Who is Saurabh Mukherjea?

Saurabh Mukherjea is the Founder and Chief Investment Officer of Marcellus Investment Managers, established in 2018. He has over 20 years of equity market experience and previously served as CEO of Ambit Capital, where advisory assets reached approximately USD 800 million. He is a CFA charterholder and a graduate of the London School of Economics and Political Science.

What funds does Saurabh Mukherjea manage?

Saurabh Mukherjea manages four PMS strategies available through ALTPORT: Marcellus Consistent Compounders Portfolio, Marcellus Little Champs Portfolio, Marcellus Kings of Capital, and Marcellus Rising Giants PMS. All four strategies require a minimum investment of ₹50 lakh, in line with SEBI regulations.

What is Saurabh Mukherjea's investment philosophy?

Saurabh Mukherjea follows the Coffee Can investing philosophy by investing in high-quality businesses with clean financial statements and consistently high return on capital employed (ROCE) for the long term. Every company also undergoes a rigorous forensic accounting screen before portfolio inclusion.

What are Saurabh Mukherjea's qualifications?

Saurabh Mukherjea holds a Bachelor of Science in Economics (First Class Honours) and a Master of Science in Economics (Distinction) from the London School of Economics and Political Science. He is a CFA charterholder and a Fellow of the Royal Society of Arts (FRSA).

Which PMS does Saurabh Mukherjea manage?

Saurabh Mukherjea manages four PMS strategies at Marcellus Investment Managers: Consistent Compounders Portfolio, Little Champs Portfolio, Kings of Capital, and Rising Giants PMS. Each strategy is available through ALTPORT with a minimum investment of ₹50 lakh.

Can NRI investors access Marcellus funds through ALTPORT?

Yes. Eligible NRI and HNI investors can access Marcellus PMS strategies through ALTPORT. Marcellus Investment Managers is SEBI-registered (Registration No. INP000006183). Investors can visit the ALTPORT NRI section or consult an advisor for eligibility and documentation requirements.

Why invest with Saurabh Mukherjea?

Saurabh Mukherjea has more than 20 years of capital markets experience, including his tenure as CEO of Ambit Capital. At Marcellus, he follows a disciplined Coffee Can investing approach supported by forensic accounting and competitive moat analysis to build long-term portfolios.

What experience does Saurabh Mukherjea have?

Saurabh Mukherjea co-founded Clear Capital in London, where he was recognised as a Top Small-Cap Analyst in 2007. He later served as CEO of Ambit Capital, growing advisory assets to approximately USD 800 million, before founding Marcellus Investment Managers in 2018.

What are the returns of Marcellus PMS?

Performance data for all Marcellus PMS strategies is available on the respective product pages on ALTPORT, based on APMI-published SEBI data. Returns are presented using the Time-Weighted Rate of Return (TWRR) methodology, net of fees and expenses. Past performance is not indicative of future results.

Saurabh Mukherjea – Founder & CIO, Marcellus

Saurabh Mukherjea

Founder and Chief Investment Officer - Marcellus

Saurabh Mukherjea is the Founder and Chief Investment Officer (CIO) of Marcellus Investment Managers with over 20 years of experience in equity markets. Before founding Marcellus, he served as the CEO of Ambit Capital, where he built one of India's leading institutional advisory businesses. He is a CFA charterholder, an FRSA, and an alumnus of the London School of Economics and Political Science.

Education and Qualifications

Saurabh Mukherjea earned a Bachelor of Science in Economics (First Class Honours) and a Master of Science in Economics (Distinction in Macro and Microeconomics) from the London School of Economics and Political Science. He is a Chartered Financial Analyst (CFA) from the CFA Institute, USA, and a Fellow of the Royal Society of Arts (FRSA).

Career Timeline

Period	Location	Role	Key Milestone
Early Career	London, United Kingdom	Co-Founder, Clear Capital	Co-founded Clear Capital and was recognised as one of the Top Small-Cap Analysts in the UK by the Extel Survey in 2007.
Until June 2018	India	CEO, Ambit Capital	Led the firm as CEO, growing advisory assets to approximately USD 800 million. He was voted India's Leading Equity Strategist in the Asiamoney polls in 2015, 2016, and 2017.
August 2018-Present	Mumbai, India	Founder & CIO, Marcellus Investment Managers	Founded Marcellus Investment Managers in August 2018. The firm received SEBI approval for its Portfolio Management Service in October 2018.

Published Works and Thought Leadership

Coffee Can Investing (Co-authored) - Penguin
The Unusual Billionaires (Author) - Penguin
Diamonds in the Dust (Author) - Penguin

Industry Roles and Associations

Founding Director, Association of Portfolio Managers in India (APMI)
Member, multiple SEBI working groups reviewing and reforming portfolio management regulations in India

Awards and Recognition

Top Small-Cap Analyst in the UK - Extel Survey - 2007
India's Leading Equity Strategist - Asiamoney Polls - 2015
India's Leading Equity Strategist - Asiamoney Polls - 2016
India's Leading Equity Strategist - Asiamoney Polls - 2017
Best Newcomer PMS - Rank 2 - All Categories - 2-Year Absolute Returns (Marcellus Consistent Compounders Portfolio) - PMS AIF World in association with IIM Ahmedabad - 2021
Best Newcomer PMS - Rank 2 - All Categories - 1-Year Absolute Returns (Marcellus Little Champs Portfolio) - PMS AIF World in association with IIM Ahmedabad - 2021

Funds Managed by Saurabh Mukherjea

Marcellus Consistent Compounders Portfolio (PMS)

The Marcellus Consistent Compounders Portfolio is a discretionary PMS with a minimum investment of ₹50 lakh. It invests in a concentrated portfolio of heavily moated large-cap companies with a long-term compounding approach. Investors can access the strategy through the Marcellus Consistent Compounders Portfolio page on ALTPORT.

Marcellus Little Champs Portfolio (PMS)

The Marcellus Little Champs Portfolio is a discretionary PMS requiring a minimum investment of ₹50 lakh. The strategy focuses on small and mid-cap businesses with the potential to become long-term quality compounders. Investors can explore the strategy through the Marcellus Little Champs Portfolio page on ALTPORT.

Marcellus Kings of Capital (PMS)

The Marcellus Kings of Capital strategy is a discretionary PMS with a minimum investment of ₹50 lakh. It is a thematic portfolio focused on financial services companies demonstrating disciplined capital allocation and long-term growth potential. Investors can access the strategy through the Marcellus Kings of Capital product page on ALTPORT.

Marcellus Rising Giants PMS

The Marcellus Rising Giants PMS requires a minimum investment of ₹50 lakh. The strategy focuses on quality mid-cap businesses with market capitalisations generally ranging between USD 500 million and USD 10 billion, aiming to identify future market leaders. Investors can explore the strategy through the Marcellus Rising Giants PMS page on ALTPORT.

Investment Philosophy Note

Marcellus follows the Coffee Can investing approach, focusing on buying and holding high-quality businesses with clean financials and consistently high return on capital employed (ROCE) over long periods. Every company also undergoes a forensic accounting screen before it is considered for inclusion in a portfolio.

NRI and HNI Investor Note

Saurabh Mukherjea manages Marcellus Investment Managers, a SEBI-registered Portfolio Management Service (Registration No. INP000006183). Eligible NRI and HNI investors can access Marcellus PMS strategies through ALTPORT. Visit the ALTPORT NRI page for eligibility and onboarding information.