About Company
Buoyant Capital
Established in 2016, Buoyant Capital is a SEBI-registered alternative asset manager renowned for consistently achieving superior risk-adjusted returns. Their investor-first approach is evident as they do not impose entry loads, exit loads, setup fees, or lock-in periods. Buoyant Capital stands out for its commitment to putting investors’ interests at the forefront.
Buoyant Opportunities Scheme
About the strategy
Buoyant Capital aims to achieve better returns relative to the risk taken throughout different market periods by using both top-down and bottom-up investment methods. The flexible portfolio balances stable investments that generate cash with cyclical or turnaround investments in order to improve growth and protect capital. The company uses a team approach to improve risk control and maintain stable results.
Key highlights
In June 2025, the Buoyant Opportunities strategy shifted its sector allocations. They increased our investments in Info Tech, Insurance, and Banking, while decreasing our investments in Misc, HealthCare, and Media.
The cash allocation is at 12.5%. BFSI is still our largest investment in the Buoyant Opportunities strategy. This is because we are confident in its strong earnings and good value.
Large Caps (including cash) make up 53% of the total investments, and Core sectors account for 57%.
Performance Insights
Top sector allocation
|
Banking |
17% |
|
Info Tech |
8% |
|
NBFC |
7% |
|
Chemicals |
7% |
|
HealthCare |
7% |
Core vs. Satellite
|
Core vs. Satellite |
57% |
|
Satellite |
43% |
|
Cyclicals |
14% |
|
Turnaround |
15% |
|
Value |
15% |
Market cap allocation
|
Large Cap and cash |
53% |
|
Mid Cap |
25% |
|
Small Cap |
22% |
Key ratios
|
Particulars |
1-yr |
2-yr |
3-yr |
|
Sharpe ratio |
0.5 |
1.4 |
1.7 |
|
Information ratio |
3.5 |
0.7 |
1.3 |
|
Standard deviation |
14.6 |
12.9 |
13.4 |
|
Beta |
0.9 |
0.9 |
0.9 |
|
Sortino |
0.9 |
2.8 |
4.0 |
Sector changes during the month
1m - added weights
- Info Tech
- Insurance
- Banking
1m - reduced weights
- Misc
- HealthCare
- Media
3m - added weights
- HealthCare
- Chemicals
- Info Tech
3m - reduced weights
- Automobile
- NBFC
- Banking
A Portfolio That Moves When You Do
Your life evolves—your portfolio should too. At AltPort, portfolios are dynamic, responsive, and tuned to your financial journey. As markets shift and your goals develop, we recalibrate with speed and precision. No clutter, no confusion—just thoughtful adjustments that keep you moving forward. If you want a portfolio that grows with you, we’re ready.
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Buoyant Opportunities PMS
Benchmark: BSE 500 TRI
Compare fund returns and benchmark performance across multiple investment periods using a visual bar graph.
Review and compare fund returns against benchmark performance across different investment periods in a detailed tabular format.
Buoyant Capital Private Limited
| AUM(Cr.) | 1M | 3M | 6M | 1Y | 2Y | 3Y | 4Y | 5Y | Ince. | |
| Performance | ₹11548.39 | 2.48 | 11.72 | -0.10 | 5.08 | 9.72 | 17.97 | 23.51 | 20.20 | 20.75 |
| Benchmark | NA | 1.73 | 12.10 | -3.53 | -1.96 | 1.52 | 12.53 | 15.29 | 12.21 | 14.11 |
Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.
Dipen Sheth
Dipen has 33 years of diverse professional and entrepreneurial experience spanning sectors such as manufacturing, consulting, infotech, retail, and capital markets. He has previously worked with HDFC Securities and Edelweiss Securities. At HDFC Securities, he was the Head of Institutional Equity Research, advising leading Indian institutional investors. He holds a PGDM from IIM Calcutta and a B.Tech in Chemical Engineering from IIT Kanpur. Dipen is a trained Indian classical musician, a film music buff, and a traveller/photographer who goes off the beaten track.
Viral Berawala
Viral has over 25 years of equity research and investing experience, covering sectors like Information Technology, FMCG and retailing, Real estate, and Oil & Gas. Viral has previously worked with institutions such as Nippon Asset Management, Nippon Life Insurance, and TCS. Previously, Viral was the Chief Investment Officer at Nippon Life Insurance, running over USD 3 billion in equity and debt assets. Viral is an associate member of the Institute of Chartered Accountants of India, and an alumnus of IIM – Ahmedabad. Outside of work, Viral likes reading books on various topics, especially ones not related just to the world of finance.
Sachin Khivasara
Sachin has over 26 years of equity research and investing experience, covering sectors like Automobiles and ancillaries, Capital goods and engineering, and small and mid-cap sectors. Sachin has previously worked with institutions such as Nippon Asset Management, Edelweiss, and Enam Investments. Sachin is an associate member of the Institute of Chartered Accountants of India, and an associate Cost & Works Accountant. Outside of work, Sachin is a profound practitioner of yoga.
Jigar Mistry
Jigar has over 23 years of equity research and investing experience, covering sectors like Banking and financials, Global metals and mining, Utilities and India strategy. Jigar has previously worked with institutions such as HSBC Capital Markets and Kotak Institutional Equities. Prior to founding Buoyant, Jigar was the Director of Research at HSBC, advising top global funds on investing in India. Jigar is an associate member of the Institute of Chartered Accountants of India, and a CFA Charterholder from AIMR, US. Outside of work, Jigar likes playing music and squash.
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The strategy combines top-down macro analysis with bottom-up stock selection to identify investment opportunities across market cycles. It balances stable cash-generating businesses with cyclical and turnaround opportunities to aim for growth while managing downside risks.
The portfolio currently has its highest exposure to Banking, followed by Information Technology, NBFCs, Chemicals, and Healthcare. BFSI continues to remain the largest allocation due to confidence in earnings visibility and valuations.
The strategy allocates around 53% to large-cap stocks and cash, while mid-caps account for 25% and small-caps make up 22% of the portfolio. This mix is intended to balance stability with growth potential.
The core portfolio consists of relatively stable, long-term holdings that form the foundation of the strategy, while the satellite portion includes cyclical, value, and turnaround opportunities aimed at generating additional alpha.
The strategy actively reviews and adjusts sector exposure based on market conditions, valuations, and earnings outlook. Recent portfolio changes included increasing allocations to Information Technology, Insurance, and Banking while reducing exposure to Healthcare, Media, and Miscellaneous sectors.