Karvy Private Wealth, the wealth management arm of KARVY Group launched Aries, the first of its kind multi asset structured product in the Indian market. With this launch, for the first time ever, Indian investors will be able to make capital protection oriented investments in multiple asset categories through a single product. The product that comes under the Alternative Asset class has been introduced by Karvy Private Wealth post releasing its India Wealth Report in 2010 which gave a unique perspective on the Indian Wealth Industry highlighting that the Alternative Asset instruments will see huge growth in the coming years.
The product brings in twofold benefits for the investors:
1) Capital appreciation by participating in the equity markets.
2) Capital preservation and diversification by adding Gold into the portfolio.
The product offers complete capital protection to the customers and pays 1.1 times the return on the positive basket performance with no upside cap which means risk averse investors not only have total protection for their principal amount but will also receive 1.1 times return on their investments based on the market performance.
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