Accuracap
Founded and developed by Dr. Naresh Gupta and Raman Nagpal, both experienced computer scientists, entrepreneurs, and international business executives, the fund's initial intent was to be solely a fund to manage some of their proprietary funds. However, given the extremely successful outperformance of its strategies year after year, Accuracap then decided to go broader and also manage third-party funds for HNIs, family offices, and institutional investors. Accuracap currently manages approximately $230 million of assets in the Indian public equity space. Central to the basic investment system and philosophy at Accuracap is the principle that the strategic portfolio of a limited number of bundles of quality businesses that have a "moat around their business model," that are purchased at a historically reasonable valuation and that are held over a period of medium to long-term will definitely beat the market and most other funds, with the proper margin. During the past decade, Accuracap has developed an original ranking algorithm consisting of a "spatio-temporal" analysis for every business in the investment universe, in which every business is compared and ranked against every other business over time and space. The process of "spatio-temporal" analysis reduces the businesses to a few very high-quality businesses. The overall strategy is to hold onto winning ideas and eliminate losers over time and regular intervals using more spatial-temporal analysis.