V.E.C employs a fundamental, bottom-up, research-intensive approach to stock selection with the ambition of creating a portfolio that is dynamic and uncorrelated.
Our investment universe is across market capitalizations and the portfolio invests in all sectors and industry groups. The firm's investment philosophy is as follows:
- Focus on pedigree of people managing the business
- Longer term investment approach
- Bottom-up approach to stock selection
- Benchmark independent
- Target quality companies at attractive valuations with significant upside potential
- Diversification is key, both by market capitalization and sector
- Emphasis on good corporate governance
Our flexible and opportunistic approach to investing in the Indian market and commitment to being active in many of our investments are core to our strategy. Our emphasis on areas with limited competition, particularly in small to mid-sized companies, our global experience, and willingness to take advantage of new opportunities in specialized segments of the small cap space are essential tenets of our approach.
3 Tier Process
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Rigorous research
Each company in the V.E.C Universe is rigorously researched and monitored by our in-house team of research analysts, both during the vetting process and once it has been made part of our investee universe. We conduct bottom-up analysis, looking at the industry and the company’s competitors, speaking with the management teams, and exploring growth drivers and key sustainable advantages. Our research team covers few companies at any given time, allowing them to better understand and evaluate those companies. This level of research gives our team a deep understanding of the companies in the V.E.C Universe.
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Concentrated high-conviction portfolios
This in-depth research ensures that only high conviction ideas enter the portfolio. The holdings vary from 15-20 companies across our funds.
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Long Term Approach
We take a long-term view with all of the companies within the V.E.C Universe. Our funds have a low turnover in the portfolios.