NJ PMS Monthly Updates February 29, 2016
Movement In Equities Is the Function Of Underlying Profitability Months Sensex Value Sensex Earnings Feb-91 1,220.41 60.03 Feb-16 23,002.00 1,360.26 CAGR 13.01% 13.88% R-Square 0.95 Sensex Sensex Earning Jun-91 Mar-92 Dec-92 Sep-93 Jun-94 Mar-95 Dec-95 Sep-96 Jun-97 Mar-98 Dec-98 Sep-99 Jun-00 Mar-01 Dec-01 Sep-02 Jun-03 Mar-04 Dec-04 Sep-05 Jun-06 Mar-07 Dec-07 Sep-08 Jun-09 Mar-10 Dec-10 Sep-11 Jun-12 Mar-13 Dec-13 Sep-14 Jun-15 Source: BSE
Dynamic Asset Allocation Portfolio (DAAP)
DAAP Portfolio Current Asset Allocation (Equity:Debt) is 65:35 Scheme Name Weightage Fund Manager Kotak Select Focus Fund - Gr 15.00% Harsha Upadhyaya L&T India Special Situations Fund - Gr 5.00% Soumendra Nath Lahiri & Abhijeet Dakshikar* Mirae Asset India Opportunities Fund - Gr 15.00% Neelesh Surana & Sumit Agrawal Motilal Oswal MOSt Focused Multicap 35 Fund - Gr 15.00% Gautam Sinha Roy, Taher Badshah, Swapnil Mayekar* & # Abhiroop Mukherjee SBI Magum Multicap Fund - Gr 15.00% Richard D'souza DSP BR Money Manager Fund - Gr 2.50% Laukik Bagwe Reliance Arbitrage Advantage Fund - Gr 32.50% Omprakash Kuckian *Dedicated Fund Manager for Foreign Securities, # Dedicated Fund Manager for Debt Component
Timeline for AA Change in DAAP at various levels of NIFTY 500
Timeline of Asset Allocation Changes in DAAP Date Equity PE Nifty Debt (%) Nifty 500 Sensex (%) 500 07/07/2010 70 30 4,385.90 17,471.03 19.60 21/08/2010 60 40 4,629.55 18,401.82 21.42 04/10/2010 40 60 5,039.65 20,475.73 23.51 26/11/2010 55 45 4,677.50 19,136.61 21.03 11/02/2011 80 20 4,240.45 17,728.61 18.42 26/08/2011 90 10 3,851.55 15,848.83 15.91 15/02/2012 80 20 4,381.45 18,202.41 18.72 16/05/2012 90 10 3,871.40 16,030.09 16.73 24/08/2012 80 20 4,226.00 17,783.21 18.19 25/02/2013 85 15 4,611.65 19,331.69 17.79 07/08/2013 90 10 4,213.85 18,664.88 16.71 25/11/2013 85 15 4,716.00 20,605.08 18.06 26/02/2014 80 20 4,816.40 20,986.99 17.71 22/05/2014 60 40 5,841.30 24,374.40 20.78 25/08/2014 55 45 6,332.45 26,437.02 21.24 10/03/2015 40 60 7,141.70 28,709.87 24.68 12/02/2016 65 35 5,833.40 22,986.12 20.02 29/02/2016 65 35 5,829.95 23,002.00 20.64
NAV Movement Of The Model Portfolio of DAAP Inception Date is July 07, 2010; Returns are pretax and post expenses. Data as on February 29, 2016. Past performance may or may not be sustained in future.
Model Portfolio Performance Of DAAP Last 6M Last 12M Last 24M Last 36M Last 60M Since Inception DAAP -3.62-2.71 17.60 14.54 10.58 9.45 NIFTY 500 (BENCHMARK) S&P BSE SENSEX -12.59-19.14 9.63 9.19 6.53 5.16-12.48-21.28 4.35 6.83 5.23 4.99 Abs. Returns are as on February 29, 2016; Performance for more than a year is on CAGR basis; Inception Date is July 07, 2010 12M performance is between February 27, 2015 and February 29, 2016 Returns are pretax and post expenses. Past performance may or may not be sustained in future.
Model Portfolio Performance Of DAAP - Detailed Last 6M Last 12M Last 24M Last 36M Last 60M Since Inception Return (%) -3.62-2.71 17.60 14.54 10.58 9.45 DAAP Std. Deviation 0.37 0.41 0.49 0.62 0.69 0.67 Sharpe NA NA 9.83 6.01 3.42 2.89 NIFTY 500 (BENCHMARK) S&P BSE SENSEX Return (%) -12.59-19.14 9.63 9.19 6.53 5.16 Std. Deviation 1.01 1.07 0.98 1.01 1.03 1.03 Sharpe NA NA 2.34 2.11 1.13 0.62 Return (%) -12.48-21.28 4.35 6.83 5.23 4.99 Std. Deviation 1.01 1.05 0.96 1.01 1.04 1.04 Sharpe NA NA 0.41 1.03 0.70 0.56 Abs. Returns are as on February 29, 2016; Performance for more than a year is on CAGR basis; Inception Date is July 07, 2010 12M performance is between February 27, 2015 and February 29, 2016 Returns are pretax and post expenses. Past performance may or may not be sustained in future.
Model Portfolio Performance Of DAAP 20.00 18 15.00 15 10.00 5.00 10 9 4 7 11 7 9 5 5 5 0.00-5.00-4 -13-12 -3-19 -21 Last 6M Last 12M Last 24M Last 36M Last 60M Since Inception -10.00-15.00-20.00-25.00 DAAP NIFTY 500 S&P BSE SENSEX Abs. Returns are as on February 29, 2016; Performance for more than a year is on CAGR basis; Inception Date is July 07, 2010 Returns are pretax and post expenses. Past performance may or may not be sustained in future.
3 Years Rolling Return of DAAP vs NIFTY 500 (Benchmark) 100.00 80.00 60.00 DAAP Nifty 500 40.00 20.00 0.00-20.00 Jul/13 Sep/13 Nov/13 Feb/14 Apr/14 Jun/14 Aug/14 Nov/14 Jan/15 Mar/15 Jun/15 Aug/15 Oct/15 Jan/16 Rolling returns are till February 29, 2016 Returns are pretax and post expenses. Past performance may or may not be sustained in future.
3 Years Rolling Return of DAAP vs NIFTY 500 (Benchmark) 3 Year Rolling Return DAAP NIFTY 500 Total Observations 969 Average Abs. Returns 42.34 39.31 Std. Deviation 23.90 29.32 Maximum Return 81.11 90.60 Minimum Return -1.64-12.10 Negative Observations 9 143 Rolling returns are till February 29, 2016 Returns are pretax and post expenses. Past performance may or may not be sustained in future.
NJ PMS Product Features Minimum Investment per Client Rs. 25.25 Lacs and multiple of Re.1 thereafter Minimum Investment per Strategy Rs. 1 Lacs and multiple of Re.1 thereafter Mode Of Inflow Investment Management & Advisory Fees* Entry Fees Termination Charges Auditor's Fees Through Cheque 0.50% p.a. NIL 2% if redeemed within 365 days from the date of investment Rs. 1200 p.a. (approx.) * Service tax extra
Details of NJ PMS Provider
NJ Advisory Services Pvt. Ltd. - PMS Provider It is a subsidiary of NJ India Invest Private Limited. It obtained a certificate from SEBI dated December 22, 2009 to act as a Portfolio Manager. Registration No. INP000003518 AUM as on February 29, 2016 is Rs. 197.59 Crores with 920 live accounts
Advantages Of Portfolio Management Services through NJ Advisory Services Pvt Ltd. Strong Pedigree NJ India Invest Pvt. Ltd. as a Wealth Advisor manages AUA (Assets Under Advice) of around Rs. 24,000 Crores ( February 29, 2016) Customer Mandate gets pre-decided Convenience - Automated Execution by investment manager In-built Discipline conquers emotions and biases Investment based on Back Tested Asset Allocation Model Unbiased research for Scheme Selection Higher probability of getting better risk adjusted returns Higher probability of portfolio schemes to consistently remain in the top quartile in the universe
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