HDFC Nifty Next 50 Units Exchange Traded Fund · NSE:HDFCNEXT50

HDFC Nifty Next 50 Units Exchange Traded Fund — HDFC Capital Builder Value Fund — Investor Presentation (May 2018)

23 slides from HDFC Nifty Next 50 Units Exchange Traded Fund's investor presentation, May 2018

  1. Slide 1: Discover the true value, before the world does

    Discover the true value, before the world does. Presenting HDFC Capital Builder Value Fund^ (An open ended equity scheme following a value investment strategy) Please refer page 22 for product labelling ^IMPORTANT NOTE: Effective May 23, 2018 the fundamental attributes of HDFC Capital Builder Fund h

  2. Slide 2: Investment philosophy and approach

    HDFC CAPITAL BUILDER VALUE FUND Investment philosophy and approach The Scheme’s approach is opportunity dependent, primarily buying value stocks. Focus on undervalued stocks that are trading below intrinsic value, as measured by potential earnings or asset values, and/or future cash flow growth. Does

  3. Slide 3: A Value Investment Strategy

    HDFC CAPITAL BUILDER VALUE FUND A Value Investment Strategy No Sector bias Well diversified across sectors-with a bias towards attractive companies in each sector (Refer page 6). Value Bias The Scheme will generally maintain a minimum of 50% of the equity portfolio in stocks where - Trailing P/E (Pri

  4. Slide 4: Value biased

    HDFC CAPITAL BUILDER VALUE FUND Value biased What has worked ? • Bottom-up value stock picking across sectors has generated alpha over benchmark in 19 out of 24 financial years. (Refer page 9) • The fund has maintained a value bias and there is no material change in strategy post the scheme re-catego

  5. Slide 5: Risk Management through portfolio diversification

    HDFC CAPITAL BUILDER VALUE FUND Risk Management through portfolio diversification Consistent approach to diversification Average Top 10 Holding (%) since March 2015 = 41% Average Number of stocks since March 2015 = 54 Low portfolio concentration 5

  6. Slide 6: Risk management through wide sectoral diversification

    HDFC CAPITAL BUILDER VALUE FUND Risk management through wide sectoral diversification The Scheme has maintained exposure to at least 13 sectors in the benchmark (NIFTY 500) over last 4 fiscal years. Outperformance generated over benchmark (Refer page 9) without excessive risk owing to sectoral tilts.

  7. Slide 7: Diversification similar to the benchmark

    HDFC CAPITAL BUILDER VALUE FUND Diversification similar to the benchmark Average Deviation from benchmark less than +/- 2% in 13 out 18 sectors over last 16 quarters . Heat Map :- Sector Overweight/ Underweight vis-à-vis benchmark. Sectors Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 Dec-15 Mar-16 Jun-1

  8. Slide 8: A Consistent Performer

    HDFC CAPITAL BUILDER VALUE FUND A Consistent Performer* Internal study of Multi-Cap Funds* • 3 year and 5 year CAGR rolling returns on a daily basis analysed for the past 5 years for each day falling during the period 30th Apr 2013 to 30th Apr 2018 • Category median 3 and 5 year CAGR observed for ea

  9. Slide 9: Consistent Alpha generation and dividend declaration

    HDFC CAPITAL BUILDER VALUE FUND Consistent^ Alpha generation and dividend declaration ^Outperformance in 19 out of 24 financial years with consistent outperformance in last 11 years* Date Mar-95 Mar-96 Mar-97 Mar-98 Mar-99 Mar-00 Mar-01 Mar-02 Mar-03Mar-04 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Ma

  10. Slide 10: Consistently delivering positive returns over long term horizon

    HDFC CAPITAL BUILDER VALUE FUND Consistently delivering positive returns over long term horizon % of instances across return ranges Returns 1 Year 3 Years 5 Years 10 Years 15 Years CAGR(%) More than 20 43 42 33 53 46 More than 15 51 52 52 75 88 More than 10 59 67 74 94 100 More than 0 72 82 100 100

  11. Slide 11: Resilient performance across market volatility periods

    HDFC CAPITAL BUILDER VALUE FUND Resilient performance across market volatility periods 120% Outperformed Benchmark index (NIFTY 500) in 11 out of 12 periods. 100% 80% 60% 40% 20% 0% -20% Outperformed NIFTY 500 -40% Underperformed NIFTY 500 -60% -80% P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 P12 HDFC Capita

  12. Slide 12: Indian Economy: Strong fundamentals, improving growth outlook

    HDFC CAPITAL BUILDER VALUE FUND Indian Economy : Strong fundamentals, improving growth outlook FY13 FY14 FY15 FY16 FY17 FY18E FY19E FY20E GDP at market price (% YoY) 5.5 6.4 7.5 8.0 7.1 6.7 7.2 7.6 Centre's fiscal deficit (% GDP) 4.9 4.5 4.1 3.9 3.5 3.5 3.4 3.1 Current Account Deficit (CAD) (% GDP)

  13. Slide 13: Equity Markets Outlook – Strong earnings growth ahead

    HDFC CAPITAL BUILDER VALUE FUND Equity Markets Outlook – Strong earnings growth ahead Earnings outlook is improving with improvement in operating margins, peaking NPA’s and higher metal prices Successful resolution in NCLT will positively impact banks, private capex and steel etc. Markets are tradin

  14. Slide 14: P/E Expansion

    HDFC CAPITAL BUILDER VALUE FUND P/E Expansion Blended Forward PE Average Blended Forward P/E Average since Mar’05 = 14.5 Market P/E has witnessed expansion over the past 4 fiscal years on account of stronger macro economic fundamentals and favourable global cues. 14 Source: Bloomberg Data as on March

  15. Slide 15: Earnings Yield Minus 10 Year G-Sec

    HDFC CAPITAL BUILDER VALUE FUND Earnings Yield Minus 10 Year G-Sec EARNINGS YIELD MINUS 10 YR G-SEC IS BELOW LONG TERM AVERAGES Earnings Yield - 10 Yr G-Sec Average Although earnings yield to 10 Year G-Sec Yield spread is below long term average, the spread has reduced recently owing to reduction in

  16. Slide 16: A SIP of Rs 10,000 in HDFC Capital Builder Value Fund

    HDFC CAPITAL BUILDER VALUE FUND A SIP of Rs 10,000@ in HDFC Capital Builder Value Fund= Rs 4.47 cr^ Since SIP Investments 15 year SIP 10 year SIP 5 year SIP 3 year SIP 1 year SIP Inception Total Amount Invested (Rs.’000) 2,910.00 1,800.00 1,200.00 600.00 360.00 120.00 Market Value as on April 30, 20

  17. Slide 17: Portfolio Composition

    HDFC CAPITAL BUILDER VALUE FUND Portfolio Composition As on April 30, 2018 Particulars % To Net Assets Top 10 Equity And Equity Related Holdings 39.57% Total Equity & Equity Related Holdings 95.27% Cash, Cash Equivalents And Net Current Assets 4.73% Average Assets Under Management (Rs. In Crore)* 2,

  18. Slide 18: Scheme Facts

    HDFC CAPITAL BUILDER VALUE FUND Scheme Facts Type of Scheme An open ended equity scheme following a value investment strategy Inception Date (Date of allotment) February 01, 1994 Investment Objective To achieve capital appreciation/income in the long term by primarily investing in undervalued stocks

  19. Slide 19: Asset Allocation Pattern

    HDFC CAPITAL BUILDER VALUE FUND Asset Allocation Pattern Under normal circumstances, the asset allocation (% of net assets) of the Scheme’s portfolio will be as follows, with effect from May 23, 2018: Types of Instruments Total Assets (%) Risk Profile Equity and Equity related 65-100 High instruments

  20. Slide 20: Scheme Performance Summary

    HDFC CAPITAL BUILDER VALUE FUND Scheme Performance Summary Value of Rs 10,000 invested Addi�onal Addi�onal Scheme Benchmark Benchmark Benchmark Scheme Benchmark Returns (%) Returns (%) # (Rs)# Returns (%) ## (Rs)## Last 1 year 18.23 16.91 16.91 11,823 11,691 11,691 Last 3 years 15.16 13.40 10.89 15,

  21. Slide 21: Other scheme(s) managed by the fund manager

    HDFC CAPITAL BUILDER VALUE FUND Other scheme(s) managed by the fund manager Cumulative Performance Managing scheme 3 year 5 year since 1 year Scheme CAGR (in %) CAGR (in %) Miten Lathia manages 2 schemes HDFC Dynamic PE Ratio Fund of Funds # 27-Jun-14 - 5.90 9.74 9.74 NIFTY 50 Hybrid Composite Debt

  22. Slide 22: Product Labelling

    HDFC CAPITAL BUILDER VALUE FUND Product Labelling RISKOMETER This product is suitable for investors who are seeking*: To generate long-term capital appreciation / income in the long term Investment primarily in undervalued stocks *Investors should consult their financial advisers if in doubt about wh

  23. Slide 23: Disclaimer

    HDFC CAPITAL BUILDER VALUE FUND Disclaimer The presentation dated 29th May 2018 has been prepared by HDFC Asset Management Company Limited (HDFC AMC) based oninternal data, publicly available information and other sources believed to be reliable. Any calculations made are approximations,meant as gui

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