In this work, we have tried to develop a detailed understanding of the physical processes occurring in those variants of Micro Pattern Gas Detectors (MPGDs) that share micro hole and micro strip geometry, like GEM, MHSP and MSGC etc. Some of the important and fundamental characteristics of these detectors such as gain, transparency, efficiency and their operational dependence on different device parameters have been estimated following detailed numerical simulation of the detector dynamics. We have used a relatively new simulation framework developed especially for the MPGDs that combines packages such as GARFIELD, neBEM, MAGBOLTZ and HEED. The results compare closely with the available experimental data. This suggests the efficacy of the framework to model the intricacies of these micro-structured detectors in addition to providing insight into their inherent complex dynamical processes.