01
Capital Preservation First
Never risk permanent loss of capital. Downside protection is the bedrock of every position.
Winning by losing less
Consistent compounding over speculation. Capital preservation first. Alpha second. Speculation never.
Our Principles
Four rules behind every decision
02
Consistent Compounding
Small, reliable gains compound dramatically over time. We avoid volatility traps that disrupt the cycle.
03
Data-Driven Decisions
Rigorous quantitative and fundamental research drives every investment. No speculation, no narratives.
04
Disciplined Risk Control
Strict position sizing, stop-losses and diversification so no single event derails the portfolio.
Strategy
A multi-strategy approach
Dynamic allocation across uncorrelated strategies to optimise risk-adjusted returns.
Long / Short Equity
40–50%Core alpha engine. Long high-quality businesses; short structurally weak names or indices. Bottom-up stock selection.
Arbitrage & Relative Value
15–25%Merger arbitrage, futures-cash spreads and index rebalancing plays. Lower-risk, consistent carry returns.
Special Situations
10–20%Spin-offs, demergers, open offers and rights issues. Event-driven mispricing with asymmetric payoff potential.
Cash & Tactical Overlay
5–15%Deployed opportunistically during high-conviction setups; reduces exposure in uncertain conditions.
Risk Management
Central, not peripheral, to everything we do
Portfolio Level
- Max sector concentration: 20% of NAV
- Max single stock: 8% of NAV
- Net exposure range: −20% to +80%
- Beta-adjusted exposure monitoring
Position Level
- Pre-defined stop-loss on every trade
- Sizing based on volatility and conviction
- Minimum 1:2 risk/reward before entry
- Daily P&L review per strategy bucket
Operational & Compliance
- Independent custodian (Orbis Financial)
- Monthly NAV by independent auditor
- SEBI compliance reporting framework
- Investor-level reporting and transparency
All positions are continuously monitored, with real-time P&L tracking and a weekly risk committee review.