Investor complaints for the month ending September 2026
Sr. No.	Received from	Pending at the end of last month	Received	Resolved	Total Pending	Pending complaints > 3 months	Average Resolution time (in days)
1	Directly from Investors	0	0	0	0	0	0
2	SEBI (SCORES)	0	0	0	0	0	0
3	Other Sources (if any)	0	0	0	0	0	0
	Grand Total	0	0	0	0	0	0

Independent advice.
High-conviction portfolios.
Built for long-term wealth.

Institutional-grade equity investing, brought directly to high-net-worth individuals — with full transparency and zero conflicts of interest.

Request a Private Portfolio Review Understand our philosophy

Limited to a select number of new clients each quarter

Typically suited for portfolios of ₹50 lakh and above

SEBI Registered Investment Adviser · INA000021340

Pararthya noun · Sanskrit

“Altruism; to live for the benefit of others.”

We chose this name as a daily promise to our clients.

Pararthya is the Sanskrit word for altruism. We named our firm after this principle because genuine advisory begins with a simple idea: your financial goals come first, always.

Our founders built Pararthya after years inside India’s capital markets, driven by the conviction that truly independent, research-driven advice creates lasting wealth.

We treat your capital with the same care as our own.

Grounded

Deep research roots. Conviction built on fundamentals, not market noise.

Patient

Portfolios designed for compounding over years, not reacting to short-term volatility.

Balanced

A mix of stability and growth — protecting downside while capturing opportunity.

Enduring

Built to last across cycles, not just perform in favourable market conditions.

Why Pararthya

Advice you can trust completely.

We earn a single fee — a percentage of assets under advisory. Nothing else. That alignment is the foundation of everything we do.

Truly independent

No AMC tie-ups. No broker affiliations. No products to push. Your portfolio is shaped only by your goals and our research.

Fully transparent

You always know what you own, why you own it, and our current view. No opaque structures. No unexplained decisions.

Fee-only advisory

Our compensation is a percentage of assets under advisory. We grow only when your portfolio grows.

Always

Your holdings remains in your own demat account. We provide the advice.

Our experience

Our Experience

Built on years of studying Indian businesses and capital markets.

Institutional market experience

Experience across buy-side and sell-side institutions, with exposure to both portfolio management and equity research.

Deep company coverage

Continuous tracking of hundreds of listed Indian companies across sectors, cycles, and market environments.

Capital allocation focus

Strong focus on how businesses allocate capital and generate long-term cash flows, not just reported growth.

Aligned with investors

Years of personal investing experience alongside advisory work, with the same philosophy applied consistently.

Who we work with

We work with individuals who take wealth seriously.

Independent thinking applied to your equity portfolio — for those who think in decades, not quarters.

Entrepreneurs & business owners

Significant liquidity from operations or exits
Diversifying beyond the core business
Need a trusted, independent equity perspective

Senior professionals & CXOs

High earners building long-term equity wealth
Limited time to research and manage a portfolio
Value evidence-based, rigorous investment thinking

Families building multi-generational wealth

7–10 year horizon or longer
Steady compounding over speculative returns
Disciplined stewardship of family capital

Situations we often see

Many of our clients come to us at important inflection points.

For many of our clients, investing is only one part of the picture.

Capital is often built over years — through businesses, professional income, or liquidity events.

Our role is to bring structure, clarity, and discipline to the equity portfolio within that broader financial context.

Concentrated exposure to a single stock or business
Sudden liquidity from a business exit or asset sale
Portfolios spread across multiple products without clear strategy
Limited time to actively manage investments
Desire to transition from trading to long-term investing

Client journey

From first conversation to active advisory.

A structured onboarding process built on clarity, alignment, and informed consent.

01
Intro conversation
An open discussion about your goals, situation, and what you want from an adviser.
02
Portfolio review
We review your existing holdings and share an independent assessment — at no obligation.
03
Advisory proposal
A clear proposal — our approach, fee structure, and what an ongoing relationship looks like.
04
Formal onboarding
Risk profiling, agreement signing, and KYC as required under SEBI regulations

Ready to take a more thoughtful approach to your investments?

Speak with us. No obligation. No sales pitch

Request a Private Portfolio Review Limited to a select number of new clients each quarter.

Typically suited for portfolios of ₹50 lakh and above. Investment in securities market are subject to market risks.

How we invest

Our investment framework

Every stock we consider must pass three filters — in order. And we are equally deliberate about what we stay away from.

Good investing is often less about finding the next opportunity and more about avoiding the wrong ones.

What we look for — 01

Is the price reasonable?

We only buy a stock when its price is justified by the actual cash flows the business generates. No matter how exciting the story, if it’s overpriced, we pass.

What we look for — 02

Is the business strong?

We study how efficiently the company runs, how well it competes, and whether it will be stronger 10 years from now than it is today.

What we look for — 03

Is the management trustworthy?

In India, the people running a business matter enormously. We assess promoters and management teams for track record, integrity, and how they treat minority shareholders.

Our focus is not just returns — but building portfolios that can endure over long periods of time.

What we deliberately avoid

Companies with poor governance

If a business does not treat its shareholders fairly, we don’t invest — regardless of growth potential.

Investing based on stories or themes

Hype around sectors is not a reason to buy. Only valuation and business quality determine a position.

Frequent buying and selling

Churning a portfolio erodes wealth through costs and taxes. We buy when conviction is high and hold with patience.

Spreading too thin

Owning 50 stocks is not safety — it is diluted conviction. A focused portfolio of 18–25 well-understood businesses is more powerful.

Our process

From 2,000 companies to 20 convictions.

Rigorous filtering, not gut feel.

Universe

2,000+ companies

Top listed by market cap.

Filter

~500 stocks

Sector & governance

Deep
Research

Shortlist

Valuation & quality

PortfolioAlpha 3.0

18–25 holdings

High-conviction portfolio

Portfolio structure

Three buckets. One purpose: compounding wealth.

The Alpha 3.0 portfolio is structured across three categories, each serving a distinct role in the overall return profile.

40-60% weight

Core Compounders

High-growth businesses with sector tailwinds and superior efficiency. The primary return drivers — expected to significantly compound intrinsic value over 5–10 years.

25-35% weight

Stability Anchors

Proven models with stable cash flows and sector leadership. Provide resilience through cycles — the portfolio’s ballast.

15-25% weight

Opportunistic Allocations

Time-bound positions with a specific catalyst and clear exit thesis — managed carefully without compromising long-term character.

Our team

Advisers with skin in the game

Professionals who spent their careers at the sharpest end of Indian equity markets — and saw, first-hand, how rarely genuinely independent advice was delivered.

We invest our own capital using the same philosophy we apply for clients.

Nikunj Gala

Co-founder & Principal Officer

Sundaram MF
ASK Investment Managers
IIFL
ICICI Securities
Principal MF

Fund manager. Analyst. Adviser. Co-managed a ₹1,500+ crore fund at Sundaram MF. Researched equities at ASK and Principal. Covered the sell-side at IIFL and ICICI Securities.

He built Pararthya because clients deserved unbiased, transparent and long-term goal oriented equity advisory. MBA, NMIMS Mumbai. B.E, VESIT.

Ronak Gala

Co-founder & Compliance Officer

LeapUp co-founder
Investor since 2014
NMIMS Faculty
NM College
Jai Hind College

Entrepreneur. Investor. Educator. A decade of building businesses, analysing companies, and teaching finance — often simultaneously.

Investing in Indian equities since 2014. Co-founded and scaled a profitable services business. Teaches finance at multiple colleges and universities. MBA, NMIMS Mumbai.

Logo Inspiration - “Like a tree — grounded, patient, balanced. Built for longevity, not speed.”

Request a Private Portfolio Review

Tell us a little about your situation. We’ll review it and get back to you within two working days.

This helps us understand your situation and prepare meaningfully for our conversation.

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Full Name

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Approximate investable amount

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Investment horizon

Primary investment challenge

Limited to a select number of new clients each quarter.

By submitting, you acknowledge this is an initial enquiry. Formal advisory engagement follows risk profiling and onboarding as per SEBI regulations.

Common questions

Answers to what we hear most often.

Unlike pooled products, your investments remain in your own account. We provide advice, you retain control, and every decision is transparent.

Typically 18–25 holdings. Concentration allows meaningful impact from each position, while still maintaining diversification across sectors and risks.

Market corrections are expected. Our focus remains on business fundamentals and long-term value rather than reacting to short-term price movements.

Only when necessary. We prefer low turnover and act when there is a meaningful change in valuation, fundamentals, or opportunity.

Independent advice.High-conviction portfolios.Built for long-term wealth.