NJ Equity PMS NJ Equity PMS Multi Cap Portfolio Dynamic Stock - PowerPoint PPT Presentation

NJ Equity PMS NJ Equity PMS Multi Cap Portfolio Dynamic Stock Allocation Portfolio April 30th, 2016 PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S

DETAILS OF NJPMS ADVISOR NJPMS ADVISOR PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S

ARTHVEDA FUND MANAGEMENT (AVFM) ARTHVEDA FUND MANAGEMENT (AVFM) Fund Management Arm of DHFL Group Fund Management Arm of DHFL Group (NSE: DHFL, Rating: AAA by CARE) (NSE: DHFL, Rating: AAA by CARE) DHFL Group: Leading Financial Services Group with AUM of > $14 bn Housing Finance: DHFL (3rd largest housing finance company in India ), Aadhar (JV with IFC Washington, World Bank Subsidiary ), First Blue Home Finance (Formerly Deutsche Bank Post Home Finance) Mutual Fund: DHFL Pramerica Mutual Fund – JV between DHFL and Prudential Financial (NYSE: PRU). DPMF has acquired Deutsche Asset Management (India) in 2015. Life Insurance: DHFL Pramerica Life Insurance – JV between DHFL and Traded Markets Prudential Financial (NYSE: PRU) (ArthVeda Capital) Asset Management: ArthVeda Fund Management (AVFM) Other Financial Services: Educational loans through Avanse Real Estate Financial Services PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S

ARTHVEDA CAPITAL ARTHVEDA CAPITAL ArthVeda Capital, a global asset manager specializes in creating structured value investing strategies designed to generate high return with low risks for Ultra HNIs , Pension Funds and Family Offices Value investing: followed by renowned investors like Warren Buffett , Peter  Lynch , Ben Graham , John Templeton who have consistently multiplied capital Value by investing at a discount to intrinsic value Investing It has also been rigorously evaluated to generate excess returns by Nobel prize  winners and academicians like Eugene Fama, Robert Shiller, French and others The team at ArthVeda Capital through intense research and rigorous evaluation Smart has distilled over the years, various value investing principles into a structured Aleph TM proprietary value i nvestment strategy that broadly falls under the Smart Beta umbrella but consistently beats market and generates superior returns Best In Strategy model audited by Ernst & Young and Deloitte. Daily NAV’s live on Class Reuters for public tracking. Strategies deliver returns that beat indices, active funds Offering and Smart Beta variants. PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S

INVESTMENT MANAGEMENT & RESEARCH TEAM INVESTMENT MANAGEMENT & RESEARCH TEAM Dr. Vikas V. Gupta: Executive Vice President & Chief Investment Officer • Vikas is the inventor and architect of the Smart Aleph concept. He espouses a value-oriented investment philosophy, in the mold of Graham-Buffett. • He has 20+ years of experience in research, strategy and operations in various CxO-level roles. • He formerly served as Professor and research faculty at IIT Kharagpur and University of California, Irvine. He has a B.Tech from IIT Bombay and earned his Masters and Doctorate from Columbia University, New York. Ashwini Shami: Vice President & Senior Portfolio Manager • Ashwini is managing portfolios, devising asset allocation and investment strategies. • He brings in more than a decade of experience in the financial services industry. Before ArthVeda, he was working with Goldman Sachs as equity research analyst. His expertise lies in developing investment strategies to harvest returns by focusing on intrinsic business value. • He has a B.Tech and M.Tech from IIT Bombay and earned his MBA from IIM Lucknow and Toulouse Business School, France. Varun Sood: Vice President & Portfolio Manager • Varun is devising and rigorously analyzing and evaluating structured value-investing strategies. • He brings in nearly a decade of quantitative experience and a scientific approach to the value-chain of investment strategy design, development and management. Previously, he has worked at ING and Masan group . • He has a B.Tech from IIT Roorkee and earned his MBA from IIM Bangalore and EDHEC School of Business, France. PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S

INVESTMENT MANAGEMENT & RESEARCH TEAM INVESTMENT MANAGEMENT & RESEARCH TEAM Kshitij Gupta, CFA: Vice President & Portfolio Manager • Kshitij has many years of experience in financial service industry, including JP Morgan. • He has a rich experience of performing equity research on stocks in emerging market • Kshitij has a B.Tech & M.Tech from IIT Kharagpur and is a CFA charter holder Viraj Vajratkar: Assistant Vice President & Investment Manager • Viraj is developing investment products and evaluating investment strategies. • He brings in several years of experience in conducting fundamental investment research and maintenance of portfolio models. Prior to ArthVeda, Viraj was working with J.P. Morgan as equity research analyst. • He has a B.Tech and M.Tech from IIT Bombay and earned his MBA from ISB Hyderabad. Vishap Rana: Assistant Vice President & Investment Manager • Vishap is analyzing investment strategies and assisting in product development. • He brings in several years of experience in investment banking and value-oriented investment research. Earlier, he was working with European hedge fund, Shannonside Capital. • He has a B.Tech from IIT Roorkee and earned his MBA from XLRI Jamshedpur. PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S

PRESENTING NJPMS MULTI CAP PORTFOLIO NJPMS MULTI CAP PORTFOLIO Adviced by PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S

STRATEGY SNAPSHOT STRATEGY SNAPSHOT A strategy that seeks to achieve long term capital A strategy that seeks to achieve long term capital growth by investing in a select portfolio of best 25 growth by investing in a select portfolio of best 25 stocks from across the Indian equity market stocks from across the Indian equity market INDIAN EQUITY MARKET INDIAN EQUITY MARKET ULTRA ULTRA LARGE MID SMALL LARGE MID SMALL LARGE LARGE CAP CAP CAP CAP CAP CAP STRATEGY STRATEGY CAP CAP UNIVERSE UNIVERSE UNIVERSE UNIVERSE UNIVERSE UNIVERSE UNIVERSE UNIVERSE BEST 25 INVESTMENT OPPORTUNITIES BEST 25 INVESTMENT OPPORTUNITIES Note: The current fund philosophy may change in future depending on market conditions or fund manager’s views. PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S

VALUE-ORIENTED SMART ALEPH TM FRAMEWORK VALUE-ORIENTED SMART ALEPH TM FRAMEWORK Smart Aleph: A patent pending sophisticated “discount to intrinsic value” (D2IV) investment framework Value Investing Value Investing Rules-based Rules-based Philosophy Philosophy Framework Framework  Structured Value Investing  Preservation of Capital ArthVeda ArthVeda  Based on published  Margin of Safety Smart Smart fundamentals  Discount to Intrinsic  Rigorous analysis & Aleph TM TM Aleph Value evaluation Originality Originality Character Patience Value Characteristics PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S

STRATEGY CONSTRUCT STRATEGY CONSTRUCT Stable Businesses Strong Balance Sheets Value Creators PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S

MULTI CAP PORTFOLIO MULTI CAP PORTFOLIO Strategy NJ Multi Cap Portfolio Long term capital appreciation with focus on Objective return and safety Benchmark Nifty 500 Universe Indian Equity Market # of Stocks in 25 stocks Portfolio 25 stocks available at highest discounts to Selection criteria intrinsic value Portfolio Equi-weighted, 4% allocation to each stock at Allocation portfolio creation and rebalancing Portfolio Review Annually rebalanced PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S

MODEL HOLDING MODEL HOLDING SECTOR ALLOCATION sub-title 8% Auto 4% Auto Ancillaries 32% 8% Banks Construction Project 4% Consumer Non Durables Finance Industrial Capital Goods 4% Minerals/Mining Non - Ferrous Metals 8% Oil 4% Software 4% 8% 16% Source: ArthVeda Research; Internal Please Note: These allocations are a part of the model Multi Cap Portfolio as on April 30 th , 2016. These sectors may or may not be bought for new clients. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. The sectors mentioned above are only for the purpose of explaining the concept and should not be construed as recommendations. PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S

PERFORMANCE PERFORMANCE NJ Multi Cap Strategy is a mirror image of Arthveda Alpha Plus Extreme25 Multi Cap Portfolio Nifty 500 30 27.94 26.72 24.64 25 19.24 20 17.43 15.14 % Returns 15 13.08 12.38 9.41 10 7.95 7.38 5 0 1 year 3 years 5 years 10 years 12 years Since Inception -2.39 -5 Strategy Inception date: Jan 3rd, 2003 Source: ArthVeda Research; Internal Disclaimer: The Above strategy returns are of Model Client as on April 30th, 2016. Returns of individual clients may differ depending on time of entry in the strategy. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Strategy returns are shown above are post management fees. Transactions costs, service tax and other expenses have not been considered. Returns above 1 year are annualized. Returns have been calculated using back-tested data. Strategy returns comprises of price movements and reinvestment of dividends. PO R TFO LIO M A N A G E M E N T Rest Assured S E R VIC E S