Ambit Investment Advisors Pvt Ltd – Portfolio Management Services (PMS)

Fund Manager

Bhargav Buddhadev serves as the Fund Manager for the Ambit Micro Marvels Portfolio and is a co-manager of the Ambit Emerging Giants Small Cap Portfolio at Ambit Asset Management. He possesses more than two decades of expertise in investment management and equity analysis, with a particular focus on mid- and small-capitalization equities. Before his tenure at Ambit Asset Management, Mr. Buddhadev was associated with Kotak Mutual Fund. During his time there, he actively participated in the investment decision-making frameworks for their mid- and small-cap funds. Previously, at Ambit Institutional Equities, he led the research initiatives for mid-cap equities. He also developed the notable "Beachcombing Series," a small-cap research offering that aimed to identify overlooked companies through in-depth, on-site due diligence involving competitors, suppliers, and distributors. Mr. Buddhadev has received accolades in the Asiamoney Polls (2017), achieving rankings of 4th for Consumer Discretionary and Small Caps, 7th for Utilities, and 10th for Conglomerates. He is a Chartered Accountant and holds a Master of Business Administration (MBA) in Finance.

Fund Manager

Siddharth Bothra serves as the Fund Manager for the Ambit Coffee Can Portfolio at Ambit Asset Management. He brings more than 25 years of extensive experience in investment management and equity analysis. Prior to his tenure at Ambit, Mr. Bothra dedicated 18 years to Motilal Oswal Financial Services (MOFSL), where he made substantial contributions to both institutional equities and asset management operations. At Motilal Oswal Asset Management Company (MOAMC), he was integral to the initial establishment of the firm's active mutual fund business in 2013. During his time there, he was instrumental in the significant growth of Assets Under Management (AUM), progressing from its inception to INR 220 billion. He directly managed the Focused Large Cap 25 Fund and the Aggressive Hybrid Fund, supervising approximately INR 150 billion across a portfolio of four funds during their peak. Notably, under his guidance, the Focused 25 Fund achieved a top-10 ranking within its category for nine out of eleven years. During Mr. Bothra's association with MOAMC, the company received the "Best Equity House" award from Thomson Reuters Lipper Fund Awards in 2018. Furthermore, Institutional Investor recognized MOAMC among Asia's Top 100 Asset Managers. An alumnus of the Indian School of Business (ISB), Hyderabad, Mr. Bothra also participated in an International MBA Exchange Program at the NYU Stern School of Business, New York. His investment approach is firmly grounded in the principle of long-term compounding, which aligns seamlessly with the Ambit Coffee Can Portfolio's strategy of investing in high-quality businesses for enduring wealth generation.

Fund Manager

Trilok Agarwal serves as the Fund Manager for the Ambit Good & Clean MidCap Portfolio and the Ambit TenX Portfolio. He also holds a co-managerial role for the Ambit Emerging Giants Small Cap Portfolio at Ambit Asset Management. Mr. Agarwal possesses over 18 years of dedicated experience in investment management and equity research. Prior to his tenure at Ambit, Mr. Agarwal held positions at Dymon Asia Capital and Aditya Birla Sun Life Limited (ABSLI). At ABSLI, he was an integral part of the investment team responsible for equities exceeding INR 15,000 crore. Upon his departure, he was managing assets valued at over INR 4,000 crore. During his five-year tenure, the portfolios under his management generated an average alpha of 280 basis points, consistently exceeding benchmark performance. Furthermore, he was instrumental in the successful launch and expansion of funds between 2016 and 2020, attracting Assets Under Management (AUM) of more than INR 1,000 crore. His sustained high performance was acknowledged by his nomination as a Young Leader for three consecutive years within the Aditya Birla Financial Services group. At Dymon Asia Capital, Mr. Agarwal managed alternative investment funds employing a long/short strategy with a focus on alpha generation. Earlier in his career, his responsibilities included tracking diverse sectors such as automotive, telecommunications, consumer discretionary, chemicals, and cement. This comprehensive cross-sectoral understanding significantly contributed to his progression to a fund management role.