Titanium Hybrid Long-Short Fund Regular Plan Growth Units Regular Plan Growth · BSE:TSIFRG

Titanium Hybrid Long-Short Fund Regular Plan Growth Units Regular Plan Growth — Tata Small Cap Fund — Investor Presentation (September 2018)

23 slides from Titanium Hybrid Long-Short Fund Regular Plan Growth Units Regular Plan Growth's investor presentation, Sep 25, 2018

  1. Slide 1: Small Cap Fund

    SMALL CAP FUND (An open ended equity scheme predominantly investing in small cap stocks) Tata Small Cap Fund aims to invest in stocks of companies that are in growth mode and have a potential to make it big in the market. This product is suitable for investors who are seeking*: • Long Term Capital A

  2. Slide 2: Small is Getting Bigger

    SMALL IS GETTING BIGGER 12,000 Market Cap of 251 st Stock (Rs. Crores) 10,290 10,019 10,000 8,000 6,053 6,000 5,472 4,650 4,000 3,338 3,171 2,959 2,810 2,512 2,195 2,000 1,042 0 Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Dec Aug 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 SMALL CAP MARK

  3. Slide 3: Opportunity in Change

    OPPORTUNITY IN CHANGE  SEBI Last Year specified the Market STOCKS CATEGORIZED BY cap defini on to be followed by NEW REGULATION AS FOLLOWS: Mutual Funds  Simultaneously, SEBI also specified, minimum Large Cap and Midcap Exposure for Large & Midcap funds  These measures acted as catalyst for Large Ca

  4. Slide 4: Buy Something Different

    BUY SOMETHING DIFFERENT Large Cap Mid Cap Small Cap Non Equity Fund Category AUM (Rs Crs) Exposure Exposure Exposure Exposure (excl Arbitrage Funds) (Rs Crs) (Rs Crs) (Rs Crs) (Rs Crs) Open Ended Equity Funds (Excl Small Cap) 630,570 60% 23% 11% 6% Hybrid Funds 299,353 51% 9% 7% 33% Solu ons (Re rem

  5. Slide 5: Exclusive Exposures

    EXCLUSIVE EXPOSURES Exclusive to Small Caps Predominantly Represented by Mid & Small Caps Air-condi oners Airlines Ceramics & Sanitaryware Biotechnology Couriers Breweries Cycles And Accessories Construc on Detergents / Intermediates Domes c Appliances Glass Electronics Industrial Explosives Fer lis

  6. Slide 6: Small Caps – Breeding Ground for Multi Baggers

    SMALL CAPS – BREEDING GROUND FOR MULTI BAGGERS SMALL CAPS - BREEDING GROUND FOR MULTI BAGGERS (AS ON AUGUST 31, 2018) Small Cap - Small Cap - Small Cap - Above Current Market Cap Bands Large Cap Mid Cap 5000 Cr 5000 Cr 2500 Cr Upto 25% Return 20 29 20 34 50 26% to 50% Return 5 9 2 3 6 51% to 100% Re

  7. Slide 7: Small Caps – Breeding Ground for Multi Baggers

    SMALL CAPS – BREEDING GROUND FOR MULTI BAGGERS SMALL CAPS - BREEDING GROUND FOR MULTI BAGGERS (AS ON JANUARY 31, 2018) Small Cap - Small Cap - Small Cap - Above Current Market Cap Bands Large Cap Mid Cap Between 2501 Cr Between 1000 Cr 5000 Cr to 5000 Cr to 2500 Cr Upto 25% Return 56 59 40 47 69 26%

  8. Slide 8: Small Caps – High Return Dispersion

    SMALL CAPS – HIGH RETURN DISPERSION CY2014 CY2015 Return Bands/Market Cap Top 100 Stocks Next 150 Stocks Next 250 Stocks Top 100 Stocks Next 150 Stocks Next 250 Stocks Above 50% 44 94 157 8 19 51 21% to 50% 32 27 37 15 42 40 0% to 20% Return 16 18 25 34 37 55 0% to -20% Return 5 8 17 26 26 54 -21% t

  9. Slide 9: Small Caps – High Return Dispersion

    SMALL CAPS – HIGH RETURN DISPERSION Difference in Average and Minimum returns Nifty 100 69.39 Nifty Midcap 150 86.02 Nifty Smallcap 250 86.87 STRONG CASE FOR PROFESSIONAL ACTIVE MANAGEMENT Data Source – ICRA • Returns calculated are 5 year CAGR as 31st Aug, 2018

  10. Slide 10: Valuations – Opportunity

    VALUATIONS – OPPORTUNITY Correction in Small Caps since January 2018 - An Opportunity to Pick Quality stocks 120 115 Up by 110 10.58% 105 100 95 Down by 90 9.53% 85 Down by 14.09% 80 75 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 S&P BSE Sensex TRI S&P BSE Mid Cap TR

  11. Slide 11: Valuations – Opportunity

    VALUATIONS – OPPORTUNITY S&P BSE 500 Index P/E as on 31st August P/E as on 29th December Change in Average P/E Stock bands 2018 2017 1-100 43.01 39.80 3.21 101-200 66.36 47.40 18.96 201-300 46.75 57.45 (10.70) 301-400 40.49 45.19 (4.70) 401-500 31.73 44.00 (12.26) VALUATIONS HAVE COME OFF IN THE SMA

  12. Slide 12: Perception vs Reality

    PERCEPTION VS REALITY NIFTY NIFTY NIFTY NIFTY NIFTY NIFTY YEAR 50 200 MIDCAP 100 SMALLCAP 100 SMALLCAP 250 500 2006 39.83 34.64 29.01 41.59 31.03 33.99 2007 54.77 63.66 76.93 87.27 94.95 62.51 2008 (51.79) (56.61) (59.39) (70.97) (69.08) (57.13) 2009 75.76 86.58 98.97 107.01 113.92 88.57 2010 17.95

  13. Slide 13: Risk is Not Exclusive to Small Caps

    RISK IS NOT EXCLUSIVE TO SMALL CAPS 1Y ROLLING RETURNS NIFTY NIFTY NIFTY NIFTY NIFTY NIFTY DETAILS 50 200 MIDCAP 100 SMALLCAP 100 SMALLCAP 250 500 Maximum 99.50 111.97 157.48 162.26 171.21 116.27 Minimum (55.78) (59.89) (61.85) (72.20) (69.94) (60.32) Average 13.29 14.13 18.66 17.24 19.11 14.41 Down

  14. Slide 14: Under Researched Potential

    UNDER RESEARCHED POTENTIAL 33 Large Cap Average Analyst Coverage 15 Mid Cap Average Analyst Coverage 8 Small Cap Average Analyst Coverage • As on 31st August 2018. Data Source – Bloomberg • About 8 Midcap Stocks as per SEBI Classifica on are part of Ni y Small Cap 250 Index

  15. Slide 15: Under Ownership

    UNDER OWNERSHIP BSE 500 CONSTITUENTS - OWNERSHIP ANALYSIS Top 100 52.70 23.05 15.29 8.96 101-250 58.05 15.73 15.03 11.19 Above 250 52.46 13.94 16.91 16.69 Promoter holdings FII DII/Ins tu ons Retail FOREIGN INVESTOR EXPOSURE IS EVIDENTLY LOWER IN SMALL CAP COMPANIES - OPPORTUNITIES FOR EARLY PICKING

  16. Slide 16: Under Ownership

    UNDER OWNERSHIP OWNERSHIP PATTERN - MARKET CAP WISE LARGE CAP 53.57 22.59 14.95 8.89 MID CAP 57.84 16.28 14.75 11.14 SMALL CAP - ABOVE 5000 55.22 14.15 16.34 14.26 CR SMALL CAP - BETWN 2501 55.61 12.53 15.57 16.29 CR TO 5000 CR SMALL CAP - BETWN 1000 57.52 7.79 12.84 21.82 CR TO 2500 CR Promoter hol

  17. Slide 17: Small Cap Investing

    TATA SMALL CAP INVESTING FUND Strong Balance Sheet Niche & Scalable Promoter Business Ownership Model Corporate Governance Entrepreneur Led Business Valuations Representation in Indices

  18. Slide 18: Why Tata Small Cap Fund?

    WHY TATA SMALL CAP FUND? Actively managed Ideal for Investors Diligent Risk Small Cap Equity with Aggressive Management Fund Risk profile  Diversifica on across stocks/sectors  Closely monitors macro-  Aims to iden fy small cap economic environment stocks which might have  Liquidity of stocks play

  19. Slide 19: Investment Process

    INVESTMENT PROCESS Fundamental research-driven stock selection process • Long Term Opportunities • Strong Market Position Core Set of Stocks • Business with compounding characteristics 1 Efficiency in use of Capital 2 Governance Levels 5 Point Evaluation of 3 Earnings Growth Prospects stocks 4 Valuati

  20. Slide 20: Fund Facts

    FUND FACTS Scheme Name TATA SMALL CAP FUND NFO Dates Opens on 19th October, 2018. Closes on 2nd November, 2018 Investment Objecve The investment objec ve of the scheme is to generate long term capital apprecia on by predominantly inves ng in equity and equity related instruments of small cap compani

  21. Slide 21: Fund Manager – Chandraprakash Padiyar

    FUND MANAGER – CHANDRAPRAKASH PADIYAR Chandraprakash Padiyar joined Tata Asset Management as a Senior Fund Manager (Equi es), in September 2018. Chandraprakash previously worked with Alchemy Capital Management Pvt Ltd. as por olio manager for the onshore long-only strategies. Chandraprakash has over

  22. Slide 22: Risk Factor

    RISK FACTOR Mutual Fund Investments are subject to market risks, read all scheme related documents carefully Presentation as on 25th September, 2018

  23. Slide 23: Thank You

    Thank You Toll Free Number: 1800-209-0101 | SMS: TMF to 57575 | www.tatamutualfund.com

Tata Small Cap Fund — Investor Presentation (September 2018) on 6ix