

Cat III · Managed by Aequitas Investment Consultancy
Compound wealth through disciplined Multibagger investing
Complex or leveraged strategies — long-short, hedge-fund-style and quant funds. Often open-ended, within SEBI leverage limits.
Aequitas was founded in 2013 by Siddhartha Bhaiya to break away from conventional wealth-generation models focused purely on AUM growth. With over 10 years of prior AMC industry experience, he built Aequitas with a contrarian philosophy — prioritizing investor returns over asset gathering. Starting with INR 10 Cr in 2013, Aequitas has grown organically to INR 8,700 Cr AUM as of 2026, entirely through word of mouth and without distributors. The firm maintains direct one-to-one relationships with investors and specializes in Indian and global listed equities, serving HNIs, UHNIs, family offices, and global investors.
Subham Agarwal
Fund managerCo-Fund Manager
Subham comes with 10+ yrs. of industry experience which includes Investment Banking. Post completing Chartered Accountancy course he went onto pursue his career in Equity investment in listed space. With an added entrepreneurial background Subham is valued in the team for his fresh and rounded perspective on business challenges and processes. His profound interest and awareness of global events along with his tactical shrewdness to navigate market tides led to his appointment as the Fund Manager for our GIFT City funds, since inception.
Pratiksha Daftari
Fund managerFund Manager, PMS
CA, MBA (Indian School of Business)
With experience of over 15 years, Pratiksha specializes in the analysis of macro-economic scenario and its bearing on markets at large on investee companies and new investment opportunities. She brings a blend of expertise as a qualified CA and an MBA graduate from the Indian School of Business. Her proactive approach, patience, and passion led to her appointment as Fund Manager for our PMS in India in August 2022.
Niharika Jain
Fund managerFund Manager, India AIF
FCA, CFA (US) - all 3 levels cleared
She comes with 8+ yrs. of experience. A Fellow Chartered Accountant, having cleared all 3 levels CFA (US), Niharika stands tall for her micro-analytical and data crunching skills. With exposure across all market capitalization companies, she is a specialist in bottom-up stock selection. She was the first intern ever at Aequitas who got absorbed as a full-time employee and eventually got appointed as the Fund Manager for the India AIF in 2023.
Riya Mehta
Sr. Research Analyst
Senior Research Analyst specializing in fundamental equity research and investment opportunity identification.
Aditya Rathi
Sr. Research Analyst
Senior Research Analyst focused on sector analysis and identifying high-growth equity opportunities.
Aman Kothari
Research Analyst
Research Analyst contributing to equity screening, valuation and investment thesis development.
Yash Mandhana
Research Analyst
Research Analyst involved in bottom-up stock research and company-level analysis.
Aaryan Vadaria
Research Analyst
Research Analyst supporting portfolio research and valuation assessment.
Vanshika Jain
Research Analyst
Research Analyst contributing to company financial analysis and research processes.
Lokendra Varma
Research Analyst
Research Analyst focusing on equity research and portfolio evaluation.
Abhinav Mandowara
Research Analyst
Research Analyst engaged in stock screening and fundamental research.
Neerav Shah
Co-Founder & Director, Compliance & Operations
CA
A Chartered Accountant with over 20 years of experience, Neerav brings deep institutional and governance expertise to Aequitas. As Aequitas' Director, Compliance, Neerav provides an independent governance lens to the Global Investment Council, ensuring that investment decisions are supported by robust controls, regulatory discipline and the highest standards of fiduciary responsibility. He has been instrumental in embedding an 'Investors First' culture at Aequitas, with transparency and investor interests at the forefront of firm's operations.
Prithipal Singh
Director & Head of Business
With over 25 years of experience in the financial services industry, Prithipal is among the most seasoned professionals in India's asset management space. He has held leadership positions at some of the country's largest financial institutions, including BNP Paribas Asset Management and Reliance Mutual Fund, where he led sales, distribution, and strategic relationship management initiatives across diverse investor segments. At Aequitas, Prithipal leads the firm's business initiatives with a focus on transparency, long-term partnerships, and an investor-first philosophy.
Bhavna Jhunjhunwala
Managing Director
Master's in Financial Engineering, Baruch College
With Master's in Financial Engineering from Baruch College, New York, she comes with over 20 years of cross-domain experience spanning financial risk analytics, software engineering and entrepreneurship. Her diverse professional experience brings a strong analytical and risk-oriented perspective to the Global Investment Council, complementing Aequitas' bottom-up investment approach with a structured lens on markets and decision-making.
Amrit Gadhavi
AVP
Bhavik Devani
Compliance Officer
Anant Anand
Compliance Manager
Aditi Abhyankar
Compliance Manager
Saurabh
Compliance Manager
Simran Gambhir
Market Head - GCC
Shail Pillay
Business Development Manager
Neha Bharadia
Business Development Manager
Rakshit Sinha
Marketing Manager
Priyanka Daga
Business Development Manager
See every PMS strategy and AIF from Aequitas Investment Consultancy.
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