Subtitle of PPT

Title of PPTIndia Select Portfolio

ASK Investment Managers

1

Subtitle of PPT

Key Investment Objectives

• Capital Preservation over a period of time

• Capital Appreciation over a period of time

Achieved through…

• Long term Investments in high quality companies with strong growth prospects

2

Subtitle of PPT

Capital Preservation

3

Subtitle of PPT

We cater to investor’s desire for a relatively stable portfolio very well

4

Capital Preservation

Max Drawdown FY Performance

FII Net Inflows (USD Bn)

IndiaSelect BSE 100

IndiaSelect BSE 100

FY 11 -20% -19% 16% 9% 24

FY 12 -17% -24% -4% -9% 9

FY 13 -5% -10% 10% 7% 26

FY 14 -8% -15% 39% 18% 14

FY 15 -2% -7% 73% 28% 18

FY 16 (Jan YTD) -9% -18% -2% -11% -4

Since Inception -25% -30% 20% 6% 90

High growth portfolio with low beta

• Historical Drawdown is measured as the biggest fall of the portfolio after touching the previous peak during the year.• Sharpe ratio measured as Portfolio returns over Risk Free Rate (RFR) divided by the Portfolio Standard Deviation. RFR assumed at 8% pa.• Historical Volatility is computed based on standard deviation of daily returns

India Select has mostly fallen less and risen more than the benchmark Superior Sharpe Ratio

Delivered low volatility consistently

Subtitle of PPT

Capital Appreciation

5

Low volatility in the portfolio actually aids portfolio appreciation

Subtitle of PPT

6

Capital Appreciation

Consistently beating benchmarks since inception

Performance figures are net of fees and expenses

(INR) FY 11 FY 12 FY 13 FY 14 FY 15 FY 16 (Jan

YTD)CAGR since April

2010

India Select 16.1% -4.1% 9.7% 38.7% 73.0% -2.0% 19.8%

BSE 100 8.6% -9.2% 6.8% 18.1% 28.3% -11.1% 6.2%

Nifty 11.1% -9.2% 7.3% 18.0% 26.7% -10.9% 6.5%

193% vs. 42%

30% vs. 0%

Subtitle of PPT

7

MF Comparison and Quarterly Outperformance

Period Relative Positioning

FY 11 14 out of 152

FY 12 67 out of 158

FY 13 32 out of 162

FY 14 4 out of 163

FY 15 15 out of 148

FY 16 (Jan YTD) 22 out of 151

Since April 2010 4 out of 137

Ranking Vs all open ended diversified MF Schemes

Top decile performance since inception

India Select has strong outperformance track record Vs the benchmark indices since inception

(8)

(4)

0

4

8

12

16

FY11 Q1

FY11 Q2

FY11 Q3

FY11 Q4

FY12 Q1

FY12 Q2

FY12 Q3

FY12 Q4

FY13 Q1

FY13 Q2

FY13 Q3

FY13 Q4

FY14 Q1

FY14 Q2

FY14 Q3

FY14 Q4

FY15 Q1

FY15 Q2

FY15 Q3

FY15 Q4

FY16 Q1

FY16 Q2

FY16 Q3

Quarterly Outperformance Vs Nifty

Subtitle of PPT

India Select: The Strategy

8

Consistent adherence to the strategy towards delivery of the philosophy improves chances of replication

Subtitle of PPT

• Best ideas Portfolio across all the key value-creating attributes

• Portfolio to represent an eclectic mix of:

• size of opportunity

• earnings growth

• quality of the business

• price - value gap

• and to achieve an overall optimal blend

9

Indian Select Portfolio

Subtitle of PPT

10

Key Investment Attributes

Size of the Opportunity

• Size of pond Vs. size of fish

• Dominance

• Resilience

• Liquidity

Quality of Business

• High quality of business (Superior RoCE)

• Strong moat. Impregnability.

• Sustainability

• Key pivot of strong wealth creation

Earnings Growth

• Quantum

• Consistency

• Durability

• Predating (Early Vs Later)

• Compounding power

Value

• Favorable Price-Value Gap

• Margin of Safety

Four key investment attributes

In addition to the above, good management quality is a given constant

Subtitle of PPT

11

Indian Select Portfolio: Have India Select as core of equity portfolio

Risk Factors and DisclaimerRisk arising from the investment objective, investment strategy and asset allocation.

Equities as an asset class carry a higher risk in comparison to debt. While risk cannot be totally eliminated, it can be mitigated through a well-designed investment strategy. ASK Investment Managers Portfolios seek to mitigate risk and deliver superior returns through research-based investing. However, this objective may not be fully achieved due to various reasons such as unfavorable market movements, misjudgment by portfolio manager, adverse political or economic developments etc. The PMS is run with an objective to achieve reasonable returns consistently. Given this background the investor investing in the PMS faces the following risks(i) Political, economic and / or related risks The Asset Value of the portfolio and the liquidity of the shares may be affected by changes in government policy, taxation, interest rates, social and religious instability and political, economic or other developments in or affecting India. (ii) Industry risk The value of shares of companies in a particular industry may be affected due to factors affecting the industry like changes in government policy on duties, FDI or a foreign country, which is a big market for the industry, may impose restrictions on import etc. (iii) The Indian Securities Market The Indian stock markets in the past experienced substantial price volatility and no assurance can be given that such volatility will not occur in future. Actual market trend may be in variance with anticipated trends hence, the decisions of the Portfolio Manager may not be always profitable. (iv) Liquidity Risk Some stocks that the investor might be invested in might not be highly liquid. Though it will be the PMS service providers endeavor to restrict investments in less liquid stocks to a lower limit, there is an exposure of liquidity risk to the investor.

DISCLAIMER:

Any information contained in this material shall not be deemed to constitute an advice, an offer to sell/purchase or as an invitation or solicitation to do for security of any entity and further ASK Investment Managers Private Limited(ASKIM) and its employees/directors shall not be liable for any loss, damage, liability whatsoever for any direct or indirect loss arising from the use of this information. Recipients of this information should exercise due care and caution andread the offer document (if necessary obtaining the advice of finance/other professionals) prior to taking any decision on the basis of this information.

ASK Investment Managers Private Limited has not independently verified all the information and opinions given in this material. Accordingly, no representative or warranty, express or implied, is made as to the accuracy, completeness orfairness of the information and opinions contained in this material.

Key Attributes How India Select QualifiesHigh degree ofpredictability ofreturns

Buy good quality, non-dilutive, strongly growingbusinesses.Beta of 0.66 since inception.

Higher replicability ofperformance

Philosophy based Process driven investing.Almost equiweighted portfolio minimizing singlestock risk. Historically low churn ratios of sub 0.4%.Positive returns across most of the portfolioholdings, indicating the strength of the philosophyand process.

Better returns thanother asset classes

20% compounding since inception Vs 6% for BSE 100as on January 2016.

The Positioning

ST Debt

LT Debt

Structured Products & High

Yield Debt

India Select

Equity

Debt / Hybrid

Other equities

Subtitle of PPT

Thank You

12

Head office : Birla Aurora, Level 16, Dr. Annie Besant Road, Worli, Mumbai – 400030Customer Service - Ph: +91 22 66520000. Extn: 144, 255 and 256

Email: customerservice@askinvestmentmanagers.com