Avinash Agarwal

Bandhan Life-IP is an active, medium- to long-term manager that invests through their fixed-income, equity, and hybrid funds, aiming to generate stable and attractive long-term returns with low risk. Through their funds, the firm constructs portfolios invested in a range of instruments and strategies, such as diversified equities, balanced equity and debt investments, government debt, corporate debt, money market and other short- to medium-term fixed-income securities, sector-specific equities, and equities without stock-specific risks.

PGIM India offers a diversified suite of actively managed investments across a broad spectrum of asset classes to meet the long-term needs of investors.

Sundaram AM is an active, research-oriented manager which employs a fundamental approach, seeking long-term outperformance by investing in large and small/medium-sized companies with unique business strength in attractive sectors, sound and transparent management, visibility and durable growth at a reasonable price. The firm performs fundamental quantitative analysis, including regular company visits, to assess markets, seeking to identify attractive and relatively unknown companies with strong financial characteristics evaluating profit margins, finance charges, cash flows, revenue and earnings growth, value add, return on equity and Du-Pont analysis, return on capital employed, working capital efficiency, trend analysis for key parameters and peer and industry aggregate comparison. To generate ideas, they look at a variety of macroeconomic factors including GDP, inflation, interest rates, money supply, credit growth, forex accretion mapping sector patterns in GDP growth, and the economic cycle. The company-specific factors they evaluate include future growth drivers, management capability, capital intensity and balance sheet strength. Sundaram constructs portfolios utilizing a core/satellite approach, where the core portfolio contains a significant percentage of large-caps and the satellite portfolio is based on small/mid-caps. They qualitatively evaluate business/sector prospects and the product lifecycle/business cycle. They look at a company's risk profile, including their leverage, ability to raise equity, cost of capital, track record in debt repayment, qualitative aspects, transparency, management quality and capability and fairness in treatment of minority shareholders.

Provides brokerage services

PAM is an active manager which invests through their funds aiming to deliver reasonable market related returns with reduced risk and higher liquidity. Their geographic focus is on the public equity and fixed-income markets in India. The firm invests in a range of instruments including money market, corporate debt, cash and & cash equivalent, fixed deposits, shares, equity, gilts, equity and equity related securities including derivatives and debt. For equities, they generally manage diversified portfolios of strong growth companies with sustainable business models, constructing portfolios based on bottom-up stock selection with top-down overlay with respect to macro review and sector focus. For fixed-income, they construct portfolios to manage interest rate risk across different asset class and duration buckets.