---

Performance of the first client under the investment advisory firm, RW Investment Advisors LLP was a TWRR of 19.5% (net of brokerage and fees) vs 13.5% for Nifty50TRI (benchmark) since inception. As shown below, the strategy outperformed NIFY50TRI (benchmark) for 6 out of 9 years.

• Our performance is net of fees & expenses
• Date of inception – 17^th Dec 2013 (FY15: 17 Dec 2013 to 31 March 2015)

Disclaimer:
This Confidential Presentation is provided to the recipient solely for informational purposes. It does not constitute an offer to sell or a solicitation of an offer to buy any interests in any entity managed or advised by Courser Park Advisors LLP (the “Portfolio Manager”). Under no circumstances should this document be construed as an advertisement or public offering. No part of this document may be reproduced or distributed without the prior written consent of the Portfolio Manager. Performance data presented herein is calculated net of all fees, expenses, and applicable taxes, and includes all cash holdings and investments in liquid funds as required under SEBI guidelines. The performance reported in this material is consistent with the data reported to SEBI, and represents the aggregate firm-level performance of all portfolios managed by the Portfolio Manager. Please note that the performance-related information provided herein has not been verified by SEBI. This advertisement or material is designed to be truthful, fair, and clear. It avoids exaggerated claims and is not intended to mislead by omission or implication. There is no promise or guarantee of assured or fixed returns, either directly or indirectly. Any comparisons, if presented, are made in a fair manner with relevant context and do not aim to portray misleading superiority. All disclosures are based on information available in the Portfolio Manager’s official documents. This material may include forward-looking statements based on current expectations, which involve risks and uncertainties. Actual results may differ materially from those projected due to factors beyond the control of the Manager. Past performance is not indicative or a guarantee of future returns, and investor returns may vary depending on the timing of investments and other conditions. The information herein is current as of the date of this document. The Portfolio Manager makes no representation or warranty, express or implied, regarding the accuracy or completeness of this information. Any reference to market indices is solely for comparative purposes and may not reflect the composition or risk profile of the portfolios managed by the Portfolio Manager. Investments described herein are suitable only for sophisticated investors who fully understand and are willing to assume the associated risks. This material does not constitute legal, tax, or investment advice. Prospective investors are strongly encouraged to consult their own professional advisors regarding the implications of any potential investment. No governmental or regulatory authority, including the Securities and Exchange Board of India (SEBI), has passed upon the merits of the offering or the adequacy of this presentation.