| Investment Strategy |
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| Long-only portfolio with a focus on quality of business and management on one hand, and economic trends and opportunities on the other. |
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| Adequate diversification across stocks, sectors and investment themes through a well-rounded portfolio of 15-20 stocks. |
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| Over two-thirds of the portfolio is invested in very large capitalization stocks and the balance in medium sized quality businesses with a margin of safety. |
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| Emphasis on the overall trading liquidity of the portfolio to ensure maneuverability in the portfolio. |
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| Focus on growth characteristics and capital efficiency of the businesses. This implies an inclination to "quality businesses at reasonable valuation" rather than "mediocre businesses at cheap price". |
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| Measured risk, seek to avoid permanent risk of capital. |
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| Ensure a low portfolio turnover. |
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| Investment Approach |
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| Focus on identifying opportunities in Indian economy that are large, structural and can be profitable. We rely on fundamental approach to investing with a rigorous analysis of the company financials, growth opportunities and management bandwidth. |
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| For inclusion in the portfolio, the businesses have to pass the sieves of growth, liquidity, capital efficiency and size of profits. We are also sensitive to the current capital structure, capital allocation policies and implicit leverage risks. |
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| The value of a business based on our own methodology guides the final investment decision. Since value is a dynamic concept, the portfolio is monitored on an ongoing basis to ensure that it gets the maximum benefit of price-value gaps existing in our tracked universe. |
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| Investor Profile |
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| This offering is suitable for those investors, both private and institutional, who would like: |
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| A personalized investment program and participation in India's growth opportunity |
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| To seek superior compounding over the next 3- 5 years horizon |
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| Those who seek long-term wealth creation, and |
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| A proactive service and bespoke advice |
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| Site designed by E Dot Solutions |
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