Non-Resident Indian Investor
Whether you are looking to invest by opening India accounts (NRE, NRO, PINS) or directly from your country of residence in local currency, we have solutions for you. Cross-border investing can be complicated due to regulatory and tax issues in India and your country of residence. Your country of residence will be an important factor in determining the best way to access the Indian markets.
Investment Philosophy
We provide non-resident Indian investors with a long-term, equity-focused value investing option. We look for companies that have intrinsic or inherent value that are not priced correctly by the market for some short-term or irrational reasons. While this is not easy, it is not impossible.
Focus on Indian Securities
We have a 10-year track record and expertise in the Indian capital markets providing various service options and structures to investors. Our focus is primarily on securities of Indian companies that are listed on the Indian stock exchanges. We can provide turnkey solutions to Non-Resident Indians (NRI) investors.
Market Capitalisation-Agnostic
Shepherd’s Hill Group, because of its relatively smaller size, is able to take positions in small and medium-capitalisation companies in addition to large, blue chip companies. This size advantage allows us to find mis-priced “hidden gems” along with large, well-known companies.
Sector-Agnostic
We use a bottom-up approach to investment management. This means a focus on company-level operations and environments. Investment decisions are made purely on the merits of the security under consideration. We do not perform macro or sector analyses as a starting point for our research.
High Level of Interest Alignment
Regardless of the investment vehicle you select, our fee structures are designed to create a very high level of interest alignment between you, the non-resident Indian investor who is physically located elsewhere, and the Fund Manager.
Protection of Capital
Our primary objective is protection of capital over the long term. Our non-resident Indian investors are saving money for important purposes such as children’s education or retirement. The secondary objective is earning superior returns.
Balanced Portfolio
We will maintain a balance between diversification and focus by holding roughly 15-20 positions in the portfolio. This framework seeks to avoid the risk of concentration in just a few positions while seeking to outperform the index or the average mutual fund that has 50 or 100 stocks in it.
Long-term Time horizon
We require all new non-resident Indian investors to commit to an investment time period of 5 years. This long-term perspective allows us to take advantage of “time-arbitrage” opportunities. That is, we buy good, well-run companies at prices that are overly discounted due to short-term considerations.
