Minerva

Un-skewed alpha capture,

with asymmetrically lower

volatility.

At Minerva, we aim to capture sustainable alpha in a segment that is institutionally orphaned or under-owned.

We do that by applying our robust time-tested forensics framework to our investment universe, with an uncompromising focus on value.

Investment Process - Rigorous fundamental analysis, coupled with an iterative process that maximizes Margin of Safety.

Only the businesses that exhibit the following tenets become prospects for inclusion in Minerva India Under-served:

SUSTAINABLE GROWTH

ACCOUNTING CLARITY

PARTIALLY CONSTRAINED BY VALUE

MISPRICED IDIOSYNCRATIC SITUATIONS

Our Products

We have fund structures available for both Indian (Resident/Non-Resident) and International investors.

PMS fund

India Under-served PMS fund (separately managed accounts structure), offered on Right Horizon's platform. The minimum ticket size is INR 2 Cr.

Offshore Fund

A USD denominated offshore fund (commingled structure), domiciled in Mauritius, offered on Dovetail's platform. The minimum ticket size is USD 250k.

ASEAN Strategy *

Underserved strategy for ASEAN(ex-SG) accessed via a GIFT city based execution partner in separately managed account structure. The minimum ticket size id USD 250K

* Our latest offering leveraging our 14 years of experience in investing in similar market segment in Indian equities.

Minerva India Underserved Fund Snapshot

Inception:

2011

18% CAGR

since inception

Institutional

grade

Fund Principal

Piyush Sharma

Piyush Sharma launched the Minerva India Under-served strategy in 2011. Having spent time with Citigroup and BSE in India, he moved to United States in 2002, where he covered stocks within Business Services, Autos, Consumer Products and Financials with Sanford Bernstein, Longbow Research, and Avondale Partners, working in teams that received accolades from leading institutional research arbiters, including Institutional Investor (II) and Greenwich Associates.

Piyush received an MBA from University of North Carolina at Chapel Hill, and BS in Accounting from University of Allahabad.

Contact Us

+1-919-360-0359 [United States]

+91-9910944277 [India]

Email:

piyush.sharma@minervaassetadvisors.com

arpit.khunteta@minervaassetadvisors.com

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