Buoyant Capital Opportunities Multi-Cap Fund

Companies with strong fundamental, proven track record and with high growth potential

Key Attributes

Inception Date: 01-Jun-2016

Number of Stocks : 24

Fund Manager Name: Sachin Khivasara and Jigar Mistry

Fund Manager Experience: Sachin Khivasara : Total experience 20 years; Jigar Mistry: Total experience 19 years

Fund Manager Qualification: Sachin Khivasara : BCom, ACA, CWA; Jigar Mistry: BCom, ACA, CFA Charter holder (US) Investment Objective - Objective is to invest taking concentrated bets for the long term, following altering balance in the aggressiveness-to-defensiveness continuum, which is attained through diversification of cash flow streams, choice between predictable vs. growing cash flow streams and cash calls (pooled vs. model portfolio). Investment Strategy - Objective is to invest taking concentrated bets for the long term. Our investment framework follows altering balance in the aggressiveness-to-defensiveness continuum, which is attained through diversification of cash flow streams, choice between predictable vs. growing cash flow streams and cash calls (pooled vs. model portfolio).

Investment Objective

Objective is to invest taking concentrated bets for the long term, following altering balance in the aggressiveness-to-defensiveness continuum, which is attained through diversification of cash flow streams, choice between predictable vs. growing cash flow streams and cash calls (pooled vs. model portfolio).

Investment Approach

Cannot know the ‘macro future’ (economies, markets or geopolitics with any reasonable certainty
1. Macros matter, but mining it as investment edge is nearly impossible
2. Share price growth more a function of earnings growth

Portfolio optimization(balance of aggressiveness /defensiveness) is critical
1. In long-term, trading is a zero sum game
2. In the short-term however, things fluctuate between ‘flawless’ to ‘hopeless’
3. Balance is adjusted based on earnings / credit / investors’ psychology cycles

Risk is not volatility of returns
1. It is (a) likelihood of permanent loss of capital and (b) opportunity risk

Creating wealth should be a source of pleasure
1. Taking too much risk interferes with that

Don’t Just Invest. Make an Informed Decision.