Nuvama Asset Services

We are deeply grateful to everyone who attended the Expert Briefing on “DIFC x India Opportunity” on October 15th at the Ritz Carlton, DIFC. This event was proudly co-hosted by Nuvama Group, NSE India, and Deloitte, with the invaluable support of the Dubai International Financial Centre (DIFC), a key partner in this remarkable journey of growth and cross-border cooperation. It was a truly insightful evening, filled with discussions on the growing investment opportunities in the UAE-India corridor. A special thank you to our esteemed speakers for sharing their expertise: Salmaan Jaffery, Chief Business Development Officer, DIFC Authority Vivek Sharma, Head of International Business, Asset Services & Private Wealth, Nuvama Group Mohit Batra, Head of Sales, International Clients, Nuvama Asset Services Aanal Mehta, Head of Partnerships, International Clients, Nuvama Asset Services Sriram Krishnan, Chief Business Development Officer, NSE India Rajesh H. Gandhi, Partner, Deloitte Mithil Domadia, Senior Manager, Deloitte Ken Ginsburg, COO, ARP Capital Key Insights and Future Outlook: "DIFC’s Rise as a Global Hedge Fund Hub": With an impressive 125% year-on-year growth in hedge fund managers in 2023, DIFC is fast becoming one of the top 10 hedge fund hubs globally, with an ambitious goal to break into the top 5 by 2025. The upcoming DIFC Funds Centre, launching in early 2025, will further solidify Dubai’s standing, providing critical infrastructure for fund spinouts and boutique managers, and opening new opportunities for global investors. "India’s Strong Investment Appeal": India continues to be a powerhouse in the global investment landscape, driven by robust GDP growth, resilient capital markets, and favorable regulatory reforms. Its clarity on Foreign Portfolio Investor (FPI) regulations and streamlined tax frameworks, combined with Dubai's tax advantages, are making cross-border investments more efficient and attractive. Institutions from the UAE, Europe, the U.S., and Asia are increasingly drawn to India’s economic reforms and investor-friendly policies, positioning it as a key destination for foreign institutional and portfolio investors. The synergy between DIFC’s world-class financial ecosystem and India’s dynamic capital markets is set to unlock even more opportunities for global investors, allowing them to diversify their portfolios and tap into one of the most exciting growth stories of the decade. We’re excited about the future and look forward to further strengthening this partnership. #IndiaCapitalMarkets #DIFC #InvestmentOpportunities #HedgeFunds #UAEIndiaCorridor #GlobalInvestment #CapitalMarkets Ashish Kehair Shiv Sehgal Vishwajit Patil Dhiraj Papnai Rutesh Durve Vipul BagarePeter Crays Udit Sureka Vishal Ved Nisha Lopes (Chonkar) Rohit Mahindru Pewsha Das Rohit Mandhotra Ganesh Bharud, Ph.D.

Nuvama announces H1 FY25 results. Click here for more information: < https://bit.ly/4fmfetn>   #WealthManagement #Nuvama #LetsDoItRight #H1FY25Results Ashish Kehair | Alok Saigal | Rahul Jain | Shiv Sehgal | Anshu Kapoor | Satyen Shah | Riyaz Marfatia | Jasbir Singh Kochar | Bharat Kalsi | Sujay Rachh  

Happy Dussehra! As we celebrate the victory of good over evil, let’s do it right by embracing positivity and overcoming our challenges together. Enjoy the festivities! #LetsDoItRight #Dussehra2024 #WealthManagement #AssetManagement #CapitalMarkets 

"DIFC -The Dubai International Financial Centre" has rapidly cemented its status as a leading global financial hub, recording a remarkable 125% year-on-year growth in hedge fund managers in 2023. As of September 2024, with over 60 hedge funds established and more than 400 wealth and asset management firms, DIFC has emerged as one of the top ten hedge fund destinations worldwide. The launch of the first-of-its-kind DIFC Funds Centre in early 2025 is poised to further accelerate this momentum, supporting hedge fund spinouts, fund platforms, and boutique firms, and positioning DIFC on track to break into the top five global hedge fund locations. Simultaneously, "India" is increasingly becoming a preferred investment destination for hedge fund managers, driven by its robust economic growth, burgeoning consumer market, and favorable regulatory environment. The country’s capital markets have demonstrated impressive resilience and growth, with key indices like the Nifty 50 and the Sensex reaching record highs. India has become a magnet for foreign institutional investors (FIIs) and foreign portfolio investors (FPIs), reflecting strong confidence in its economic potential. The synergy between DIFC’s cutting-edge financial ecosystem and India’s growth trajectory presents an exciting opportunity for investors looking to diversify and capitalize on this UAE-India corridor. With over 300 Foreign Portfolio Investor (FPI) IDs already granted to Dubai-based funds, the future holds immense promise for leveraging the DIFC’s premier fund ecosystem to tap into India’s dynamic capital markets. Join us as the leading experts come together to discuss the evolving opportunities in the UAE-India investment corridor. Featured Speakers: --> Salmaan Jaffery, Chief Business Development Officer, DIFC Authority --> Vivek Sharma, Head of International Business, Asset Services & Private Wealth, Nuvama Group --> Mohit Batra, Head of Sales, International Clients, Nuvama Asset Services --> Aanal Mehta, Head of Partnerships, International Clients, Nuvama Asset Services --> Sriram Krishnan, Chief Business Development Officer, NSE India --> Rajesh H. Gandhi, Partner, Deloitte --> Mithil Domadia, Deloitte --> Ken Ginsburg, COO, ARP Capital Date: October 15th Time: 4:30 PM – 8:30 PM Venue: Ritz Carlton, DIFC “INVITATION TO INSTITUTIONAL AND PROFESSIONAL INVESTORS ONLY” If you wish to attend, please do write to us at india.access@nuvama.com Ashish Kehair Shiv Sehgal Dhiraj Papnai Rutesh Durve Vipul Bagare Peter Crays Udit Sureka Vishal Ved Nisha Lopes (Chonkar)Pewsha Das Rohit Mandhotra Ganesh Bharud, Ph.D. Vijay Morarka #DIFC #IndiaCapitalMarkets #HedgeFunds #IndiaInvestment #CapitalMarkets #FundManagement #EmergingMarkets #QuantFunds

"DIFC -The Dubai International Financial Centre" has rapidly cemented its status as a leading global financial hub, recording a remarkable 125% year-on-year growth in hedge fund managers in 2023. As of September 2024, with over 60 hedge funds established and more than 400 wealth and asset management firms, DIFC has emerged as one of the top ten hedge fund destinations worldwide. The launch of the first-of-its-kind DIFC Funds Centre in early 2025 is poised to further accelerate this momentum, supporting hedge fund spinouts, fund platforms, and boutique firms, and positioning DIFC on track to break into the top five global hedge fund locations. Simultaneously, "India" is increasingly becoming a preferred investment destination for hedge fund managers, driven by its robust economic growth, burgeoning consumer market, and favorable regulatory environment. The country’s capital markets have demonstrated impressive resilience and growth, with key indices like the Nifty 50 and the Sensex reaching record highs. India has become a magnet for foreign institutional investors (FIIs) and foreign portfolio investors (FPIs), reflecting strong confidence in its economic potential. The synergy between DIFC’s cutting-edge financial ecosystem and India’s growth trajectory presents an exciting opportunity for investors looking to diversify and capitalize on this UAE-India corridor. With over 300 Foreign Portfolio Investor (FPI) IDs already granted to Dubai-based funds, the future holds immense promise for leveraging the DIFC’s premier fund ecosystem to tap into India’s dynamic capital markets. Join us as the leading experts come together to discuss the evolving opportunities in the UAE-India investment corridor. Featured Speakers: --> Salmaan Jaffery, Chief Business Development Officer, DIFC Authority --> Vivek Sharma, Head of International Business, Asset Services & Private Wealth, Nuvama Group --> Mohit Batra, Head of Sales, International Clients, Nuvama Asset Services --> Aanal Mehta, Head of Partnerships, International Clients, Nuvama Asset Services --> Sriram Krishnan, Chief Business Development Officer, NSE India --> Rajesh H. Gandhi, Partner, Deloitte --> Mithil Domadia, Deloitte --> Ken Ginsburg, COO, ARP Capital Date: October 15th Time: 4:30 PM – 8:30 PM Venue: Ritz Carlton, DIFC “INVITATION TO INSTITUTIONAL AND PROFESSIONAL INVESTORS ONLY” If you wish to attend, please do write to us at india.access@nuvama.com Ashish Kehair Shiv Sehgal Dhiraj Papnai Rutesh Durve Vipul Bagare Peter Crays Udit Sureka Vishal Ved Nisha Lopes (Chonkar)Pewsha Das Rohit Mandhotra Ganesh Bharud, Ph.D. Vijay Morarka #DIFC #IndiaCapitalMarkets #HedgeFunds #IndiaInvestment #CapitalMarkets #FundManagement #EmergingMarkets #QuantFunds

September 2024 edition of #AltLens dives deep into the revolutionary Variable Capital Company (VCC) structure in India. Discover insights from Udit Sureka, EVP & Head – Product at Nuvama Asset Services, on how the VCC offers unparalleled flexibility in capital management and operational efficiency. In the following section, Vivaik Sharma, Partner, along with Sagar Gaba, Senior Associate and Mudit Burad, Associate at Cyril Amarchand Mangaldas provides a comprehensive overview of the proposed VCC structure in the GIFT IFSC, comparing it to existing fund vehicles and highlighting its potential to elevate the International Financial Services Centre. The final section features an exclusive interview with Sachin Sawrikar, Founder & Managing Partner of Artha Bharat Investment Managers IFSC LLP. He shares his valuable experience with VCCs in Mauritius and outlines his vision for the future of VCCs in India, including proposed funds and fundraising plans. #VCC #India #Investment #FinancialServices #GIFTCity #AltLens Ashish Kehair Shiv Sehgal Dipesh Shah Vishal Ved Anand Lalla Arbinda Ghimire Krishnan Nair Sailessh Gupta Shrey Sagar Kshitij Shah Nisha Lopes (Chonkar) Bharti Rishit Ladhellu Rajat Jain Aditya Barde Shivam Gupta Sulabh Chokhani Gaurav Ajmera Nandini Dayal Ankita Ghoghari

Chicago has long been recognized as a global hub for high-frequency trading (HFT), thanks to its deep-rooted financial infrastructure and proximity to major exchanges such as the CME and CBOE. The city's highly developed technological ecosystem, combined with its pioneering role in algorithmic and electronic trading, has made it a magnet for leading HFT firms. Nuvama Group had an opportunity to host an exclusive event, "Navigating India’s Evolving HFT/Quant Ecosystem and Strategic Investment Insights," in Chicago and the event was very well received. The session was truly exceptional, packed with enriching discussions on the growth of India’s capital markets and the rapidly expanding high-frequency trading (HFT) landscape. Sharing some of the event highlights focused on India’s HFT/Quant Market Landscape as below: --> HFT Dominance: High-frequency trading currently accounts for approximately 50% of total trading volumes on India's leading exchanges like NSE and BSE. This figure has seen consistent growth in the past decade, driven by advancements in technology and infrastructure. --> Market Participants: Major institutional players, including domestic and global hedge funds, proprietary trading desks, and quantitative trading firms, are active in India’s HFT ecosystem, making the market increasingly competitive. --> Regulatory Evolution: SEBI (Securities and Exchange Board of India) has been instrumental in shaping regulations around algorithmic trading to ensure fairness and transparency, with guidelines on co-location services, latency, and speed trading. --> Strategic Investments: Foreign investors have increasingly recognized the potential of India’s expanding capital markets. The rise of smart order routing and other cutting-edge trading technologies has positioned India as a strategic investment hub in the region. A special thanks to Shiv Sehgal from Nuvama Capital Markets | Suresh Swamy, from PwC India | William Maes from IPC Systems, Inc. | Dhiraj Papnai, from Nuvama Asset Services amd Sriram Krishnan from NSE India for their valuable expertise and insights. We also extend our sincere appreciation to the Acuiti.io team for their collaboration, which was instrumental in making this event a resounding success. Let’s continue exploring and unlocking new opportunities in India’s dynamic and evolving market! Ashish Kehair Vivek Sharma Mohit Batra Rutesh Durve Peter Crays Vipul Bagare Udit Sureka Vishal Ved Nisha Lopes (Chonkar) Rohit Mahindru Pewsha Das Aanal Mehta #HFTs #quants ##highfrequencytrading #Derivatives #indiancapitalmarkets

What an incredible year it has been! From being listed on the exchange to our debut in DIFC Dubai, and surpassing INR 2,000 Cr in revenue, we’ve achieved so much. We are deeply grateful to all our stakeholders for their trust and support.   Let’s continue to grow, inspire, and, together, #LetsDoItRight!   Ashish Kehair | Alok Saigal | Riyaz Marfatia | Rahul Jain | Shiv Sehgal | Anshu Kapoor | Satyen Shah | Jasbir Singh Kochar | Bharat Kalsi | Sujay Rachh Nuvama Wealth | Nuvama Private | Nuvama Investment Banking and Advisory | Nuvama Asset Services | Nuvama Asset Management   #NuvamaGroup #WealthManagement #CapitalMarkets #AssetManagement #NuvamaDay

The prestigious FOW #Tradingsingapore24 event, held on September 25th, brought together a full house of professionals from the derivatives industry across Asian markets. Vivek Sharma, from Nuvama Group took center stage at the panel discussion on "Indian Derivatives: Will the Options Trading Boom Continue?" alongside industry veterans Arjen Gaasbeek, Jeslyn Wong, and Priyanka Sachdeva. The panelists explored the recent significant growth in the Indian derivatives market, particularly in options trading, and addressed crucial questions regarding the market's future trajectory. Key topics discussed included potential regulatory changes, the emerging opportunities presented by GIFT City, and the broader macroeconomic outlook for Asia. The panel also examined the Federal Reserve’s easing cycle and the potential impact of artificial intelligence and demographic trends on Asian markets. As the derivatives industry continues to evolve, this event underscored the importance of ongoing dialogue and collaboration to drive progress. We look forward to future conversations and partnerships that will shape the industry's future. Stay tuned for further updates and insights. #FOW #IndianMarkets #Derivatives #FPIs #GIFTConnect #OptionsTrading #IndiaDerivatives #OptionsTrading #GIFTCity #CapitalMarkets #EquityDerivatives #ForeignInvestors #EconomicOutlook #MarketRegulation #InvestmentOpportunities Ashish Kehair Shiv Sehgal Mohit Batra Dhiraj Papnai Philip Cheung Rutesh Durve Peter Crays Udit Sureka Vishal Ved Rohit Mahindru Vipul Bagare Nisha Lopes (Chonkar) Pewsha Das Aanal Mehta

Thank you for Joining Us at FOW Trading India 2024! Shiv Sehgal, President and Head of Capital Markets, Nuvama Group was thrilled to be part of this premier event held on September 19, where leaders in the derivatives trading community came together to discuss the future of Indian markets. A special thank you to our co-panelists Sriram Krishnan | Sunil Ramrakhiani | Sachin Samant for their insights during the “Unlocking Potential: Indian Markets in Focus” session, which covered SEBI's proposed F&O norms, the evolving role of FPIs and HFTs, and the opportunities for foreign investors in India’s growth story. Key highlights included the impact of new regulations on market volumes, the rise of equity derivatives, and innovations in the commodity derivatives space. Together, we explored how these shifts will shape a more inclusive, resilient financial ecosystem. We’re grateful for your participation and look forward to continuing this journey of progress in the dynamic world of derivatives! Ashish Kehair Vivek Sharma Mohit Batra Udit Sureka Dhiraj Papnai Rutesh Durve Peter Crays Vishal Ved Rohit Mahindru Vipul Bagare Nisha Lopes (Chonkar) Pewsha Das Aanal Mehta #FOW #Trading2024 #IndianMarkets #Derivatives #Investing #FinancialMarkets #EconomicTrends #Innovation #NSE #BSE #Nuvama