Ambit Good and Clean Midcap Portfolio is an equity strategy designed to identify midcap companies that demonstrate efficient capital allocation, clean accounting practices and strong corporate governance standards to generate sustainable wealth creation. The investment philosophy focuses on firms that are Good based on capital allocation track record and improvement in financial metrics over the past six years and Clean based on the quality of accounts and corporate governance standards. Stock selection combines stringent quantitative filters with bottom up research including industry analysis, management interaction and channel checks to identify companies with consistent earnings growth, leadership traits and strong management capability. The strategy uses proprietary greatness framework to identify efficient capital allocators and a forensic accounting framework to avoid firms with questionable accounting quality. Portfolio construction is concentrated with around 15 to 20 stocks and low churn of around 15 to 20 percent annually, enabling long term compounding through businesses with strong return on equity, negligible leverage and sustainable earnings growth. Examples of companies highlighted within the framework include PI Industries Limited, Page Industries Limited, Cholamandalam Investment and Finance Company Limited and Trent Limited where long term earnings growth has driven significant market capitalization expansion. Sector agnostic. Mid cap with selective exposure to small cap and large cap companies.