• IIFL High Growth Companies Fund intends to create a portfolio of around 15-20 companies (depending on market opportunities the count may vary) which are:• Key beneficiaries of the secular growth drivers which have not changed; or • Poised for a strong uptick in earnings and cash flows due to cyclical uptick in the industry; management change; or • Quality defensives who are changing tracks from modest growth to high growth based on new products, technology change, mergers & acquisitions.