Request a Private Portfolio Review
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
“Altruism; to live for the benefit of others.”
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.
Our focus is not just returns — but building portfolios that can endure over long periods of time.
Independent by design. Research by conviction. →
Deep research roots. Conviction built on fundamentals, not market noise.
Portfolios designed for compounding over years, not reacting to short-term volatility.
A mix of stability and growth — protecting downside while capturing opportunity.
Built to last across cycles, not just perform in favourable market conditions.
We earn a single fee — a percentage of assets under advisory. Nothing else. That alignment is the foundation of everything we do.
No AMC tie-ups. No broker affiliations. No products to push. Every recommendation is shaped only by research and your goals.
You always know what you own, why you own it, and our current view. No opaque structures. No unexplained decisions.
Our compensation is a percentage of assets under advisory. We grow only when your portfolio grows.
Your money remains in your own demat account. We provide research. You retain full custody and approve every action
Built on years of studying Indian businesses and capital markets.
Experience across buy-side and sell-side institutions, with exposure to both portfolio management and equity research.
Continuous tracking of hundreds of listed Indian companies across sectors, cycles, and market environments.
Strong focus on how businesses allocate capital and generate long-term cash flows, not just reported growth.
Years of personal investing experience alongside advisory work, with the same philosophy applied consistently.
Independent thinking applied to your equity portfolio — for those who think in decades, not quarters.
• Significant liquidity from operations or exits
• Diversifying beyond the core business
• Need a trusted, independent equity perspective
• High earners building long-term equity wealth
• Limited time to research and manage a portfolio
• Value evidence-based, rigorous investment thinking
• 7–10 year horizon or longer
• Steady compounding over speculative returns
• Disciplined stewardship of family capital
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.
CLIENT JOURNEY
A structured onboarding process built on clarity, alignment, and informed consent.
01
An open discussion about your goals, situation, and what you want from an adviser.
02
We review your existing holdings and share an independent assessment — at no obligation.
03
A clear proposal — our approach, fee structure, and what an ongoing relationship looks like.
04
Risk profiling, agreement signing, and KYC as required under SEBI regulations
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
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
If a business does not treat its shareholders fairly, we don’t invest — regardless of growth potential.
Hype around sectors like EVs or AI is not a reason to buy. Only valuation and business quality determine a position.
Churning a portfolio erodes wealth through costs and taxes. We buy when conviction is high and hold with patience.
Owning 50 stocks is not safety — it is diluted conviction. A focused portfolio of 15–20 well-understood businesses is more powerful.
Rigorous filtering, not gut feel.
Top listed by mkt cap
Sector & governance
Valuation & quality
High-conviction final
The Alpha 3.0 portfolio is structured across three categories, each serving a distinct role in the overall return profile.
High-growth businesses with sector tailwinds and superior efficiency. The primary return drivers — expected to significantly compound intrinsic value over 5–10 years.
Proven models with stable cash flows and sector leadership. Provide resilience through cycles — the portfolio’s ballast.
Time-bound positions with a specific catalyst and clear exit thesis — managed carefully without compromising long-term character.
No noise, no predictions — only considered views on markets, businesses, and the discipline of long-term investing.
The moments when valuation appears least important are often when it matters the most. Long-term returns are anchored in the price you pay.
Coming Soon
Owning too many stocks often reduces clarity and conviction. A focused portfolio can be more effective for long-term compounding.
Coming Soon
In India, management quality is critical. We assess track record, capital allocation, and treatment of minority shareholders.
Coming Soon
Professionals who spent their careers at the sharpest end of Indian equity markets — and saw, first-hand, how rarely genuinely independent advice was delivered.
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 institutional-grade research — not just institutional clients. MBA, NMIMS Mumbai. B.E, VESIT.
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 as visiting faculty at three Mumbai colleges. MBA, NMIMS Mumbai.
Each approach serves a different need. The differences lie in structure, control, and alignment.
How a fee-only RIA differs from other common investment vehicles.
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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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.
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 15–20 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.
Entity name
Pararthya Capital Management LLP
Registration type
Non-Individual – Perpetual validity
CIN
ACN-8809
Principal Officer
Nikunj Gala
+91 9082765273 · nikunj@pararthya.in
SEBI Registration No.
INA000021340
BSE Enlistment No.
2365
Registered office
1301, Varun CHS, Pantnagar, Ghatkopar East, Mumbai – 400075
Compliance Officer
Ronak Gala
+91 9082765273 · team@pararthya.in
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Most Important Terms & Conditions
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Mandatoy SEBI disclosure – CERSAI
“Altruism in advice.
Conviction in investing.”
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