Renaissance India Next Portfolio

Renaissance India Next Portfolio is a flexi cap equity strategy designed to deliver sustainable high returns through investment in quality businesses that can generate durable growth over the medium to long term. The portfolio follows the proprietary Sustainable Quality Growth at Reasonable Price framework which focuses on companies with sustainable business models, superior growth prospects, competitive advantage, strong return on equity, free cash flow generation and good corporate governance while investing at reasonable valuations. The strategy capitalizes on opportunities offered by mid and small cap companies while maintaining balanced exposure to large cap businesses to achieve optimal portfolio construction that strikes a balance between risk and reward. The portfolio typically holds a diversified basket of about 25 to 30 high quality stocks with no sector bias while focusing on businesses capable of delivering sustainable earnings growth. Investment themes include financials such as banks, NBFC and capital markets, consumer discretionary and retail, information technology and digital businesses including consumer internet and fintech platforms. Stock examples reflecting this approach include HDFC Bank, Infosys, Tata Consumer Products, Federal Bank and Tech Mahindra which represent companies with strong competitive positioning and sustainable growth potential. Portfolio allocation broadly includes large cap, mid cap and small cap companies with emphasis on quality growth businesses and disciplined risk management. Sector agnostic. Large cap mid cap and small cap.