About Company
Aequitas
Aequitas started in 2012 because we wanted a different way for investors to build wealth. Siddhartha Bhaiya, our MD & CIO, had worked in the AMC business for over 10 years before Aequitas. He noticed that most AMCs were focused on growing their Assets Under Management (AUM) by working with distributors. Siddhartha had a different idea. He thought that if we focused on getting good returns for our investors, the AUM would grow on its own, and he was right. We began with AUM of INR 10 Cr in 2013. Now, 12 years later in 2025, our AUM is at INR 7,500 Cr and it's still growing. We did this without any distributors, just through word of mouth. This let us have a direct relationship with all of our investors, which is what we wanted. Aequitas is built on strong principles and values that we still stand by. We use one investment approach for all our products: the Multibagger strategy. This approach has helped Aequitas get a 32% CAGR for our investors since we started. That means if you invested INR 1 million with us in 2013, it would be worth INR 37 million by October 2025.
Fund Snapshot
| Year of Inception | 2012 |
| Minimum Investment | 10 Crores |
| Number of Stocks | 15-20 stocks |
| Investment Horizon | 3-5 years |
| Performance Sharing | 10% profit sharing with high watermarking to be charged annually at the end of the financial year |
Investment Strategy
- Portfolio management services are available to high-net-worth individuals, Indian corporations, and non-resident Indians.
- The portfolio management product’s main goal is to produce capital gains over the medium and long term by investing in equity-linked instruments of publicly traded corporations.
- Aequitas Investment Consultancy employs a bottom-up strategy when selecting equities for inclusion in an investor’s portfolio, and portfolio management constructs portfolios based on the organisations’ high conviction opinions.
- The portfolio’s equities are from high-quality companies with strong corporate governance.
Investment Pattern
- The percentage invested in equity shares and IPOs ranges from 0% to 100%.
- A total of 10 stocks can be invested, with a maximum of 30.
- No single stock can account for more than 15% of the portfolio during the investment term.
- No single sector should account for more than 30% of the whole portfolio during the investing term.
Benefits
- The company strives to maintain a one-to-one relationship with the customers.
- The company has only one product i.e. portfolio management service, and only one yardstick to measure its performance.
- The company offers bespoke portfolios, not a model portfolio
- Companies do not work with distributors
- The company aim to construct a portfolio with 15-20 stocks across various sectors.
Portfolio Construction
- Invest in high-quality businesses, with an emphasis on small and mid-cap growth.
- The majority of market participants are concerned with a price; we are concerned with the company’s fundamentals.
- Aim to build a portfolio of 15-20 equities from diverse industries.
- Invest with a 3-5 year time horizon and a low churn rate in mind.
- For a long period, a value can maintain a value. We’re always on the lookout for triggers that might lead to a stock re-rating.
Company Attributes
- The majority of the businesses in our portfolio are market leaders with a long-term competitive advantage.
- Companies must have very low debt levels, and some of them are actually cash positive.
- A solid long-term performance record, strong dividend payment record, and corporate governance procedures are required.
- The portfolio price-to-earnings ratio is lower than the market price-to-earnings ratio (adjusted for cyclicality in earnings).
- In the 12 months leading up to our initial acquisition, the majority of the corporations had done buy-backs or creeping acquisitions.
- Companies with strong and continuous cash flow generation are included in the portfolio.
Reasons to choose
- One of India’s best-performing mutual funds
- A long-term plan focused on generating wealth.
- Excessive profits
- Multi-bagger Strategy
- Client Relationships on a One-to-One Basis
- Low transaction costs and a low churn rate
- Long-term holdings are taxed at a lower rate than short-term holdings.
- There are no distributors or intermediaries; the company has developed via referrals.
- Returns with the lowest risk
- The best performance over the last five years
Listen to expert conversations and investment insights anytime on Spotify.
Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.
Siddhartha Bhaiya
Siddhartha founded AICPL in 2012 to create long-term wealth for clients. As a fund manager of AICPL, Siddhartha has outperformed NIFTY handsomely over 9 years and delivered industry-beating CAGR returns. He is a qualified Chartered Accountant and before AICPL, managed funds at Reliance Capital Asset Management
Get In Touch With
Our Investment Experts
Our experts will understand your goals, map the right strategy across AIFs, PMS, Mutual Funds and Wealth Solutions, and guide you through every step.