Avestha Fund Management, established on November 1, 2017, aims for long-term wealth creation by investing in high-quality businesses offering asymmetric risk-reward opportunities. Our investment philosophy is anchored in evaluating balance sheet strength, promoter integrity, capital efficiency, and business scalability. We follow a concentrated, high-conviction approach that is not benchmark-driven, focusing on sustainable long-term returns. With a low-cost structure and investors aligned to long-term equity wealth compounding, we maintain minimal portfolio churn and refrain from opportunistic trading, staying true to our core philosophy of disciplined, long-term investing.
PMS Investment Approach(s) | Returns | |||||
---|---|---|---|---|---|---|
Investment Approach | Category | 1 Yr Return | 2 Yr Return | 3 Yr Return | 5 Yr Return | Inception Date |
Long Term Growth | Multi Cap & Flexi Cap | -6.19% | 13.62% | 17.90% | 27.17% | Nov 2017 |
*Returns are as of 30th September 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 March 23, 2023, and Revised Annexure-1
Founder and Portfolio Manager
Mr. Pandole graduated with Honors in Economics from Harvard College in 1992 and earned his MBA in Finance from The Wharton School in 1995. A former multiple-time Junior National Squash Champion, he has also represented India at the national level. Mr. Pandole began his professional career at Alliance Capital Mutual Fund, where he served as Vice President and a core member of the investment team from 1995 to 2000, managing USD 250 million across FII and mutual fund assets, while also contributing research insights to Alliance-DLJ, a USD 100 million private equity fund. From 2000 to 2009, he led Indian Equity Distribution at Citigroup Global Markets, followed by his role as Director of Equity Sales at Bank of America–Merrill Lynch until 2013. Most recently, as an Equity Portfolio Manager at HDFC Life, he delivered significant outperformance against benchmark indices, underscoring his strong investment acumen and market expertise.
Ground Floor, Plot No. 25, Normandie Building, M L Dahanukar Marg, Carmichael Road, Cumballa Hill, Mumbai, Maharashtra, India-400026 SEBI Reg No : INP000005810