Our Services: PMS and AIF for Indian Equity Investing
Wealth Management Offerings Built on Conviction
Chanakya Capital offers two ways to invest in India’s growth story: a Discretionary Equity Portfolio Management Service (PMS) for resident Indians and NRIs, and an Alternative Investment Fund (AIF) through GIFT City IFSC for NRI and offshore investors. Both rest on the same foundation: ground-level research, concentrated high-conviction portfolios and fund managers who invest alongside you.
Not Sure Which Route Fits You?
Talk to Our Team
PMS vs AIF at a Glance
| Portfolio Management Services (PMS) | Alternative Investment Funds (AIF) | |
| Best suited for | Resident Indians and NRIs | NRI and offshore investors |
| Structure | Discretionary equity portfolio, customised to your goals and risk profile | Globally structured fund via GIFT City IFSC |
| Portfolio style | Concentrated, 15–25 high-conviction stocks | Gateway to Indian investment opportunities |
| Minimum investment | ₹50 lakh | As per the fund’s offering documents |
| Explore | Explore Our PMS | Explore AIF Opportunities |
Portfolio Management Services (PMS)
Our discretionary equity PMS gives you a portfolio held in your own name and managed by us, built around your goals and risk profile rather than a pooled, one-size-fits-all fund.
Who Our PMS Is Built For
- Resident Indians and NRIs with a minimum investment of ₹50 lakh
- Investors who prefer concentration and conviction over holding dozens of stocks
- Long-term investors who judge a manager by process, not by one-year returns
How We Manage Your Portfolio
- A concentrated portfolio of 15–25 high-conviction stocks
- Every company observed closely for at least two years before we invest
- Valuation based on discounted cash flows and the quality of management
- No investment where the margin of safety is insufficient, however good the business looks
Why Investors Choose Our PMS
- Fund managers invest a high percentage of their own net worth alongside clients
- A balanced mix of quality businesses and value-priced turnaround stories
- Direct, transparent reporting on what you own and why
See How We Build a PMS Portfolio
Alternative Investment Funds (AIF)
Our AIF is designed for NRI and offshore investors who want a globally structured, regulated gateway into Indian investment opportunities, run from GIFT City, India’s International Financial Services Centre.
Who Our AIF Is Built For
- NRIs and overseas investors seeking exposure to Indian equities
- Global investors who prefer an offshore-friendly fund structure
- Investors who want the same research-led approach as our PMS, in a structure suited to cross-border capital
Why GIFT City IFSC?
GIFT City is India’s first International Financial Services Centre, regulated by the International Financial Services Centres Authority (IFSCA). It lets international capital reach Indian markets through a structure designed for global investors. Learn more about the centre at GIFT City.
How Our AIF Is Managed
- The same ground-research discipline and long-term focus that guide our PMS
- Investment decisions rooted in management quality, governance and cash flows
- A manager aligned with investors through meaningful personal investment
Investing from Outside India?
Why Investors Worldwide Trust Chanakya Capital
Research first:
a 360-degree view of every company through ground research
Conviction over crowding:
a concentrated portfolio, with the top 15 companies making up about 80% of the portfolio
Skin in the game:
our fund managers invest alongside you
Regulated and registered:
Chanakya Capital Services Pvt. Ltd. is a SEBI-registered Portfolio Manager (Registration No. INP000006040)
FAQ
Frequently Asked Questions
1. What services does Chanakya Capital offer?
We offer two services: a discretionary equity Portfolio Management Service (PMS) for resident Indians and NRIs, and an Alternative Investment Fund (AIF) through GIFT City IFSC for NRI and offshore investors. Both follow our research-led, concentrated approach. See our investment approach
2. What is the minimum investment for Chanakya Capital’s PMS?
The minimum investment for our discretionary equity PMS is ₹50 lakh, which is the minimum SEBI sets for PMS clients. Portfolios hold 15–25 high-conviction stocks and are customized to your goals and risk profile. Explore our PMS.
3. Can NRIs and overseas investors invest with Chanakya Capital?
Yes. NRIs can invest through our PMS, and NRI and offshore investors can access Indian opportunities through our AIF at GIFT City IFSC. Eligibility, KYC and documentation depend on your country of residence and applicable regulations, so speak to our team before investing.
4. What is the difference between a PMS and an AIF?
A PMS is a portfolio held in your own name and managed on a discretionary basis, customised to you. An AIF is a pooled, globally structured fund with its own offering documents, here run from GIFT City IFSC for NRI and offshore investors.
5. Why does Chanakya Capital run a concentrated portfolio?
We invest only after complete clarity, and only in businesses we have observed closely for at least two years. That discipline leaves us with a small set of high-conviction ideas rather than dozens of average ones. Concentration also raises risk, so it suits investors with a long-term horizon.
Disclaimer: Investments in securities markets are subject to market risks. Read all related documents carefully before investing. Past performance is not indicative of future returns.