Adhia Funds, Inc. (the "Company") is an open-end, non-diversified management investment company - a mutual fund. The Company presently consists of a single portfolio, the Adhia Twenty Fund (the "Fund").

The Fund's investment objective is capital appreciation through investment in fifteen to twenty-five common stocks. The Fund may invest temporarily in money market funds to defend capital during what it considers to be periods of falling common stock prices.

Stocks are selected based on fundamental factors include book value, price to earnings ratios, price to sales ratios, cyclic nature of industry, management reputation, etc. Technical indicators like moving averages, changes in volumes, stock momentum, etc. will be considered as secondary factors in selection criteria.

The Fund does not propose to purchase securities for short term trading in the ordinary course of operations. However, there may be times when the management deems it advisable to substantially alter the composition of the portfolio which in turn increase portfolio turn over rate.