VRDDHI

ithought Financial Consulting LLP
PMS Small Cap
Benchmark
S&P BSE 500 TRI
Inception Date
7 May 2021
Min. Investment
₹50,00,000
AUM (Cr.)
₹358.21
SIP Available
Yes
STP Available
Yes

Investment Strategy

Investment Approach

Our investment philosophy employs a rigorous, private equity-style due diligence process. Within this scheme, our primary objective is to mitigate the inherent risks associated with small and mid-cap equities by concentrating on key controllable factors, namely the selection of businesses, the quality of our partnerships, and the valuation at which we invest.

Investment Objective

For investment in developing enterprises within the mid, small, and micro-capitalization categories. Our portfolio companies exhibit characteristics of market leadership, maintain minimal or no debt obligations, demonstrate robust cash flow generation, and are guided by promoters and management teams with exceptional corporate governance practices.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -2.81% -0.24% -2.57%
3 MONTHS -7.24% 5.02% -12.26%
6 MONTHS -13.55% 1.63% -15.18%
1 YEAR -18.46% 7.63% -26.09%
2 YEAR 0.94% 11.64% -10.70%
3 YEAR 19.28% 16.40% 2.88%
SINCE INCEPTION 18.84% 15.99% 2.85%

Calendar Year Performance

Year Return
CY 2025 -18.46%
CY 2024 20.35%
CY 2023 73.03%
CY 2022 -6.67%
CY 2021 41.00%

Financial Year Performance

Year Return
FY 26_YTD 5.98%
FY 25 -1.50%
FY 24 58.26%
FY 22 28.10%

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

Fund Managers

Shyam Sekhar

Fund Manager, PMS

With over three decades of dedicated investment experience, Mr. Shyam Sekhar specializes in high-growth, franchise-based business models. His investment philosophy centers on a value-oriented strategy, prioritizing the identification of promising opportunities within emerging companies through rigorous, research-driven methodologies. His expertise encompasses a broad understanding of various industries gained as a research analyst, proficiency in constructing substantial investment portfolios, and a proven ability to navigate diverse market cycles.

Rohit_Balakrishnan

Co-Fund Manager

With over 13 years of engagement in the financial markets, Rohit possesses extensive experience. His prior roles include positions at McKinsey & Co., Elevation Capital (formerly SAIF Partners), a fund with a sector and stage-agnostic investment strategy, and RARE Enterprises, the family office of Mr. Rakesh Jhunjhunwala. Before his current tenure at ithought, Mr. Balakrishnan established and led VRDDHI Capital Investment Advisors, a SEBI Registered Investment Advisory firm (SEBI Registration # INA10008832). Mr. Balakrishnan holds a B.B.S. degree from Delhi University.

Rajat_Setiya

Co-Fund Manager

With over 13 years of dedicated experience in financial markets, Rajat brings a wealth of expertise to our platform. His prior professional roles include significant tenures at Elevation Capital (formerly SAIF Partners), a diversified fund operating across various sectors and investment stages, RARE Enterprises, the family office of Mr. Rakesh Jhunjhunwala, and Moody's Analytics. Before establishing ithought, Mr. Setiya founded VRDDHI Capital Investment Advisors, a SEBI Registered Investment Advisory firm holding registration number INA10008832. He holds a Bachelor of Commerce (Honours) from Delhi University and has successfully completed Level 2 of the CFA program.

Portfolio Details

Portfolio Composition

Large Cap
0%
Mid Cap
0%
Small Cap
0%
Cash & Equivalent
0%

Top 5 Holdings

  • Undisclosed N/A
  • Undisclosed N/A
  • Undisclosed N/A
  • Undisclosed N/A
  • Undisclosed N/A

Top 5 Sectors

  • Undisclosed N/A
  • Undisclosed N/A
  • Undisclosed N/A
  • Undisclosed N/A
  • Undisclosed N/A

Portfolio Characteristics

total number of stocks
0
top 5 stocks percent
N/A
top 5 sectors percent
N/A
average market cap
N/A
portfolio age
4 Yrs, 7 Months
sip
Available
stp
Available

Fee Structure

Variable Fee

AMC: 1.5%

Hurdle: 8%

Profit Sharing: 15%

Exit Load

Year 1: 3%

Year 2: 2%

Year 3: 1%

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Disclaimer

Returns are as of 2025-12-31. Returns for periods up to one year are not annualized. Returns for periods exceeding one year are annualized. Returns are computed using the Time Weighted Rate of Return (TWRR) methodology and are provided by the respective Asset Management Companies (AMCs). 'ND' denotes 'No Data', and 'NA' denotes 'Not Applicable'. The performance of the respective Benchmark Indices is presented above. Benchmark(s) are as defined in SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022, APMI circular no. APMI/2022-23/02 dated March 23, 2023, and Revised Annexure-1.

This page is provided solely for general informational purposes in relation to the strategy and is based on publicly available information. While reasonable care has been taken to ensure accuracy, the information may not reflect the most recent updates.

Nothing on this page constitutes investment, financial, or legal advice. Investment decisions should be made after consulting a qualified advisor and reviewing official scheme documents.

Last Updated: January 2026 · Published by Affluense AI (affluense.ai)