Strategy
A concentrated Indian equity mandate that combines a fundamental quality filter with a technical strength filter. We look for businesses whose evidence is improving and whose price is confirming that improvement, then hold them while both remain true.
It is a trend-following approach in the sense that it acts on observable evidence rather than on forecasts. It is not a high-frequency or trading strategy: typical holding periods run into quarters and years, not days.
Momentum is one of two filters, not the whole approach. A business must first pass a fundamental standard; price strength then determines whether and when we are present in it. Momentum alone would include names we would never own on their fundamentals.
Twenty to twenty-five positions in normal conditions. That is deliberately small enough that every holding has a specific reason to be in the portfolio and can be monitored properly by a single decision-maker.
BSE 500 TRI. It is a total-return index, which means it includes dividends and is therefore a fair comparison rather than a flattering one.
Cash is a residual of the process rather than a market call. When fewer positions satisfy both filters, cash rises; when participation broadens, it falls. We do not take large discretionary cash positions on a view.
Risk
Through position sizing, industry spread, liquidity limits, regime awareness and rules-based exits, applied continuously rather than at review points.
The most important control is the exit. A position that stops satisfying the framework leaves, and that decision is not renegotiated against the original thesis.
A concentrated equity portfolio will have periods of meaningful decline — that is inherent to the asset class, not a defect of the process. The strategy is most uncomfortable in sharp reversals and in flat, directionless markets. Specific historical figures must be taken from the approved disclosure document.
The mandate is a long-only equity mandate. Any use of derivatives is limited to what the approved disclosure document permits.
Practicalities
₹50 lakh, in line with the SEBI minimum for Portfolio Management Services. Contributions above that are accepted in cash or, subject to review, as an existing securities portfolio.
No lock-in.
We recommend a minimum investment horizon of three years to fully benefit from our trend-following strategy.
Your own. In a PMS structure, securities are held in a demat account in the client's name with an independent custodian.
Through the client login, with holdings, transactions, realised and unrealised positions and periodic statements.
Fee options are set out in the approved fee schedule and the disclosure document, which we provide before onboarding. Any figure shown on this website is illustrative until those documents are attached here.
Working with us
Use the enquiry form, WhatsApp or email. The first conversation is a discussion about suitability and expectations, not a sales call, and no documents are needed for it.
Yes. Empanelment, the distributor proposition and supporting material are set out in the For Distributors section.
Yes, at onboarding and at periodic reviews. Day-to-day queries are handled by the client team so that portfolio decisions stay undistracted.
The Disclosures page carries the disclosure document, fee schedule, regulatory registrations and the grievance redressal process.