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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.
Past performance is not indicative of future returns. All returns are time-weighted (TWRR). Investments in securities markets are subject to market risks. Read all the related documents carefully before investing.
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.
| Period | This strategy | S&P BSE 500 TRI | Difference |
|---|---|---|---|
| 1 Month | −2.5% | −5.6% | +3.1% |
| 3 Months | −1.9% | −3.6% | +1.7% |
| 6 Months | +10.6% | +8.1% | +2.6% |
| 1 Year | +6.6% | −2.3% | +9.0% |
|---|
| 2 Years | −4.4% | −3.9% | −0.5% |
|---|
| 3 Years (CAGR) | +12.2% | +9.2% | +3.0% |
|---|
| 4 Years (CAGR) | 0.0% | +11.2% | −11.2% |
|---|
| 5 Years (CAGR) | 0.0% | +8.9% | −8.9% |
|---|
| Since launch | +17.5% | +11.7% | +5.9% |
|---|
As of Sept 2026
Risk metrics as of 2026-09-01 · 37-month window · Source: Computed from NAV history
Maximum drawdown: 24.9%
Prabhudas Lilladher’s story and investment philosophy are on the Prabhudas Lilladher firm page.
Siddharth Vora
Fund managerHead of Investment Strategies & Fund Manager, PL Asset Management; Executive Director, Prabhudas Lilladher Private Limited
The future of PL will be built on superior products backed by systematic processes designed for sustainable outperformance. Siddharth Vora is the Head of Quantitative Investment Strategies and Fund Manager of the Group's Asset Management business. He spearheaded PL's foray into quantitative asset management and research and is one of the most definitive voices on quant investing in India. He has introduced two path-breaking investment strategies, MADP and AQUA. He has developed the 6F framework for MADP and the 6S framework for AQUA.
Dr. Punita Kumar Sinha
Chairperson, PL Asset Management
Dr. Punita Kumar Sinha has 30+ years of experience in investment management in emerging and international markets. She is the Founding Partner of Pacific Paradigm Advisors, USA, an independent investment advisory and management firm focused on Asia. She has served on the boards of Infosys Limited, Fairfax India Fund, Blackstone Embassy REIT, JSW Steel Limited, Lupin Limited, to name a few. She is also on the Board of Governors of the CFA Institute and has also served as Chairperson of InCred AMC.
Nupur Patel
Director, PL Asset Management
Nupur Patel serves as a Director on the Board of PL Asset Management and is a member of its Investment Committee. She is part of the senior leadership driving the group's asset management and quantitative investing initiatives. She works closely with Siddharth Vora and the broader Investment Committee to oversee the PMS and AIF strategies.
Kapil Sachdeva
Investment Committee Member / Senior Leadership, PL Asset Management
Kapil Sachdeva is a member of the Investment Committee for the PL Capital Performing Credit Fund (Category II AIF) and a senior figure within the PL Capital Group's asset management and credit operations. He brings credit and financial markets expertise to the fund's governance structure.
Sandip Raichura
Executive Director & CEO - Retail & Distribution
Sandip Raichura is the CEO of the retail and distribution business of PL. He has over 25 years of experience in the financial services industry and has garnered valuable experience across broking, distribution, wealth and research. He holds all seventeen capital-market related NISM certifications. Since joining PL in 2011, he has managed to profitably grow the retail broking and distribution business multifold and scaled PL's network pan India.
Parag Paigankar
Whole Time Director, Prabhudas Lilladher Financial Services Private Limited
Parag Paigankar brings with him over 34 years of extensive expertise in diverse financial domains, spanning corporate finance, loans against securities, credit risk appraisal and monitoring, corporate financial debt restructuring, and corporate advisory services. He joined PL in 2007 and since 2009 has been leading PL Financial Services Pvt. Ltd, the NBFC arm of the PL Group.
Rupesh Agrawal
Group CFO
Rupesh Agrawal is the Chief Financial Officer of the PL Group. He is a Chartered Accountant by qualification and is a seasoned finance professional with 20+ years of experience. Since 2010, he has been at the helm of the Finance, Taxation and Company Secretarial functions for the entire PL Group.
Shaili Vora
Director
A Chartered Accountant by qualification, Shaili joined PL in August 2021, and has since been entrusted with the strategic responsibility of transforming brand perception and positioning. She has ramped up PL's digital and media presence and has spearheaded the Group's rebranding project. Prior to joining PL, Shaili was an Investment Banker.
Uday Patil
Executive Director, Equity Capital Markets
Uday Patil is a veteran investment banker with 41+ years of experience in commercial banking, investment banking, and capital markets. He serves on the board of PL's investment banking arm. His proficiency in structuring and knowledge of statutory regulations have led to over 200+ successful IPOs, rights offers, buybacks and numerous M&A deals.
Inderbir Jolly
CEO - Wealth Management
Inderbir Jolly brings over 22 years of rich experience in Private Banking, Family Office, Partnership Distribution and Product Management across India and strategic international markets. His career includes leadership roles at ICICI Securities, Reliance Wealth Management, Aditya Birla Capital, HSBC India, and more.
Amisha Vora
BoardChairperson & MD, PL Capital Group (Board Member, PL Asset Management)
I envision PL delivering holistic financial solutions that empower investors and corporates to seize opportunities and participate in India's journey towards becoming a global economic powerhouse. Amisha Vora owns and runs PL Group. She is one of the leading women entrepreneurs in India's financial services sector. She is a Chartered Accountant by qualification and an equity market expert by profession, with experience spanning over 35 years. Her association with PL began in 2000 as the VP - FII Sales. Since then, she has risen the ranks to become the Chairperson and Managing Director, and now holds 96% stake in the PL Group.
Registration No
INP000009001
Fund Manager
Mr.NUPUR ASHOK PATEL
Principal Officer
Mr.NUPUR ASHOK PATEL
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Zarin Daruwala
BoardCEO - PL Capital Group
Zarin Daruwala is a seasoned banking leader with over 35 years of experience across corporate and retail banking, governance, and strategic leadership. She previously served as CEO - India and South Asia at Standard Chartered. She has also served on the boards of ICICI Lombard and ICICI Securities and currently serves as a board member at PhonePe. An All-India Rank Holder in both the ICAI and ICSI examinations, she has been recognized among India's Most Powerful Women in Business by Fortune India and Business Today.
Dhiren Sheth
BoardVice Chairman & Non-Executive Director
Dhiren Sheth has been associated with the PL Group for over 4 decades. He now serves in a non-executive capacity on the boards of the PL Group. He brings a unique blend of business and technological expertise. Dhiren was the founding member of the Technology committee of the BSE. He has also played a pivotal role in the design and implementation of BOLT trading and CDSL depository system. He holds a BE (Hons) Electronics degree from BITS Pilani.
Rajeev Dalal
BoardNon-Executive Director
Rajeev Dalal is the Chairman of the board of the investment banking arm of PL and also serves as a non-executive director on the boards of PL's NBFC and corporate advisory arms. He has extensive work experience spanning 35+ years, and is a formidable name in the investment banking and corporate finance domain. He joined Ernst & Young in 2002 as a Transactions Partner and went on to hold a leadership position in EY in the two decades that he spent there.
Vimal Jain
BoardNon-Executive Director, Prabhudas Lilladher Financial Services Private Limited
Vimal Jain serves on the board of the NBFC arm of PL in a non-executive capacity. He has over 40 years of experience in the areas of auditing, financial consulting, debt fund raising, company law and income tax matters. He has been the statutory auditor for reputed public sector units and public sector banks.
Nilesh Vikamsey
AdvisorInvestment Committee Member, PL Capital Performing Credit Fund (AIF)
Nilesh Vikamsey is President of the West India Council of the Indo-American Chamber of Commerce and an Independent Director at PNB Housing Finance Limited, Nippon Life India Trustee Limited (Chairman), Federal Bank, SBI Cards, and Allcargo Logistics Limited. He brings extensive experience in statutory audits, due diligence, and regulatory work with SEBI, RBI, NSE, and BSE. He serves on the Investment Committee of the PL Capital Performing Credit Fund (Category II AIF).
Rajnish Kumar
AdvisorInvestment Committee Member, PL Capital Performing Credit Fund (AIF)
Rajnish Kumar is the former Chairman of State Bank of India (SBI), one of India's largest banks. He brings deep banking, credit markets, and regulatory expertise to the Investment Committee of the PL Capital Performing Credit Fund (Category II AIF). He is currently an independent director and advisor to several financial and corporate institutions.
Abizer Diwanji
AdvisorInvestment Committee Member, PL Capital Performing Credit Fund (AIF)
Abizer Diwanji is a prominent financial services expert and former partner at Ernst & Young India (EY), where he led the Financial Services practice. He brings extensive experience in banking, credit, restructuring, and regulatory matters. He serves on the Investment Committee of the PL Capital Performing Credit Fund (Category II AIF).
Ashok Barat
AdvisorAdvisory Board Member
Mr. Ashok Barat is a Fellow of the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India. He is a Member of the Managing Committee at ASSOCHAM and serves on SEBI's ACLOD committee. He is a former President of Bombay Chamber of Commerce & Industry and The Council of EU Chambers of Commerce in India.
Rajesh Narain Gupta
AdvisorAdvisory Board Member
Mr. Rajesh Narain Gupta is the Founder and Chairman of SNG & Partners, specializing in financial services, commercial law, real estate, and private wealth. He has been enrolled as an Advocate with the Bar Council of India since 1988, bringing over 35 years of legal experience to corporate and transactional matters.
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