Capital

More documents

Recommendations

Info

ArthVeda Capital Fact Sheet ArthVeda AlphaPlus Extreme 25 Capital Strategy Snapshot • ArthVeda AlphaPlus Extreme 25 is a value investing oriented strategy created by ArthVeda Fund Management Private Limited. • Value oriented equity investment strategy that aims to capture 25 most undervalued picks from the entire Indian stock universe (all stocks with revenues more than INR 1,000 Cr. in 2015, inflation adjusted historically) in India with no capitalization or sectoral restrictions. • Highly selective strategy that captures best ‘investment grade equity’ opportunities where the business and financial risks have been significantly mitigated and the return potential is significantly enhanced. Index inception 1/3/2003 # of holdings 25 Investments All Cap Equity Benchmark CNX500 Region India Use of income Reinvesting 4000.0 3500.0 3000.0 2500.0 2000.0 Cumulative Performance Extreme25 INR CNX500 INR Extreme25 USD CNX500 USD ₹ 3,551 $2,664 1500.0 1000.0 ₹ 918 $689 500.0 Graph as of 31-Jul-15 0.0 Jan 03 Jan 04 Jan 05 Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jan 13 Jan 14 Jan 15 INR USD Performance as of 31-July-15* Last 1Mth Last 1Yr Last 3Yr Last 5Yr Last 10Yr Since Inception@ Last 1Mth Last 1Yr Last 3Yr Last 5Yr Last 10Yr Since Inception@ Extreme25 Strategy 9.4% 22.1% 28.0% 17.9% 28.0% 32.8% 8.9% 14.9% 22.3% 10.6% 23.1% 29.8% CNX500 3.0% 14.7% 19.9% 9.7% 13.4% 19.3% 2.6% 8.0% 14.5% 2.9% 9.1% 16.6% Excess Return over CNX500 6.3% 7.3% 8.1% 8.2% 14.6% 13.5% 6.3% 6.9% 7.7% 7.7% 14.1% 13.2% Key Valuation Metrics CNX500 Extreme 25 P/E 24.4 12.6 P/BV 2.6 2.6 EV/EBITDA 11.2 7.0 EV/EBIT 14.6 9.2 P/Sales 1.5 1.9 Div. Yield 1.4% 2.8% Key Fundamentals CNX500 Extreme 25 ROE 16.0% 23.2% ROCE 15.7% 27.5% Sales to Asset 0.3 0.4 Gross Debt to Equity 0.6 0.0 Net Debt to Equity 0.4 -0.6 Interest Coverage 10.7 294.8 INR USD Risk & Return Characteristics CNX500 Extreme 25 CNX500 Extreme 25 Annualized Return (inception) 19.3% 32.8% 16.6% 29.8% Beta^ 1.00 0.75 1.00 0.79 Alpha - 16.6% - 15.9% Std. Dev. 23.1% 20.2% 26.1% 23.1% Sharpe Ratio # 0.53 1.28 0.51 1.14 Worst 1Mth Return -37.5% -34.5% -42.6% -35.8% Best 1Mth Return 37.3% 54.0% 47.2% 65.2% Technology 28% Sector Exposure Utilities Basic 8% Materials 12% Consumer Goods 20% Top 3 Holdings COAL INDIA POWER FINANCE POWER FINANCE Part of the Supreme series of strategies ArthVeda Portfolio Management Services Registration No. PM/ INP 000003567 Industrials 4% Financials 20% Consumer Services 8% * Performance numbers for less than 1 yr. not annualized. @ Strategy Inception date is 3rd Jan 2003. ^ Beta is a measure of volatility that compares how an index moves relative to benchmark. A beta of 1.0 implies the index has moved proportionally with the benchmark. A beta less than 1.0 implies less movement; greater than 1.0 implies more. $Sharpe Ratio is a measure calculated to determine reward per unit of risk, using standard deviation and excess returns in an index. A higher Sharpe Ratio indicates a higher risk-adjusted return. Returns and data represented are of model portfolios. These returns are based on historical evaluation of model portfolios. Above portfolio performances are pre any expenses. Individual returns of Clients for a particular portfolio may vary significantly from the performance of the other portfolios. No claims may be made or entertained for any variances between the performance depictions and individual portfolio performance. Neither the Portfolio Manager nor its Directors or Employees shall be in any way liable for any variations noticed in the returns of individual portfolios. Investments in equity markets are subjected to market risk and there is no guarantee that the investment objective of the strategy will be achieved. Past historical equity market returns are not a guarantee of and may not reflect future performance. Actual results may differ materially from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and political conditions in India as well as other countries globally. Investing in equities is inherently risky and an investor stands the risk of 100% capital loss. Should this fall outside the risk capacity of the investor, this document automatically does not cater to the investor’s investment requirements and profile. It is mandatory to go through Disclaimer section. 16
ArthVeda Capital Fact Sheet ArthVeda Smart Allocator Capital Strategy Snapshot • ArthVeda Smart Allocator is a hybrid value investing oriented strategy created by ArthVeda Fund Management Private Limited. • Seeks to achieve stable long term capital growth by investing in a diversified portfolio of Equity and Debt instruments. ArthVeda Smart Allocator Fund helps one achieve equity like returns while maintaining fixed deposit (holding periods more than a year) like safety. • 35% equity (Ultra Large Cap bias), 65% fixed income securities. Index inception 1/3/2003 Holdings 35% Equity; 65% Fixed Income Investments All Cap Equity; Fixed Income instruments Benchmark NSE G-Sec Index (8+ years maturity)^ Region India Use of income Reinvesting Cumulative Performance 800.0 700.0 600.0 500.0 Smart Allocator INR NSE G-Sec INR Smart Allocator USD NSE G-Sec USD ₹ 691 $518 400.0 300.0 200.0 ₹ 170 100.0 Graph as of 31-Jul-15 $128 0.0 Jan 03 Jan 04 Jan 05 Jan 06 Jan 07 Jan 08 Jan 09 Jan 10 Jan 11 Jan 12 Jan 13 Jan 14 Jan 15 INR USD Performance as of 31-July-15* Last 1Mth Last 1Yr Last 3Yr Last 5Yr Last 10Yr Since Inception@ Last 1Mth Last 1Yr Last 3Yr Last 5Yr Last 10Yr Since Inception@ Smart Allocator Strategy 2.6% 14.3% 14.3% 10.8% 15.1% 16.6% 2.2% 7.6% 9.2% 3.9% 10.7% 14.0% NSE G-Sec Index 0.2% 9.6% 6.7% 5.9% 4.9% 4.3% -0.2% 3.2% 1.9% -0.7% 1.0% 2.0% Excess Return over NSE G-Sec Index 2.4% 4.7% 7.6% 4.8% 10.1% 12.3% 2.4% 4.4% 7.2% 4.5% 9.8% 12.0% Key Valuation Metrics ~ Smart Allocator P/E 14.6 P/BV 2.4 EV/EBITDA 7.3 EV/EBIT 9.2 P/Sales 1.8 Div. Yield 2.4% Key Fundamentals ~ Smart Allocator ROE 17.8% ROCE 25.7% Sales to Asset 0.6 Gross Debt to Equity 0.2 Net Debt to Equity -0.3 Interest Coverage 131.5 ArthVeda Portfolio Management Services Registration No. PM/ INP 000003567 ^Long Term G-Sec Index till 30-Jun-15, post which ML 7-10 year India Government Bond Index Risk & Return Characteristics NSE G-Sec Index INR Smart Allocator NSE G-Sec Index USD Smart Allocator Annualized Return (inception) 4.3% 16.6% 2.0% 14.0% Beta^ 1.00 0.06 1.00 0.21 Alpha - 12.3% - 12.0% Std. Dev. 20.1% 8.5% 13.0% 16.8% Sharpe Ratio # 0.00 1.45 0.00 0.72 Worst 1Mth Return -17.4% -12.8% -20.8% -17.3% Best 1Mth Return 17.0% 18.2% 20.2% 26.8% Telecommunica tions 2% Sector Exposure ~ Technology 16% Oil & Gas 12% Industrials 20% Basic Materials 8% Consumer Goods 8% Consumer Services 22% Financials 8% Healthcare 4% Top 5 Holdings ~ GOODYEAR INDIA COALINDIA HEROMOTOCO SONATA SOFTWARE POWER FINANCE ~For equity allocation only * Performance numbers for less than 1 yr. not annualized. @ Strategy Inception date is 3rd Jan 2003. ^ Beta is a measure of volatility that compares how an index moves relative to benchmark. A beta of 1.0 implies the index has moved proportionally with the benchmark. A beta less than 1.0 implies less movement; greater than 1.0 implies more. $Sharpe Ratio is a measure calculated to determine reward per unit of risk, using standard deviation and excess returns in an index. A higher Sharpe Ratio indicates a higher risk-adjusted return. Returns and data represented are of model portfolios. These returns are based on historical evaluation of model portfolios. Above portfolio performances are pre any expenses. Individual returns of Clients for a particular portfolio may vary significantly from the performance of the other portfolios. No claims may be made or entertained for any variances between the performance depictions and individual portfolio performance. Neither the Portfolio Manager nor its Directors or Employees shall be in any way liable for any variations noticed in the returns of individual portfolios. Investments in equity markets are subjected to market risk and there is no guarantee that the investment objective of the strategy will be achieved. Past historical equity market returns are not a guarantee of and may not reflect future performance. Actual results may differ materially from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations with respect to, but not limited to, exposure to market risks, general economic and political conditions in India as well as other countries globally. Investing in equities is inherently risky and an investor stands the risk of 100% capital loss. Should this fall outside the risk capacity of the investor, this document automatically does not cater to the investor’s investment requirements and profile. It is mandatory to go through Disclaimer section. 17
Page 1 and 2: Capital Harvesting Outperformance v
Page 3 and 4: ArthVeda Capital Fact Sheet Market
Page 5 and 6: Developed Markets Strategies ArthVe
Page 7 and 8: ArthVeda Capital Fact Sheet ArthVed
Page 15 and 16: India Strategies ArthVeda Alpha Ind
Page 17: ArthVeda Capital Fact Sheet ArthVed
Page 23 and 24: ArthVeda Capital Fact Sheet Capital

Capital

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?