Pure Alpha

Pure Alpha is an active and unconstrained investment strategy combining top down macro insights with bottom up research driven stock selection to identify mispriced investment opportunities across multiple time frames. The strategy seeks to generate alpha by investing in a concentrated portfolio of approximately seven to fifteen high conviction positions in listed equities along with select ETF and mutual fund exposures to achieve diversification. The framework integrates macro, compounder and transformation themes. Macro analysis identifies sectors with sustained earnings momentum or sectors that are beaten down and offer value. Bottom up research then selects companies with strong balance sheets, capable management, high operating leverage, high ROCE and strong growth potential. The strategy also targets compounders aligned with emerging trends and transformative companies undergoing operational or financial turnaround where earnings recovery can lead to expansion in both earnings and valuation multiples. Illustrative opportunities include companies such as Bajaj Consumer Care, Cartrade Tech, Bandhan Bank, Jagran Prakashan and Gateway Distriparks identified through this framework. Portfolio construction emphasizes diversification across companies, sectors, styles and geographies, including international exposure through ETFs and mutual funds, while maintaining strict position sizing and sector allocation discipline. Sector agnostic. Market cap agnostic.