Surge India

Surge India is an actively managed growth oriented portfolio investing in companies building for the Indian economy and benefiting from paradigm shifts that provide runway to massive growth. The strategy focuses on identifying India specific megatrends such as infrastructure development, logistics expansion, manufacturing push, import substitution, domestic consumption growth and increasing credit penetration. Stock selection emphasises companies with strong growth visibility, competent management, strong governance and large addressable markets that benefit from these structural trends. The portfolio typically holds about 30 to 35 NSE listed stocks across large cap, mid cap and small cap companies, with 15 to 20 positions forming nearly 75 percent of the portfolio, reflecting a moderately concentrated approach. Allocation decisions combine macro trend identification with company fundamentals and price trends, while winners are increased in allocation and weaker positions reduced over time. Individual stock exposure can be increased with conviction while maintaining sector and position limits to manage risk. The strategy also allows up to about 10 to 20 percent allocation to special situations when short term opportunities arise. Examples of portfolio ideas illustrating the theme include Narayana Health in healthcare services, Kaynes Technology in electronics system design and manufacturing, Tips Music in digital content and Sudarshan Chemicals in pigments and specialty chemicals. Sector agnostic. Market cap combination of small cap, mid cap and large cap.