The document is purely for informational purposes only and does not constitute an offer for participating in any of the financial products or services of Avendus Wealth Management Private Limited (“AWMPL”) or its affiliates, and shall not be used for any commercial purposes. This document is neither a prospectus nor an invitation to subscribe to any financial products offered by or on behalf of Avendus or any of its affiliates. Nothing in this document is intended to constitute legal, tax, securities or investment advice, or opinion regarding the appropriateness of any investment, or a solicitation for any product or service. The facts and figures stated in this document by the authors have been sourced from public sources. Nothing contained herein shall be construed as a guarantee, warrantee or promise in relation to future performance, made by or on behalf of AWMPL or its affiliates. Certain information contained herein may be based on or derived from third-party independent sources. Avendus cannot guarantee the accuracy of such information and has not independently verified the accuracy of such information.

No representation or warranty (expressed or implied) is made as to, the fairness, accuracy, completeness or correctness of such information or opinions contained herein and nothing contained herein should be relied upon as a promise, representation or indication of the future performance of Avendus or any other entity. This note does not claim to contain all information that a potential investor may require. Potential investors should not construe any information contained therein as advice relating to business, financial, legal, taxation or investment matters.

Certain statements made in this note may not be based on historical information or facts and may be “Forward Looking Statements”, including those relating to general business plans and strategy, future financial condition and growth prospects, and future developments in industries and competitive and regulatory environments. Although Avendus and the authors believe that the expectations reflected in such Forward Looking Statements are reasonable, they do involve a number of assumptions, risks and uncertainties. The statements contained in this note speak only as of the date of this note, and Avendus and the authors do not undertake or assume any obligation to update or revise any of them, whether as a result of new information, future events or otherwise. Actual results may differ materially from any Forward-Looking Statements due to a number of factors, including future and/or unforeseen changes or developments in the business, its competitive environment and political, economic, legal and social conditions in India or other jurisdictions. Given these uncertainties, potential investors are cautioned not to rely on such Forward Looking Statements, and should rely entirely on their own independent enquiries, investigations and advice regarding any information contained in this note. Any decision to invest should only be made after careful review of the product offering documents. Any reliance placed by a potential investor on the information contained in this note is wholly at their risk. Certain investments can be subject to sudden and large falls in value that could equal or exceed the amount invested. Value and income from investments may be adversely affected by exchange rates, interest rates, or other factors. Investment involves risk. It is important to note that the capital value of investments and the income from them may go down as well as up and may become valueless and investors may not get back the amount originally invested.

All third-party logos / icons if any referenced herein remain the property of their respective owners solely. Any such reference herein is only to identify the relevant entity / organisation and shall be considered honest and fair use under the IP laws. Any claims pursuant to such usage in this document shall not be made against AWMPL and/or its affiliates.

You agree to indemnify and hold AWMPL and/or its affiliates, its directors, officers and employees and agents harmless from any and all costs, claims, liabilities and expenses (including legal fees and expenses) arising out of or in connection with any breach of the foregoing acknowledgements and undertakings made by you in this document.

Avendus may alter, modify or otherwise change in any manner the content of this note, without warning or obligation to notify any person of such revision or changes. Avendus, its affiliates, employees, disclaim any and all liability for any direct, indirect or consequential loss or damages suffered by any person as a result of relying on any statement in, or omission from, this note.

The information provided herein is not intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Avendus or its affiliates to any licensing or registration requirements. It is the responsibility of any potential investor to satisfy itself as to full compliance with the applicable laws and regulations of any relevant jurisdiction.

Avendus Wealth Management Pvt Ltd., 901, Platina, 9th Floor, Plot No. C-59, Bandra Kurla Complex, Bandra (E), Mumbai 400051, T: +91 22 6648 0050/6648 0950; F: +91 22 6648 1440; www.avendus.com; Email: contact.wm@avendus.com;
CIN: U67120MH2008PTC179931. Avendus Wealth Management Private Limited is registered with SEBI as a Portfolio Manager - Registration number INP000005257 and as Investment Adviser – Registration Number: INA000006527. Investment Manager to SEBI Registered Category – III Alternative Investment Fund – Avendus Equity Opportunities Fund Reg no: IN/AIF1/17-18/0360.

AWMPL is an AMFI-registered Mutual Fund Distributor with ARN 86906.

(For more registration details please refer to our website)

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