Vallum India Discovery

Vallum Capital Advisor Pvt Ltd
PMS Small & Mid Cap
Benchmark
S&P BSE 500 TRI
Inception Date
24 September 2020
Min. Investment
₹50,00,000
AUM (Cr.)
₹1325.10
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

The Vallum India Discovery Strategy (VIDS), managed by Vallum Capital, is an investment strategy employing a Growth At Reasonable Price (GARP) methodology. This strategy is designed to enable investors to leverage opportunities within the Indian equity market, with a particular focus on the mid and small-cap segments.

Investment Objective

The portfolio is designed to achieve wealth creation through sustained risk-adjusted returns over an extended investment horizon. Our strategy focuses on identifying investment prospects that exhibit robust leadership or possess distinct competitive advantages, all while being available at attractive valuations. We employ a Growth At a Reasonable Price (GARP) investment philosophy.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -2.10% -0.24% -1.86%
3 MONTHS -1.09% 5.02% -6.11%
6 MONTHS -8.31% 1.63% -9.94%
1 YEAR -9.80% 7.63% -17.43%
2 YEAR 1.52% 11.64% -10.12%
3 YEAR 15.22% 16.40% -1.18%
5 YEAR 17.34% 16.82% 0.52%
SINCE INCEPTION 19.99% 20.99% -1.00%

Calendar Year Performance

Year Return
CY 2025 -9.80%
CY 2024 14.27%
CY 2023 48.31%

Financial Year Performance

Year Return
FY 26_YTD 9.49%
FY 25 -3.32%
FY 24 45.70%

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

Fund Managers

Manish Bhandari

Fund Manager

Manish Bhandari is the Chief Executive Officer and Portfolio Manager at Vallum Capital Advisors, a Mumbai-based entity registered with the Securities and Exchange Board of India (SEBI) as a Portfolio Manager. He established the firm in 2010, leveraging over twenty-five years of extensive experience within the Indian capital markets. Vallum Capital Advisors is dedicated to providing investment management services to institutional clients, family offices, and high-net-worth individuals. Mr. Bhandari also holds the position of Director and Principal Officer for Vallum Capital Advisors Private Limited. He has recently been appointed as a Director on the Board of the Association of Portfolio Managers in India (APMI), a recognized trade association for SEBI-registered Portfolio Managers. Before founding Vallum Capital, Mr. Bhandari served as Vice President and Portfolio Manager (Equities) at ING Management in India for six years. His expertise has been recognized through various accolades, including featured editorials in The Economic Times and contributions to Nikkei Business, Japan, under the column "Charm of India." He is widely regarded within the Indian financial community as a distinguished market professional, often referred to as one of the "Wizards of Dalal Street," and has been identified by CNBC as a leading next-generation investment manager in India. Mr. Bhandari is frequently sought after to share his insights on economic and investment matters, having appeared on prominent media outlets such as CNBC and ET NOW. His published works and investor communications demonstrate a profound understanding of capital markets and investor psychology. He regularly contributes to diverse financial publications, both domestically and internationally, solidifying his position as a respected industry commentator.

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
No Option
top 5 stocks percent
N/A
top 5 sectors percent
N/A
average market cap
27899.10
portfolio age
5 Yrs, 3 Months
sip
Not Available
stp
Not Available

Fee Structure

Variable Fee

AMC: 1.25%

Hurdle: 10%

Profit Sharing: 15%

Exit Load

Year 1: 0%

Year 2: 0%

Year 3: 0%

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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)