Nippon Life India Asset Management Ltd. · NSE:NAM_INDIA
Nippon Life India Asset Management — Investor Presentation (August 2024)
42 slides from Nippon Life India Asset Management's investor presentation, August 2024
Slide 1: Nippon India Multi Asset Allocation Fund
Data Classification: Internal Use Only Nippon India Multi Asset Allocation Fund (An open ended scheme investing in Equity, Debt and Exchange Traded Commodity Derivatives and Gold ETF & Silver ETF)
Slide 2: Over the last decade we have seen divergent returns among Asset classes
Data Classification: Internal Use Only Over the last decade we have seen divergent returns among Asset classes
Slide 3: Winners keep changing among Asset classes
Data Classification: Internal Use Only Winners keep changing among Asset classes Top Performers: Different Asset Classes Equity – 4 years outperform in Gold* - 4 years different years. Debt – 2 years Note: 1) *Gold Futures prices from MCX; 2) For Equity, BSE 100 TRI returns are considered; 3) For De
Slide 4: And even within asset classes
Data Classification: Internal Use Only And even within asset classes Returns(%) Equity Even within asset classes there is significant Debt Returns variation in returns. (%) Top Performers in Top Performers in Debt: Equities: • Short Term Debt – 6 • Large Caps - 3 years years • Mid Caps - 2 years • L
Slide 5: Asset Allocation is considered to be the Key to Long term wealth creation
Data Classification: Internal Use Only Asset Allocation is considered to be the Key to Long term wealth creation It is the asset allocation that makes the difference in the long-term Stock Selection & Others 10% Asset Allocation 90% More than 90% of the portfolio returns are based on asset allocatio
Slide 6: Benefits of Asset Allocation
Data Classification: Internal Use Only Benefits of Asset Allocation Asset classes follow different cycles over 1 different time periods It is difficult to predict which Asset class will 2 outperform Asset allocation is the key driver of portfolio 3 returns 4 Helps in Portfolio Diversification 5 Lead
Slide 7: Presenting Nippon India Multi Asset Allocation Fund (NIMAAF)
Data Classification: Internal Use Only Presenting Nippon India Multi Asset Allocation Fund (NIMAAF) (An open ended scheme investing in Equity, Debt and Exchange Traded Commodity Derivatives and Gold ETF & Silver ETF) A one stop solution which may help to reap benefit of Growth of Equity, Stability o
Slide 8: Investment Objective & Asset Allocation
Data Classification: Internal Use Only Investment Objective & Asset Allocation The primary investment objective of Nippon India Multi Asset Allocation Fund is to seek long term capital growth by investing in equity and equity related securities, debt & money market instruments and Exchange Traded Co
Slide 9: Current Investment Strategy
Data Classification: Internal Use Only Current Investment Strategy - Bottom up stock selection approach across market caps and sectors. Equity and Equity - Blended investment approach related securities (50%-80%) (including - Focus on the scalability of the business model overseas - Investment acros
Slide 10: Correlation between Asset classes
Data Classification: Internal Use Only Correlation between Asset classes Domestic Overseas Correlation Debt Commodity Equity Equity Domestic Equity 1.00 0.50 -0.05 0.41 Overseas Equity 1.00 0.07 0.29 Debt 1.00 -0.73 Commodities 1.00 Weak or negative correlation between asset classes helps in Portfol
Slide 11: Current Investment Strategy
Data Classification: Internal Use Only Current Investment Strategy
Slide 12: Equities and Equity related securities
Data Classification: Internal Use Only Equities and Equity related securities
Slide 13: Domestic Equity Investment
Data Classification: Internal Use Only Domestic Equity Investment The fund primarily invests into Domestic equities and equity related securities. For diversification purpose, the fund may have allocation into Overseas equities/overseas ETFs as per market conditions and prevailing regulations. Stock
Slide 14: Domestic Equity - Investment Framework
Data Classification: Internal Use Only Domestic Equity - Investment Framework • Lower Active Share^ • Deviation from Benchmark in the Top Sectors • Banks & Financials – not more than 25% • Energy, IT and FMCG – not more than 40% • Stock Concentration* • Not more than 4% in any C rated stocks • Cumul
Slide 15: Overseas Equities/Overseas ETFs
Data Classification: Internal Use Only Overseas Equities/Overseas ETFs
Slide 16: Overseas Equity Investment
Data Classification: Internal Use Only Overseas Equity Investment Overseas Equity/Overseas ETFs investment could act as an effective diversification tool as well MSCI World Index will be as benefit from any the investment universe. It currency depreciation tracks performance of stocks/sectors across
Slide 17: Asset Allocation beyond Equity & Debt: Commodity an important tool for Diversification
Data Classification: Internal Use Only Asset Allocation beyond Equity & Debt: Commodity an important tool for Diversification
Slide 18: Commodities – A Distinct & Unique Asset Class
Data Classification: Internal Use Only Commodities – A Distinct & Unique Asset Class Upside Potential owing to Considered as Safe Haven inherent demand during Economic Distress Hedge against Currency Hedge against Inflation Depreciation Diversification within commodities – Metals, Offers Portfolio E
Slide 19: Key Triggers for Commodities
Data Classification: Internal Use Only Key Triggers for Commodities Weak Dollar High Inflation High Bond Yields Key Drivers Prices < Production Cost of Commodity Current Demand > Supply Prices Future Demand > Future Supply Geopolitical/ Environmental Disruptions Source: NIMF Internal Research
Slide 20: Participation of MFs in Commodity Derivatives
Data Classification: Internal Use Only Participation of MFs in Commodity Derivatives Underlying • Exchange Traded Commodity Derivatives (ETCDs) Instrument • Cumulative Exposure across Commodities upto 30% • Exposure to a Single Commodity upto 10% except for Exposure Limits Gold ETF • No Net Short Po
Slide 21: Commodity Investment Framework
Data Classification: Internal Use Only Commodity Investment Framework Flexibility to invest in multiple Investment will be Gold$ will be a key Commodities# to predominantly diversifier given provide into Gold low correlation to diversification ETF/Silver Equity & Debt even within ETF/ETCD. commoditi
Slide 22: Fixed Income Investment Framework
Data Classification: Internal Use Only Fixed Income Investment Framework Debt portfolio is managed with a moderate duration profile, following a duration range of 2 – 4 years. Predominantly invest in Good credit quality assets Issuer: LT rating min 85% AAA, rest AA+ & AA Instrument: AAA/ A1+ >=85%,
Slide 23: Investment Rationale
Data Classification: Internal Use Only Investment Rationale Fund seeks to provide diversification across asset classes Fund also offers diversification with an aim to provide better risk under respective asset classes adjusted returns A one stop solution which may Aim to benefit from Tax efficiency
Slide 24: Taxation of Capital Gain for the Scheme
Data Classification: Internal Use Only Taxation of Capital Gain for the Scheme Scheme Date of STCG Period of Holding LTCG Category Investment LTCG Earlier Now Earlier$ Now Earlier Now Multi Asset Any Allocation Fund Applicable Applicable 36 24 20% with 12.5% rates rates months months Indexatio n $ F
Slide 25: Portfolio Details
Data Classification: Internal Use Only Portfolio Details
Slide 26: Asset Allocation (As on August 31, 2024)
Data Classification: Internal Use Only Asset Allocation (As on August 31, 2024) For complete details on portfolio, please visit website mf.nipponindiaim.com
Slide 27: Top 10 Holdings & Sectors (As on Aug 31, 2024)
Data Classification: Internal Use Only Top 10 Holdings & Sectors (As on Aug 31, 2024) Top 10 Holdings Weightage Top 10 Sectors Weightage HDFC Bank Limited 2.80% Banks 10.16% ICICI Bank Limited 2.55% IT - Software 4.60% Infosys Limited 2.42% Finance 4.02% Reliance Industries Limited 2.21% Automobiles
Slide 28: Scheme performance (As on Aug 31, 2024)
Data Classification: Internal Use Only Scheme performance (As on Aug 31, 2024) Performance as on Aug 31, 2024 B: Benchmark, AB: Additional Benchmark, TRI: Total Return Index TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividen
Slide 29: Performance of other funds managed by the Fund Manager
Data Classification: Internal Use Only Performance of other funds managed by the Fund Manager
Slide 30: Performance of Schemes managed by Ashutosh Bhargava
Data Classification: Internal Use Only Performance of Schemes managed by Ashutosh Bhargava Mr. Ashutosh Bhargava has been managing Nippon India Balanced Advantage Fund since May 2018, Nippon India Retirement Fund Income Generation and Wealth Creation since Apr 2024, Nippon Equity Savings Fund since
Slide 31: Performance of Schemes managed by Vikram Dhawan
Data Classification: Internal Use Only Performance of Schemes managed by Vikram Dhawan Mr. Vikram Dhawan has been managing Nippon India ETF Gold BeES since Feb 2022 and Nippon India Silver ETF since Feb 2022 Past performance may or may not be sustained in future and the same may not necessarily prov
Slide 32: Performance of Schemes managed by Sushil Budhia
Data Classification: Internal Use Only Performance of Schemes managed by Sushil Budhia Mr. Sushil Budhia has been managing Nippon India Asset Allocator FoF since Mar 2021, Nippon India Equity Hybrid Fund since Feb 2020, Nippon India Balanced Advantage Fund since Mar 2021, Nippon India Short Term Fun
Slide 33: Performance of Schemes managed by Kinjal Desai
Data Classification: Internal Use Only Performance of Schemes managed by Kinjal Desai Ms. Kinjal Desai has been managing Nippon India US Equity Opportunities Fund since May 2018, Nippon India Taiwan Equity Fund since Dec 2021, Nippon India Japan Equity Fund since May 2018 and Nippon India ETF Hang S
Slide 34: Product Labels
Data Classification: Internal Use Only Product Labels
Slide 35: Product Labels
Data Classification: Internal Use Only Product Labels
Slide 36: Product Labels
Data Classification: Internal Use Only Product Labels
Slide 37: Product Labels
Data Classification: Internal Use Only Product Labels
Slide 38: Product Labels
Data Classification: Internal Use Only Product Labels
Slide 39: Product Labels
Data Classification: Internal Use Only Product Labels
Slide 40: Scheme Features
Data Classification: Internal Use Only Scheme Features Scheme Name Nippon India Multi Asset Fund An open ended scheme investing in Equity, Debt and Exchange Traded Type of Scheme Commodity Derivatives and Gold ETF 50% of S&P BSE 500 TRI, 20% of MSCI World Index TRI, 15% of Crisil Short Benchmark Ter
Slide 41: Disclaimer
Data Classification: Internal Use Only Disclaimer The information herein is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers Certain factual and
Slide 42: Thank you for your time!
Data Classification: Internal Use Only Thank you for your time!
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