Nuvama Real Estate

Commercial Real Estate (CRE) is a compelling addition to our suite of alternative investment offerings, designed to bring institutional-grade real estate investing to domestic investors.

As India's urbanization accelerates and demand for high-quality office, retail, and industrial spaces grows, CRE presents a resilient, inflation-hedged asset class. Through our strategic partnership with Cushman & Wakefield ' a world-renowned commercial real estate player - our CRE strategies leverage the successful global playbook and offer access to institutionally managed prime assets in prime micro-markets backed by robust tenants and long-term leases, providing investors with cash flows, long-term capital appreciation, and portfolio diversification. With deep market expertise and active asset management, we aim to unlock value across the real estate lifecycle.

Our Commercial Real Estate vertical offers domestic investors resilient, inflation-hedged exposure to Grade A+ office assets. Backed by Cushman & Wakefield, our strategy provides access to prime, institutionally managed properties with strong tenants and long leases'delivering cash flows, capital appreciation, and portfolio diversification through expert, active management.

A market defining partnership

50% - 50% Joint Venture with both partners having 'skin-in-the-game'
Nuvama Wealth and Asset Management logo

Wealth & Asset Management

Integrated investment management expertise including governance, investing risk, portfolio & divestiture management

Asset Under Advice icon

~ INR 4.5 lac cr

Asset Under Advice
Clients icon

~ 1.2 mn+

Clients
Prime Offices Fund logo
Cushman and Wakefield logo

Real Estate

End-to-end value change presence and expertise in Commercial Real Estate. In-house capabilities to identify, build, finance, lease and operate

Buildings managed globally icon

6.1 B SF

Managed globally
Real estate managed in India icon

396 M SF leased + 178 M SF of stock managed in India

Target Size: INR 4,000 Crores
First Close: INR 1,250 Crores
Commitment: INR 2,500 plus Crores
Status: Fully Deployed
1st Transaction: December 2022
Greenshoe exercised
Only domestic platform with investing and operational abilities

Nuvama Enhanced Dynamic Growth Equity [EDGE]

THE EDGE OF EQUITY INVESTING

Consistent Equity Returns

Aims to deliver consistent equity like returns over 1-3 years while lowering the portfolio volatility

Limits Downside

Limits the downside during corrections, increases the potential to generate alpha over long term

High Sharpe ratio

Not just another benchmark hugging portfolio, complements your long only equities porrfolio

Launched

April 2021

Nuvama Equities Expansion Target [NEXT]

THE NEXT LEVEL OF GROWTH

The Opportunity

Small and Mid Caps High earnings growth expectations, selection rigor by an experienced team

Investment Themes

Premiumization of consumption Globalization India's time in global trade Transformation of nation's infra

Growth Portfolio

30-35 High quality companies with a potential to multiply 2x in 3-5 years

Launched

July 2023

Nuvama Absolute Return Strategy

A debt multiplier offering predictable yields

Alternative to Debt

Debt multiplied returns in a low real rates world

Attractive Product Design

Periodic liquidity in a debt-like offering via a DPMS structure with pass-through taxation

Experienced Team

Amongst the leaders in the equity long-short space basis performance, having delivered ~8% alpha over the benchmark in FY23

Multi Asset Class Strategy

One of the few offerings in the space investing across multiple uncorrelated asset classes to reduce risk

Launched

June 2023

Performance Updates

3M

6M

12M

24M

36M

Since Inception

EDGE*

-2.8%

-9.7%

10.8%

22.6%

17.5%

17.9%

NIFTY50 TRI

-0.3%

-8.5%

6.7%

17.8%

11.7%

14.0%
*Data as of Mar'25. Returns are for Class A1, net of management fees and expenses, gross of performance fees and taxes. Fund inception date: 5th Apr'21. All numbers mentioned are in INR unless specified. Source: NSE India for Nifty 50 TRI.

3M

6M

12M

Since Inception

NeXT

-16.0%

-19.3%

7.3%

15.7%

BSE 500 TRI

-4.4%

-11.8%

6.0%

16.5%
*Data as on Mar'25. NeXT strategy deployment began on 10th Jul'23, portfolio returns are net of fees and expenses against gross benchmark basis TWRR(Time Weighted Rate of Return).

3M

6M

12M

Since Inception

Nuvama Absolute Returns Fund*

1.4%

1.1%

9.1%

11.2%

CRISIL Composite Bond Index

2.5%

3.9%

8.8%

7.9%
*Data as on Mar'25. Inception date: 6th Jun'23. *Strategy returns are net of fees and expenses basis TWRR (Time Weighted Rate of Return) against gross benchmark returns. BM Index data source: CRISIL

3M

6M

12M

Since Inception

Nuvama Multi-Asset Strategy Returns Fund*

-0.6%

1.7%

7.1%
Data as on Mar'25. *Strategy returns are net of fees and expenses at the fund level since strategy inception on 28th May'24.

3M

6M

12M

Since Inception

Nuvama Nuvama India EDGE Fund*

-2.1%

-11.0%

-10.0%

Nifity50 TRI

-0.2%

-10.4%

-9.0%
*Fund Inception: 17th Sep'24, NAV and returns are in USD. Fund returns are net of management fees and expenses, pre-tax and preperformance fees vs gross benchmark returns. Benchmark returns are of Nifity50 TRI converted to USD. Source: NSE India for Nifity 50 TRI.