India Growth

Lakewater Advisors Pvt Ltd
PMS Multi Cap & Flexi Cap
Benchmark
Nifty 50 TRI
Inception Date
20 June 2019
Min. Investment
₹50,00,000
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

Corporate Governance,Competitive Moat, Margin of Safety, Research & Development, Innovation, Asset light, Debt free and patience. The very foundation of our investment decisions is when we invest in a stock, we actually buy the business and not the stock.

Investment Objective

Understanding business is more important to us than technical analysis and market algorithms. We focus more on people's economic behavior, changing social norms, their preferences than studying complex economic charts. We Focus on Basics.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -1.21% -0.28% -0.93%
3 MONTHS 3.78% 6.33% -2.55%
6 MONTHS 1.37% 2.92% -1.55%
1 YEAR 3.34% 11.88% -8.54%
2 YEAR 3.77% 10.97% -7.20%
3 YEAR 10.30% 14.32% -4.02%
5 YEAR 7.67% 14.68% -7.01%
SINCE INCEPTION 10.11% 14.23% -4.12%

Calendar Year Performance

Year Return
CY 2025 3.34%
CY 2024 4.21%
CY 2023 24.62%
CY 2022 -20.94%
CY 2021 36.76%
CY 2020 27.40%
CY 2019 6.34%

Financial Year Performance

Year Return
FY 26_YTD 8.53%
FY 25 1.16%
FY 24 34.03%
FY 23 -20.88%
FY 22 22.05%
FY 21 88.51%
FY 20 -26.50%

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

Fund Managers

Pankaj Singhania

Co-founder & Fund Manager

Co-founder & Fund Manager Mr.Pankaj Singhania, a Chartered Accountant, Cost Accountant and a Former Civil Servant, always had a distinctive knack for analysing company fundamentals in tandem with management credentials and collating it with the legal framework. His vast experience in Corporate Assessment, International Taxation,, Investigation, System scrutiny etc made him see companies through a very close lens of statutory legislation and corporate governance norms. He has an intricate experience of policy making, and how policy changes impact corporates at a much deeper and latent level. His confluence of macro and micro vision, rich experience of more than 25 years and close encounters with corporate who's who, has crystallized in the form of seasoned investment insights & strategies which surpass the market dynamics to an entirely different level

Portfolio Details

Portfolio Composition

Large Cap
46.16%
Mid Cap
11.85%
Small Cap
29.28%
Cash & Equivalent
12.71%

Top 5 Holdings

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

Top 5 Sectors

  • Financial Services 27.89%
  • Healthcare 7.58%
  • Power 7.32%
  • Metals & Mining 6.75%
  • Diversified 6.21%

Portfolio Characteristics

total number of stocks
N/A
top 5 stocks percent
N/A
top 5 sectors percent
55.75%
average market cap
N/A
portfolio age
6 Yrs, 6 Months
sip
Not Available
stp
Not Available

Fee Structure

Fixed Fee

AMC: 2%

Variable Fee

AMC: No Option

Hurdle: 12.00% or 20.00%

Profit Sharing: 10% Profit sharing above 12% Hurdle or 20% Profit sharing above 20% Hurdle

Exit Load

Disclaimer

* Returns are as on31st December 2025 , * Returns over a 1 year period are annualized * Returns are calculated using the Time Weighted Rate of Return (TWRR) method and as provided by the respective AMCs. *ND (No Data) , * NA(Not Applicable) * Returns of the respective Benchmark Indices used are tabulated above. Benchmark(s) given are as per SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022 and the APMI circular no. APMI/2022-23/02 dated 23rd March,2023 and Revised Annexure-1

This profile is provided for general informational purposes only and is based on publicly available information. While reasonable care is taken, the content may not always reflect the latest 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.

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