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Piper Serica Advisors Pvt Ltd – Portfolio Management Services (PMS)

Piper Serica is a long-only active equity asset manager that employs various equity investment strategies in India. We manage multiple funds that invest in Indian listed companies for domestic and foreign individuals and institutions. We also manage a fund that invests in Indian startups that are building business models based on deep tech. We have been investing in Indian companies for over 30 years and have a very solid understanding of how to succeed while investing in India navigating through various risks, most of them unique to India as an emerging market. The funds that we manage cater to different risk-return profiles and objectives of our investors. We have an edge over our peers due to our deep research and disciplined approach to investing. Our research team is extensively trained in our proprietary research processes which we have developed and largely automated. To ensure skin in the game, our fund management team makes all their public and private investments through the funds managed by Piper Serica. We are a fund management company owned by our management team, with a majority stake held by women.

AUM (₹ Cr)

886.53

Clients

421

Strategies

1

As On

30 November 2025

Investment Strategies & Performance

Portfolio Management Services (PMS)

Piper Serica Advisors Pvt Ltd Portfolio Management Services (PMS) - Performance Returns
Strategy Category 1Y 3Y 5Y Inception
Leader Portfolio Strategy Multi Cap & Flexi Cap -3.60% 16.90% 12.40% Jun 2019

Past performance is not indicative of future results. Returns are subject to market risks.

Portfolio Managers & Fund Management Team

Mr Abhay Agarwal

Founder and Fund Manager

Abhay is the Founder and Fund Manager of Piper Serica Advisors, bringing over 30 years of investment experience. Piper Serica, a multi-asset manager, was founded in 2004 and is registered with SEBI. It serves as the PMS manager and advisor to the Piper Serica India Numero Uno Fund, a Foreign Portfolio Investor (FPI) based in Mauritius. Both entities focus on investing in stocks listed in India. In addition, Piper Serica manages the Piper Serica Angel Fund, a SEBI Category I Alternative Investment Fund (AIF), which invests in Indian tech startups. Its fintech portfolio includes prominent startups such as Alt Mobility, Kivi Fintech, Freed, Flashaid, OTPLess, Castler, Rupeeflo, and Swara Fincare. Before establishing Piper Serica, Abhay gained significant experience as a Director with the Private Equity group of JP Morgan in India, Hong Kong, and Singapore from 1997 to 2004. Prior to JP Morgan, he worked at Citibank India from 1993 to 1997, where he managed a direct investment program that resulted in several successful investments. Abhay holds an MBA from the Jamnalal Bajaj Institute of Management Studies, Mumbai (1993). He is also certified as an AIF Fund Manager, PMS Manager, Investment Advisor, and Research Analyst by NISM/SEBI. Abhay's extensive experience and deep expertise in investments make him a distinguished figure in the industry, driving the success and strategic direction of Piper Serica Advisors.

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Regulatory Information

Registered Office: Office No. 905 & 906, A Wing, Marathon Innova Nextgen, Ganpatrao Kadam Marg, Lower Parel, Mumbai – 400013

Disclaimer

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Last Updated: December 2025 · Published by Affluense AI (affluense.ai)