Smart Invest

Where we partner with industries leading Registered Investment Advisers (RIAs) for their expert
curated Stock Basket also know as IAP (Investment Advisory Product)

Current RIA’s under Smart Invest

• Narnolia
• Abakkus
• Renaissance
Product Features

Mentored Periodic Dynamic Click to Power of No Lock-in Live

Advisory by Performance Portfolio Invest Discretion Period Portfolio
RIA’s Monitoring Rebalancing Tracking

The information is only for consumption by the client and such material should not be redistributed
Advantages of Smart Invest?

 Professional Management

 Consistent Monitoring

 Regulatory Supervision

 Disciplined Approach

 Active Portfolio Management

 Expert opinion on your investment

Registered Investment Advisor (RIAs) v/s Mutual Funds

Particulars Registered Investment Advisor (RIAs) Mutual Funds

Ownership Investor gets a share of ownership of the stocks Investors are allocated Units

Concentrated portfolio Contains only 15 to 25 stocks Usually has 50 to 60 stocks

Lock in period No lock in period Lock in are their especially in for ELSS funds

Entry and exit loads No entry and exit loads Most of equity funds have 1 to 2% exit loads
for 12

Expense Ratio 2.5% per annum Expense ratio for MFs range between ~ 2.0% to
3%
Investment Horizon 1-3 years 3-5 years

Advisory Through Email / SMS / & Mobile App Notification No personal advice is given by fund houses.

Consent Click Away on the Anand Rathi Mobile App Investor’s consent is not taken for any change.
Narnolia Group, founded in 1997, it is
India’s Oldest Investment Advisory
Product Manufacturers with a track record
12 years of Real-Time Performance, not
based on any hypothetical back-tested
data.

Industry Leading Performance: 4 Star

Rating, Rank 2 by CRISIL for 2020-21

Absolutely, Relatively & Consistently

(ARC) - Generated over 20% CAGR
Returns with 9% Alpha over the last 12
years.
Investment Philosophy

Principle of Growth in Value Principle of Linearity

Investment in companies with high and Companies with strong capital allocation and
rising ROE, ROCE, and free cash flows, favorable business conditions show rising
reflecting superior quality and growth margins and asset turnover, leading to higher
potential . returns and long-term wealth creation

360 Degree 5-M Research Process Risk Management Framework

Valuation multiples and financial modeling, Stock and sector weightage limits, coupled with
alongside strong business and financial moats, performance reviews and fundamental analysis,
management strategy, and market dynamics, guide our investment decisions and valuation
drive earnings quality and long-term success strategies.
 Top 5 Portfolio Holdings
Returns

BAJAJ AUTO CAMS DIXON APOLLOHOSP TATA ELXSI

78% 118% 119.8% 202.9%%
507.1%

Few of the above stocks are booked

Top 5 Portfolio Holdings Returns

LT APOLLOHOSP ICICIBANK BEL BHARTI

358% 288.5% 285.5%
230.8% 143.4%

Few of the above stocks are booked

 Top 5 Portfolio Holdings Returns

TATA ELXSI ACE DIXON GRSE KAYNES

747.9% 607.2% 480.1%
363.9% 296.2%

Few of the above stocks are booked

 NS Model Portfolio – Price Performance

NS Industry Leaders
Years 1 month 3 months 6 months 1 year 3 years Since Inception(1-Oct-2009)
Industry Leaders 0.00% 12.80% 22.50% 38.20% 17.40% 20.00%

NS MultiCap
Years 1 month 3 months 6 months 1 year 3 years Since Inception(1-Oct-2009)
MultiCap -0.60% 13% 16.60% 26.10% 13.90% 18.60%

NS Mid & Small Cap

Years 1 month 3 months 6 months 1 year 3 years Since Inception(1-Oct-2013)
Mid & Small 1.00% 21% 22.20% 38.10% 21.90% 26.70%

Please Note: Data is as on 31st August 2024, 1yr is ABSOLUTE returns. 3yr/5yr/SI figures are CAGR Returns. ID - Inception Date
Narnolia Fees Structure

NARNOLIA FEES STRUCTURE

NS MULTI Annual Basket Fees Structure NET FEES NS SHARE AR SHARE NET RENEVUE
CAP Fees Stage Size Occurrence (Semi Annually) IN RS (40%) (60%) GENERATED
Fresh Subscription 500000 Half Yearly 1.25% 6250 2500 3750 3750
2.50% Renewal 500000 1.25% 6250 2500 3750 3750
TOTAL SUBSCRIPTION REVENUE PER BASKET 7500

NS
Annual Basket Fees Structure NET FEES NS SHARE AR SHARE NET RENEVUE
INDUSTRY
Fees Stage Size Occurrence (Semi Annually) IN RS (40%) (60%) GENERATED
LEADER
Fresh Subscription 300000 Half Yearly 1.25% 3750 1500 2250 2250
2.50% Renewal 300000 1.25% 3750 1500 2250 2250
TOTAL SUBSCRIPTION REVENUE PER BASKET 4500

NS MID &
SMALL CAP Annual Basket Fees Structure NET FEES NS SHARE AR SHARE NET RENEVUE
Fees Stage Size Occurrence (Semi Annually) IN RS (40%) (60%) GENERATED
Fresh Subscription 500000 Half Yearly 1.25% 6250 2500 3750 3750
2.50% Renewal 500000 1.25% 6250 2500 3750 3750
TOTAL SUBSCRIPTION REVENUE PER BASKET 7500
• Abakkus is a professionally run asset manager with highly
experienced and able team with endeavor to generate
alpha by strict adherence to processes, frameworks and
discipline

• Abakkus is an alpha focused boutique asset manager

managing roughly INR ~34,000 crores* in long only
strategies for Indian equities.

• Abakkus Asset Management, LLP was established by Mr.

Sunil Singhania in 2018.

• Mr. Sunil Singhania was Former CIO Equities of Reliance

Nippon Life Asset Management (now Nippon Life India
Asset Management) overseeing ~USD 11 billion of equity
assets

• Ambition and vision is to make Abakkus India's revered

asset managers over time
5D Investment process

Management Structural
Effective management is required for
maintaining quality, strategic capital Evaluate the size of the opportunity,
allocation, fair distribution to minority competitive positioning (moat), and
shareholders, and differentiating consistent profit growth to assess
between business errors and investment potential.
preventable mistakes.

Earnings Timing
Assess earnings quality by comparing "A good company isn't always a good
reported numbers to actual and expected investment if the price isn't right; consider
earnings, distinguishing between cyclical what the price is discounting, your
and structural earnings, and identifying investment time frame, and potential mean
companies that can double profits or halve
Events/Trends reversion.
EV/EBITDA in four years or les.
Stock movement due to events can present
buy or sell opportunities; monitor
upcoming events, disruptive trends, and
new themes to make informed decisions
Abakkus Strategy
Abakkus Fees Structure

ABAKKUS FEES STRUCTURE

Fees
Structure ABAKKUS
SMART Annual Basket (Semi NET FEES SHARE AR SHARE NET RENEVUE
FLEXI CAP Fees Stage Size Occurrence Annually) IN RS (50%) (50%) GENERATED
Fresh Subscription 500000 Half Yearly 1.25% 6250 3125 3125 3125
2.50% Renewal 500000 1.25% 6250 3125 3125 3125
TOTAL SUBSCRIPTION REVENUE PER BASKET 6250
• The team at Renaissance Investment Advisors are highly
accredited and has over 50 years of collective experience
in managing investment portfolio for retail and
institutional investors

• Leading RIA in India with over 1100+ crs AUA with 18,000
clients

• Founded by Mr. Pankaj Murarka

• Pankaj has over 26 years of experience in Indian Equities

with excellent performance track record. He has worked
with UTI Mutual Fund, Rare Enterprise (largest Principal
Investor in India), Merrill Lynch & Axis AMC.
Investment Strategy
Renaissance Strategy

ALPHA CORE & SATELLITE

Renaissance Strategy

ALPHA FLEXI CAP

Alpha Flexicap adopts a true to label flexicap
approach by investing in high quality, high growth
companies across the market capitalizations.
Investors who want a diversified portfolio with
exposure to companies across market
capitalizations. Investors with a goal of long-term
wealth creation whovalue flexibility in asset
allocation.
Portfolio Performance

ALPHA CORE & SATELLITE

ALPHA FLEXI CAP

Renaissance Fees Structure

RENAISSANCE FEES STRUCTURE

Fees
Structure AR
ALPHA
Annual (Semi NET FEES RENAISSANCE SHARE NET RENEVUE
CORE &
Fees Stage Basket Size Occurrence Annually) IN RS SHARE (40%) (60%) GENERATED
SATELLITE
Fresh Subscription 500000 Half Yearly 1.25% 6250 2500 3750 3750
2.50% Renewal 500000 1.25% 6250 2500 3750 3750
TOTAL SUBSCRIPTION REVENUE PER BASKET 7500

Fees
Structure AR
ALPHA Annual (Semi NET FEES RENAISSANCE SHARE NET RENEVUE
FLEXI CAP Fees Stage Basket Size Occurrence Annually) IN RS SHARE (40%) (60%) GENERATED
Fresh Subscription 300000 Half Yearly 1.25% 3750 1500 2250 2250
2.50% Renewal 300000 1.25% 3750 1500 2250 2250
TOTAL SUBSCRIPTION REVENUE PER BASKET 4500
www.anandrathi.com
Anand Rathi Share and Stock Brokers Ltd.
Regd. Office: Express Zone, 10th Floor, A Wing, Western Express Highway, Goregaon (E), Mumbai - 400 063, Maharashtra. Tel: (022) 6281 7000.
Registration No.: INZ000170832 (BSE-949 | NSE-06769 | MSEI-1014 | MCX-56185 | NCDEX-1252), Research Analyst - INH000000834, Depository
Participant: CDSL & NSDL- (IN-DP-437-2019)| AMFI: ARN-4478 is Registered under “Anand Rathi Share & Stock Brokers Ltd.” Analyst
Certification: The views expressed in this Research Report accurately reflect the personal views of the analyst(s) about the subject securities or
issuers and no part of the compensation of the research analyst(s) was, is, or will be directly or indirectly related to the specific recommendations or
views expressed by the research analyst(s) in this report. The research analysts are bound by stringent internal regulations and also legal and
statutory requirements of the Securities and Exchange Board of India (hereinafter “SEBI”) and the analysts’ compensation are completely delinked
from all the other companies and/or entities of Anand Rathi, and have no bearing whatsoever on any recommendation that they have given in the
Research Report.