Nippon India – The NEXT BILLION

Aim to deliver superior returns by participating in the India growth story through a focused portfolio of high growth businesses that stand to benefit from a paradigm shift in the economy unleashed by the next 1 billion of Indians who live in Tier II-IV cities, semi-urban & rural India

• Post identification of stocks based on rigorous fundamental research, identify reasonably priced stocks, based on Valuation gap analysis
> Historical Vs Current valuations
> Peer Group Valuation
> Potential Rerating Triggers

• Invest in stocks with the Highest Conviction

• Such companies tend to weather sector declines

• Benefit of the early identification of an investment idea; higher potential for outsize returns