ADROIT FINANCIAL SERVICES PRIVATE LIMITED • The group's philosophy is entirely client centric, with a clear focus on providing long-term value addition to its clients. • We have a strong pan India presence in approximately 250 cities catering to over 50,000 clients. • Adroit was among the top 10 volume drivers in BSE cash segment in the year 2008-2009. Founded in 1994 • The group focuses on staying relevant within an industry that is constantly evolving.

Depository Investment IPO Distribution Advisory Trading commodity trading Equity Research currency futures Securities Broking PMS

We offer two types of investment accounts:  Discretionary: A discretionary account is one that allows a portfolio manager to buy and sell securities without the client’s consent. However, they still must make decisions in accord with the clients stated investment goals.  Non-Discretionary: A non-discretionary account is one where the client gives consent to portfolio manager before executing trade on a recorded line. selection and price orders will be advised by portfolio manager and will be duly discussed with client before trade.

Diversification• Diversification of of portfolio portfolio for for adequately adequately spreading spreading 1 equityequity related related risks risks.

Strong• Strong and and Active Active risk risk management management 2

Experienced• Experienced and and Professional Professional fund fund management management team team 3

Periodic• Periodic review active and review portfolio and portfoliorebalancing rebalancing Flexibility Flexibility 4 to toswitch switch strategy strategy or orplay play multiple multiple-strategies-strategies in portfolio.in portfolio

Minimum investment Rs. 50 lakh as per SEBI guidelines. INVESTMENT UNIVERSE

QUANTITATIVE SCREEN Emerging companies (focus on earnings, FCF, ROA & ROE) 500

Secular growth thesis, Discount to intrinsic value >30% FUNDAMENTAL 80-100Stocks ANALYSIS

High conviction Ideas, Superior risk adjusted Return characteristics FUND 15-25 Stocks PORTFOLIO

Minimum investment Rs. 50 lakh as per SEBI guidelines.

Merger  Impetus to medium-risk high-return stock, & by capturing the complete up moves in Acquisiti the stock on

 Adroit special situation portfolio usually Event Driven & Opportunistic in nature.

 Special situation investments are most visible with equities, but behind the scenes

 Contrarian at times, investing in less known & less-popular businesses having Debt potential to deliver much superior returns Re- Structuri ng We Believe  Financial Markets are slow or inefficient to recognize or factoring disruptive innovation  The impact of unanticipated change is often overlooked which can lead to a gap between market expectations and actual growth potential  Deal values of investments and Merger & Acquisitions, at an aggregate level, stood at little over $80 billion in 2020 as compared to $74.8 billion in 2019, up by around seven per cent. Around 25 per cent of this deal value could be attributed to sizable inbound investments in Jio Platforms.

 Strategic deals ( [M&A]) accounted for over 50% of the total deal value this year, while private equity (PE) activity kept pace with last year, recording investments worth $38.2 billion, according to PWC's Deals in India: Annual review and outlook for 2021 report.

 Covid-19 impact: Edtech, gaming companies ad volumes up sharply in pandemic.

 A number of organisations were looking to hive-off non-core assets or distressed segments in an effort to enhance or retain profitability, creating a number of M&A opportunities.

 Telecom replaced technology in the top position by attracting investments worth $11.2 billion. The retail sector was another new entrant, attracting investments worth $6.5 billion. Both sectors recorded increased levels of investment mainly on account of large- scale investments in Reliance Group entities. Technology recorded investments totaling a little under $6 billion. Online service aggregators accounted for the majority of the investments in the tech space.  Consolidation was a major driver for deal activity this year and will form an integral part of M&A in 2021, possibly driving the emergence of new and larger Indian corporations in years to come. While PE witnessed a subdued first half in 2020, activity has picked up and PE funds are anticipating a bumper year in 2021. Source: Bernstein, Bloomberg Data as on 30th October 2020  *Sun Art is mix of online & offline grocery retail  of Ant Financials is based on IPO price  Yuanfudao is not listed. For all unlisted players valuation is as of last funding date  Source: Bernstein, Bloomberg  Data as on 20th November, 2020 SEBI Registered

Open Ended

Minimum Investment 50 Lacs

Services 1. Discretionary 2. Non-Discretionary 3. Advisory

Benchmark NIFTY500 • Buy stocks meeting the evaluation process and conviction level of fund managers on the business of the company

• Diversification of portfolio across sectors and businesses for balancing the risk

• Disciplined, long term & patient portfolio management approach

• Active Portfolio management with continuous risk management of the portfolio along with realigning it with newer opportunities for superior returns

Exit Strategies

• When the assumptions with which the stock was purchased in the first place are no longer valid • When the stock’s price goes well beyond what we think it is worth • When for the same perceived level of risk, we spot a superior opportunity • When there is a redemption request Nature of Fees

Portfolios Special Situation

It is an investment strategy typically relate to companies under which an event turning business to go not as usual and Description materially impacting a company's value, such as possibility of any Merger & Acquisition.

Minimum Investment 50 Lakhs INR

Risk Appetite High

Exit Loads Upto 1 Year : 3% , Year 1-2 : 2% , Year 2-3 : 1%

Management Fees 2% of AUM p.a.

0.5% of AUM p.a. Misc. Charges

Market cap Bias ~ 1000 Cr INR (& above)

Max. Sector Concentration 40% Scenario Analysis

Fixed Charges(2% P.A. on AUM) Gain of 20% Loss of 20% No Change

Nature of Fees Amount in Rs. Amount in Rs. Amount in Rs.

Capital Contribution 50,00,000 50,00,000 50,00,000

Gain/loss 20% or No change 10,00,000 -10,00,000 0

Gross Value of the portfolio 60,00,000 40,00,000 50,00,000

Less: Fixed Management Fees (2% per annum) (a) 1,20,000 80,000 1,00,000

Less: Other Expenses (0.5% per annum) (b) 30,000 20,000 25,000

Gross Value of the portfolio less Expenses 58,50,000 39,00,000 48,75,000

Total charges during the year (a+b) 1,50,000 1,00,000 1,25,000

% change over capital contributed 17% -22% -2.50% Amit Kumar Gupta, Portfolio manager, Adroit PMS has extensive experience of the complete investing lifecycle across capital allocation, portfolio construction, position sizing, portfolio management and timing of exits. During his investing career, he has built deep understanding of diverse sectors like Pharma, Chemicals, IT services, consumer, engineering, infra, auto & ancillaries, cement, etc. His personal interest is in exploring water based investing opportunities.

He aims to generate attractive absolute risk adjusted return over the long term by investing only in high quality listed companies run by honest and competent management teams at valuations that offer significant margin of safety. This is done by following a rigorous research and due diligence process to evaluate business and management quality and then patiently wait to invest in high quality companies at attractive valuations that lowers risk of not only permanent capital loss but also sub par returns.

He has a MBA from Queensland University of Technology (QUT) and B.E in Computer Science from NSIT, Delhi. He has been actively managing his personal portfolio of investments in India listed companies since 2004. Portfolio Manager Amit Kumar Gupta ([email protected])

Portfolio Coordinator Kamakshi Gupta Call : +919810736756 or Email : [email protected]

ADROIT FINANCIAL SERVICES PRIVATE LIMITED 401-402, Fourth Floor Angel Mega Mall, Kaushambi, Ghaziabad, U.P. – 201010 Phone: +91-0120-4550300, 2817800-99 Fax: +91-120-2773056 Thank You Adroit Portfolio Management Services SEBI Reg No: INP000005349

Investing in securities involves risks. The value of the portfolios may fluctuate and can go up or down. Prospective investors are advised to carefully review the related documents carefully and in its entirety and consult their legal, tax and financial advisors to determine possible legal, tax and financial or any other consequences of investing under this Portfolio, before making an investment decision. The value of the portfolio may be affected by factors affecting financial markets, such as price and volume, volatility in interest rates, currency exchange rates, changes in regulatory and administrative policies of the Government or any other appropriate authority (including tax laws) or other political and economic developments. Consequently, there can be no assurance that the objective of the Portfolio would be achieved. The portfolios composition is subject to change and itmay not have any future positions in the Stock(s)/Sector(s) mentioned in the document. The benchmark of the portfolios can be changed from time to time in the future. Trading volumes, settlement periods and transfer procedures may restrict the liquidity of investments in portfolios. Individual returns of Clients for a particular portfolio type may vary significantly from the data on performance of the portfolios depicted in this material. This is due to factors such as timing of entry and exit, timing of additional flows and redemptions, individual client mandates, specific portfolio construction characteristics or structural parameters, which may have a bearing on individual portfolio performance. Neither the Portfolio Manager, M/s Adroit Financial Services Private Limited or any of its officers, directors, personnel and employees shall be in any way liable for any variations noticed in the returns of individual portfolios. Actual future gains or losses could materially differ from those that have been estimated. The recipient(s) alone shall be fully responsible/are liable for any decision taken on the basis of this material. All recipients of this material should before dealing and/or transacting in any of the products referred to in this material make their own investigation, seek appropriate professional advice. The investments discussed in this may not be suitable for all investors. Financial products and instruments are subject to market risks and yields may fluctuate depending on various factors affecting capital/debt markets. There is no assurance or guarantee that the objectives of the portfolio will be achieved. Please note that past performance of the financial products, instruments and the portfolio does not necessarily indicate the future prospects and performance thereof. Such past performance may or may not be sustained in future. Portfolio Manager’s investment decisions may not be always profitable, as actual market movements may be at variance with anticipated trends. The investors are not being offered any guaranteed or assured returns. The AMC may be engaged in buying/selling of such securities. In the preparation of this material the company has used information that is publicly available, including information developed in-house. We do not the accuracy, reasonableness and/or completeness of any information. For data reference to any third party in this material no such party will assume any liability for the same. Actual results may differ materially from those suggested by the forward looking statements due to risk or uncertainties associated with our expectations.