Dear Stakeholder,
As we look back we find this journey of over twenty five years to be very satisfying as we grew
from a leading financial intermediary with an AUCAM of over 11000 Cr to an’ oldest, 2nd largest
and fastest growing investment advisory and fund management firm of the country.
But what is more satisfying is that it all happened without compromising – rather, by further
reinforcing - on our ethical standards and our strong belief system
that no business entity can grow overthe years as long as the interests of all of its stakeholders –
employees, customers, shareholders, regulators and the society at large – are righteously balanced in
the system.
Today, we could develop the best of the products, systems, processes, technology and, more so, we
have the best of the people. But, what differentiates us from others is not the 100 years of combined
national and global experience of the promoters, rather it is our devotion to the relentless pursuit
of generating 'superior and consistent risk adjusted returns' for our investors with the use of
innovative, disciplined, client focused and process driven multi asset, multi strategy framework.
It feels good to have achieved these milestones. But for us this is just a small beginning of the
long journey which will unfold alongside the India Growth Story. We, at Narnolia, always realise
our fiduciary duty to our investors and other stakeholders and, as such, we resolve to keep learning,
innovating and working harder and smarter towards this cherished dream.
I, on behalf of Narnolia, thank all our partners, investors, associates and all well wishers for their
continued trust and contribution during this whole journey.
Wish you happy investing.
KRISHNA N. NARNOLIA
Founder & CMD