Investment Stratgey
ASK Domestic Resurgence Portfolio (DRP) is a high-conviction, multi-cap investment strategy designed to capitalize on India’s domestic growth opportunities. The portfolio focuses on businesses benefiting from economic acceleration, increasing per capita income, urbanization, and tax reforms.
Strongly followed GARP Philosophy
ASK Growth follows a GARP (Growth at the Right Price) investment philosophy, with a strong focus on the quality of the business & management. While this strategy is largely generic, what differentiates ASK Growth is the strong adherence to this strategy over the long-term and changing market conditions. The investment team has shown impressive execution of the same over the past 2 decades, evident from their consistent outperformance relative to the market.
Core Investment Approach
Focus on Domestic Growth-Oriented Businesses:
- Invests in companies with less than 20% revenue from exports, ensuring strong domestic market exposure.
- Targets sectors benefiting from increasing disposable income, urbanization, and economic resurgence.
High-Quality Stock Selection with Strong Fundamentals:
- Companies with Return on Capital Employed (RoCE) >25% and Earnings Growth >15%.
- Focus on competitive advantages, sustainability, and dominant industry positioning.
- Invests in 20-30 businesses with superior long-term compounding potential.