Investment approach

We invest in high-quality Indian equities at attractive prices.

We believe this is the most repeatable and risk-managed way to invest in India.

It also reflects a strong founder–strategy fit, shaped by over 15 years of experience studying Indian businesses and market cycles.
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Capital protection is our first priority. From there, we seek to compound capital sensibly over time.

What Makes a High-Quality Business?

We assess business quality across four core dimensions

Our Research Process

We build conviction through a combination of data-led insights and deep on-ground research. This thorough approach allows us to take concentrated position for 3+ years, while tolerating interim volatility.

Why quality matters

Owning high-quality businesses is critical for capital protection and to withstanding inevitable market drawdowns over long holding periods.

We earn when our investors do

~15-20
holdings

All-cap
approach

Three position-size tiers:
2.5%, 5%, and 7.5% of investable funds

Benchmark:
NIFTY 500 TRI

Typical holding period: 3+ years

How We Enter at Attractive Prices?

We believe markets are generally efficient but periodically offer windows of mispricing. These windows persist longer for under-researched companies and close quickly for those in the spotlight.

We identify and exploit these opportunities through three distinct competitive advantages

Information Edge

We systematically monitor an investment universe of ~1,500 listed Indian businesses. We continuously track, process and interpret public and proprietary data at scale through our own technology platform.

Analytical Edge

We combine our large-scale data tracking with deep on-ground research, through our fleet-on-street team.
This synthesis gives us differentiated investable insights.

Behavioral Edge

We draw on 15+ years of India investing experience to be patient and disciplined during periods of euphoria or fear. We are backed by mentors and advisors having combined 100+ years of experience in Indian and Global equity markets.