Samnidhy Faq's

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SAMNIDHY

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SEBI REGISTERED FUND

SAMNIDHY|SMIF FAQ [email protected]

Q1.) What is samnidhy?

Samnidhy is a Student Managed Investment fund whose investors and the fund managers

belong to TAPMI fraternity. The corpus to be invested is raised from the students, faculty

members and alumnus of TAPMI and a team of selected students of TAPMI manage the fund

with an objective of maximizing investor’s wealth over a period of time.

Q2.) Is it associated with some legal entity?

Samnidhy will have two major registrations which will grant it a legal status as per the Indian

law. Samnidhy will be registered as an Association of Persons (AOP) company under the

Registrar of Companies, Ministry of Corporate Affairs and the guidelines there under.

Also Samnidhy will be registered as an Investment fund under the Securities Exchange Board of

India (SEBI) and the guideline laid there under.

Q3.) How is it different from other Investment funds?

In India, there are currently three organized Student Managed Investment funds that are run

by the different top notch B-schools. But all these funds are privately run by the students of

those institutes on their personal accounts making it more of a trust transactions.

Samnidhy will be the fourth student Investment fund in India but the only fund to run in a legal

structure and be recognized by the regulators of the market.

Q4.) How are Bloomberg and Samnidhy related/different?

Samnidhy is a Student Investment fund where students of TAPMI can invest in the fund with an

objective of earning returns associated with stock investments.

Bloomberg is a financial database which helps our analysts to dig in financial data and work on

their research for samnidhy

Q5.) What is the structure of the core team?

Samnidhy core team is guided by an Advisory Committee which consists of seven members:

1. Dr. Prabhakar Patil, Joint Director, Securities Exchange Board of India (SEBI)

2. Mr. Viswanathan Iyer, Director, National Australia Bank

3. Mr. Dhaval Vakaria, Vice President, Avendus Private Equity Advisors

4. Mr. Arijit Mukherjee, Vice President, AnandRathi

5. Prof. Madhu Veeraraghavan, Area Chair, Accounting, Economics and Finance, TAPMI

6. Prof. Aditya Jadhav, Associate Professor, Accounting Economics and Finance, TAPMI


7. Prof. Vishwanathan Iyer, Associate Professor, Accounting Economics and Finance Area

Core Samnidhy team comprises of 43 student members, which has:

• 14 PGP II analysts and

• 29 PGP I analysts

Q6.) How and when can we make the investment?

The fund will be launched with a New Fund Offer (NFO) where the interested investors will be

given a time window to invest in the fund. Once the NFO closes any requests for fresh

investments in the fund will be accepted on the 5th

of every month.

Q7.) What is the maximum/minimum amount that can be invested?

The minimum amount an individual can invest in samnidhy is INR 1000

The maximum amount an individual can invest in samnidhy is INR 5000

Q8.) Is there a guaranteed return?

No equity fund in the world gives guaranteed returns and neither do we. But we follow the

policy on maximizing wealth and minimizing risks and try to outperform market return at every

level.

Q9.) What are the risks associated with these investments?

Samnidhy is a pure equity fund. Therefore your investments are subject to the risk associated

with investments in Stock market.

Q11.) Is there a provision to withdraw the investment?

Yes, an individual investor is given a choice to withdraw their investment in the month they

graduate from TAPMI which is mostly the month of March every year for the batch graduating

that year. If the individuals want to remain invested in the fund after graduation as an alum,

they are allowed to do so.

Q12.) Samnidhy- SMIF, is there any association with TAPMI?

Samnidhy and TAPMI are two different legal bodies run and managed in silos from each other

and are totally dissociated with each other. No member of the TAPMI management bears any


responsibility towards samnidhy’s obligations and no member of the samnidhy body bear any

responsibility towards TAPMI’s obligations financial or otherwise.

Q13.) Who all can invest?

Only the Management staff, administration staff, faculty staff, students and alumnus of T. A. Pai

Management Institute (TAPMI), Manipal are invited to invest in Samnidhy.

Q15.) Can I invest again after the initial investment?

The minimum an individual can invest in one transaction is INR 1000 and the total collective

investments of an individual can go upto INR 5000. Therefore you can invest in the fund multiple

times till your collective investment reach upto INR 5000.

Q16.) What are the reporting standards in samnidhy?

Samnidhy follows the highest standards of transparent reporting to its investors. The following

are the guidelines laid down by us:

• Samnidhy bank statements will be made public on every last Saturday of the month to

all the investors

• Samnidhy demat account statements will be made public on every last Saturday of the

month to all the investors

• A review report on the fund will be shared every 15 days with all the investors

• A Performance report on the fund will be shared every quarter with all the investors

• An investor meet will be conducted each quarter where all the investors will be invited

to question and discuss the prospects of the fund with the samnidhy team

• Any investor can register his/her grievance against the fund with the Chief People’s

Officer (CPO) of samnidhy and the CPO will personally report to each investor for the

same

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