Alternate Investment Fund

Renaissance India Next Fund - I

Closed for Subscription

SEBI Registration No.: IN/ AIF3/18-19/0549

Name of Fund Manager: Investment Manager – Renaissance Investment Managers Private Limited

Brief Description: Renaissance India Next Fund AIF I is a Flexi cap oriented close ended Cat-III AIF with a tenure of 5 years. The Fund aims to invest in Growth Drivers of the Indian Economy

Launch Date: Aug-18

Maturity Date: Sep-23

Performance: 23.7% CAGR (Pre-Tax) vs 12.2% CAGR of Nifty 50. Alpha of 11.5% CAGR.

Renaissance India Next Fund - II (BITS)

Closed for Subscription

SEBI Registration No.: IN/ AIF3/18-19/0549

Name of Fund Manager: Investment Manager – Renaissance Investment Managers Private Limited

Brief Description: Renaissance India Next Fund AIF II is a Flexi cap oriented close ended Cat-III AIF with a tenure of 4 years (can be extended +1 year +1 year) The Fund aims to invest in “BITS” – Brand, Internet, Technology & Science.

The BITS Edge:

Competitive Edge: Superior Engagement with Customers driven by Brand/Technology Edge

Network Effect: Superior Brand & Technology creates a Powerful Network Effect for High Growth

Dominant Market Player: Strong entry barriers drives Superior Performance. This augurs well both in terms of growth and valuations

Launch date: Jan-22

Renaissance India Next Fund - III (India Growth 2.0)

Closed for Subscription

SEBI Registration No.: IN/ AIF3/18-19/0549

Name of Fund Manager: Investment Manager – Renaissance Investment Managers Private Limited

Brief Description: A Close-Ended Category III AIF. Tenure - 6 Years (can be extended + 1yrs + 1yrs)

Key Themes of Renaissance India Next Fund – AIF III:

1. Aims to invest in new growth drivers of the Indian economy. One of the themes would be Manufacturing, which we believe is undergoing substantial growth over the next decade. We strongly believe that:

a) India is set to emerge as Global Manufacturing Hub

b) Exports would emerge as a Strong Growth Driver

c) Revival of Investment Cycle after a gap of 10 years

2. Focus on India’s Digital Ecosystem, which is bringing a transformative change in the economy and will be a key pillar in driving GDP growt

3. Another key theme of the fund would be Technology Adoption across Manufacturing & Services, which includes Industrial Automation, and Industrial Internet of Things (IIoT) amongst others

4. It would be a high growth multi cap portfolio with the objective to deliver superior risk adjusted returns

Launch Date: Aug-23

RENAISSANCE INDIA NEXT FUND – IV (OPEN ENDED CAT III AIF)

Open for Subscription

SEBI Registration No.: IN/ AIF3/18-19/0549

Name of Fund Manager: Investment Manager – Renaissance Investment Managers Private Limited

Brief Description: After building a stellar track record with Renaissance India Next PMS – Flexi Cap Strategy, we are excited to announce the launch of our Open-Ended Cat III AIF - Renaissance India Next Fund IV. The new AIF IV fund will be a flexi cap oriented strategy based on our existing India Next PMS.
The portfolio shall invest in high quality, high growth companies at reasonable valuations across the market cap. It is a diversified portfolio with no sector bias and is constructed on bottoms up basis with best investment ideas. The Portfolio aims to deliver superior risk adjusted returns with moderate volatility.

Investment Strategy:

  • A Flexi cap strategy focused to deliver Sustainable High Returns
  • Take advantage of the opportunities presented by mid-cap & small-cap stocks while maintaining a minimum 50% exposure to large-cap stocks.
  • Optimal portfolio construction which strike balance between risk and reward
  • Diversified Portfolio with No Sector Bias
  • High quality focused portfolio of 20-25 stocks

Key Themes: India’s New Growth Drivers:

  • Global Manufacturing Hub
  • Exports
  • Revival of Investment Cycle
  • Digital Ecosystem
  • Technology Adoption across Manufacturing & Services
Renaissance India Opportunities Fund (Large Cap Focused, Open-Ended Cat III AIF)

Open for Subscription

SEBI Registration No.: IN/AIF3/18-19/0549

Why Large Caps?

✔ India’s Large Caps are Delivering Multibagger Returns
Over the last decade, India’s top large caps like Reliance, HCL Tech, Bharti Airtel, ICICI Bank, and TCS have delivered 4x–6x returns, with CAGRs of 15–20%.

✔ Resilience, Stability & Consistency
India's large cap companies have shown secular earnings growth, lower volatility, and better downside protection.

✔ Participation in India’s Economic Ascent
India is now 4th largest economy in the world. Indian economy is expected to grow from a “small cap” to “mid cap” economy in next 10 years – and its market leaders are now playing on the world stage.

✔ Indian Markets has become less volatile
In the last 14 calendar year returns – Nifty 50 has delivered 12 times positive returns out of 14 times.

Investment Strategy:

  • High-quality & High-growth portfolio with minimum exposure of 75%-80% in large caps.
  • Focused portfolio of 30-35 stocks with bottom-up stock picking.
  • The fund may selectively use leverage as and when opportunity arises.
  • The strategy builds on our SQGARP™ approach and delivers superior risk-adjusted returns, as validated by consistent outperformance across our PMS & AIF products.
  • We are running the same strategy on our PMS platform which has an exemplary track record of 5+ years.