
Buy Strength, Sell Weakness.
Founded in 2023, Marathon Trends runs Trend Following PMS, a Portfolio Management Service shaped by three decades of experience in India's equity markets and disciplined by 4 full market cycles (1992, 2000, 2008, 2020). Marathon Trends is a SEBI-registered Portfolio Management Service (reg. INP000005722), running a single concentrated trend-following flexicap equity mandate. What you own is a concentrated book of 20-25 high-conviction positions, held in your demat account with an independent custodian (Kotak Mahindra Bank).
Sorted by 3-year return. Returns are TWRR, net of fees; CAGR above 1 year.
Trend Following - Flexicap Growth
MEGA TRENDS:Multicap-Growth
Atul Suri
Fund managerCEO & Fund Manager
Atul Suri has spent more than three decades studying and investing in Indian equities. His journey began in 1991 as a fundamental analyst at Parag Parikh Financial Advisory, where he learned to look beyond the story and understand what really sits behind a business, its earnings, its numbers, and the quality of its growth. He later pursued a master's degree in finance in Sydney, adding a quantitative perspective to his fundamental understanding of markets. In 2008, Atul joined RARE Enterprises as a portfolio manager, working alongside Rakesh Jhunjhunwala. He managed a concentrated portfolio through the global financial crisis and the decade that followed, experiencing first-hand how markets behave through different cycles. Those years reinforced an important lesson: being right about a business is only part of investing. Knowing when a trend has changed matters just as much. Conviction needs discipline, and every position needs a clear framework for managing risk. Today, Atul combines fundamental understanding with technical analysis and a deep study of market trends.
Vineet Singh
Head of Research & Co-Promoter
BCom, MBA Finance
Vineet, the Research Head and co-promoter of Marathon Trends, embodies a unique blend of expertise, passion, and dedication that has propelled long-term investment success. His journey began with a deep-rooted fascination for the equity markets, leading him to Marathon Capital in 2004, where he discovered his true calling.
Sourav Banerjee
Research Analyst
Sourav Banerjee is a research analyst specializing in data analytics, technical analysis, and coding-based market research. He holds a Bachelor’s in Commerce (Honors), a Chartered Market Technician (CMT) certification, and has pursued an MBA in Banking & Finance.
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.
Vidhi Gulabani
Compliance Officer
BSc, MBA
Experienced Compliance Officer at Marathon Trends Advisory, with over 15 years of industry experience, she has held pivotal roles at Motilal Oswal Wealth Management Pvt Ltd and Alchemy Capital Management Pvt Ltd.
Devendra Agarwal
Research Analyst
M.Tech (IIT Bombay), CFA Level I, NISM RA and PMS certifications
Devendra is an Equity Research Analyst with over 6 years of experience combining fundamental research, systematic trend-following models, and portfolio analytics. Holding an M.Tech from IIT Bombay and having cleared CFA Level I in the top percentile, he brings quantitative precision to equity research. He specializes in evaluating and analyzing backtests for trend-following systems, tracking key performance metrics, and supporting drawdown-based risk management frameworks. Credentialed with NISM Research Analyst (RA) and PMS certifications, he bridges fundamental company analysis with systematic execution. His focus centers on delivering data-backed investment strategies that optimize capital allocation and risk control for PMS and Research Analyst platforms.
Moneksha Dangat
Quantitative Analyst
MIT-MBA, James Cook University Australia
Builds the quantitative infrastructure behind the Momentum filter, the weekly relative-strength ranking against the BSE 500 across all three windows. Machine-learning models for signal construction and regime classification, and an agentic AI layer automating data ingestion, validation and backtesting, so every ranking is reproducible end to end.
Aakhi Chakraborty
Back Office
MCom
The reconciliation layer between what the portfolio says and what the custodian actually holds. Operations, settlement and coordination with the fund accountant, run so the two agree every single day. The unglamorous discipline that makes every other number on this site something an investor can verify rather than take on trust.
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