Our Advantages

Track Record.

No matter what money managers tell you, it all boils down to one number: the internal rate of return. Over the long term, this number, properly calculated and verified, will not lie.

Small Capital.

It’s much easier to profitably invest smaller amounts of capital than larger ones, all other things being equal.

You Earn, We Earn.

We are sticklers for this one. We do not charge a single rupee in fees that is not linked to our performance. This distinguishes us from most of our peers.

Investment Process

A disciplined approach is vital.

Investing is neither a science nor an art — it is a craft. Judgment calls must be made and risks must be taken. To be best positioned for the upside, it is important to have researched well.

• Screens are run and short-lists made regularly.
• A checklist identifies any early red flags.
• A financial analysis is done.
• Qualitative research is undertaken.
• Ideas are compared to each other.
• An investment decision is made.
• Investments and portfolios are monitored.

Portfolio Curation

Keep it simple, silly.

If there are a bunch of formulas and Greek letters involved, we stay away. Correlation coefficients and efficient frontiers are not for us, thank you.

• Indian securities only.
• Equity, debt and special situations.
• Roughly 15-20 positions.
• Maximum position limit of 15% at purchase time.
• Sector and market-cap agnostic.
• Circle of competence must apply.
• Long positions must have strong balance sheets.