Ambit TenX Portfolio
48.53 CR AUM
Ambit TenX Portfolio
48.53 CR AUM

sushant bhansali
Purpose
Ambit TenX Portfolio is designed to capture the structural India growth story by identifying companies that have the potential to grow their earnings TenX over a period of about 12 to 15 years. The strategy focuses on businesses benefiting from structural drivers such as rising consumption, urbanization, manufacturing expansion and formalization of the economy. The portfolio primarily invests in mid and small cap companies that operate in underpenetrated markets with strong leadership position, scalable business models and light balance sheets. Stock selection follows a bottom up research approach using the Ambit Good and Clean framework which emphasizes conservative capital allocation, clean accounting, strong governance and absence of political connectivity as key attributes for sustainable wealth creation. The investment universe includes companies with market capitalization greater than about Rs 500 crore and the portfolio is constructed as a concentrated portfolio of around 15 to 20 stocks. Sector allocation limits generally cap exposure to about 25 percent per sector except financials while individual stock exposure is limited to around 10 percent. The strategy prefers companies with strong return on equity, low leverage and consistent earnings growth potential in niche segments where penetration levels remain low and long term compounding opportunities exist. Sector agnostic. Mid cap and small cap.
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