WEARS THE CAP THAT SUITS THE OCCASION

Transcription

1 MULTICAP FUND (An open ended equity scheme investing across large cap, mid cap, small cap stocks) WEARS THE CAP THAT SUITS THE OCCASION Tata Multicap Fund aims to fit into the right role across market situations. It remains prepared and agile to invest across diversified large, mid and small cap stocks. This product is suitable for investors who are seeking*: Capital Appreciation over medium to long term. Investment in a diversified portfolio consisting of equity and equity related instruments across market capitalization. * Investors should consult their financial advisors if in doubt about whether the product is suitable for them. th NFO OPENS : 17 AUGUST, 2018 st NFO CLOSES : 31 AUGUST, 2018

2 LONG TERM PERFORMANCE Years Market Movement Ni y 50 BSE Sensex BSE 200 BSE Midcap BSE Smallcap BSE 500 NIFTY 50 BSE SENSEX BSE 200 BSE MIDCAP BSE SMALLCAP BSE 500 RETURNS (CAGR) 12% 12% 12% 10% 9% 12% OVER THE EXTENDED LONG-TERM, ALL INDICES HAVE TENDENCY TO DELIVER SIMILAR RETURNS Source: Bloomberg, 16th Sep, 2005 to 28th June, Past performance may or may not be sustained in future.

3 NO ONE IS ALWAYS A WINNER! BEST PERFORMERS WORST PERFORMERS CY06 40% 33% 33% 33% 25% 23% CY07 74% 71% 64% 61% 55% 47% CY08-51% -51% -56% -57% -67% -68% CY09 109% 102% 85% 84% 76% 71% CY10 18% 18% 18% 17% 17% 17% CY11-25% -25% -27% -28% -35% -37% CY12 40% 38% 32% 32% 28% 26% CY13 8% 6% 4% 2% -6% -10% CY14 63% 55% 37% 36% 31% 30% CY15 8% 6% -1% -1% -4% -5% CY16 8% 4% 4% 3% 2% 2% CY17 58% 47% 35% 32% 28% 27% CY18 5% 3% -1% -3% -13% -17% BSE SENSEX BSE 200 BSE MIDCAP NIFTY 50 BSE 500 BSE SMALLCAP Source: Bloomberg, 1st Jan, 2006 to 28th June, 2018 Past performance may or may not be sustained in future. NOT A SINGLE INDEX HAS DELIVERED CONSISTENT RETURN. WINNERS AND LOSERS KEEP CHANGING EVERY YEAR, HEREIN LIES THE OPPORTUNITY!

4 NEW REGULATIONS SEBI in a welcome move, has provided clear mandate for funds in each category to follow. It further, differen ated stocks in their respec ve market cap category and funds have to review por olio every month and align it according to the given mandate. Stocks Categorized by new Regula on as follows: Large Caps 1 st 100 stocks by their 49% of current MF Equity AUM Mid Caps 101 st to 250 th stocks by their 26% of current MF Equity AUM Small Caps Beyond 250 th stock by their 4% of current MF Equity AUM Too much money, chasing very few stocks! Source: MFI Explorer & AMFI. AUM data and stock Mcap classifica on is as on 29th June, 2018

5 WHAT'S THE SOLUTION? Extended long period index performances are same Alpha genera on via stable category not easy Single market cap focus never performs consistently So should one keep switching investments to make best out of respec ve markets???

6 CASE FOR MULTI CAPS RESILIENCE TO VOLATILITY YoY comparative performance ranks YEAR BSE SENSEX NIFTY 50 BSE 500 BSE MIDCAP BSE SMALLCAP CY CY CY CY CY CY CY CY CY CY CY CY CY Source: Bloomberg, 16th Sep, 2005 to 28th June, 2018 BSE 500, larger benchmark, has had less vola lity in performance compared to other indices Further, being able to catch the right trend may deliver even be er returns

7 RISK RETURN TRADE OFF Returns 1 Year 3 Years 5 Years 10 Years Ni y 50 BSE 500 BSE Midcap BSE Smallcap 23% 18% 13% 8% 3% Risk 1 Year 3 Years 5 Years 10 Years Ni y 50 BSE 500 BSE MIdcap BSE Smallcap MULTICAP, REPRESENTED BY BSE 500, OFFERS SIMILAR OR LESS RISK WHILE DELIVERING CONSISTENT RETURN OVER DIFFERENT TIME FRAMES COMPARED TO LARGE CAPS Source: Bloomberg & MFI, 29th June, The returns are average of daily rolling returns. ^Risk is calculated as Standard devia on based on daily returns. Past performance may or may not be sustained in future

8 QUALITY VS SIZE No of companies which lost Large Cap Status since 2013 No of companies which gained Mid Cap Status since Mid Cap Small Cap 23 Large Cap Small Cap Source: Bloomberg & AMFI, Current Market cap is as on June, 2018 QUALITY OF THE BUSINESS IS OF PRIME IMPORTANCE WHILE PICKING STOCKS, RATHER THAN THE STARTING MARKET CAPITALIZATION OF THE STOCKS.

9 GOOD TO GREAT! in ,171 Crs 415x growth in ,924 Crs 34% CAGR price growth in Crs 377x growth in ,881 Crs 173% CAGR price growth Quality of Business of the Company Source: Bloomberg, 28th June, The Stocks men oned herein are for illustra ve purpose only and not a complete disclosure of every material fact. It should not be Construed as investment advice to any party. Tata Mutual Fund Schemes may or may not be holding above men oned companies in their por olios. Past performance may or may not be sustained in future.

10 GREAT TO BAD! in ,323 Crs 98x degrowth in ,128 Crs -84% CAGR price growth in ,829 Crs -96x degrowth in ,505 Crs -70% CAGR price growth Quality of Business of the Company Source: Bloomberg, 28th June, The Stocks men oned herein are for illustra ve purpose only and not a complete disclosure of every material fact. It should not be Construed as investment advice to any party. Tata Mutual Fund Schemes may or may not be holding above men oned companies in their por olios. Past performance may or may not be sustained in future.

11 WHY MULTI CAP NOW? India s Growth Story According recent IMF projec on, India is pegged to be world's fastest growing economy* India's growth story may provide opportuni es for many quality Mid & Smaller companies to become large caps SEBI Regula on Post SEBI standardizing the classifica on of fund categories, Mul cap funds remain unconstrained and can capture opportuni es across market segments So, Investors don't have to keeps switching funds every me market dynamic changes Valua ons We believe, markets are currently at reasonable valua ons, providing an opportunity to build a diversified por olio * IMF s World Economic Outlook

12 WEARS THE CAP THAT SUITS THE OCCASION INTRODUCING TATA MULTICAP FUND (An open ended equity scheme inves ng across large cap, mid cap, small cap stocks)

13 WHY TATA MULTICAP FUND? Ac vely managed Diversified Equity Fund Closely monitors macro-economic environment and other major industry drivers Ac ve alloca ons across different sectors and market cap segment Ideal for Investors looking for Diversified Por olio Places high importance on fundamental strengths of the business and company Por olio of well Researched companies Aim to be present in the right side of the market Diligent Risk Management Diversifica on across stocks/sectors Liquidity of stocks play an important role in risk management Regular monitoring of Exposure limits

14 INVESTMENT PHILOSOPHY Will have a diversified por olio, with no market cap bias Fund will follow blend of both 'value' and 'growth' style of inves ng depending upon market environment & opportuni es Capture the mul -baggers by staying through their market cycle Will place high importance on fundamental strengths of the company and the underlying business Emphasis on well managed, good quality companies with above average growth prospects The Scheme would invest in companies based on: Sound professional management Track record Industry scenario Growth prospects Liquidity

15 INVESTMENT PROCESS Fundamental research-driven stock selec on process Core Set of Stocks Long Term Opportuni es Strong Market Posi on Business with compounding characteris cs 1 Efficiency in use of Capital 2 Governance Levels 3 Earnings Growth Prospects 4 Valua ons 5 Liquidity 5 Point Evalua on of stocks Tac cal Opportunity Set Aims for be er risk adjusted performance

16 FUND FACTS Scheme Name NFO Dates Investment Objec ve Type of Scheme Fund Manager Benchmark Min. Investment Amount Load Structure Plans & Op ons TATA MULTICAP FUND Opens on 17th August, Closes on 31st August, 2018 (15 Days) The investment objec ve of the Scheme is to generate capital apprecia on over medium to long term. However, there is no assurance or guarantee that the investment objec ve of the Scheme will be achieved. The scheme does not assure or guarantee any returns. An open ended equity scheme inves ng across large cap, mid cap, small cap stocks Sonam Udasi S&P BSE 500 Index TRI ` 5,000/- and in mul ple of ` 1/- therea er Entry Load: Nil; Exit Load: 1% of the applicable NAV, if redeemed on or before expiry of 18 months from the date of allotment. Regular & Direct Plans with Growth & Dividend Op ons

17 PERFORMANCE DATA OF SCHEMES MANAGED BY SONAM UDASI Data as on 30th June, 2018 TATA EQUITY P/E FUND S&P BSE SENSEX TRI * Period Return % Rs. Return % Rs. 1 Year 10.33% 11, % 11,596 3 Year 15.92% 15, % 13,275 5 Year 25.18% 30, % 19,572 Since Incep on 20.44% 135, % 85,762 Incep on Date 29-Jun-04 Managing Since 01-Apr-16 TATA BANKING AND FINANCIAL SERVICES FUND NIFTY FINANCIAL SERVICES TRI * NIFTY 50 TRI # Period Return % Rs. Return % Rs. Return % Rs. 1 Year 9.10% 10, % 11, % 11,409 3 Year NA NA NA NA NA NA 5 Year NA NA NA NA NA NA Since Incep on 25.24% 17, % 16, % 13,988 Incep on Date 28-Dec-15 Managing Since 01-Apr-16 TATA INDIA CONSUMER FUND NIFTY INDIA CONSUMPTION TRI * NIFTY 50 TRI # Period Return % Rs. Return % Rs. Return % Rs. 1 Year 26.98% 12, % 11, % 11,409 3 Year NA NA NA NA NA NA 5 Year NA NA NA NA NA NA Since Incep on 26.44% 17, % 14, % 13,988 Incep on Date 28-Dec-15 Managing Since 01-Apr-16 Past performance may or may not be sustained in future.

18 PERFORMANCE DATA OF SCHEMES MANAGED BY SONAM UDASI Data as on 30th June, 2018 TATA RETIREMENT SAVINGS FUND - CONSERVATIVE PLAN CRISIL SHORT TERM DEBT HYBRID FUND INDEX * CRISIL 10 YR GILT INDEX # Period Return % Rs. Return % Rs. Return % Rs. 1 Year 4.47% 10, % 10, % 9,645 3 Year 8.32% 12, % 12, % 11,854 5 Year 10.88% 16, % 16, % 12,921 Since Incep on 10.08% 18, % 18, % 15,690 Incep on Date 01-Nov-11 Managing Since 01-Apr-16 TATA RETIREMENT SAVINGS FUND - MODERATE PLAN CRISIL HYBRID AGGRESSIVE INDEX S&P BSE SENSEX TRI # Period Return % Rs. Return % Rs. Return % Rs. 1 Year 12.13% 11, % 10, % 11,596 3 Year 12.88% 14, % 13, % 13,275 5 Year 20.64% 25, % 19, % 19,572 Since Incep on 17.63% 29, % 22, % 22,335 Incep on Date 01-Nov-11 Managing Since 01-Apr-16 TATA RETIREMENT SAVINGS FUND - PROGRESSIVE PLAN S&P BSE SENSEX TRI * Period Return % Rs. Return % Rs. 1 Year 14.57% 11, % 11,596 3 Year 15.89% 15, % 13,275 5 Year 20.33% 25, % 19,572 Since Incep on 17.21% 28, % 22,335 Incep on Date 01-Nov-11 Managing Since 01-Apr-16 Past performance may or may not be sustained in future.

19 PERFORMANCE DATA OF SCHEMES MANAGED BY SONAM UDASI TATA YOUNG CITIZENS FUND CRISIL HYBRID AGGRESSIVE INDEX Data as on 30th June, 2018 CRISIL 10 YR GILT INDEX # Period Return % Rs. Return % Rs. Return % Rs. 1 Year 4.46% 10, % 10, % 9,645 3 Year 7.37% 12, % 13, % 11,854 5 Year 11.59% 17, % 19, % 12,921 Since Incep on 12.82% 154,869 NA NA NA NA Incep on Date 14-Oct-95 Managing Since 01-Apr-16 TATA INDEX FUND - NIFTY PLAN NIFTY 50 TRI * Period Return % Rs. Return % Rs. 1 Year 13.19% 11, % 11,409 3 Year 8.90% 12, % 13,309 5 Year 12.88% 18, % 19,507 Since Incep on 16.50% 104, % 126,098 Incep on Date 25-Feb-03 Managing Since 01-Apr-16 TATA INDEX FUND - SENSEX PLAN S&P BSE SENSEX TRI * Period Return % Rs. Return % Rs. 1 Year 15.12% 11, % 11,596 3 Year 8.86% 12, % 13,275 5 Year 12.88% 18, % 19,572 Since Incep on 16.28% 101, % 126,512 Incep on Date 25-Feb-03 Managing Since 01-Apr-16 Past performance may or may not be sustained in future.

20 DISCLAIMERS 1. Returns as on 30th June, Scheme returns in terms of CAGR are provided for past 1 year, 3 years, 5 years and since incep on. 3. Point-to-point returns on a standard investment of Rs. 10,000/- are in addi on to CAGR for the schemes. 4. Different plans shall have a different expense structure. The performance details provided herein are of regular plan growth op on. 5. NA stands for schemes in existence for more than 1 year but less than 3 years, data are not available for the period. 6. Period for which schemes performance has been provided is computed basis last day of the month -end preceding the date of adver sement. 7. Past performance may or may not be sustained in future. Load is not considered for computa on of returns. Schemes (Tata Value Fund Series 1 & 2) in existence for less than 1 year, performance details for the same are not provided. Total Return Variant (TRI) of the benchmark index has been used for performance computa on of all schemes. 8. The last 2 columns represents addi onal benchmark wherever applicable. 9. *Scheme Benchmark, # Addi onal Benchmark. 10. Presenta on as on 30th June 2018 Mutual Fund Investments are subject to market risks, read all scheme related documents carefully Toll Free Number: SMS: TMF to