What we stand for
- Create and manage portfolios, which fulfill specific needs of a given pool of investment capital, be it a family, a fund or an institution. Significant emphasis is placed on understanding those needs as a first step in constructing portfolios.
- Das Capital intends to provide an Absolute Return Portfolio, whose return is not relative to any benchmark index performance. We provide such services on account of our focused investment objective and our consistent and disciplined approach to investing.
- We want to be a leading player in the India-focused funds fraternity, yet retain our exclusivity.
Why Das Capital
- Das capital is one of the few fund management outfits in India which has expertise in a variety of asset classes thereby providing clients diversification opportunities.
- Our Core Business is Investment Advisory on a profit sharing basis. The more we generate for our clients the more we create wealth for our venture. Hence, a total non-existence of Conflict of Interest between the Client and the Advisor is achieved.
- The minimum hurdle rate that the fund will target for a portfolio per annum will be inline with risk free rate of return. Performance incentive will kick in only after the hurdle rate of return for the year is achieved for a client portfolio.
- Das Capital provides its offerings only for a Select few clients, whose investment needs and objectives match our offerings.
What we offer
Why a focused fund approach to India
Our Focus on domestic equity (listed, unlisted and private) is derived from the growth rates experienced and to be realized in the coming future. Even after the latest turmoil in the financial world and markets across continents, India is still going to grow at double the rate of GDP of many developed economies, which will result in excellent corporate cash flows. We strongly believe that this economic momentum will be maintained in the coming few years, albeit with cyclical slowdowns. However, the quality of companies one invests in and their management will decide the fate of your investment. With close to 5000 companies listed across various sectors, it is imperative to be selective in when and where you invest. We believe that a focused approach to investing is the safest bet in such a scenario.
Our stock picking philosophy
- We will make investments into listed companies in India by looking at the underlying fundamentals of the companies. We would try to choose those companies which can give better returns than the market over a long term period (3 to 5 years) along with availability of reasonable liquidity at the time of exit in case one opts for booking profits or cutting losses.
- A bottom up approach to stock picking combined with a top down approach towards keeping a close tab on macro economic and policy indicators will be our style of fund management. Our Investment decisions are based upon pure Corporate fundamentals and the ability of a Corporate to create long term value.
- We strongly believe in picking our stocks based on our own research, supported by strong interaction with the Management of Companies and other highly effective data sources. Access to other Research Houses is always available to us but secondary to our requirement.
Structured Deals - Creating special purpose vehicles to hold / incubate investment ideas which are rare and attractive enough to take advantage of the growing promises and strength of Indian markets.
Private Equity - Specific efforts will go into buying strategic stake or minority holdings in unlisted companies / start-ups which promise to be winners over a period of 3 to 5 years. Clear exit plans will be made before initiating any such investment plans.
This will form a part of the asset allocation. The investment focus will be on B Class cities in India that have the potential but are yet to catch the imagination of investors in a big way.
We would use this for capital protection, hedging and parking of funds from time to time.
We would advise in investing in multiple options of international assets to successfully diversify Country and Asset specific risks, if any, hence providing optimal returns. Domestic guidelines will be followed for such investments.
As an extension of our expertise in investments, we also help small to medium enterprises in their funding and strategic initiatives. We are especially active in the private equity advisory space, where we have represented on both the buy and sell sides across various transactions. Most often than not the source of funds will be our own captive client base of family offices. Since, size is a limitation in such transactions, we access Private Equity Funds, which are active in India.
Our services include transaction advisory, structuring the investments, research support, business plan and investment appraisal.
Das Capital was part of the fund raising team for the AIM (LSE) listing of an energy dedicated private equity fund, sponsored by one of the leading energy developers in the country. The fund successfully raised USD 200 mn.
Second round funding of Mini Hydel Project in Karnataka, of USD 0.5 mn, structured through an unique quasi-equity instrument with a guaranteed return.
We currently hold exclusive mandates across various sectors ranging from agriculture, healthcare, automobile, capital goods, etc. All these transactions are at various stages of implementations.