High-Conviction Investing for Long-Term Wealth Creation

The fund is managed by Mr. Shyam Sekhar. Mr. Shyam Sekhar has 3 decades of investing experience in franchisee based high growth businesses. He follows a theme-based approach to investing. His past successes have been identifying emerging themes to the changing economic context, investing early and realising the full potential of the investment theme. His strengths include exposure to multiple industries as a research analyst and managing large sized proprietary portfolios across market cycles.

Solitaire charges a fixed fee of 1.5% p.a. of AUM computed on daily average portfolio value charged on a quarterly basis. All other expenses at Actuals. (Fees Excluding GST). There is no performance fee charged for this fund.

Exit load of 3% for the first year. 2% for the second year. 1% for the third year. NIL for after 3 years.

Solitaire will be driven by the core principles of value investing. We believe seeking early entrée into businesses of the future would capture intrinsic value early enough to generate superior returns. There will be low churn in the portfolio and a buy and hold strategy will be followed.

The investment framework we have created for Solitaire ensures that prudent portfolio management is sustained. We have tested this framework for an extended time period across the last market cycle. Its robustness and sustained risk mitigation has given us confidence that we will be able to create a low-volatility product for our investors. We avoid concentration risk by ensuring single sector restriction in the fund will be capped at 55% and single stock exposure will not be more than 25% at any given time.

Solitaire aims to invest in well managed, growth driven companies with proven business models which are good capital allocators.

The fund does not have a model portfolio. While majority of the portfolio will look alike, a few stocks may vary from one portfolio to another based on when an investor begins his investment and valuation comforts at the time.

There are no sectoral restrictions as we follow a bottom-up approach to stock picking. In terms of market capitalisation, the fund will not invest in companies with a market cap of less than Rs. 1000 crores.