ABSL NEXT 100 PORTFOLIO STP

ABSL Next 100 Portfolio STP is a diversified equity portfolio designed to capture opportunities in the next set of large and emerging companies beyond the Nifty 50 universe. The strategy primarily invests in the top 150 companies by market capitalization excluding the Nifty 50 constituents, thereby focusing on the next 100 companies with established business models, strong corporate governance, and higher growth potential. The portfolio aims to balance quality, growth and safety by allocating about 65 percent to 100 percent to the next 100 stocks after the top 50 by market cap, while 0 percent to 35 percent may be invested in high conviction ideas outside the next 100 stocks including select opportunities in Nifty 50 or small cap companies. Portfolio construction typically consists of about 20 to 30 quality companies selected through quantitative screening and extensive fundamental research including financial modelling, management meetings and risk reward analysis. The strategy focuses on companies with high ROE, strong earnings growth, low leverage and large opportunity canvas. Illustrative holdings include Ashok Leyland Limited, Federal Bank Limited, Muthoot Finance Limited, PB Fintech Limited, Bajaj Finserv Limited and CG Power and Industrial Solutions Limited. Sector agnostic. Market cap combination of large cap and mid cap with limited allocation to small cap opportunities.