India Renaissance Fund - 1 - Kotak Mahindra Asset Management Company Ltd

Kotak Renaissance AIF’s investment strategy is to invest in secular growth opportunities with improving earnings growth that our miss-priced in markets. “The key is not to predict the future, but to prepare for it.” . Global opportunities may shift, domestic macro outlook may deteriorate and political winds will blow as they will but ‘Earnings are Still like Gravity’. Market usually tend to reward earnings growth over the medium-long term. Our bottom-up investment approach is to invest in high quality companies having sustainable moats that underpin good visibility on earnings/cash flow growth. Our strategy for stock selection focusing on earnings growth compounders should help generate healthy positive risk adjusted returns over a reasonable investment period of 3-5 years.