Ambit Alpha Growth Portfolio follows a Growth at Reasonable Price philosophy with a bottom up investing approach focused on identifying companies entering a growth inflection point and capable of transitioning from good to great businesses. The strategy tracks an investment universe of around 800 to 1000 companies and screens for firms delivering revenue and profit growth of about 25 to 30 percent year on year over the previous few quarters. Fundamental research then focuses on around 20 to 25 companies where earnings momentum, industry dynamics, return on equity, leverage profile and profitability indicate sustainable scaling potential. The portfolio typically holds about 35 to 40 stocks with the top 20 stocks forming roughly 70 to 75 percent of the portfolio and the balance stocks forming about 25 to 30 percent. Initial allocations generally begin at 1 to 2 percent and are scaled up to about 4 to 5 percent as earnings visibility strengthens. The strategy applies a long tail approach where allocations increase with sustained earnings growth and are reduced or exited when growth expectations weaken. Historical stock examples reflecting such growth inflection opportunities include Eicher Motors, Bajaj Finance, Page Industries, Aarti Industries and Alkyl Amines where strong earnings momentum led to substantial market value expansion. Sector agnostic. Mid cap and small cap.