swapna
16-05-2008, 07:11 AM
NFO CLOSES ON 20 MAY
The scheme will focus on the opportunities available across the Entertainment Industry.
Fund Objective:
Seek capital appreciation by investing in the target theme. The offer document provides for at least 65% in the entertainment and the flexibility to invest up to 35% outside the theme.
An Emerging Opportunity:
The entertainment sector is on the cusp of a higher growth trajectory accompanied by improving profitability. The following aspects are relevant to this nascent story:
· Expected to grow at more than 25% on a compounded annual basis over the next five years.
· High growth rates likely in the electronic medium.
· Steady rise in ad spends to provide a firm underpinning for growth.
· Favorable FDI policy framework except in print media.
· Emergence of new genres such as sports, gaming, fashion and outsourcing.
Expanding universe:
· Besides Zee Telefilms, there are now several stocks of decent pedigree available for investment.
· The investment universe may also include players in spaces such as broadcasting, content providers, electronic news, print media, multiplexes, web-based services, leisure services, distribution, IT & telecom services, gaming, retailing, luxury products & services and sports businesses as well as other new segments that may emerge on the listed space.
· There are IT companies that develop back-end software for the entertainment sector and to enable telecom companies provide a higher degree of convergence.
· Telecom companies are also likely to play an increasing role in entertainment as there is a convergence between various media and distribution of content.
The scheme will focus on the opportunities available across the Entertainment Industry.
Fund Objective:
Seek capital appreciation by investing in the target theme. The offer document provides for at least 65% in the entertainment and the flexibility to invest up to 35% outside the theme.
An Emerging Opportunity:
The entertainment sector is on the cusp of a higher growth trajectory accompanied by improving profitability. The following aspects are relevant to this nascent story:
· Expected to grow at more than 25% on a compounded annual basis over the next five years.
· High growth rates likely in the electronic medium.
· Steady rise in ad spends to provide a firm underpinning for growth.
· Favorable FDI policy framework except in print media.
· Emergence of new genres such as sports, gaming, fashion and outsourcing.
Expanding universe:
· Besides Zee Telefilms, there are now several stocks of decent pedigree available for investment.
· The investment universe may also include players in spaces such as broadcasting, content providers, electronic news, print media, multiplexes, web-based services, leisure services, distribution, IT & telecom services, gaming, retailing, luxury products & services and sports businesses as well as other new segments that may emerge on the listed space.
· There are IT companies that develop back-end software for the entertainment sector and to enable telecom companies provide a higher degree of convergence.
· Telecom companies are also likely to play an increasing role in entertainment as there is a convergence between various media and distribution of content.