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India Opportunities Portfolio

Bay Capital Investment Advisors Pvt Ltd
PMS Multi Cap & Flexi Cap
Benchmark
Nifty 50 TRI
Inception Date
19 January 2023
Min. Investment
₹50,00,000
SIP Available
No
STP Available
No

Investment Strategy

Investment Approach

We aim to invest through bottom up stock picking in emerging & existing themes to take advantage of the overall economic growth cycle. The investment style of the portfolio would be a suitable blend of top down macro themes and bottom up investment idea at the macro levels.

Investment Objective

The main objective of the investment under this portfolio is to generate capital appreciation over the medium / long term by investing in select equity shares and equity related instruments in concentrated manner. The portfolio will typically have less than 30 stocks, however in case of portfolio transition the number of stocks could be more.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -2.02% -0.28% -1.74%
3 MONTHS -1.25% 6.33% -7.58%
6 MONTHS -1.53% 2.92% -4.45%
1 YEAR 0.68% 11.88% -11.20%
2 YEAR 7.72% 10.97% -3.25%
SINCE INCEPTION 15.97% 14.44% 1.53%

Calendar Year Performance

Year Return
CY 2025 0.68%
CY 2024 15.26%

Financial Year Performance

Year Return
FY 26_YTD 10.13%
FY 24_YTD 38.67%
FY 25 6.36%
FY 23 -4.38%

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

Fund Managers

Nikunj Doshi

Principal Officer & CIO

Nikunj Doshi is Managing  Partner and a Founding Member of Bay Capital. He has over 34 years of professional experience in Fund Management and Equity Research with an in-depth understanding  of  Indian  economy  & businesses. Prior to Bay Capital, Nikunj was at Kotak Mahindra AMC for over 5 years where he was Fund Manager for various funds managing AUM of over USD 500Mn. Prior to Kotak, he was Head of Research at Refco-Sify Securities & Ventura Securities.Nikunj is an Electronics Engineer from MS University of Baroda and has completed post-graduation in Master of Management Studies (MMS) from the University of Mumbai.Nikunj is based in Mumbai, India

Portfolio Details

Portfolio Composition

Large Cap
14.59%
Mid Cap
18.01%
Small Cap
65.43%
Cash & Equivalent
1.98%

Top 5 Holdings

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

Top 5 Sectors

  • Financials Services 30.02%
  • Consumer Services 12.97%
  • Services 9.63%
  • Consumer Durables 9.40%
  • Fast Moving Consumer Goods 7.82%

Portfolio Characteristics

total number of stocks
N/A
top 5 stocks percent
N/A
top 5 sectors percent
69.84%
average market cap
60274
portfolio age
2 Yrs, 11 Months
sip
Not Available
stp
Not Available

Fee Structure

Fixed Fee

AMC: 2%

Variable Fee

AMC: 1.25%

Hurdle: 10%

Profit Sharing: 20%

Exit Load

Year 1: 2%

Year 2: 1%

Year 3: 0.5%

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)

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