December 13, 2019
These IIM-Lucknow Students Are Also Managing Their Classmates’ Money
At the Indian Institute of Management, Lucknow eight students each year have more to do than their peers: managing an investment fund. Called Credence Capital, the club that runs the fund is in its 15th year of its existence, and manages what students invest.
7 September, 2018
A Finance Club For Investments At IIM Lucknow
Do you still wonder where to put your hard earned money to work up your savings game, like most of us? Then you need to know about this IIM Lucknow finance club Credence Capital. Listen to Devisa Todi and Shubham Jain talking about how they manage their finances better.
February 23, 2015
IIM-L students' Fund outperforms Nifty
Credence Capital, a fund managed by the students of the Indian Institute of Management, Lucknow (IIM-L), has outperformed Nifty by achieving 175 per cent returns in 16 months.
The Nifty rose 50 per cent in the corresponding period of 2013-15.
Credence Capital had consistently beaten the markets since its inception in 2005. It clocked the highest absolute returns this time.
February 23, 2013
Managing Funds at IIML keeps students ahead of the curve
TIf select schemes of top international fund houses and banks in India such as Goldman Sachs, Fidelity Investments, JP Morgan Chase, American Express and Standard Chartered Bank are reporting jaw-dropping, benchmark defying returns, don’t be surprised.
February 21, 2013
Credence Capital, outperforms the NIFTY
IIM Lucknow's student run fund, Credence Capital, continued its legacy of outperforming the market as it generated a handsome return of 20.10% on its Equities Fund compared to the NIFTY's 18.6% rise. Even more impressive was the performance of the Derivatives fund, which generated 29.8% returns over this period.
March 15, 2011
Young IIM graduates' fund gives record fat returns
At a time when many seasoned mutual fund (MF) managers are failing to give returns matching that of their fund's benchmark, students of the youngest Indian Institutes of Management (IIM) in the country - IIM-Lucknow - have given alpha (market beating) returns.