Different Portfolio

Innovation is concentrated—so our portfolio looks nothing like traditional indexes

Fund Differentiation

Portfolio Index Overlap

MSCI World Overlap

NASDAQ-100 Overlap

Non-tech holdings form a unique long tail
There are few true innovation funds globally, and we stand apart due to our unique methodology
We focus on innovation that is transformative, monetizable, scaleable and leadership-driven
Not being tied to an index allows us to quickly change opinion and keep important exit windows open

Portfolio Composition

Geographic & Sector Breakdown

Geographic Exposure

Geo Split

US 39%

China 21%

S Korea 17%

Taiwan 12%

Europe 9%

Brazil 2%

Sector Allocation

Sector Split

As per 31st March 2026 holdings of master fund

To know more about us visit our

Fund Page
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Global Innovation Megatrends

We think differently, and we write about it. These megatrends are uncovered through our ongoing research-led discovery process, mapping deep inflection points reshaping global industries

Hardware/Software Flip

A Glossary of Our Worldview

The terms we coined, the arguments we keep making, and the questions we still brood over, collected in one place for anyone who walked in midway.

Nilesh Jasani

October 4, 2026

Competitive World

Examining the race for dominance in a world reshaped by accelerating intelligence and innovation.

The Real Loops of Innovation

Ambitious innovation plans abound. This note is about the risks that live between them, and the higher bar of evidence careful investing now needs.

Nilesh Jasani

September 27, 2026

Competitive World

Examining the race for dominance in a world reshaped by accelerating intelligence and innovation.

Time Value of Everything

Errors of commission get punished and fixed. Errors of delay are turning costlier. The calendar has become the scarcest and the scariest input in tech.

Nilesh Jasani

September 21, 2026