July 2018
PMS Navigator
Phrase “The crude reality” aptly set the context for the first quarter of FY19. Spike in crude prices has got investors’
attention and concerns arising from the same seems to be reflected in the market. Also, the fact is this year is packed
with state elections before culminating in the 2019 central elections, volatility is poised to resurface. Thus it is important
for investors to align expectations and accept volatility as a companion.
In line with the global economy, India’s economy continues to remain robust. The same evident various high frequency
data points. The country’s latest GDP number is testament to this. We believe that pick up in corporate profitability is the
next immediate progression of this increased economic activity. All this while earnings have been mirage, this time it is
finally started reflecting in the reality. There is confidence to be gained in the widespread nature of the same. Instead of
few sectors pulling the weight, we have witnessed a recovery across the spectrum. However, the banking sector seems
to be the only in blackspot in an otherwise positive earnings canvas. However, one need to aware that the sharp fall in
earnings in the banking space is on account of higher provisions.
Growth prospects for the Indian Economy continue to look bright. This is evident from the various high frequency data
points. Increased economic activity will eventually get reflected in corporate profitability. The building blocks of a
domestic economic recovery seem to be falling in place. This appears to be led by both structural and cyclical factors.
Our newly launched strategy “Renaissance India Next AIF” aims to capture growth through companies and sector which
have been head winded in the past but will see good uptick in the coming years. We continue to advise a staggered
approach to investing in equities with a view to commit more during any sharp correction.
In the fixed income space, we continue to recommend low maturity high accrual portfolios as they are provide strong
visibility of returns.
FY19 : Beginning of Economic Recovery & Capacity Utilization
Benefits of Investing through PMS platform
Fund manager & managed PMS Strategies
Performance update of PMS offerings
Portfolio Analysis & Fees Structure
Benefits of Investing through PMS platform
o Value proposition for Investors
o PMS Strategies revolve around
Value proposition for Investors
Professional Management services
Consistent Alpha on benchmark
Managed Risk + Liquidity
Focused Strategies
(build around 15 to 25 stocks)
Consistent to Investment Style
Low Portfolio Churn
High engagement & transparency
Customization of fees
(Fixed Fees model or Profit sharing model)
Po
rtf
oli
o M
an
ag
em
en
t S
er
vic
es
Suitable for HNIs,
corporates, NRIs (except
USA & Canada).
Long term investment
Horizon 3 to 5 years.
Investment done
through cheque or
stock transfer.
PMS Strategies revolve around….
Four key investment attributes:- Size of the opportunity | Earnings Growth | Value | Quality of Business.
QGLP – The investment philosophy has been framed out of 20 years of annual wealth creation studies authored by our co–
founder, Raamdeo Agrawal.
Earnings Growth
Longevity
Valuation Quality of Management
Margin of Safety
Size of opportunity
Solid Business Model
Own Skin in the Game
Fund manager & managed PMS Strategies
o Fund Manager & managed PMS strategy.
o Our bouquet of PMS offerings
Fund Manager & managed PMS strategy
ASK Investment Managers - India Entrepreneur Portfolio.
MOAMC PMS:- We have offering of MOAMC’s 3 portfolios Value Strategy | India Opportunity Portfolio | Next Trillion Dollar
Opportunity Strategy
Raamdeo Agrawal Co-Founder & Joint MD,
MOFSL
Manish SonthaliaHead Equity PMS & AIF,
MOAMC (Fund Manager)
Kunal JadhwaniCo-Fund Manager, MOAMC
Bharat ShahExecutive Director,
ASK Group
Prateek AgarwalBusiness Head & CIO,
ASK Investment Managers
Sumeet JainPortfolio Manager,
ASK Investment Managers
Shrey LoonkerFund Manager, MOAMC
Taher BadshahCIO-Equities,
INVESCO India
INVESCO India Investment Managers – D.A.W.N
Amit GanatraSenior Fund Manager,
INVESCO India
Data as on 30th June 2018 | MOSL is authorized distributor of above mentioned PMSes
Our bouquet of PMS offerings
Data as on 30th June 2018
VALUE IOPV2 IOP NTDOP BOP IEP D.A.W.N
AMCMotilal Oswal
AMCMotilal Oswal
AMCMotilal Oswal
AMCMotilal Oswal
AMCMotilal Oswal
AMCASK Investment
ManagersInvesco Asset Management
Fund Manager Shrey LoonkerManish
SonthaliaManish
Sonthalia
Manish Sonthalia
Kunal Jadwani
Manish Sonthalia
Kunal Jadwani
Prateek AgarwalSumeet Jain
Taher BadshahAmit Ganatra
AUM (Cr.) Approx. 2,590 500 3,788 8,022 101 6,326 417
Earning Growth Style
Superior Business Model
Quality of Management
Company's Promoter Stake
Valuation
Focused Portfolio
No. of Stocks 20 20 24 24 22 20 24
Market Cap StyleLarge Cap Mid & Small Cap Mid & Small Cap Multi Cap Multi Cap Multi Cap Multi Cap
(56 L : 44 M&S) (49 L : 51 M&S) (72 L: 27 M&S) (63 L : 32 M&S)
Investment Style Medium High High Medium Medium to High Medium High
MOSL PMS product bouquet
A comprehensive basket of PMS offerings
• Large Cap Portfolio
• strategy has 20 stocks in portfolio.
• Buy Right & Sit Tight approachValue Strategy
• Mid & Small Cap Portfolio
• Buy Right & Sit Tight approach
• The portfolio consist of 20 stocksIndia Opportunity Portfolio – V2
• Multi Cap Portfolio
• The portfolio consist of 24 stocks.
• Buy Right & Sit Tight approach
Next Trillion Dollar Opportunity Strategy
• Mid & Small Cap Portfolio
• Focus Theme for Next Five year
• The portfolio consist of 24 stocksIndia Opportunity Portfolio
•Multi Cap Portfolio
•Buy Right & Sit Tight
•The portfolio consists of 22 stocksBusiness Opportunity Portfolio
• Multi Cap Portfolio
• The Portfolio consist of 24 stocks
• Demand recovery across cycle & Attractive ValuationInvesco DAWN PMS
• Multi Cap Portfolio
• The portfolio consist of 20 stocks.
• Strategy built primarily on entrepreneur concept.India Entrepreneur Portfolio
Data as on 30th June 2018 | MOSL is authorized distributor of above mentioned PMSes
Portfolio Management Services
o Motilal Oswal Business Opportunities Portfolio
o MOAMC IOP V2
o MOAMC Value PMS
o MOAMC NTDOP PMS
o MOAMC IOP
o ASK IEP
o Invesco DAWN PMS
Value Strategy
• Buy Right & Sit Tight approach to stock investing
• Value PMS has delivered 23.63% annualized returns since
inception versus 16.71% of Nifty 50; INR 1 Cr. invested in Value
PMS in March 2003 is worth INR 25.55 Cr versus INR 10.60 Cr. in
Nifty 50.
• Focused portfolio approach, currently strategy has 20 stocks in its
portfolio.
Performance(%ge) Value of 1 cr. Invested
PeriodValue
StrategyNifty 50
ValueStrategy
Nifty 50
1 Month -2.84 -0.20 0.97 1.00
3 Months 1.73 5.94 1.02 1.06
6 Months -2.38 1.74 0.98 1.02
1 Year 7.45 12.53 1.07 1.13
2 Years 10.93 13.70 1.23 1.29
3 Years 7.08 8.59 1.23 1.28
4 Years 12.90 8.92 1.62 1.41
5 Years 17.37 12.90 2.23 1.83
Since Inception 23.63 16.71 25.55 10.60
Inception Date Benchmark Fund Manager
25-Mar-03 Nifty 50 Index Mr. Shrey Loonker
Portfolio (Top 10 Stocks)
Scrip Name (%) of Market value
HDFC Bank Ltd. 11.58
Kotak Mahindra Bank Ltd. 10.17
AU Small Finance Bank Ltd. 6.66
Bharat Petroleum Corporation Ltd. 6.44
Eicher Motors Ltd. 6.32
Bajaj Finserv Ltd. 6.25
Sun Pharmaceuticals Ltd. 5.66
Bharat Forge Ltd. 5.49
Larsen & Toubro Ltd. 5.43
HDFC Ltd. 4.82
Top 5 sectors
Sector Name (%) of Market value
Banking & Finance 49.10
Auto & Auto Ancillaries 22.70
Oil and Gas 9.45
Pharmaceuticals 6.70
Engineering and Electricals 5.43
Source: MOAMC | Data as on 30th June 2018
Next Trillion Dollar Opportunity Strategy (NTDOP)
• The strategy aims to deliver superior returns by investing in
focused themes which are part of the next trillion dollar GDP
growth opportunity. It aims to predominantly invest in Multi Cap
stocks with a focus on identifying emerging stocks/ sectors.
• Have successfully completed 10 years.
• The portfolio consist of 24 stocks.
• In last 5 years, NTDOP PMS has delivered positive return of 28.87%
versus 15.23% of Nifty 500.
Performance(%ge) Value of 1 cr. Invested
Period NTDOP NIFTY 500 NTDOP NIFTY 500
1 Month -2.12 -1.64 0.98 0.98
3 Months 3.98 2.81 1.04 1.03
6 Months -5.68 -3.46 0.94 0.97
1 Year 9.11 9.97 1.09 1.10
2 Years 19.08 14.57 1.42 1.31
3 Years 13.52 9.93 1.46 1.33
4 Years 25.39 10.37 2.47 1.48
5 Years 28.87 15.23 3.55 2.03
Since Inception 17.96 5.73 5.74 1.80
Inception Date Benchmark Fund Manager
5-Dec-07 NIFTY 500 IndexMr. Manish SonthaliaMr. Kunal Jadhwani
Portfolio (Top 10 Stocks)
Scrip Name (%) of Market value
Kotak Mahindra Bank Ltd. 13.90
Bajaj Finance Ltd. 10.54
Page Industries Ltd. 10.19
Voltas td. 8.20
Eicher Motors Ltd. 6.28
City Union Bank Ltd. 4.70
Godrej Industries Ltd. 4.31
Bosch Ltd. 3.85
Max Financials Services Ltd. 3.75
L&T Technology Services Ltd. 3.36
Top 5 sectors
Sector Name (%) of Market value
Banking & Finance 35.78
FMCG 18.01
Auto & Auto Ancillaries 13.48
Diversified 12.51
Oil and Gas 4.91
Source: MOAMC | Data as on 30th June 2018
India Opportunity Portfolio (IOP)
• The Strategy aims to generate long term capital appreciation by
creating a focused portfolio of high growth stocks having the
potential to grow more than the nominal GDP for next 5-7 years
• The Strategy at present has a concentration in 24 stocks.
• Focus Theme for Next Five year: REVIVAL IN CAPEX CYCLE | MAKE
IN INDIA | THIRD TRILLION DOLLAR OPPORTUNITIES
• In last 4 years, IOP PMS has delivered positive return of 18.10%
versus 7.43% of Nifty Midcap100.
Performance(%ge) Value of 1 cr. Invested
Period IOPNIFTY Small
Cap100IOP
NIFTY Small
Cap100
1 Month -7.24 -8.33 0.93 0.92
3 Months -6.46 -7.88 0.94 0.92
6 Months -22.15 -21.07 0.78 0.79
1 Year -13.62 -1.82 0.86 0.98
2 Years 19.06 11.12 1.42 1.23
3 Years 11.32 10.47 1.38 1.35
4 Years 18.10 7.43 1.95 1.33
5 Years 19.58 19.82 2.45 2.47
Since Inception 14.43 9.06 3.09 2.07
Inception Date Benchmark Fund Manager
15-Feb-10Nifty Smallcap 100
IndexMr. Manish Sonthalia
Portfolio (Top 10 Stocks)
Scrip Name (%) of Market value
Development Credit Bank Ltd. 9.59
AU Small Finance Bank Ltd 8.06
Birla Corporation Ltd.. 7.83
Aegis Logistics 6.64
Quess Corp Ltd. 6.50
Gabriel India Ltd. 5.75
TTK Prestige 5.03
Mahanagar Gas Ltd. 4.97
Alkem Laboratories. 4.93
Canfin Homes 4.45
Top 5 sectors
Sector Name (%) of Market value
Banking & Finance 29.22
Pharmaceuticals 13.11
Oil and Gas 11.61
Cement & Infrastructure 10.60
Consumer Durables 9.30Source: MOAMC | Data as on 30th June 2018
India Opportunity Portfolio V2 (IOP V2)
Inception Date Benchmark Fund Manager
5-Feb-18Nifty Smallcap 100
IndexMr. Manish Sonthalia
Portfolio (Top 10 Stocks)
Scrip Name (%) of Market value
Heg Ltd 8.52
Cholamandalam Investment And Finance Company Ltd.
8.28
Gruh Finance Ltd. 7.50
Godrej Agrovet Ltd 7.41
Ipca Lab Ltd. 6.23
Bajaj Electricals Ltd 6.17
Coffee Day Enterprises Ltd. 6.08
Sundaram Fasteners Ltd. 5.11
Century Plyboards (India) Ltd 4.87
Sobha Ltd. 4.85
Top 5 sectors
Sector Name (%) of Market value
Banking & Finance 24.57
Electricals & Electronics 17.88
Agriculture 12.23
Pharmaceuticals 7.67
Restaurants 6.08
• The Strategy aims to deliver superior returns by investing in stocks
from sectors that can benefit from India's emerging businesses.
• It aims to predominantly invest in Small and Midcap stocks with a
focus on identifying potential winners.
• Focus on Sectors and Companies which promise a higher than
average growth by focusing on four basic themes.
• The Strategy at present has a concentration in 20 stocks.
• Concentration on emerging Themes.
• Investments with Long term perspective.
• Four basic themes- affordable housing, market share gain by
NBFCs & Private Sector banks from PSU banks, growth in rural
economy, shift from unorganized to organized sector
• Investment Approach: “Buy & Hold” strategy
• IOP V2 has delivered -1.87% vs NIFTY Midcap 100 has delivered
-13.66% since inception.
Source: MOAMC | Data as on 30th June 2018
Business Opportunities Portfolio (BOP)
Inception Date Benchmark Fund Manager
16-Jan-18 Nifty 500 IndexMr. Manish SonthaliaMr. Kunal Jadhwani
Portfolio (Top 10 Stocks)
Scrip Name (%) of Market value
Hindustan Unilever Ltd. 8.53
HDFC Bank Ltd. 8.23
Godrej Agrovet Ltd. 6.25
Exide Industries Ltd. 5.81
Bajaj Finance Ltd. 5.43
Britannia Industries Ltd. 5.26
Kotak Mahindra Bank Ltd. 5.02
Bata India Ltd. 4.70
Container Corporation Of India Ltd. 4.61
Gruh Finance Ltd. 4.52
Top 5 sectors
Sector Name (%) of Market value
Banking & Finance 35.04
FMCG 17.73
Retail 11.49
Agriculture 9.56
Engineering & Electricals 6.90
• The Portfolio will be constructed based on in-depth research leading
to bottom-up stock picking with a view of equities from 3-4 years
perspective.
• It aims to predominantly invest in Small and Midcap stocks with a
focus on identifying potential winners.
• The Strategy at present has a concentration in 22 stocks.
• Concentration on emerging Themes.
• Investments with Long term perspective.
• Five basic themes- Affordable Housing, market share gain by NBFCs &
Private Sector banks from PSU banks, Rise in Consumer
Discretionary, Agriculture & GST beneficiaries.
• Investment Approach: “Buy & Hold” strategy
• BOP has delivered -1.39% vs NIFTY 500 has delivered -4.68% since
inception.
Source: MOAMC | Data as on 30th June 2018
India Entrepreneur Portfolio (IEP)
• The strategy is market cap agnostic and builds portfolio which has
companies with more than 25% promoter holdings, high ROCE &
high non-dilutive compounded EPS. Identify business with
competitive advantage that is significant sized (min. 100 Cr. PBT).
The Strategy is built primarily on entrepreneur concept.
• The portfolio consist of 20 stocks.
• Investments with Long term perspective.
• In last 5 years, IEP PMS has delivered positive return of 26.20%
versus 15.20% of BSE 500.
Performance(%ge) Value of 1 cr. Invested
Period IEP BSE 500 IEP BSE 500
1 Month -2.70 -1.60 0.97 0.98
3 Months 7.40 2.90 1.07 1.03
6 Months 2.60 -3.20 1.03 0.97
1 Year 16.50 10.20 1.17 1.10
2 Years 17.80 14.80 1.39 1.32
3 Years 13.10 10.00 1.45 1.33
4 Years 20.80 10.40 2.13 1.49
5 Years 26.20 15.20 3.20 2.03
Since Inception 20.50 9.70 4.82 2.18
Inception Date Benchmark Fund Manager
25-Jan-10BSE 500 IndexNifty 50 Index
Mr. Prateek Agrawal Mr. Sumit Jain
Portfolio (Top 10 Stocks)
Scrip Name (%) of Market value
Bajaj Finance Ltd. 7.42
Britannia Industries Ltd. 7.17
IndusInd Bank Ltd 7.13
Bajaj Finserv Ltd. 7.06
Page Industries Ltd. 6.69
Cholamandalam Investment and Finance Company Ltd.
6.64
Havells India Ltd 5.64
Kotak Mahindra Bank Ltd. 5.46
Astral Poly Technik Ltd. 5.44
Eicher Motors Ltd. 5.23Top 5 sectors
Sector Name (%) of Market value
Banking & Finance 33.71
FMCG 22.54
Auto & Auto Ancillaries 18.37
Electronics 5.64
Plastics 5.44
Source: ASK IM | Data as on 30th June 2018
INVESCO DAWN Strategy
There’s always a light at the end of the tunnel
• Focus on mean reversion & value style
• High impetus on quality business models & management
• Bottom up stock picking approach without bias towards market
cap or sector
• Catalyst for investing – Cyclical recovery, earning recovery and
Under owned to Value style
• Focused portfolio approach, currently strategy has 24 stocks in
its portfolio.
Inception Date Benchmark Fund Manager
28- Aug-17 S&P BSE 500Mr. Taher BadshahMr. Amit Ganatra
Source: INVESCO AMC | Data as on 30th June 2018
Portfolio (Top 10 Stocks)
Scrip Name (%) of Market value
Reliance Industries Ltd. 9.54
ICICI Bank Ltd. 7.89
Infosys Ltd. 6.94
Exide Industries Ltd. 5.21
Cipla Ltd. 5.11
HCL Technologies Ltd. 5.08
L & T Finance Holdings Ltd. 4.53
Equitas Holdings Ltd. 4.27
Axis Bank Ltd. 3.89
Gujarat State Petronet Ltd. 3.87
Top 5 sectors
Sector Name (%) of Market value
Financials 24.29
Industrials 13.89
Energy 12.50
Information Technology 12.03
HealthCare 11.61
Performance Track Record 1/2
Source: Respective AMC s| Data as on 30th June 2018
25.56x in Value PMS vs 10.60x in NIFTY since March 2003 (15 years)
3.09x in IOP PMS vs 2.07x in NIFTY Small Cap 100 since Feb 2010 (8 years)
4.83x in ASK IEP PMS vs 2.18x in BSE 500 & 2.14x in NIFTY since Jan 2010 (8 years)
5.74x in NTDOP PMS vs 1.80x in NIFTY 500 since Dec. 2007 (10 years)
Jan
-08
Jul-
08
Jan
-09
Jul-
09
Jan
-10
Jul-
10
Jan
-11
Jul-
11
Jan
-12
Jul-
12
Jan
-13
Jul-
13
Jan
-14
Jul-
14
Jan
-15
Jul-
15
Jan
-16
Jul-
16
Jan
-17
Jul-
17
Jan
-18
NTDOP Benchmark
Feb
-10
Jul-
10
Dec
-10
May
-11
Oct
-11
Mar
-12
Au
g-1
2
Jan
-13
Jun
-13
No
v-1
3
Ap
r-1
4
Sep
-14
Feb
-15
Jul-
15
Dec
-15
May
-16
Oct
-16
Mar
-17
Au
g-1
7
Jan
-18
Jun
-18
IOP Benchmark
Mar
-03
Mar
-04
Mar
-05
Mar
-06
Mar
-07
Mar
-08
Mar
-09
Mar
-10
Mar
-11
Mar
-12
Mar
-13
Mar
-14
Mar
-15
Mar
-16
Mar
-17
Mar
-18
Value Benchmark
25
-Jan
-10
25
-Ju
l-1
0
25
-Jan
-11
25
-Ju
l-1
1
25
-Jan
-12
25
-Ju
l-1
2
25
-Jan
-13
25
-Ju
l-1
3
25
-Jan
-14
25
-Ju
l-1
4
25
-Jan
-15
25
-Ju
l-1
5
25
-Jan
-16
25
-Ju
l-1
6
25
-Jan
-17
25
-Ju
l-1
7
25
-Jan
-18
IEP NIFTY BSE 500
Performance Track Record 2/2
VALUE IOP NTDOP IEP
FY-05 28% -- -- --
FY-06 82% -- -- --
FY-07 -2% -- -- --
FY-08 29% -- -25% --
FY-09 -29% -- -38% --
FY-10 81% 9% 117% 1%
FY-11 12% 8% 10% 22%
FY-12 3% -1% 12% 3%
FY-13 0% 0% 16% 13%
FY-14 21% 21% 40% 34%
FY-15 61% 53% 72% 73%
FY-16 -10% -9% 2% -5%
FY-17 19% 60% 38% 24%
FY-18 9% 5% 11% 15%
FY-19* 2% -6% 4% 8%
VALUE IOP NTDOP IEP
Q1FY16 -3% 3% 11% 1%
Q2FY16 -6% -6% -4% -4%
Q3FY16 1% -1% 0% 1%
Q4FY16 -2% -5% -4% -2%
Q1FY17 7% 10% 12% 10%
Q2FY17 7% 27% 16% 10%
Q3FY17 -9% -5% -10% -11%
Q4FY17 14% 20% 17% 14%
Q1FY18 3% 13% 6% 6%
Q2FY18 4% -1% 5% 5%
Q3FY18 6% 12% 10% 9%
Q4FY18 -3% -18% -9% -4%
Q1FY19 2% -6% 4% 8%
VALUE IOP NTDOP IEP
CY-03 154% -- -- --
CY-04 23% -- -- --
CY-05 64% -- -- --
CY-06 24% -- -- --
CY-07 52% -- -- --
CY-08 -44% -- -53% --
CY-09 74% -- 110% --
CY-10 20% 28% 23% 29%
CY-11 -12% -25% -19% -13%
CY-12 23% 36% 57% 30%
CY-13 3% 2% 18% 22%
CY-14 58% 48% 78% 70%
CY-15 0% 5% 16% 8%
CY-16 2% 26% 13% 6%
CY-17 30% 52% 43% 37%
CY-18* -2% -23% -5% 3%
VALUE IOP NTDOP IEP
Jun-17 -2% 3% 0% 1%
July – 17 7% 0% 5% -1%
Aug-17 0% -1% 0% 0%
Sep-17 -2% 1% 0% 0%
Oct-17 5% 2% 4% 3%
Nov-17 -1% 3% 1% 3%
Dec-17 3% 7% 6% 3%
Jan-18 2% -7% -5% -4%
Feb - 18 -4% -5% -3% -1%
March- 18 -2% -6% -3% 0%
Apr-18 6% 6% 7% 9%
May-18 -1% -4% -1% 2%
June-18 -2% -6% -1% -1%
Fin
anci
al Y
ear
on
ye
ar P
erf
orm
ance
Q-O
-Q P
erf
orm
ance
up
dat
e
M-O
-M P
erfo
rman
ceC
alen
dar Y
-O-Y
Pe
rform
ance
Source: Respective AMC s| Data as on 30th June 2018. *FY-19, CY-18
Portfolio Analysis & Fees Structure
o Stock Universe of our PMS offerings
o Portfolio Market Cap Style
o Risk Return analysis
o Fees Schedule
Stock Universe of our PMS offerings
Source: Respective AMCs| Data as on 30th June 2018
• Duplication of stocks are limited across our offerings.
• Concentrated portfolio with 15 to 25 stocks ideas.
• Exposure to companies in line with investment theme.
Stock Universe No. of Stocks
Universe of Stocks 154
Unique no. of Stocks 117
Stocks common 31
Strategies(Total No. of
stocks)VALUE (20) NTDOP (24) IOP V2 (20) BOP (22) IEP (21) DAWN (24) IOP (23)
VALUE (20) 6 (29%) 5 (27%) 1 (1%) 4 (28%) 3 (23%) 3 (9%) 2 (10%)
NTDOP (24) 5 (30%) 11 (36%) 1 (2%) 3 (27%) 4 (41%) 2 (5%) 4 (9%)
IOP V2 (20) 1 (6%) 1 (6%) 13 (56%) 5 (28%) 1 (8%) 0 (0%) 0 (0%)
BOP (22) 4 (21%) 3 (15%) 5 (21%) 8 (32%) 3 (16%) 2 (10%) 1 (4%)
IEP (21) 3 (18%) 4 (25%) 1 (7%) 3 (20%) 13 (54%) 0 (0%) 0 (0%)
DAWN (24) 3 (14%) 2 (6%) 0 (0%) 2 (8%) 0 (0%) 18 (70%) 0 (0%)
IOP (23) 2 (15%) 4 (15%) 0 (0%) 1 (4%) 0 (0%) 0 (0%) 17 (66%)
Note : Unique stocks & allocation mentioned in highlighted cells
Portfolio Market Cap Style
Source: Capital Line | Data as on 30th June 2018
Market Capitalization as per SEBI categorization
Weighted average market cap calculated of all the Portfolio
Large Cap: 1st to 100th company | Mid Cap: 101st to 250th company | Small Cap: 250 onwards
1,67,710.46
71,193.36
10,225.47
1,16,513.57
71,510.09
1,25,259.23
8,883.62
Value
NTDOP
IOP V2
BOP
IEP
DAWN
IOP
Market Cap (Cr.)
88%
56%
0%
49%
72%
63%
0.00
10%
38%
45%
31%
26%
12%
26%
1%
6%
53%
20%
1%
20%
74%
1%
0%
2%
0%
1%
5%
0%
Value
NTDOP
IOP V2
BOP
IEP
DAWN
IOP
Large Cap Mid Cap Small Cap Cash
Risk Return analysis
Risk return parameter of all the strategy based on its benchmark
Risk parameter VALUE IOP IEP NTDOP Interpretation
3 years average rolling return 17% 20% 25% 28% Higher the better
Standard Deviation 15% 12% 10% 12%Lower the better
(volatility Risk)
Beta (Slope) 0.83 0.85 0.60 0.57Lower the better
(Market Risk)
Jensen's (Alpha) 7% 6% 16% 18%
Higher the betterSharpe Ratio 0.65 1.08 1.89 1.77
Treynor Ratio 12% 15% 30% 36%
Data as on 30th June 2018, 3 yr rolling return calculated since inception. Risk free rate has been taken as 7%.
Fees Schedule
Note: All the returns mentioned in previous slide is post management expenses.
*HWM- Higher Water Mark
Fee ScheduleMOAMC PMS ASK PMS INVESCO D.A.W.N
Fixed Fees Variable Fees Fixed Fees Fixed Fees Variable Fees
Set Up Fees Upto 2% Upto 2% Upto 2% Upto 2.5% Upto 2.5%
Management Fees 2.5% 1.5% 2.5% 2.5% 1.25%
Custodian Fees 0.25% 0.25% 0.25% 0.25% 0.25%
Exit Load
<1yr- 2% <1yr- 2% <1yr- 3% <1yr- 3% <1yr- 3%
>1yr- NIL >1yr- NIL <2yr-2% <2yr-2% <2yr-2%
<3yrs- 1% >2yrs- NIL >2yrs- NIL
>3yrs- NIL
Performance Base Fees NA
If profit <15%;
NA NA
If Profit <10%, Nil
15% profit share above 10% PA on HWM*
15% profit share above 10% and below 15% PA
profit
If profit >=15%; 20% profit share above 10%
PA on HWM*
20% profit share above 15.01% PA profit
Depository Charges
As applicable at actualBrokerage
Other Statutory levies
Source: Respective AMCs
Thank You !
Motilal Oswal Securities Ltd. (MOSL) Member of NSE, BSE, MCX, NCDEX,CIN no.: U65990MH1994PLC079418Registered Office Address: Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai-400025; TelNo.: 022-3980 4263; Website www.motilaloswal.com.Correspondence Adds: Palm Spring Centre, 2nd Floor, Palm Court Complex, New Link Road, Malad (West), Mumbai- 400 064. Tel No:022 3080 1000.Registration Nos.: Motilal Oswal Securities Ltd. (MOSL): INZ000158836 (BSE/NSE/MCX/NCDEX); CDSL: IN-DP-16-2015; NSDL: IN-DP-NSDL-152-2000; Research Analyst: INH000000412. AMFI: ARN 17397; Investment Adviser: INA000007100; IRDA Corporate Agent:CA0541.Motilal Oswal Asset Management Company Ltd. (MOAMC): PMS (Registration No.: INP000000670); PMS and Mutual Funds are offeredthrough MOAMC which is group company of MOSL.Motilal Oswal Wealth Management Ltd. (MOWML): PMS (Registration No.: INP000004409) is offered through MOWML, which is a groupcompany of MOSL. *Motilal Oswal Securities Ltd. is a distributor of Mutual Funds, PMS, Fixed Deposit, Bond, NCDs, Insurance Productsand IPOs. *Real Estate is offered through Motilal Oswal Real Estate Investment Advisors II Pvt. Ltd. which is a group company of MOFSL.*Private Equity is offered through Motilal Oswal Private Equity Investment Advisors Pvt. Ltd which is a group company of MOFSL.*Research & Advisory services is backed by proper research.
Please read the Risk Disclosure Document prescribed by the Stock Exchanges carefully before investing. There is no assurance orguarantee of the returns. Investment in securities market is subject to market risk, read all the related documents carefully beforeinvesting.Details of Compliance Officer: Name: Neeraj Agarwal, Email ID: [email protected], Contact No.:022-38281085.
“Such representation are not indicative of future result”
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