Old Fir Advisors hold a diverse cross-section of multi-asset real estate properties nationwide. Since our inception, we have acquired, managed, and developed numerous properties.
Our company is currently involved with several projects and is actively growing our investment portfolio across the nation.
Below is a timeline of some of Old Fir Advisors’ most notable investment allocations since 2008.
Notable Investment Allocations

Unlisted - NSE (National Stock Exchange)

– Bought NSE for clients @ 300 per share in 2008
– Added NSE @820 per share in 2018
– Added NSE @1020 per share in 2019
– Added NSE @ 1161 per share in 2020

Tax-Free Bonds

2011-2015

– Taper tantrum leads to a spike in Indian yields
– Clients invest 40-50% of their portfolio into tax-free bonds at levels of 8.30-8.40%
– Tax-free bonds issued by AAA PSU entities – NTPC, NHAI, PFC, REC, IRFC, IIFCL, etc

Commercial Re-allocations

– Added approx. 1500 cr of commercial RE between 2010-2020, keeping in mind the falling interest rates and asset class diversification
– Exited 300cr of assets with an average IRR of > 20%

Equity Allocation

2014

The expectation of reforms and development leads to a clear majority for the NDA in India
– Client allocation levels spike 10% higher than strategic points as tactical allocation with 3 to 5-year view
– Nifty was viewed as fairly valued and small and mid-cap were expected to do very well due to a past under performance overhang

S-150, Basement, GK-2, New Delhi 110048, India
Ph: +91 11 4765 7435
S-150, Basement, GK-2, New Delhi 110048, India
Ph: +91 11 4765 7435