- Product Offerings
- Thematic Portfolio
- Export Portfolio
Investment Philosophy: A thematic Portfolio which aims to provide long-term capital appreciation and generate returns by investing in all important sectors encompassing the exports theme. For defensive consideration the Portfolio may invest in debt and money market instruments.
A thematic Portfolio, which aims to provide long-term capital appreciation and generate returns by investing in all important sectors encompassing the exports theme. For defensive consideration the Portfolio may invest in debt and money market instruments.
Under normal circumstances the Portfolio aims to invest in the range of 65% to 100% of the portfolio in equity and equity related securities. The Portfolio will inter-alia invest in companies, which have a large component of their revenues coming from exports or from supplying to entities which are exporters or who receive revenues from their subsidiaries abroad. An indicative list of industries which fall in this category are as follows: (Please note that the list is indicative and the Portfolio Manager may add such other sector/group industries which broadly satisfy the criteria. These sector(s)/stock(s) mentioned below do not constitute any recommendation of the same and the Portfolio Manager and may or may not have any future position in these sector(s)/stock(s))
- Information Technology
- Auto/ Auto Ancillary
- Gems and Jewellery
- Glass Industry
- Transport/Logistics which facilitates international trade
- Local companies having facilities abroad
The Portfolio endeavours to invest in high conviction ideas across stocks of companies having high profit potential, through bottom up stock picking approach. It is envisaged to be a focused portfolio of 15-20 stock ideas, agnostic to market capitalizations. The Portfolio Manager seeks to optimally diversify across stocks, retaining the ability to be over weight on certain high conviction picks, to potentially generate higher alpha. In case of debt exposures, the Portfolio currently envisages no direct exposure to debt issuances of corporate. Rather the Portfolio may invest in debt class through the Money market mutual funds of ICICI Prudential AMC.
The Portfolio will not be limited by any particular investment styles and would have the flexibility to choose between stocks across investment styles. Cash may be used as hedge against sharp declines in equity in an endeavour to protect the Portfolio.
Indicative Portfolio Construct:
- Equity and equity related instruments to the tune of 65-100%.
- A focused portfolio of 15-20 ideas, agnostic to market capitalizations
- Debt, Money Market and Cash in the range of 0-35% through money market mutual fund scheme/s of ICICI Prudential Mutual Fund for temporary investment purpose
- Portfolio Term
- Open- Ended
- Minimum Ticket Size
- Rs. 25 Lacs
- Investment Horizon
- 3 years since inception
- Benchmark Index
- Export Index