Ambit is a leading financial services firm offering customized solutions across Investment Banking (Corporate Finance and Equity Capital Markets), Institutional Equities & Research, Asset Management, Wealth Management, and SME Lending. Its wealth management division, Ambit Global Private Client, partners with individuals, family offices, non-profits, and institutions, leveraging decades of experience in managing and growing wealth. With a holistic and disciplined investment approach, Ambit focuses on transforming wealth into a lasting legacy for future generations, proudly serving over 2,500 high-net-worth families.
PMS Investment Approach(s) | Returns | |||||
---|---|---|---|---|---|---|
Investment Approach | Category | 1 Yr Return | 2 Yr Return | 3 Yr Return | 5 Yr Return | Inception Date |
Alpha Growth | Multi Cap & Flexi Cap | -14.82% | 18.98% | 29.24% | NA | Jan 2021 |
Caliber | Large Cap | -9.96% | 15.32% | 12.27% | NA | Apr 2021 |
Build India | Thematic | -16.89% | NA | NA | NA | Jan 2024 |
* Returns are as on 31st August 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
CFA
Ashutosh Garud is the Co-Fund Manager of Alpha Growth at Ambit Global Private Client, bringing over 20 years of rich experience in the equity markets. His career spans both the sell side and, for more than a decade, the buy side. Before joining Ambit, he served as Vice President and part of the Principal Investments team at Ocean Dial Asset Management (the FII arm of Avendus Capital) from 2019 to 2022. Previously, he was an Associate Fund Manager at Reliance Private Client (2014–2018) and a Senior Equity Research Analyst at Dalal & Broacha Stock Broking (2008–2013). Earlier in his career, he also held roles at Motilal Oswal and Prime Securities. Ashutosh is a CFA charterholder and holds an MBA in Finance.
Fund Manager
Umesh Gupta is the Head of Equities PMS at Ambit Global Private Client and serves as the Portfolio Manager for Alpha Growth. With over 22 years of experience, including 19 years in the Indian capital markets, he brings deep expertise in equity research, portfolio management, and investment strategy. Before joining Ambit, he was the Head of Equities at Avendus Capital (2018–2020) and earlier held key roles at Reliance Private Client, including Portfolio Manager (2013–2018) and AVP – Research & Assistant Portfolio Manager (2010–2013). His earlier experience includes working as an Equity Research Analyst at Dalal & Broacha Stock Broking and Sharekhan (2005–2010), as well as a Credit Officer and Business Analyst at Cholamandalam Finance and Consortium Finance (1999–2005). Umesh holds a B.Com degree and an MBA from IMT Ghaziabad.
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