Why India Avenue
OUR EXPERIENCE AND TRACK RECORD
A SOLE FOCUS ON INDIA
Our business is the only pure India focused investment firm, based in Australia and New Zealand. This helps us provide customised knowledge and unique insights to our clients. Our view at India Avenue is that India’s equity markets offer the most unique, liquid and investable growth story in the world today. Given our conviction over the long-term, we invest alongside our investors in the India Avenue Equity Fund to align our interests in achieving the best outcome for clients.
OUR LOCAL EDGE
Our partnerships with highly skilled, locally based investment advisers (for stock selection and conviction levels) allows our investors to benefit from their deep knowledge of India’s local ecosystem of company promoters, consumers, producers, employees, suppliers, end-users and market participants like stockbrokers and regulators. It is impossible in our view to successfully invest in India’s equity markets without access to the local knowledge of practised investment professionals, managing money in the ecosystem for the last few decades.
ACTIVELY MANAGED
India’s equity markets are inefficient in our view. This means that actively managed portfolios with exposure to companies of all industries and capitalisation sizes can provide a far broader and more aligned exposure to India’s growth story compared to more passively managed funds or ETF’s which focus more on the large capitalisation, already successful businesses in India. Therefore, it is our view that clients seeking growth in their portfolios for long-term wealth creation and considering an investment in India, should focus on actively managed exposure to truly benefit from India’s growth story.
India Avenue is a boutique investment management firm providing investment solutions that allow our clients to benefit from India’s remarkable growth story.
OUR BUSINESS
2005
The journey towards the “birth” of India Avenue originated in 2005, when ING Investment Management started a business in India as a separate division, utilising a practiced multi-manager philosophy in markets like Australia, and exported it to India. Three of our founders, Mugunthan Siva, Rajeev Thakkar and Sajjan Raut Desai worked together for INGIM (India), building investment strategies and structures, under this philosophy and applying them to Indian capital markets
2011
In 2011 our founders started discussing the possibility of building an investment firm with a capability to provide a focus on India as an stand-alone investment jurisdiction for foreign investors. The founders identified Australia and New Zealand as nascent markets for investing in regional locations, with the potential to accelerate given education and insights which the firm could provide.
2015
By 2015 the group of founders decided to work full-time on this concept to bring it to life. They did this by leaving their existing employment, thus exercising high conviction in the investment region of India as a long-term structural story for investors in Australia and New Zealand. Thus, the firm India Avenue Investment Management was registered and came to life in 2015 in Sydney, Australia.
2016
After building our business for a period of 12 months, our first fund, The India Avenue Equity Fund was launched on 6th September 2016, with strong service provider partners like Equity Trustees (RE), Mainstream (Fund Administrator), KPMG (Fund Auditor) and BNP India (Custodian).
NOW
India Avenue is now a boutique investment business firm, with clients spread across family offices, high net worth individuals, wealth advisers and financial planning firms. Our firm has focused on education and knowledge as a driver of investment behaviour and have taken a long-term approach towards Australian and New Zealand investors contemplating an allocation to India’s growth as part of their portfolios. Our firm has assets in excess of A$50m and the India Avenue Equity Fund is rated “Recommended”* by Lonsec and is available on multiple investment platforms across Australia and New Zealand.