Karvy Private Wealth introduces India’s First ever Multi Asset Structured Product
01/11/2011

• Product offers effective portfolio diversification benefit and no downside risk as the capital is 100% protected from market risks
• The product pays 1.1 times the return on the positive basket performance

Online PR News – 11-January-2011 – – Hyderabad, 10th January, 2011 – Karvy Private Wealth, the wealth management arm of KARVY Group, a 27 year old leading end-to-end financial services company, launched Aries, the first of its kind multi asset structured product in the Indian market. With this launch, for the first time ever, Indian investors will be able to make capital protection oriented investments in multiple asset categories through a single product. The product that comes under the Alternative Asset class has been introduced by Karvy Private Wealth post releasing its India Wealth Report in 2010 which gave a unique perspective on the Indian Wealth Industry highlighting that the Alternative Asset instruments will see huge growth in the coming years

Aries is a 40 months’ investment, linked to the basket of Nifty & Gold returns. A basket consists of 60% of Nifty units and 40% of Gold units. The product by Karvy brings in twofold benefits for the investors 1) Capital appreciation by participating in the equity markets 2) Capital preservation and diversification by adding Gold into the portfolio. The product offers complete capital protection to the customers and pays 1.1 times the return on the positive basket performance with no upside cap which means risk averse investors not only have total protection for their principal amount but will also receive 1.1 times return on their investments based on the market performance.

The availability of multiple asset classes, consistent performance of gold during the last decade and equities being the best performer in 2009 leaves investors with many choices but no clear direction of where to invest to get best returns with minimum risk. At such time, the need of an effective strategic asset allocation becomes inevitable. Karvy Private Wealth with its established credentials in the domain of wealth management saw the need and introduced the product that includes two asset classes – equity and Gold in a single structure with an aim to achieve strategic asset allocation and generating greater returns with minimal risk for the investors.

Commenting on the launch, Mr. Hrishikesh Parandekar, CEO Karvy Private Wealth said, “The India Wealth Report launched by Karvy recently had predicted that Alternative asset classes will emerge as new and rapidly growing investment mode for HNI investors.We want to take leadership in the space and have now launched Aries – to enable our investors to quickly take advantage of emerging opportunities and enjoy the multiple benefits of this product.”
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About Karvy Private Wealth (KPW):

KPW is the specialized wealth management division of the KARVY Group set up to cater to the high networth individuals and business families keeping in mind their requirement for a different kind of financial planning and management that will augment not just existing finances but ensuring long term wealth creation. KPW prides itself in delivering best in class investment advice coupled with the soft touch of dedicated customer care and personalized attention. KPW is a world-class wealth management business achieved through high quality and honest advice emerging from incisive research, breadth of product suite and product neutrality. This advice is delivered by Wealth Advisors who understand the specific aspirations of each individual client.
KPW offers a wide array of products and services, providing clients a variety of options through a single point contact. The services they provide include Family Office Service, Comprehensive Financial Planning, Wealth Review & Investment Strategy, Goal Driven Investing, Risk Management, Property Purchase and Financing, Retiree Services, ESOP advisory among others. Along with Advisory Services they also help invest in various Domestic and International Products such as Structured Products, Private Equity, Portfolio Management Services, Equities, Debt Instruments, Commodities, Mutual Funds, Insurance, and Real Estate.

About KARVY Group:
The KARVY Group is a premier and leading integrated financial services company. KARVY services over 60 million individual investors in various capacities, and provides investor services to over 400 corporates. KARVY has a network of 400+ branches and 500+ franchisee’s which enables an unmatched reach to ‘stay in touch’ with the customers as well as it acts as a delivery mechanism for its various products.

The KARVY Group covers the entire spectrum of financial services such as Stock broking, Depository Participants, distribution of financial products (mutual funds, bonds, fixed deposit, equities), Insurance broking, Commodities Broking, Personal Finance Advisory Services, Merchant Banking & Corporate Finance, Wealth Management, NBFC, Placement of equity, IPOs, among other. Such diversification offerings allows for scale, stability, agile solutions and expertise building. KARVY is focused on understanding its customer needs which helps in customizing/offering solutions best suited for clients.

KARVY’s proven research capabilities and intelligence are the backbone for its various business divisions. This enables the design of new solutions and services, provides new insights to markets, predicts trends and arms the clients to make informed decisions.

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