FAQ

Understand
SAMNIDHY
better

2014

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SEBI REGISTERED FUND

SAMNIDHY|SMIF

FAQ

samnidhy@hotmail.com

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 investors 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.
2.
3.
4.
5.
6.

Dr. Prabhakar Patil, Joint Director, Securities Exchange Board of India (SEBI)
Mr. Viswanathan Iyer, Director, National Australia Bank
Mr. Dhaval Vakaria, Vice President, Avendus Private Equity Advisors
Mr. Arijit Mukherjee, Vice President, AnandRathi
Prof. Madhu Veeraraghavan, Area Chair, Accounting, Economics and Finance, TAPMI
Prof. Aditya Jadhav, Associate Professor, Accounting Economics and Finance, TAPMI

SAMNIDHY|SMIF

FAQ

samnidhy@hotmail.com

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

SAMNIDHY|SMIF

FAQ

samnidhy@hotmail.com

responsibility towards samnidhys obligations and no member of the samnidhy body bear any
responsibility towards TAPMIs 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 Peoples
Officer (CPO) of samnidhy and the CPO will personally report to each investor for the
same