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•We adhere to a disciplined, fundamental approach to investing with sole objective of delivering superior returns withlimited investment risk, over the long term•Our belief is that a strong, well-managed company can not only survive but also thrive in difficult environments, and theprice of its securities will eventually reflect its true intrinsic value•We define risk as chance of permanent loss of capital rather than volatility of prices•Our intensive research gives us the confidence to establish positions in no more than 20 names which have potentialto provide outsized returns over the long term•We do not hesitate to taking a different path or in short be contrarian but at times we continually ask ourselves -Howmight our investments fail?•Absolute performance creates incentive for active research and enables putting best idea to work while relativeperformance promotes closet indexing•Indexes like S&P CNX Nifty are used solely for benchmarking and for comparative purposes. It is not meant to beindicative of our investment performance, asset composition or volatility.•S&P CNX Nifty typically is less volatile given the wide range of securities held. Our investment performance maydiffer markedly from those of the indexes in either up or down market conditions.•Because we invest our own money alongside our clients, our clients are confident that our interests are aligned andthat their hard earned money will never be invested carelessly.
Our actions are based on a simple principle of keeping client interest first