Our investment process is built on a combination of structured research, active engagement, and disciplined portfolio management.
1
IDEATION
Basic proprietary filters
Initial Screeners: We run multiple filters on growth, capex, debt reduction, margin expansion and many more.
Automated Alerts : Management/CEO change, capital infusion for growth (QIPs, preferential issues, rights issues), completion of capex phases and many more.
Connect framework : We engage actively with sell-side analysts, industry experts, company managements, and stakeholders — including suppliers, customers, and channel partners — through trade shows, exhibitions, and direct interactions to build on-ground insights and validate our theses.
2
FUNDAMENTAL ANALYSIS
Deep dive quantitative and qualitative research
We assess the company’s business model, scalability, and sustainability of growth drivers. This includes evaluating the opportunity size, competitive moat, industry tailwinds, reasonable valuation, and risks to the investment thesis.
We assess the management on integrity, passion, competence though background checks, assessment of track record, capital allocation history, and corporate governance
We do forensic analysis using our proprietary CLEAR and CONNECT frameworks
3
PORTFOLIO CONSTRUCTION
Concentrated, high-conviction portfolio
Portfolio construction decisions are driven by relative risk–reward, valuation comfort, and alignment with our macro and thematic views.
A focused portfolio of ~30 stocks, ensuring depth of understanding and conviction.
Single-stock exposure capped at 10% to avoid concentration risk.
Sector exposure capped at 40% to ensure diversification across themes.
Focus on maintaining adequate liquidity within the portfolio to manage entries and exits efficiently.
4
ONGOING MANAGEMENT
Active and continuous oversight
We actively monitor all portfolio companies and broader market developments to ensure our holdings remain aligned with our investment thesis.
Continuous monitoring of business performance and key developments.
Quarterly review of company results and earnings calls.
Regular interactions with management teams, analysts, and other stakeholders.
Real-time tracking of sector and regulatory changes that could impact valuations or fundamentals.
5
SELL DISCIPLINE
Knowing when to exit
A disciplined exit framework is as important as identifying the right entry points. We have a clear process to determine when to trim or exit a position.
Change in investment hypothesis
Noticing error in original investment hypothesis
Risk reward becomes unfavourable due to price movement
