About Bhavin Shah
Bhavin Shah is the Founder & CIO of Sameeksha Capital, where he leads the firm's investment research and portfolio-management activities. His professional background combines engineering, technology research and institutional equity research, giving him a multidisciplinary foundation for analysing businesses and investment opportunities.
His career includes experience with Credit Suisse, JP Morgan and Equirus Securities, alongside an earlier engineering and technology background. His research experience includes technology-sector analysis, institutional equity research and fundamental research across listed companies.
At Sameeksha Capital, his investment approach is centred on research-driven and process-oriented investing. His work focuses on business quality, sustainable competitive advantages, management quality, corporate governance, capital allocation, cash-flow generation and valuation. He is also associated with Sameeksha's PMS strategies as a fund manager.
Key Details
| Particular | Details |
| Full Name | Bhavin Shah |
| Current Role | Founder & Chief Investment Officer (CIO) |
| Organisation | Sameeksha Capital |
| Investment Role | Equity Fund Manager / Portfolio Manager |
| Professional Focus | Equity Research, Investment Research & Portfolio Management |
| Research Background | Global and institutional equity research |
| Sector Expertise | Technology and Indian equities |
| Investment Approach | Bottom-up fundamental and research-driven investing |
| Core Expertise | Business analysis, valuation, financial modelling and portfolio construction |
| Previous Organisations | Credit Suisse, JP Morgan and Equirus Securities |
| PMS Strategies | Sameeksha India Equity Fund PMS; Sameeksha India Diversified Investment Strategy |
| Academic Background | MBA, University of Chicago Booth; MS in Electrical & Computer Engineering, UC Irvine; BE in Electronics & Communications, L.D. College of Engineering |
Bhavin Shah's Education and Professional Qualifications
Bhavin Shah has an academic background combining engineering, computer engineering and business education. He holds an MBA from the University of Chicago Booth School of Business, an MS in Electrical & Computer Engineering from the University of California, Irvine, and a BE in Electronics & Communications from L.D. College of Engineering.
His academic background combines technical engineering knowledge with formal business education, providing a foundation for his later work in equity research and investment management.
Bhavin Shah has also been associated with Beta Gamma Sigma, an international business honour society. His technical background includes microprocessor-design work, with two US patents associated with microprocessor design.
This combination of engineering, technology and finance is particularly relevant to his experience as a technology-sector research analyst and investment professional.
Bhavin Shah Career Timeline
Engineering and Technology Background
Bhavin Shah began his professional journey with an engineering and technology-oriented background. His education in Electronics & Communications Engineering and Electrical & Computer Engineering established a technical foundation that later complemented his work in technology equity research.
Credit Suisse
Bhavin Shah subsequently worked with Credit Suisse, gaining experience in institutional equity research and global financial markets. This phase of his career contributed to his understanding of professional research, company analysis and institutional investment requirements.
JP Morgan
His career also included experience with JP Morgan, where he worked in equity research. His technology-sector expertise and analytical background were relevant to institutional research and the evaluation of technology-related businesses.
Equirus Securities
Bhavin Shah later worked with Equirus Securities, further developing his Indian equity-research and investment-research experience. His career across international and domestic research environments provided exposure to different research processes and investment perspectives.
Sameeksha Capital
Bhavin Shah subsequently founded Sameeksha Capital, where he serves as Founder & CIO. In this role, he leads the firm's investment platform and applies his research experience to portfolio management, investment analysis and decision-making.
His career progression from engineering and technology to institutional equity research and investment leadership provides the foundation for his current role as an Indian equity fund manager.
Bhavin Shah's Investment Philosophy and Research Approach
Bhavin Shah's investment approach is rooted in bottom-up fundamental research. Rather than restricting the investment process to a particular market-cap segment or sector, his research approach allows flexibility in identifying businesses based on their underlying characteristics and investment potential.
A key part of this process is understanding the quality of the underlying business. This includes examining sustainable competitive advantage, management quality, corporate governance and capital allocation. Financial characteristics such as earnings growth, cash-flow growth and return on invested capital (ROIC) can also form part of the analysis.
Valuation discipline is another important component. Financial modelling and discounted cash-flow (DCF) valuation can be used to assess the relationship between a company's fundamentals, future financial prospects and market valuation.
His technology background also supports a technology-backed research approach, particularly when analysing businesses operating in technology-intensive industries. His engineering experience can provide an additional lens for understanding complex technologies, products and business models.
The overall approach is process-driven and research-led, with an emphasis on business fundamentals, valuation discipline and risk-adjusted investment decision-making. His investment orientation also includes an absolute-return perspective.
Funds and Strategies Managed by Bhavin Shah
Bhavin Shah is confirmed as fund manager for two Sameeksha PMS strategies: the Sameeksha India Equity Fund PMS and the Sameeksha India Diversified Investment Strategy.
His broader role as Founder & CIO connects him with Sameeksha's wider investment platform. AIF and IFSC relationships are discussed separately because scheme-level fund-manager designations should be based on the latest applicable documentation.
Sameeksha India Equity Fund PMS
Bhavin Shah is identified as the fund manager of the Sameeksha India Equity Fund PMS. The strategy forms part of Sameeksha Capital's Indian-equity investment platform and reflects its research-driven approach to portfolio management.
Sameeksha India Diversified Investment Strategy
Bhavin Shah is also confirmed as fund manager of the Sameeksha India Diversified Investment Strategy. The strategy represents another component of Sameeksha's Indian-equity investment platform.
Sameeksha Capital Investment Fund
Bhavin Shah is associated with the Sameeksha Capital Investment Fund as an investment leader within Sameeksha's broader alternative-investment platform.
The exact current scheme-level designation should be confirmed from the latest applicable PPM before describing Bhavin Shah specifically as the formal fund manager of the AIF.
Sameeksha India Flexicap Equity Fund
Bhavin Shah is also associated with the Sameeksha India Flexicap Equity Fund through Sameeksha's Indian-equity/IFSC investment platform.
The precise current designated fund-manager role for the IFSC vehicle should be confirmed from the latest applicable PPM before making a specific regulatory claim.
Portfolio Management Services
Bhavin Shah's confirmed PMS responsibilities form part of the broader portfolio management services segment. His work in PMS combines fundamental equity research, business analysis, valuation and portfolio construction.
Category III Alternative Investment Funds
Sameeksha's broader alternative-investment activities can be viewed within the context of Category III alternative investment funds. AIF strategies and their designated investment professionals should be evaluated separately from PMS mandates and based on current fund documentation.
GIFT City Funds
Sameeksha's IFSC-related investment activities can also be considered in the context of GIFT City funds. Specific scheme-level roles and designations should be based on the latest applicable documentation.
