Enigma Investment Partners was founded in July 2024 by a group of investment professionals driven by a deep passion for long-term investing in Indian equity markets and a firm belief in the India growth story. The founding partners previously held key leadership roles in their respective organizations, where they consistently demonstrated strong leadership abilities, scaled business verticals successfully, and built high-performing teams over time.
| AIF Investment Approach(s) | Returns | |||||
|---|---|---|---|---|---|---|
| Investment Approach | Category | 1 Yr Return | 2 Yr Return | 3 Yr Return | 5 Yr Return | Inception Date |
| Enigma Small Opportunities Fund | Small Cap | NA | NA | NA | NA | Dec 2024 |
* All performance above are as on 31st October 2025. * Above 1 year returns are in CAGR*
Fund Manager
Mr. Viraj Mehta brings over 16 years of experience in investment and research and currently serves as the CIO and Partner at Enigma Investment Partners LLP. He holds a PGDBM in Finance from MDI, Gurgaon, and a B.E. in Chemical Engineering from Nirma Institute of Technology (Gujarat University). Previously, he was the Managing Director at Equirus Portfolio Management Services, where he built the PMS business and team from the ground up, managing approximately ₹11 billion for clients. Under his leadership, the Equirus Long Horizon Fund became one of the best-performing PMS schemes, delivering around 25% CAGR during his tenure. Before Equirus, he worked with Franklin Templeton as the lead analyst for the Small Companies Fund, which received top accolades from CRISIL and Business Standard. He has also been associated with ValueQuest Capital LLP.
No. 154/1, Nr Shaishya Tennis Academy, Aryavart IV Road, Sarkhej-Gandhinagar Highway, Opp. YMCA Club, Makarba, Ahmedabad, Gujarat 380058 SEBI Reg No.: IN/AIF3/24-25/1573