There are more than 7000 companies listed on NSE and BSE, out of which only about 500 are of investible size. We have used comprehensive filtering to shortlist about 150 (this has expanded over time) companies that met our stringent requirements. We not only went through quantitative parameters over past several years but also manually eliminated companies with suspect management. This forms our fishing pond to build portfolios. We like “fishing in a pond where the fish is of high-returning variety”.