Renaissance Opportunities Portfolio

Renaissance Opportunities Portfolio is a large cap oriented equity strategy designed to deliver sustainable high returns through investment in high quality large cap businesses with strong growth prospects and durable competitive advantages. The portfolio follows the Sustainable Quality Growth at Reasonable Price framework which emphasizes companies with sustainable business models, strong competitive edge, pricing power, superior return on equity, free cash flow generation and competent management teams while investing at reasonable valuations. The strategy follows a blend of growth and quality investing with portfolio construction based on best opportunity basis across sectors. The portfolio typically holds a diversified basket of approximately 25 to 30 stocks with around 70 to 80 percent allocation to large cap companies while maintaining selective exposure to mid cap and small cap companies to enhance growth potential. Market cap allocation broadly includes around 70 percent large cap, 20 percent mid cap and 5 percent small cap stocks with limited cash allocation. Sector exposure reflects overweight positioning in financials including banks and NBFC, information technology and consumer discretionary businesses along with exposure to industrials and pharma and chemicals. Stock examples reflecting this approach include HDFC Bank, ICICI Bank, Tech Mahindra, Infosys and Reliance Industries which represent companies with strong competitive positioning and sustainable growth prospects. Sector agnostic with overweight positioning in financials, information technology and consumer discretionary. Large cap mid cap and small cap.