Investments in securities markets are subject to market risks and there is no assurance or guarantee that the objectives of the investments / PMS products / clients will be achieved. Prospective investors are advised to review the Disclosure Document, Client Agreement, and other related documents carefully and in its entirety and consult their legal, tax and financial advisors to determine possible legal, tax and financial or any other consequences of investing under the Portfolio Management Services of Buoyant Capital Private Ltd. (“Portfolio Manager”), before making an investment decision. The Disclosure Document is available on www.buoyantcap.com Past performance of the Portfolio Manager does not indicate the future performance of the Portfolio or performance of any other future portfolio(s) of the Portfolio Manager. Nothing contained in this document is verified or approved by Securities and Exchange Board of India (SEBI). The stock(s)/Sector(s) mentioned in this material do not constitute any recommendation of the same and the portfolios may or may not have any future positions in these Stock(s)/Sector(s). In preparation of this document, the portfolio manager has relied upon certain data/inputs from some external parties. The Portfolio Manager does not assure the accuracy or adequacy of such data/ information. Nothing contained in this document shall be construed as an investment advise and the Portfolio Manager shall not be responsible or liable for any loss or damage arising from the use of this material by anybody in any manner.