index as of 31^st October 2024.

Longevity & Trust

Over 60% of the AUM belongs to families that have been with us for over 10 years.

Payout

We encourage clients to opt for a payout of profits (we have a policy to pay out approximately 25% of realised profits every quarter).

Right Human Attribute

Just as we seek out businesses built on values with ethical promoters, we hold ourselves to the same standards.

WHY PRODIGY MAY NOT BE RIGHT FOR YOU

CAREERS AT PRODIGY INVESTMENT MANAGEMENT
EXPLORE

We are accepting new clients only through existing client referrals.

About Prodigy

Risk Management Strategy

Prodigy Growth Strategy

Reverse Research

Strong Track Record

Testimonials

Longevity & Trust

Testimonials

Payout

Testimonials

Right Human Attribute

Testimonials

Our Team

Administration

Frequently Asked Questions

Testimonials

Why You Shouldn't Go With Us / why we may not the right for you

Customer Friendly Account Administration

Why Prodigy May Not Be Right For You

Disclaimer

Lodge Complaint

What to expect at Prodigy

Positions Open

Monthly Newsletters

Testimonials

WHY PRODIGY

Strong Track Record

Longevity & Trust

Payout

Right Human Attribute

WHY PRODIGY MAY NOT BE RIGHT FOR YOU

CAREERS AT PRODIGY INVESTMENT MANAGEMENT
EXPLORE

We are accepting new clients only through existing client referrals.

Monthly Newsletters

Testimonials

WHY PRODIGY

Strong Track Record

Longevity & Trust

Payout

Right Human Attribute

WHY PRODIGY MAY NOT BE RIGHT FOR YOU

CAREERS AT PRODIGY INVESTMENT MANAGEMENT EXPLORE

We are accepting new clients only through existing client referrals.

CAREERS AT PRODIGY INVESTMENT MANAGEMENT
EXPLORE