
Cat III · Managed by B-Fly
Navigating Growth, Securing Futures
Complex or leveraged strategies — long-short, hedge-fund-style and quant funds. Often open-ended, within SEBI leverage limits.
B-Fly India Alternative Investment Trust (SEBI Reg. IN/AIF3/24-25/1554) is a Category III AIF registered in July 2024 and managed by B-Fly Asset Manager LLP, a subsidiary of B.N. Rathi Securities Limited (BSE: 523019), one of South India's leading stockbroking and financial services firms. The fund's commercial name is 'B-FLY India Opportunities Fund.' B.N. Rathi Securities, incorporated in 1985 and a founder member of the Hyderabad Stock Exchange, is a public-listed stockbroker with over 60,000 CDSL depository accounts and a top CDSL participant in South India. The fund launched in September 2024 and had achieved an AUM of ₹30 crore by late 2024. The fund invests in a diversified portfolio combining private (unlisted) securities and listed equities, with a strong focus on high-growth SMEs with significant long-term return potential. The fund is headquartered at 6/3/652, 4th Floor, Kautilya Amrutha Estates, Somajiguda, Hyderabad 500082, with an additional Mumbai office at A-Wing 301, Gala Quest, Vile Parle East, Mumbai 400057.
Sunil Jatakia
Fund managerFund Manager
Sunil Jatakia is an investment professional with over 27 years of experience in Indian Capital Market and has worked in the areas of equity trading & sales, Equity Research and Portfolio Management in the past. He follows Contrarian Investing philosophy - Contrarian in terms of Stock picks and Investment time horizon - with an eye on asymmetric returns. He strongly believes in deep bottom-up fundamental analysis, focusing on relatively undervalued companies having sustainable growth potential and run by competent management. His investment strategy is based on Growth at reasonable price and is more tilted towards small and Mid-Cap stocks.
Dhiren Shethia
Managing Partner & Founder
Dhiren Shethia has a wealth of experience spanning over two decades in the dynamic world of stock markets and investments. A partnership with an investment banking firm played a pivotal role in fostering the growth of SMEs and orchestrating successful fund-raising endeavors.
Chetan Rathi
Sponsor & Co-Founder
Mr. Chetan Rathi has been a full-time director and CFO at B.N Rathi Securities Limited since 2010. He has decades of experience in securities, insurance, mutual funds, and other financial instruments. He has expertise in Risk Management. He uses metrics and data visualization effectively to report business performance and support decision-making at the organizational level. He has previously worked at various levels from Accounts, KYC, back office, RMS, Dealing, and marketing towards business development.
Krishit Shah
Equity Research Analyst
Krishit is motivated by financial markets and is keen on dissecting complex industries and companies. He has previously worked as an analyst with a leading stock broking firm. He excels at building intricate financial models and performing in-depth fundamental research for companies.
No insights published yet.
Investments in AIFs carry market and credit risk including possible loss of capital. Past performance does not indicate future returns. Information shown is sourced from the issuer's PPM and SEBI filings — confirm against the latest PPM before committing. Wisefolio is an information platform; it is not registered with SEBI as an investment adviser, portfolio manager, or distributor. By using this page you accept our terms and privacy policy, including the self-attestation that you are eligible to view AIF marketing material under SEBI rules.
Saurabh Gadhari
Technical Analyst
NISM-Series-VIII, NISM-Series-III-A
Saurabh is a certified NISM-Series-VIII: Equity Derivatives and NISM-Series-III-A: Securities Intermediaries Compliance (Non-Fund). He has a total experience of 10 years in the equity and derivatives markets. He is a highly motivated individual in the field of intricate analysis of financial markets. And he has worked with industry bigwigs. He has managed to be a high-net-worth individual throughout his career.
See every PMS strategy and AIF from B-Fly.