Renaissance India Next Fund III – India Growth 2.0

Fund Snapshot

Fund Overview

Renaissance India Next portfolio is a Dynamic Thematic Portfolio. The portfolio adopts a theme that is driven by macro-economic factors and constructs a focused portfolio on a bottom-up basis with the underlying theme. Thus, the portfolio achieves the right blend of top-down approach towards theme selection and bottom’s up approach towards stock selection.

At the same time, the portfolio manager changes the underlying theme of the portfolio every 3 years based on the changes in the macro-economic fundamentals thus making sure that at any point of time the theme of the fund is aligned with prevailing macro-economic fundamentals and drivers.

Our current theme is ‘Growth & Income’ which is blend of Investing into High Growth Business in India (Growth Portfolio) at the same time given high inflationary macro backdrop have an Inflation Hedge (Income generating) Equity Portfolio of companies with strong pricing power. This approach highlights how Renaissance PMS balances growth with stability for long-term investors.

Investment Process

Stock Universe

• Growth Prospects
• Quality of the Business
• Management Quality
• Corporate Governance
• Track Record of the Business

Research

• Sector Research
• Company Research
• Management Meeting & Review
• Valuations
• Analyst Fair Value
• Investment Recommendation

Portfolio Construction & Monitoring

• Portfolio Construction based on best ideas on bottoms up basis and in line with Investment Objectives and Risk Limits
• Portfolio Monitoring

Risk Management

• Managing various risks
• Quality Risk
• Price Risk
• Volatility Risk
• Liquidity Risk

Investment Framework: Sustainable Quality Growth At Reasonable Price

Sustainability

• Companies with Sustainable & Durable Business Models

Quality

• Superior Quality Businesses as demonstrated by Competitive edge, Pricing power, ROE, FCF
• Good Quality and Competent management teams

Growth

• Business that can deliver Superior Growth over Medium term to Long term

Price

• Ability to invest at Reasonable Valuations. Fair Value approach to valuations
• Focus on Economic Value of Business

Investors’ support system

Client Onboarding 

Physical & Digital Onboarding is available

Distributor’s Login Portal

Distributors will be provided with the Login to CAMS Portal for downloading SOA

Monthly Communication

Investor will be provided with monthly performance updates through Fact sheets and Statement of Accounts

Escalation Matrix

Level 1: Partner Sales & Customer Service Team

Level 2: Renaissance Customer Service Team

Level 3: Renaissance Sales Team

Level 4: Renaissance Fund Manager Engagemen