LEAP (Large and Mid Cap)

Fund Snapshot

Particulars	Details
Strategy Type	Quantamental Large & Mid Cap Strategy
Portfolio Style	Focused Equity Portfolio
Investment Universe	Large & Mid Cap Companies
Benchmark	Nifty 100
Portfolio Size	25–35 Stocks
Holding Period	3–5 Years
Risk Profile	Low to Moderate
Core Objective	Stability + Quality Growth
Investment Style	Quant + Fundamental Integration
Portfolio Bias	High Liquidity, High Quality Businesses
Suitable For	Quality growth seekers with moderate risk appetite

Fund Overview

LEAP is a Quantamental strategy that combines quantitative intelligence with deep fundamental research to build a focused portfolio of high-quality large and mid-cap companies. The strategy focuses on:

• Large-cap stability with selective mid-cap growth exposure
• Sustainable free cash flow businesses
• Strong ROE and ROCE companies
• Lower volatility compared to broader markets
• Dynamic allocation and disciplined risk management

The portfolio construction process integrates:

• Quant screening
• Fundamental validation
• Liquidity-aware execution
• Dynamic rebalancing
• Risk-controlled position sizing

Fund Philosophy

LEAP follows a “Quant Breadth + Fundamental Depth” investment philosophy.

Core Beliefs

• Active stock selection can outperform passive benchmark investing
• Data-driven investing improves consistency and discipline
• Fundamental validation strengthens conviction
• Large caps provide stability during uncertain periods
• Selective midcaps help capture structural growth opportunities
• Liquidity-focused portfolios improve execution efficiency
• Dynamic rebalancing helps manage changing market conditions

Investment Objective

• Generate quality long-term growth
• Reduce downside volatility
• Maintain disciplined portfolio construction
• Capture alpha through active choices instead of benchmark replication

THE PL AMC EDGE

Proprietary Quant Research & IP Engine

• 50+ proprietary factors across ~1,250 stocks
• 20+ years multi-cycle back testing
• Tested across bull, bear and stress market regimes
• Integrated Quant + Fundamental + Technical intelligence architecture

Multi-Layer Risk Architecture

• 6-layer risk stack:
  • Macro
  • Market
  • Sector
  • Correlation
  • Liquidity
  • Stress
• Beta calibration and sector caps
• Liquidity-aware position sizing
• Rules-based rebalancing with drawdown controls

Proven Live Track Record

• 3+ years live PMS deployment
• Alpha generation across risk-on and risk-off phases
• Fully model-driven execution
• No discretionary overrides

Institutional Edge

• 80+ years governance and compliance legacy
• Strong distribution network across:
  • IFA
  • Wealth channels
  • HNI networks
  • Institutional platforms
• Early-mover advantage in India’s quant-focused AMC category

PL Quant Capabilities

Unified Quant Investment Engine

• Proprietary investment engine across PMS, AIF & Mutual Funds
• Back tested across 20+ years of market cycles
• Unified quant architecture powering all strategies

Dynamic Multi-Asset & Size Allocation

• Allocation across:
  • Equities
  • Fixed Income
  • Commodities
• Driven by:
  • Risk regimes
  • Relative attractiveness
  • Macro conditions

Adaptive Style & Factor Allocation

• Dynamic tilts across:
  • Value
  • Momentum
  • Quality
  • Growth
  • Low-volatility factors
• Factor weights adjust based on regime shifts

Smart Beta, Cash & Risk Alignment

• Aligns portfolio beta and volatility
• Uses cash allocation dynamically
• Enhances:
  • Alpha generation
  • Diversification
  • Downside protection

Multi Factor Stock Selection Engine

• 10+ factor groups
• 50+ proprietary factors
• Coverage across 1250+ stocks
• Systematic stock selection and allocation process

Sector Rotation & Allocation Models

• Sector allocation driven by:
  • Relative strength
  • Momentum
  • Risk
  • Valuation signals
• Eliminates discretionary market timing

Portfolio-Level Risk Management

• Risk controls at:
  • Stock level
  • Sector level
  • Asset level
  • Portfolio level
• Includes:
  • Drawdown control
  • Volatility targeting

Regime Detection & Forward Intelligence

• Regime identification using:
  • Macro indicators
  • Liquidity trends
  • Valuation signals
  • Sentiment analysis
• Integrated forward-looking estimates

Systematic Rebalancing & Execution

• Structured rebalancing framework
• Liquidity and turnover-aware execution
• Rule-based entry and exit system

Globally Scalable Quant Architecture

• Geography-agnostic models
• Scalable across global datasets
• Extendable to multi-country strategies

PL’s Fundamental Capabilities

Eight Decades of Research Legacy

• 80+ years navigating multiple market cycles
• Built one of India’s leading research franchises

Institutional-Scale Research Platform

• 45+ member research team
• Coverage across:
  • Sectors
  • Macroeconomics
  • Strategy
  • Company fundamentals

Deep Promoter & Management Access

• Long-standing promoter relationships
• Access to senior management teams
• Enables differentiated business insights

Comprehensive Market Coverage

• Active coverage of 300+ companies
• Covers ~95% of listed market capitalization

Award-Winning Sector Leadership

• Consistently ranked among top institutional research houses
• Recognized sector analysts across industries

Multi-Cycle Market Perspective

• Experience across:
  • Bull markets
  • Financial crises
  • Economic reforms
• Strengthens long-term investment conviction

AI-Augmented Fundamental Research

• Proprietary AI agents accelerate:
  • Data analysis
  • Screening
  • Research productivity

Quantamental Edge

• Combines:
  • Quantitative signals
  • Qualitative research
  • Fundamental conviction

Strategy Overview

Parameter	Details
Portfolio Structure	Focused 25–35 stock portfolio
Market Cap Approach	Large Cap Core + Selective Midcap
Benchmark	Nifty 100
Company Preference	Mature, liquid and high-quality businesses
Investment Bias	Quality Growth
Core Role	Stability + Growth

Investment Approach

Portfolio Construction

• Large caps form the stability anchor
• Selective midcaps added for structural growth opportunities
• High-quality businesses prioritized

Quality Bias

Preference for companies with:

• Durable margins
• Strong free cash flows
• Consistent ROE and ROCE
• Sustainable earnings quality

Liquidity Focus

• Portfolio concentrated in highly liquid stocks
• Enables:
  • Efficient execution
  • Institutional scalability
  • Lower transaction inefficiencies

Volatility Management

• Lower volatility target versus broader markets
• Controlled drawdowns during corrections
• Dynamic exposure adjustments through quant signals

Fund Allocation

Allocation Component	Strategy Role
Large Cap Core	Stability & Consistency
Selective Mid Caps	Emerging Growth Opportunities
High Liquidity Stocks	Efficient Execution
Quality Businesses	Sustainable Compounding
Quant Allocation	Dynamic Positioning

Risk Management

Portfolio Risk Controls

• Stock weight limits
• Sector concentration bands
• Liquidity-aware position sizing
• Dynamic rebalancing
• Beta calibration
• Portfolio exposure caps

Drawdown Management

• Systematic risk monitoring
• Quant-driven exposure management
• Lower correction impact objective

Execution Discipline

• Liquidity-first execution framework
• Rules-based adjustments
• No emotional or discretionary decision-making

Unique Traits

Active Alternative to Passive Investing

• Focuses on active stock selection
• Does not replicate benchmark weights
• Targets alpha through selective ownership

Stability with Growth

• Large caps provide downside stability
• Midcaps add future growth potential

Quality Cash Flow Bias

• Preference for financially strong businesses
• Emphasis on durable cash generation

Liquidity-Optimized Design

• High liquidity portfolio construction
• Institutional-scale execution capability

Portfolio Role, Risk & Highlights

Parameter	Details
Portfolio Role	Stability + Quality Growth
Risk Profile	Low to Moderate
Core Strength	Large & Mid Cap Stability
Growth Driver	Selective Midcap Exposure
Drawdown Objective	Smaller correction impact
Investment Horizon	3–5 Years

LEAP Investment Process

01 - Quant Screening using multifactor quant model 02 - Arrive Size & Sector exposure 03 - Fundamental Deep Dive for selection 04 - Valuation & Conviction-based Stock Allocation 05 - Active Risk Management 06 - Review, Monitoring & Restructure

LEAP Investment Framework

Framework Stage	Description
Elimination	Quant models eliminate weak candidates
Allocation	Determines portfolio size, sector exposure and style tilts
Selection	Fundamental deep-dive using DELTA Framework
Position Sizing	Valuation and conviction-based allocation
Risk Management	Exposure caps and drawdown controls
Restructuring	Exit or rebalance based on quant and DELTA changes

DELTA Framework

Δ in Quality (Q)

• Improvement in:
  • Capital allocation
  • Operational efficiency
  • Cash flows
  • Earnings quality

Δ in Growth (G)

• Future growth expected to exceed:
  • Historical performance
  • Peer performance
• Focus on:
  • Revenue growth
  • Margin expansion
  • Profit growth
  • Volume growth

Δ in Valuations (V)

• Valuation re-rating potential
• Driven by:
  • Improving business quality
  • Long-term growth trajectory
  • Stronger fundamentals

Big-League Thinking for Your Investments

At AltPort Funds, we handle your money like the pros do. Every investment we propose goes through a careful process that focuses on consistency, good control, and good returns for the level of risk. We don't chase quick wins. We watch how things perform over time. This keeps your investments strong, balanced, and aimed at your targets. You get access to research similar to what the pros use, but made for you. If you treat your money seriously, you often get better results. That's what AltPort Funds believes.

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