OVERVIEW
Building on our fund management capabilities on AUM in excess of USD 200 million, we launched an offshore fund called Assetica India Equity Fund in October 2014. Registered in Mauritius, this fund is advised by the Investment Management Team of Jain Investment Advisors.
The reason for launching the fund was in response to the interest shown by wealth advisors who wanted to offer access to Jain's portfolio strategies to their international clients and financial institutions looking at India as a great long term Investment & Growth destination. The fund started building its track record since October 2014 and, subsequent to the performance delivery, is now looking to provide a successful, well established, dedicated vehicle, on ground expertise, solid fundamental research capabilities to international clientele (Single Family Offices, Multi Family Offices, Wealth Managers, Financial Institutions, UHNW individuals – qualifying as Accredited Investors).
A long only fund, it invests in Indian listed companies and holds concentrated positions in conviction names benefitting from margin reversions and operating leverage. The fund follows a bottom up stock approach and invests in companies with proven ability to navigate economic cycles to the benefit of shareholders. The fund discloses a daily NAV.
We believe India will be the centre stage for global investors and they will greatly benefit from this big trend by investing in Assetica India Equity Fund.