NAFA Small Cap Portfolio

FUND OVERVIEW

• Type: A focused equity strategy with a Small cap bias.

• Objective: To achieve higher returns through investment in high potential Small cap companies.

• Benchmark: S&P BSE 500 TRI.

• Horizon: Min of 3-6 years.

OBJECTIVE & STRATEGY

• Invest primarily in Small Cap companies with visionary management having potential to scale up and grow exponentially over a 5 to 7 year period and to generate higher risk-adjusted returns

• Seeks to achieve outperformance by investing in emerging market leaders and take active sector, stock and cash calls.

• A concentrated portfolio of 20-25 stocks to avoid diluting returns through over-diversification.

• Follow a framework with emphasis on investing in growth stocks with quality management, high ROE and low leverage.

TOP 5 STOCKS AND SECTORS

• Stocks:

  1. Greenpanel Industries Ltd.

  2. Timken Ltd.

  3. HDFC Bank Ltd.

  4. City Union Bank Ltd.

  5. Mrs. Bectors Food Specialities Ltd.

• Sectors:

  1. Construction Materials

  2. Automobile & Ancillaries

  3. Banks

  4. FMCG

  5. Chemicals

• Trailing Returns:

*Performance as on 31 May-25

PERFORMANCE % NAFA Small cap BSE 500 TRI Index

1 Month 9.2% 3.5%

3 Months -15.5% 14.6%

6 Months -3.4% 0.6%

1 Year 7.7% 8.5%

2 Years 17.6.% 20.9%

3 Years 17.8% 18.1%

5 Years 31.8% 25.1%

Since Inception 20.0% 16.7%

(Inception Date: 11-Mar-2019)

Disclaimer: Past performance is not indicative of future results. Performance shown since 11-Mar-2019, as client monies were managed from this date. Performance related information provided herein is not verified by SEBI. All returns and % changes are in INR terms unless otherwise stated.