Investment Opportunities

October 2023
Extensive Products Suites

2
Investment Opportunities
EXTENSIVE PRODUCT SUITES
EQUITY – PORTFOLIO MANAGEMENT SERVICES
FOCUSED MUTUAL FUNDS
 Focus Discretionary PMS
 Purnartha Investment Advisory – Sampurna INSURANCE
 PMS Performances as on 30th September 2023
 Life Insurance
 JM Apex
General and Health Insurance
 JM IRP III
CORPORATE FIXED DEPOSITS AND BONDS TRADINHG

EQUITY – ALTERNATE INVESTMENT FUNDS

UNLISTED SHARES
 Focus Category III Alternative Investment Funds

 AIF Performance as on 30th September 2023

ESTATE AND SUCESSION PLANNING

NEW PRODUCTS LAUNCHED

 BlackOak Life Settlement Fund
 Sundaram Alternatives – High Yield Secured Real Estate Fund IV

Note - “For existing customer only and not for circulation” 3

 Focus – Discretionary Portfolio Management Services
AMC Name Motilal Oswal Asset Management Company Ltd. ICICI Prudential Asset Management Company Ltd. Renaissance Investment Managers Pvt. Ltd.
Strategy Name Founders Portfolio Contra Strategy Midcap Portfolio
th th
Year of Inception 16 March 2023 14 September 2018 1st January 2018
Fund Manager Vaibhav Agrawal Chockalingam Narayanan Pawan Parakh
The portfolio invests in select High Quality midcap businesses
The objective of the fund is to achieve long term capital ICICI Prudential PMS Contra Strategy (the “Contra Strategy”) seeks to which have the potential to become a Large Cap in future. The
Investment
appreciation by primarily investing in equity & equity related generate capital appreciation by investing predominantly in equity and objective is to buy successful businesses at an early stage in their
Objective instruments across market capitalization equity related instruments through contrarian investing. lifecycle and thereby benefit from compounding effects in growth
over a long period.

Entrepreneurs are the backbone of the economy:

Capital formation, Skin the in the game, burning the midnight oil,
inseparable from innovations, attraction quotient, exponential
The Portfolio Manager follows ‘Contra’ style of investing which involves Sustainable Quality Growth at Reasonable Price (SQGARP)
exports, employment opportunities, vision matters.
taking contrarian bets on equity stocks i.e. taking • Sustainable: sustainable and durable business models
calls/exposure on underperforming stocks which are currently not in favor • Quality: Superior quality businesses as demonstrated by
Investment QGLP Process
in the market but are expected to do well in the Competitive edge, Pricing power, ROE, FCF
Philosophy Q: Quality – Minimum threshold set for RoCE/RoE
long run. The Portfolio Manager may also select stocks of companies in • Growth: Business that can deliver superior growth over
G&L: Growth & Longevity – Ensuring Longevity of Growth by
sectors where entry barriers are high, sectors in medium term to long term
investing in sustainable themes by identified by investment team
consolidation or of companies in special situation • Price: Ability to invest at reasonable valuations
collectively.
P: Price – Application of PE, PEG framework and expanding through
rolling out DCF, implied returns and implied growth.

Investment Process:
Investment Framework:
1. Initial in-house screening process ~2500
1. 500:Top 500 by market cap. •
2. Active Coverage of company ~440 Focused portfolio of 20-25 stocks
2. 300-320 : Min 26% of promoter holding •
3. Applying the BMV filtration ~100-150 High growth business at early stage
3. 260-280: Minimum PBT of INR 100 Crs B: Business – Company growing faster than industry & industry than • Midcaps which can grow sustainability to become tomorrow’s
Investment 4. 150-170 : Quality of Business, Minimum cycle ROCE of 15% market Large Caps
Structure 5. 70-90: QGLP filter. Corporate Governance & Management M: Management – Focused on growth, improving margins & • Long term approach to realise the full potential
Quality
prudent capital allocation. • Flexibility to take exposure in Small Caps which can be mid
6. <20-30: Companies with Min Additional Expected Earnings 3-5Y V: Valuation – Cash Flow is central in investment process caps of tomorrow.
Growth of 3% Over Benchmark, Available at Relatively
Attractive Valuation 4. Identifying Potential Opportunities ~40-45
5. Portfolio Construction ~25-30
4
Source: The aforesaid Content/Data/Details are as provided by Motilal Oswal Asset Manager LLP. (SEBI Reg. No. IINP000000670),Renaissance Investment Managers Pvt. Ltd., (SEBI Reg No. INP000006457 ) ,ICICI Prudential Asset Management Company Ltd (SEBI Reg. No. INP000000373) . JMFS is a Distributor of this PMS Strategy .Please read the
Disclosure document and PMS agreement carefully before availing the aforesaid services to get more insight about the services and to understand the nature of investment and the various risk factors mention therein. Also refer the Disclaimer at the end of this presentation. “For existing customer only and not for circulation”
Focus – Discretionary Portfolio Management Services
AMC Name Motilal Oswal Asset Management Company Ltd. ICICI Prudential Asset Management Company Ltd. Renaissance Investment Managers Pvt. Ltd.

Strategy Name Founders Portfolio Contra Strategy Midcap Portfolio

Minimum Application Size Min 50 Lakh Min 50 Lakh Min 50 Lakh
Investment Horizon 3+ Years 4 Years & Above Min. 5 Years
Large Cap 17% 53.30% 26%
Mid Cap 39% 22.20% 35%
Market Cap Allocation
Small Cap 44% 24.50% 34%
Cash 0% - 5%
Cummins India, IDFC First Bank, REC,
Zomato, Emudhra, Kaynes Technology India, Larsen & Tourbo Ltd, Bharti Airtel, ICICI Bank, SBI,
Top 5 Holdings Mahindra & Mahindra Financial, PNB Housing
IDFC First Bank, Kalyan Jewellers Godawari Power & Ispat Ltd
Finance
Retailing, Banks, Consumer Durables, Industrial Financial Services, Basic Materials, Industrials, BFSI, Consumer Discretionary, Industrials, IT &
Top Sectors
Products, Electrical Equipment Communication Services Technology, Pharma & Chemicals
Exit Load - - -
Benchmark Index BSE 500 TRI BSE 500 TRI Nifty Midcap 100 TRI
Fund House Strategy 3 Months (%) 6 Months (%) 1 Year (%) 2 Year (%) 3 Year (%) 5 Year (%) Since Inception (%)
Motilal Oswal Asset Management Co. Ltd. Founders Portfolio 12.31 30.58 - - - - 31.47
ICICI Prudential Asset Management Co. Ltd. Contra Strategy 12.94 24.95 24.99 17.12 31.19 - 19.42
Renaissance Investment Managers Ltd Midcap Portfolio 16.69 30.97 28.67 26.35 33.17 16.52 13.09
Strategy 3 Months (%) 6 Months (%) 1 Year (%) 2 Year (%) 3 Year (%) 5 Year (%) Since Inception (%)
BSE 500 TRI 7.73 17.34 11.34 9.15 23.33 12.6 NA
Index BSE 500 TRI 7.73 17.34 11.34 9.15 23.33 12.6 NA
Nifty Midcap 100 TRI 15.87 29.89 24.26 17.33 32.85 14.45 NA

5
JM Apex PMS
About JM Apex: JM Apex PMS’s is a discretionary PMS. APEX has an Investment Philosophy which underscores the three tenets of
Investment Team Discipline, Persistence and Consistency. The essence of its underlying philosophy is to pursue growth opportunities while it manages
risk. Apex is an actively managed portfolio with an endeavour for long term capital appreciation & alpha generation. The portfolio is
managed in two parts ~65% buy & hold and ~35% opportunistic.
Ashish Chaturmohta
Portfolio Construction:
Stalwarts – At least 40% Allocation
Anway Bhujpal Index heavy weights with proven track record and favourable long term trend.
Core portfolio following a buy and hold strategy, unless long term trend changes
Stars – 10%-40% Allocation
Large and Large-midcap stocks with quality management and good earnings track record that are showing positive momentum
Dhruv Bhimrajka Attractive from a medium-term point of view.
Satellite – 0%-30% Allocation
Fundamentally strong Mid and small cap companies with high earnings growth momentum & attractive risk/reward. Held in portfolio till
trend and momentum supportive.
Tanush Mehta

JM Apex PMS Returns (%) BSE 500 TRI (%)

• Investment Strategy: To construct a portfolio of
select quality stocks
• Investment Horizon: 3-5 Years
3M 7.78 5.49
• Strategy Suitability: Strategy is suitable for
Investors looking for a steady compounding of 6M 21.11 19.39
return by generating Alpha over Benchmark.
• Risk Tolerance: High
• Number of Stocks: Typically 35-45 stocks SI 20.22 16.52
• Benchmark Index: BSE 500 TRI
Returns as of 30th September 2023.

Source - The aforesaid Content/Data/Details are as provided by JM Financial Services Limited (SEBI Registration no - INP000000621). JMFS is a distributor of this product.
Please read the Disclosure document and agreement carefully before availing the aforesaid services to get more insight about the services and to understand the nature of investment and the various risk factors mention6
therein. Also refer the Disclaimer at the end of this presentation. “For existing customer only and not for circulation”
JM India Resurgent Portfolio III
Investment Team Key Scheme Features
JM IRP III PMS Returns (%) BSE 500 TRI (%)
• The focus will be on the sectors and companies that could 3M 9.07 5.5
Rakesh Parekh benefit due to structural reforms, government thrust,
resurgent in demand, benefiting out of R&D, new products 6M 18.42 19.4
and/or related diversification or renewed thrust by the
1Y 16.86 17.5
management.
Vinaj Jaising
3Y 27.48 24.3
Investment Selection Process
5Y 15.70 15.1
• India listed stocks ~5200 (Market capitalization – Over $3.5 Tn) SI 11.06 12.0
Amish Kanani • JM Coverage Universe ~300 ($ 3 Tn)
Returns as of 30th September 2023.
• Deep Dive ~150 ($2.7 Tn)
• Portfolio Stocks ~20-25 stocks

• Investment Themes and Portfolio Mix:

Themes Portfolio Positioning in Growth and Value Portfolio
High Growth companies: Consistent Pat growth of over 20% At least 40%
Stalwarts: Consistent ROE growth in excess of 15% At least 20%
Opportunities ~30%

Source - The aforesaid Content/Data/Details are as provided by JM Financial Services Limited (SEBI Registration no - INP000000621). JMFS is a distributor of this product.
Please read the Disclosure document and agreement carefully before availing the aforesaid services to get more insight about the services and to understand the nature of investment and
7
the various risk factors mention therein. Also refer the Disclaimer at the end of this presentation. “For existing customer only and not for circulation”
 PMS Performances as on 30th September 2023
PMS Investment Approaches Category Benchmark 3 Months (%) 6 Months (%) 1 Year (%) 3 Years (%) 5 Years (%) Incep Return (%) Inception Date
Growth & Value Largecap BSE 500 TRI 1.97 14.80 11.35 12.90 13.49 13.36 Mar-05
Focus Multicap BSE 500 TRI 3.72 17.01 14.71 13.84 14.02 15.22 Oct-12
JM Financial Services Ltd (INP000000621)
IRP 3 Midcap BSE 500 TRI 9.07 18.42 16.86 27.48 15.70 11.06 Mar-15
Apex Multicap BSE 500 TRI 7.78 21.11 - - - 20.22 Feb-23
Abakkus Asset Manager LLP All Cap Multicap BSE 500 TRI 13.01 29.88 37.51 - - 34.52 Oct-20
(INP000006457) Emerging Opportunities Small & Midcap BSE 500 TRI 17.10 42.57 50.92 43.06 - 40.34 Aug-20
ASK Investment Managers Ltd.
ASK Indian Entrepreneur Portfolio Multicap BSE 500 TRI 2.62 22.27 7.57 19.75 14.04 17.34 Jan-10
(INP000000043)
Alchemy Capital Management Pvt. Ltd. (INP Alchemy High Growth Multicap BSE 500 TRI 5.33 23.48 14.14 18.30 6.91 19.85 May-02
000000365) Alchemy Ascent Multicap BSE 500 TRI 14.18 36.06 26.02 29.73 - 18.8 Sep-19
White Oak Capital Management
White Oak India Pioneer Equity Flexicap BSE 500 TRI 3.41 18.94 11.47 20.52 17.66 17.42 Sep-18
Consultants LLP (INP000005865)
MOSL NTDOP Multicap BSE 500 TRI 10.07 19.59 10.31 16.98 9.39 14.69 Aug-07
Motilal Oswal Asset Management Co. Ltd. MOSL Founders Portfolio Multicap BSE 500 TRI 12.31 30.58 - - - 31.47 Mar – 23
(INP000000670) MOSL Value Migration Largecap BSE 500 TRI 9.41 26.89 19.20 20.92 13.71 19.16 Feb-03
MOSL Focused Midcap Strategy Midcap BSE 500 TRI 12.54 38.46 32.84 23.67 - 24.62 Dec-19
ICICI Prudential Contra Multicap BSE 500 TRI 9.30 27.41 33.19 33.66 20.93 19.98 Sep-18
ICICI Prudential Asset Management Co Ltd.
ICICI Prudential Growth Leaders Multicap BSE 500 TRI 4.97 20.06 17.93 24.05 16.07 11.47 Dec-00
(INP000000373)
ICICI Prudential PIPE Small & Midcap BSE 500 TRI 15.40 39.57 44.29 42.65 - 31.75 Sep-19
Sundaram Alternate Asset Ltd Sundaram SISOP Multicap BSE 500 TRI -1.03 16.23 8.23 19.75 16.03 17.19 Feb-10
(INP000006271) Sundaram SELF Midcap BSE 500 TRI 0.95 22.79 7.21 22 17.86 16.97 Jun-10
Ambit Coffee Can Large Cap Nifty 50 TRI -1.14 13.01 3.41 14.9 12.76 13.66 Mar-17
Ambit Investment Advisors Pvt. Ltd.
Ambit Emerging Giants Smallcap BSE 500 TRI 6.36 24.64 23.37 28.18 22.6 17.79 Dec-17
(INP000005059)
Ambit Good & Clean India Midcap BSE 500 TRI 8.83 24.81 17.5 19.75 16.62 12.35 Mar-15
Purnartha Investment Advisers Pvt Ltd.
Dynamic Midcap Strategy Midcap BSE 500 TRI 3.85 14.21 - - - 11.83 Feb-23
(INP000007021)
Marcellus Investment Managers Pvt. Ltd.
Marcellus Consistent Compounder Multicap Nifty 50 TRI 1.42 18.86 4.37 15.72 - 16.11 Dec-18
(INP000006183)
Emkay Investment Managers Ltd Emkay's 12 Large Cap Nifty 50 TRI 1.54 13.68 11.70 17.50 - 11.90 Aug-19
(INP000004458) Emkay Pearl Midcap BSE Midcap TRI 16.70 41.47 40.72 31.23 18.90 15.48 Apr-12
360 ONE Asset Management Limited 360 ONE Multicap PMS Multicap BSE 500 TRI 4.60 17.78 17.75 22.39 16.79 22.49 Nov-13
(INP000004565) 360 ONE Phoenix Portfolio Multicap BSE 500 TRI 10.08 28.47 28.80 - - 22.16 Jan-21
Unifi Blended Rangoli Multicap BSE 500 TRI 7.55 23.94 21.52 28.1 25.63 21.22 Jun-17
Unifi Capital Pvt. Ltd. (INP000000613)
Unifi BCAD2: Breakout 20 Multicap BSE 500 TRI 9.10 26.32 21.37 - - 18.15 Jan-22
Renaissance Opportunities Portfolio Large Cap Nifty 50 TRI 4.09 19.81 21.43 30.73 16.51 12.46 Jan-18
Renaissance Investment Managers Pvt Ltd
Renaissance Mid Cap Portfolio Mid Cap Nifty Midcap 100 10.47 32.97 26.72 32.96 19.37 12.99 Jan-18
(INP000005455)
Renaissance Indianext Portfolio Thematic Nifty 50 TRI 4.70 19.22 25.77 46.77 18.66 14.61 Jan-18

Returns are calculated as on 31 September 2023 on TWRR basis. “The performance related information provided herein above is not verified by Securities and Exchange Board of India (“SEBI”)” Please read the Disclosure document and PMS agreement carefully before availing the aforesaid
services to get more insight about the services and to understand the nature of investment and the various risk factors menti on therein. Also refer the Disclaimer at the end of this presentation. “For existing customer only and not for circulation” 8
Purnartha Investment Advisory - 'Sampurna'
Investment Team • Investment Objective - “To build a multi-cap, sector agnostic portfolio of stocks based on proprietary quantitative model
which selects stocks with fundamentals, showing early recovery from drawdowns, are net cash and offer opportunities for
delivering better returns.”
Rahul Rathi • Investment Philosophy
(Chairman)
• Stocks that meet the guidelines of Purnartha’s robust and selective proprietary algorithm based quantitative model that
endeavors to select stocks that display a balance of good returns with an acceptable level of risk.
Prof Raghu Sundaram
• Companies that display margin expansion and net profit growth across cycles
• Net Cash companies (zero net debt) i.e. growth funded by clients & internal accruals rather than debt
Hemant Vispute
• Companies with lower drawdowns and potential to recover quick

Devendra Phadke • Companies that have shown strong fundamentals over a 10 year period and have potential to witness robust growth in
(Principal Officer) revenue.
• Review: A continual review process also flags off early signals to the Research team, spotlighting attention to particular
• Minimum Ticket Size – 10 lacs stocks that show a retardation in growth and seeking a more worthy replacement if warranted. This process helps spot
• Maximum Ticket Size – No Limit stocks that may be past their prime and turn attention to new potential winners to be added to the portfolio.

• Tenure – 3 Years / 1 Year • Portfolio will be diversified in 12 – 18 stocks.

• Fees – Rs. 125000 + GST / 55000 + • Expected Churn of 3 – 6 stocks in a year

GST (Flat for any corpus) • Recommendations would be rolled out twice every quarter and the focus would be to pick recovery stocks during their up
move
Source - The aforesaid Content/Data/Details are as provided by Purnartha Investment Advisory (SEBI Registration no - INP000007021). JMFS is a distributor of this product.
Please read the Disclosure document and agreement carefully before availing the aforesaid services to get more insight about the services and to understand the nature of investment and the
various risk factors mention therein. Also refer the Disclaimer at the end of this presentation. “For existing customer only and not for circulation” 9
List of Alternative Investment Funds
CAT 3 — Alternative investment Fund
Sr. No Scheme Name Category
1 360 ONE Equity Opportunities Fund – Series 2 Multicap - Hedging
2 Motilal Oswal Growth Anchors Fund – Series 2 Multicap
3 Sundaram ATLAS – Series 2 Multicap
4 Nippon Reimaging Series 7 Multicap
7 Motilal Oswal Multifactor Multicap - Hedging
8 Motilal Oswal NTDOP Multicap
11 Old Bridge Long Term Equity Fund Multicap
12 ICICI Long Short Fund Series 2 Long Short
13 Alchemy LOT Multicap
14 Alchemy ELOT Series 2 Mid & Small Cap
15 ICICI Prudential Equity Opportunities Fund Mutlicap
16 ICICIC Prudential Growth Leaders Fund – Series 3 Multicap
CAT 2 — Alternative Investment Fund
Sr. No Scheme Name Category
1 Mirae Asset Late Stage Fund Private Equity

2. Sundaram Alternates Opportunities Series – High Yield Secured Real Estate Fund IV Real Estate
LRS Schemes
Sr. No Scheme Name Category
1. Black Oak Life Settlement Fund -
Note - JMFS is a Distributor of all the above AIF Strategy. Please read the private placement memorandum agreement carefully before availing the aforesaid services and to understand the nature
of investment and the various risk factors mention therein. 10
 Focus - Category III Alternative Investment Funds
AMC Name ICICI Prudential Asset Management Co Ltd. Sundaram Alternates Assets Limited Nippon India Equity Opportunities

Fund Name Growth Leaders 3 ATLAS II Undiscovered India Opportunity

Year of Inception 2023 2023 2023
Fund Manager Anand Shah, Chockalingam Narayanan and Geetika Gupta Madangopal Ramu Varun Goel
The Scheme endeavours to achieve long-term capital • Predominantly investing ( > 51% ) in small cap* companies
appreciation by predominantly investing in listed securities • High Growth Potential to drive higher returns
Sundaram ATLAS II strategies, target is to create meaningful alpha •
Investment across market capitalisation. The Scheme aims to invest in Large Universe - ideal for stock picking ~2,000 traded
in long term and identify and invest in big return generating ideas
Objective domestic companies across all sectors that have potential companies post AMFI rank 251
and avoid momentum.
for meaningful growth and which have a certain sustainable • Scope for P/E expansion as ideas are yet undiscovered
competitive advantage. • Scope for identifying tomorrow’s Multibaggers!

1. Companies having sustainable growth 4x4 Wealth Multiplier Themes

2. Dominant in a product or service 1. Financial Inclusiveness
2. Consumption Czars • High capital efficiency with massive headroom to grow
3. Having a sustainable competitive advantage
Investment 3. Phygital ‘Blue Chips’ • Strong visibility of earnings growth over next 3-5 years
4. Leaders in Competence & Governance
Philosophy 4. Export ‘Voyagers’ • Run by dynamic and ethical entrepreneurs
5. Specialized in products they offer
• Negligible Debt (Low D/E ratio)
6. Focused on growing market share
Flexibility to allocate across cap curves and in both structural &
7. Emphasis to launch new & innovative products opportunistic ideas.

• Focused portfolio of ~ 25-30 stocks (listed + pre-IPO).

Two buckets of Stocks: • At least 51% of the portfolio will be in companies with AMFI
Evaluation, Selection and Sizing • Structural stories – 20% growth models market capitalization rank of 251 and below
1. Initial in house screening process ~2500 -Quality of Business • Minimum Market Cap (at the time of investment) will be ~ Rs.
Investment 2. Active Coverage of company ~450 - Quality of Financials
1,000 crore ( ~ Top 1000 companies)
Structure 3. Applying the BMV filtration ~100-125 -Quality of Management
• Portfolio may have some exposure to Pre-IPO stage stocks
4. Strategy Level filter ~40-45 • Opportunistic Equities (Cyclical & Turnaround)
(upto 15% of commitment amount) on an opportunistic basis.
5. Portfolio Construction ~25-30
Number of Stocks: 15-25 • Companies with high visibility of IPO within the next 6-12
months

11
AIF Performances as on 30th September 2023 – (Category III)
1 Month 3 Months 6 Months 1 Year 3 Years Incep Fund Inception
AIF Investment Approaches Category Benchmark
(%) (%) (%) (%) (%) Return (%) Manager Date
Alchemy Leaders of Tomorrow Category III S&P BSE 500 TRI 1.40 8.30 29.50 14.90 - 9.50 Hiren Ved Jan-18
Alchemy Capital
Hiren Ved
Management Pvt. Ltd. Alchemy Emerging Leaders of Tomorrow – Series 2 Category III S&P BSE 400 TRI 1.60 7.50 29.10 - - 25.90 Mythili Mar-23
Balakrishnan
ICICI Prudential Asset Anand Shah
ICICI Prudential Emerging Leaders Fund Category III Nifty Mid-Smallcap 400 TRI 3.19 15.74 38.46 46.16 - 40.73 Aug-22
Management Co Ltd. Geetika Gupta

360 ONE Asset

360 One Equity Opportunity Fund – Series 2 Category III S&P BSE 200 TRI 2.37 3.27 12.38 - - 10.86 Mehul Jani Feb-23
Management Limited
Motilal Oswal Growth Opportunities Fund - Series II Category III Nifty 500 2.20 10.40 24.80 24.90 - 16.60 Atul Mehra Apr-21
Motilal Oswal India Excellence Fund Category III Nifty Midcap 150 0.50 13.10 37.00 30.60 - 2.40 Rakesh Tarway Jul-21
Vaibhav
Motilal Oswal Next Trillion Dollar Opportunity Fund Category III Nifty 500 2.40 11.30 23.10 15.50 - 7.30 Feb-22
Agarwal
Motilal Oswal Asset
Sankaranaraya
Management Co. Ltd. Motilal Oswal Hedged Multifactor Equity Fund Category III Nifty 500 TRI 9.10 22.10 35.00 24.00 - 12.70 Feb-21
nan Krishnan
Motilal Oswal India Excellence Fund - Series II Category III Nifty Midcap 150 0.90 12.00 32.50 28.80 - 21.10 Rakesh Tarway May-22
Vaibhav
Motilal Oswal Vision 2030 Fund Category III Nifty 500 1.40 12.00 26.20 19.90 - 13.40 May-22
Agarwal
Financial Services Category III Nifty Financial Services 3.90 6.90 23.50 29.40 27.10 9.80 Varun Goel Jan-18
India Millennial Opportunity Category III Nifty 500 2.70 8.00 21.60 21.20 25.30 14.30 Varun Goel Jun – 13
Nippon India Alternate The Next Billion Category III Nifty 500 2.90 10.00 27.40 23.00 24.40 14.80 Varun Goel Jul-18
Investments The 5 Trilion Dollar Opportunity Category III Nifty 500 3.50 11.20 29.20 27.00 25.40 23.20 Varun Goel Jan-20
Champions of the 21st Century Category III Nifty 500 2.70 8.30 25.90 26.70 - 20.60 Varun Goel Feb-21
Reimagine India Opportunity Category III Nifty 500 4.50 9.30 24.90 25.40 - 15.50 Varun Goel Feb-22
Madanagopal
Sundaram Atlas Category III Nifty 500 -1.00 1.40 18.10 7.60 - 12.10 May-22
Sundaram Alternate Asset Ramu
Ltd. Madangopal
Sundaram Atlas II Category III Nifty 500 -2.00 0.30 13.00 - - 11.10 Feb-23
Ramu

Given list is that of "Category – III Alternative Investment Funds". "The performance related information provided herein above is not verified by Securities and Exchange Board of India (“SEBI”)” Please read the Disclosure
12
document and PMS agreement carefully before availing the aforesaid services to get more insight about the services and to understand the nature of investment and the various risk factors mention therein. Also refer the
Disclaimer at the end of this presentation. “For existing customer only and not for circulation”
 BlackOak Life Settlement Fund (LRS Scheme)
What is Life Settlement? Investment Strategy
• A Life Settlement is the sale of an existing U.S. life insurance policy to a third-party buyer. Active Portfolio Management – Analysis enables exploitation of short-term market opportunities
• In exchange for payment to seller, the buyer becomes the legal owner and beneficiary of the policy. aimed at optimizing returns at exit.
• The purchaser is responsible for future premium obligations and ultimately collects the policy maturity value
when the policy matures. Insurance Backed Assets – Insurance liabilities rank above an insurance company’s commitments to
• The policies have no investment component attached to them and offer a fixed maturity value upon maturity. equity and bond holders.

Portfolio key information Low Volatility – Life Settlement portfolio investments held to maturity are less volatile than
traditional investments such as equities
Weighted Average Age 80.6 Years
Weighted Average Life Expectancy 5.4 Years Risk/return Profile
Weighted Average AM Best Rating A+
Number of issue and residency shares 40
Number of Insurance Company Holdings 67
North America 100%
Strategy AUM 667.3m

BlackOak’s Investment Features

• High Returns: In a Life Settlement transaction the life insurance policies are purchased at a significant
discount to the maturity amount (Net Death Benefit, NDB). This offers attractive returns typically around 8%-
12% per annum, net of fees. Active management through tertiary market trading can enhance returns.
• Secure Assets: The counterparties for NDB payments are US insurance companies with investment grade
ratings typically A+ and above.
• Low Correlation: Returns are largely dependent upon the timing of maturity of the policy. Consequently, an
investor is exposed to the ‘longevity risk’ of an insured life surviving longer than projected
• Low Volatility: With a suitably diversified pool of life settlements returns are smoothed.

Source - The aforesaid Content/Data/Details are as provided by BlackOak Investors LLP (LP15739). JMFS is a distributor of this product. Please read the Disclosure document and agreement carefully before
availing the aforesaid services to get more insight about the services and to understand the nature of investment and the various risk factors mention therein. Also refer the Disclaimer at the end of this presentation. 13
“For existing customer only and not for circulation”
 Sundaram Alternatives – High Yield Secured Real Estate Fund IV (CAT II AIF)
Security Structure Deal Tenors
Investment Objective:
The main investment objective of the Fund is to undertake activities of a Category • Mortgage of underlying project land / • ~3-4 years (lower average durations)
II AIF and invest in high yielding debentures and mezzanine securities (including development rights • Repayment schedule
equities), of Indian entities involved with real asset industries that may include (but • Escrow of project receivables Typically, quarterly repayments
not limited to) real estate (residential, commercial, retail), logistics (warehouses, • Pledge of shares / Guarantee (corporate / Moratoriums: ~6-18 months
supply chain facilities, data centers, etc.), hotels (including hostels, resorts) and personal) of borrowing entity, as applicable Predominantly amortizing; selectively repayments,
healthcare facilities (hospitals, senior care homes, etc.). • Post-dated cheques redemptions
• Key covenants on sales, liquidity events, project
Key Underwriting Philosophy: costs, etc. to ensure close asset monitoring.
• Downside protected investments by low LTVs, cash flow priorities and
regular coupons to de-risk
Real Estate Credit Business Overview
• Multi layered security structures – designed toincentivize timely
repayments 39 deals generating ~19%+ across three AIFs.
• Returns by way of coupons, redemption premiums,dividends, and / or
equity warrants in select cases AIF HY RE Credit Series I AIF HY RE Credit Series AIF HY RE Credit Series
• Exits via FACTORS
(2018 vintage) II (2020 vintage) III (2021 vintage)
• Self-liquidating assets / projects
• Upside case exits from pre-repayments, expected to be a feature of Fund Size ~ INR 404 cr ~ INR 435 cr. ~ INR 558 cr.
the book 100% returned to >90% invested;
100% invested; now
• Secondary sales of listed and unlisted debentures tointerested private Portfolio Status investors within fund reaching the end of
recycling capital
lenders. maturity portfolio build
Portfolio IRR ~ 19.3% ~ 19% ~ 19%
Fund Manager Locations
• Arjun Sarkar • Predominantly South India – Tamil Nadu,
Karnataka, Telangana, Kerala, Andhra Fund Tenor 4 Years 5 Years 5 Years
• Manoj Mahadevan
Pradesh
• Opportunistic Investments – Mumbai & Pune Deals Deployed 12 15 12

Source - The aforesaid Content/Data/Details are as provided by Sundaram Alternates (SEBI Registration no. – IN/AIF2/17-18/0340). JMFS is a distributor of this product. Please read the Disclosure document and
agreement carefully before availing the aforesaid services to get more insight about the services and to understand the nature of investment and the various risk factors mention therein. Also refer the Disclaimer at the end
of this presentation. “For existing customer only and not for circulation”
Focused Mutual Funds
Focused Equity Funds with Returns 1yr 3yr 5yr Since Inception Focused Equity Funds with Returns 1yr 3yr 5yr Since Inception

LARGE CAP FUND FOCUSED FUND

Canara Rob Blue-chip Equity Fund-Reg(G) 16.85 17.96 15.83 12.46
Kotak Focused Equity Fund (G) 15.31 19.71 NA 15.57
Mirae Asset Large Cap Fund-Reg(G) 15.10 17.95 13.79 15.01
SBI Focused Fund (G) 17.40 22.38 16.48 18.84
Kotak Blue-chip Fund(G) 17.26 18.99 15.17 16.35
Mirae Asset Focused Fund-Reg(G) 14.25 18.49 NA 17.70
ICICI Pru Bluechip Fund (G) 21.49 23.26 15.35 14.42
LARGE & MID CAP FUND MID CAP FUND
Kotak Equity Opp Fund(G) 23.57 24.29 18.38 18.27 Mirae Asset Midcap Fund 25.01 32.01 NA 25.93
Canara Rob Emerg Equities Fund-Reg(G) 14.72 21.69 16.66 16.92 Kotak Emerging Equity Fund (G) 22.78 30.88 21.47 14.34
SBI Large & Mid Cap Fund (G) 18.41 28.14 18.81 16.99
Invesco India Midcap Fund(G) 24.39 26.94 19.05 15.55
Mirae Asset Emerging Bluechip Fund (G) 21.80 23.87 19.11 20.07
SMALL CAP FUND
MULTI CAP FUND
ICICI Pru Multicap Fund(G) 25.63 28.23 15.67 14.89 Axis Small Cap Fund-Reg(G) 24.90 32.71 25.87 23.24

Invesco India Multicap Fund(G) 22.13 24.93 16.01 15.47 Nippon India Small Cap Fund 36.35 44.51 26.14 21.23
Quant Active Fund (G) 18.72 31.63 24.67 19.08 Edelweiss Small Cap Fund-Reg(G) 28.13 37.52 NA 28.45
FLEXI CAP FUND
ELSS FUNDS
Canara Robeco Flexi Cap Fund (G) 15.54 18.62 15.64 17.41
Parag Parikh Tax Saver Fund 20.17 22.38 NA 22.13
Parag Parikh Flexi Cap Fund (G) 25.00 22.15 20.47 18.62
JM Flexi Cap Fund (G) 32.64 30.71 19.48 13.81 Mirae Asset Tax Saver Fund-Reg(G) 20.21 22.37 17.75 17.84

UTI Flexi Cap Fund-Reg(G) 9.62 16.37 14.37 14.58 Canara Robeco Equity Tax Saver Fund (G) 14.62 20.23 17.58 18.78
* Returns are calculated as on16th September, 2023
Please refer to the Scheme Information Document/Key Information Memorandum for detailed information and risk factors related to the Mutual Fund Scheme. Investors are advised to consult their own tax advisor 15
on the tax implications of the ownership and sale of Fund and income. Refer the Disclaimer at the end of this Presentation.
 Life Insurance
HDFC Life Insurance Future Generali India Life Insurance
Plans Category Plans Category
HDFC Life Click to Protect Life Term FGI New Assured Wealth Plan Traditional
FGI Assured Income Plan Traditional
HDFC Life Sanchay Fixed Maturity Plan Traditional
FGI Life Time Partner Par
HDFC Life Sanchay Traditional FGI Long Term Income Plan Traditional
HDFC Life Sanchay Plus Traditional FGI Money Back Super Plan Traditional

HDFC Life Sanchay PAR Advantage - Immediate Traditional ICICI Prudential Life Insurance
HDFC Life Sanchay PAR Advantage - Deferred Traditional Plans Category
HDFC Life Click2Inves ULIP ICICI Prudential Life Time Classic ULIP
ICICI Prudential Signature Plan ULIP
HDFC Life Classic One ULIP ICICI Prudential Guaranteed Income for Tomorrow Traditional
HDFC Life Pension Guaranteed Plan - Immediate Pension ICICI Prudential Guaranteed Income for Tomorrow LT Traditional
ICICI Prudential Guaranteed Income for Tomorrow -
HDFC Life Pension Guaranteed Plan - Deferred Pension Assured Income Traditional
ICICI Prudential Future Perfect Plan Traditional
HDFC Life Pro Growth Flexi ULIP
ICICI Prudential Gold Plan Traditional
HDFC Life Systematic Retirement Plan Pension ICICI Prudential iProtect Smart Term
JM Financial Services Limited. IRDA License No: CA0761 ,
License valid till:1st July, 2024 to act as a Corporate Agent (Composite) and thereby authorised to solicit and service insurance business of Life, General and Health Insurance. CIN NUMBER – 16
U67120MH1998PLC115415. Insurance is the subject matter of solicitation.
General & Health Insurance
 We have General & Health Insurance Plans offered by:

• HDFC Ergo Bajaj Allianz Iffco Tokio

ENGINEERING GROUP MEDICLAIM LIABILITY

Machinery Breakdown Group Mediclaim (Foster) Professional Indemnity
Contractors All Risk Professional Indemnity Insurance - Multi year
MOTOR 2W Individual Cyber Safe
MARINE Two Wheeler - Package Policy
Open Policy (Inland Transit) Two Wheeler -Liability Only Policy MOTOR 2W
Marine Cargo - Export - Sea Voyage Two Wheeler - Long Term Private Car - Package Policy
Marine Cargo - Import - Air/Post/Courier/Road/Rail Motor Roadside Assistance Fee - Two Wheeler Private Car - OD only Policy
Two Wheeler - OD only Private Car - Liability Only Policy
MOTOR CV Two Wheeler Package Policy - 5 years
Commercial Vehicle - Package Policy PERSONAL ACCIDENT
PROPERTY Personal Accident - Individual
PROPERTY Burglary Insurance Group Personal Accident
Bharat Sookshma Udyam Suraksha Jewellers Comprehensive Protection Policy
Standard Fire & Special Perils Policy New Commercial Package Policy RETAIL HEALTH
Bharat Laghu Udyam Suraksha Shopkeepers Package Policy Individual Health
Office Package policy Family Floater
TRAVEL Money Insurance
Jeweller's Block Insurance Policy TRAVEL

JM Financial Services Limited. IRDA License No: CA0761 ,

License valid till:1st July, 2024 to act as a Corporate Agent (Composite) and thereby authorised to solicit and service insurance business of Life, General and Health Insurance. 17
CIN NUMBER – U67120MH1998PLC115415. Insurance is the subject matter of solicitation.
Health Insurance
Care Health Insurance
Care Advantage Health
Care Health
Care Supreme Health
Care Senior Health
Care Joy Health
Care Plus Health
Care Cancer Medium Health
Care Freedom Health
Care Classic Health
Care Heart Health
Care Explore Travel
Super Mediclaim Critical Illness
Care Enhance Super Top-up

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 Corporate Fixed Deposits & Bond Trading
 Corporate Fixed Deposits: You can invest in various private corporate fixed deposits through us such as in corporate fixed deposits offered by:
• HDFC Ltd Bajaj Finance Mahindra & Mahindra Finance Service Ltd

 Bond Trading: You can invest in various AA above rated Tax Free, Taxable Government/PSB/Corporate Bonds & G-Sec. Presently, Bonds issued by the following are
available for investment through us:
• Muthoot Finance Andhra Pradesh Bank UP Power Corporation Limited 9.95%

 Secondary Bonds Desk

CATEGORY: PRIVATE BONDS
Coupon Security Maturity IP Rating
CATEGORY: PSU BONDS
Annapurna Finance 2029 24th of every
Coupon Security Maturity IP Rating 12.40% 24-Apr-29 ICRA A-
(Unsecured, Listed) month
Bank of Baroda AA by CRISIL & India
8.70% Call : 28-Nov-24 28th Nov Indostar Capital Finance 07th of every
Perp Ratings 9.85% 07-Aug-26 CRISIL AA-
2026 (Secured, Listed) month
Bank of Baroda AA+ by CRISIL & IND Quarterly
8.99% Call : 19-Dec-24 18th Dec Belstar Microfinance 2029
Perp Ratings payable on
(Unsecured, Unlisted)
11.00% 19-Jul-29 30th Sep, 31st CRISIL AA-
(Muthoot Finance
State Bank of Dec, 31st Mar
7.74% Call : 9-Sep-25 09th Sep AA+ by CRISIL & ICRA subsidiary)
India Perp & 30th June
Last business
Muthoot Fincorp 2029
10.05% 18-May-29 day of every CRISIL AA-
(Unsecured, Listed)
Punjab National A+ by CARE & A by month
9.15% Call : 13-Feb-25 13th FEB
Bank Perp IND CreditAccess Grameen 07th of every
9.70% 07-Sep-28 India Ratings AA-
2028 month
“For existing customer only and not for circulation”
Note – Investment in corporate fixed deposit and bond trading are facilitated by Third party and JMFS role is limited to providing referral services to such Third party Service Provider(s) 19
For latest rates and stock availability kindly get in touch with us.
Unlisted Shares
 HDB Financial Services  Kurlon Enterprise

 Hero Fincorp Ltd:  Capgemini Technologies

 HDFC Securities Ltd  Xerox

List of Unlisted  Pharmeasy  Philip India

Shares we can
facilitate  Reliance Retail  Motilal Oswal Home Finance Ltd

 Studd Accessories  Tata Refractories Limited (TRL Krosaki)

 Tata Technologies  SBI Funds Management Pvt. Ltd.

 Care Health

For latest rates and stock availability kindly get in touch with us.
Note – Investment in unlisted shares are facilitated by Third party and JMFS role is limited to providing referral services to such Third party Service Provider(s) 20
Estate & Succession Planning
Who Needs a Succession Planning
Estate planning is the process of
• Business Houses, Entrepreneurs & Professionals;
anticipating and arranging for the • Nuclear family or Joint family;
disposal of your estate during and • Family with no legal heir
after your lifetime. • Family with beneficiaries across globe with different residential status;
• NRI family with assets in India;
• Inheritance tax planning;
An Estate Plan include – • Protection from any unforeseen events;
Estate Management • Any person who would like to distribute his asset as per his/her wish and
not as per the governed law.
Estate Preservation
“In other words, every person needs a succession plan”
Estate Legacy
Advantages of Succession Planning
• Avoid disputes within or outside the family;
Typical Modes of Wealth Transmission • Asset protection –against claims/litigation from within or outside the
family;
• Asset protection during divorce & separation;
• Smooth distribution of wealth as per one’s wishes;
• Safeguard interests of the dependents;
• Efficient and uninterrupted management;
• Preservation of assets & Succession planning;
• Demarcation of personal & business income;
• Inheritance Tax planning;
• Planning for Old age/Medical emergencies
• Philanthropic aspirations.

Note - Estate and Succession Planning services are provided by Third party Service Provider(s) and JMFS role is limited to providing referral services to such Third party Service Provider(s).
“For existing customer only and not for circulation” 21
 Disclaimer
The investment in securities market are subject to market risks, read all the related documents carefully before investing. The information contained herein are strictly confidential and are meant solely for the information of the recipients of this
document only and shall not be altered in any way, transmitted to, copied or distributed, in part or in whole, to any other person or to the media or reproduced in any form, without prior written consent of JM Financial Services Ltd. (“JMFS”). The
contents of this document are for information purpose only. This document is not an investment advice and must not alone be taken as the basis for an investment decision. This should not be construed as an offer to sell or buy the securities or other
financial instruments and/or to avail any services of JMFS/ any service Provider. The information/details provided herein above have been provided by the Portfolio Manager to JMFS who is Distributor to the said Portfolio Manager and the said details
have been shared on “as is” basis by JMFS. The recipient of this document must read all the product related documents including all the risk factors mentioned in the respective documents carefully before making any investment. Investments in
securities market including, without limitation, investment through portfolio management services (“PMS”) are highly risky and are subject to market risks including, without limitation, price, volatility, liquidity and capital risks. Recipients should not
make any investments unless they can afford to take the risk of losing their entire investment. All recipients of this document must apply their independent judgment based on their specific investment objectives and financial position and using own
independent legal and tax consultants, advisors, etc. as to the risks and the suitability of such investment to the recipient’s particular circumstances before making any investment or disinvestment decision. The Recipient is solely responsible for any
action taken based on this document. JMFS shall not be liable for any direct or indirect losses arising from the use of the information contained in the document and accept no responsibility for statements made otherwise issued or any other source of
information received by the investor and investor would be doing so at his/her/its own risk. The information contained herein should not be construed as forecast or promise or guarantee or assurance of any kind. The investors are not being offered
any assurance or guaranteed or fixed returns. In rendering this information, JMFS assumed and relied upon, all the information which was available to its disposal. JMFS does not warrant the accuracy, reasonableness and/or completeness of any
information mentioned in this document. JMFS takes no responsibility of updating any data/information in this document from time to time. JMFS, its affiliates/associates and any of its directors, officers, employees and any other persons associated
with this shall not be liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of the information given in this document
in any manner whatsoever and shall not be liable for updating the same. The performance related information provided herein above is not verified by Securities and Exchange Board of India (“SEBI”). The investment objectives, allocation mentioned
herein are indicative and there are no assurances/guarantee that the same would be achieved. The securities quoted, if any, are exemplary and are not recommendatory. In case of Portfolio Management Services (“PMS”), the information/details
provided herein above with respect to the portfolio managers and their PMS products has been prepared solely based on the information/details provided by the respective portfolio managers whose PMS products are referred in this document and
distributed by JMFS. The recipient of this document must read all the product related documents, PMS Agreement/ Disclosure Document including all the risk factors mentioned in the respective document carefully before making any investment
under PMS to understand the nature of investment and various risks involved in the said investment. Past performance of the Portfolio Manager/Fund Manager/Investment Approach is not necessarily indicative of future performance of the Portfolio
Manager/Fund Manager/Investment Approach; the actual returns/performance may materially vary from the past performances. The investment objectives, allocation mentioned herein are indicative and there are no assurances /guarantee that the
same would be achieved. The performance related information provided herein above is not verified by Securities and Exchange Board of India (“SEBI”).

In case of Unlisted Shares as stated above, there is no certainty that the said shares will be listed/publicly traded in future. JMFS neither represent nor give any assurance or guarantee of these shares getting listed on the exchanges. Since shares of
unlisted companies are not listed on the exchanges, there is no market price. Unlike listed shares, the investor won’t get information very easily for the Unlisted Shares. Hence, it would be difficult to ascertain the intrinsic value of the Unlisted Share
and arrive at a fair value before investing. Unlisted Shares are inherently illiquid in nature and carry a larger liquidity risk in comparison to the securities that are listed on the exchanges. The availability of the buyer and seller for the Unlisted Shares
may or may not be available. The disposal of the Unlisted Shares would entail longer than the required amount of time. As a result, the investor may not be able to sell such Unlisted Shares when he/she/it desires to do so or to realise what he/she/it
perceives to be their fair value in the event of a sale. There is no assurance that the investor would get an exit. In case if the issuer company of an Unlisted Share gets their shares listed in future and the buyer holds the Unlisted Share of such issuer
company as on the date of allotment under the IPO of the said issuer company, then the shares held by the buyer will be under lock-in for one year or such other period as may be specified by the regulator. This will restrict the buyer to sell/liquidate
the said shares during the lock-in period. JMFS has not carried out any due diligence on any of the companies stated above.

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 Disclaimer
Any information about the said companies and prospective buyer(s)/seller(s) is provided without any liability or responsibility on JMFS to verify the factual accuracy of the same and shall not have any other responsibility or liability in that regard. The
investor shall do their own independent enquiry/assessment/verification in this regard before they enter into transaction. Investments in Unlisted Securities are suitable for those investors who are willing to take high risk. It is not suitable for an
investor with limited resources. Since the shares are not listed on the exchange, any buying/selling activity in the said shares are not administered, monitored and controlled by the exchanges. Any disputes/grievances in this regard will not be covered
under investor protection or grievance redressal measures of the exchanges. “For existing customer only and not for circulation”

Note:
This document is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be
contrary to law, regulation or which would subject JMFS and/or its affiliated company(ies) to any registration or licensing requirement within such jurisdiction. The securities described herein may or may not be eligible for sale in all jurisdictions or to a
certain category of investors. Persons in whose possession this document may come, are required to inform themselves of and to observe such restrictions.
“For availing Portfolio Management Services of JMFS, investor can reach JMFS directly without any intermediation of third party engaged in distribution services, by emailing JMFS at nicky.joshi@jmfl.com.”
Note: The disclosure with respect to the PMS Distribution Commission to be received from the Portfolio Managers whose products/services are being distributed by JMFS is posted on its website www.jmfinancialservices.in. The recipient may
access the same by clicking on this link https://www.jmfinancialservices.in/updates/disclosures .

JM Financial Services Ltd.

AMFI Registration No. ARN – 0002 AMFI Registered Mutual Fund Distributor
Corporate Identity Number : U67120MH1998PLC115415
Corp. Office: 5th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025. Tel: No.: (91 22) 6704 0404, Facsimile: (91 22) 6704 3136
Regd. Office: 7th Floor, Cnergy, Appasaheb Marathe Marg, Prabhadevi, Mumbai 400 025. Tel: No.: (91 22) 6630 3030, Facsimile: (91 22) 6630 3223

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