The strategy seeks to generate superior risk adjusted returns, in relation to the broad market, by investing in fundamentally sound companies which have repurchased their own shares or where its promoters’ have acquired additional shares at market prices.
The approach is to create and update (on a daily basis), a universe of companies where the promoter is increasing his stake at market prices either through creeping acquisitions or buyback route, where complete disclosures of stock purchases have been made to the exchanges, and that seems to be motivated either by an undervalued stock price or an impending improvement in business prospects that are still to be reflected in the market price.






