Karma Capital Advisors
Founded in 2005 by Nikhil Desai and Rushabh Sheth, Karma Capital Advisors is a Mumbai-based boutique investment firm specializing in Indian listed equities. It manages approximately ₹7,450 crores (USD 829 million) for global institutional and individual investors as of September 2024. The firm follows a disciplined, bottom-up "Growth at Reasonable Price" (GARP) philosophy to deliver long-term returns through high-conviction portfolios. Key offerings include Portfolio Management Services (PMS) like Wealth Builder and Lotus, as well as Category III Alternative Investment Funds (AIF). Karma Capital remains employee-owned, maintaining an independent, research-driven approach across market cycles.
