FUND SUMMARYInvestment Manager PESB Asset Management LLP | |
Structure Open-ended · Cat III AIF | |
Benchmark Nifty 500 TRI | Custodian Yes Bank Ltd. |
RTA CAMS | Trustee MITCON Credentia |
What is an AIF and why does it matter for serious wealth?
Access to Unlisted & Pre-IPO
Invest in companies before they list permanently closed to mutual funds and retail investors.
High-Conviction Concentration
15–25 deliberate positions. Concentration is where alpha lives, not diversification.
Tactical Leverage & Cash
Leverage at cycle bottoms, tactical cash at peaks tools no other SEBI-pooled vehicle can use.
Named Relationship Manager
A dedicated RM who knows your goals and connects you directly to the fund manager.
Performance Fee Alignment
Earns more only when you earn more above a 10% hurdle with High Watermark protection.
Research-Led, Not Benchmark-Chained
Our RISE Framework inverts the traditional buy-first mindset. Every idea undergoes rejection screening before a single
rupee is committed.
Exclusive Pre-IPO & Unlisted Access
20% of the portfolio targets high-conviction unlisted and soon-to-list companies permanently closed to retail investors.
Your Named Relationship Manager
Not a call centre. A named RM with direct access to the fund manager and quarterly portfolio reviews.
Built for those who don't settle for market average returns
Skin in the Game
Sponsor contributes INR 10 Crores or 5% whichever is lower. Fund managers invest alongside you. Interests
aligned structurally.
Institutional-Grade Governance
Trustee: MITCON Credentia. Custodian: Yes Bank. Legal: Richie Sancheti & Associates. Every pillar independently held.
All-Weather Portfolio Design
40% large cap, 30% small & mid, 20% unlisted, 10% tactical cash. Compounds in bull markets. Protects in corrections.
Positioned to Seize Growth, Wherever It Emerges
A structured multi-cap approach combining stability from large-cap compounders, growth from small & mid-caps, and asymmetric upside from carefully selected unlisted opportunities.
- 40%LARGE CAPQuality compounders with secular growth drivers
- 30%SMALL & MID CAPActive innovators with high growth potential
- 20%UNLISTED / PRE-IPOHigh-conviction opportunities before listing
- 10%TACTICAL CASHDeploy during corrections & dislocations
Rigorous
Intelligent
Systematic
Exhaustive
Long-term wealth is built by avoiding mistakes, not chasing returns. RISE inverts the buy-first mindset through four deliberate stages.
Rigorous Screening
Industry dynamics, governance red flags, competitive intensity every candidate screened before consideration.
Intelligent Industry Allocation
Allocate to structural tailwinds domestic consumption, infra, financialisation, China+1.
Systematic Stock Selection
Proprietary multi-factor scoring growth durability, fundamentals, valuation, contrarian overlay.
Exhaustive Portfolio Management
Low churn, high conviction. Trim at peaks, accumulate during corrections. Tax-efficient rebalancing.
Clear, aligned, and performance-driven
All classes share the same hurdle rate; fees vary by commitment and performance.
Minimum Commitment
| Management Fee | 2% p.a. |
| Hurdle Rate | 10% p.a. |
| Performance Fee | 20% above hurdle |
Exit: 2% Yr1 · 1.5% Yr2 · 1% Yr3 · Nil after
Minimum Commitment
| Management Fee | 2.5% p.a. |
| Hurdle Rate | 10% p.a. |
| Performance Fee | 15% above hurdle |
Exit: 2% Yr1 · 1.5% Yr2 · 1% Yr3 · Nil after
Minimum Commitment
| Management Fee | 2% p.a. |
| Hurdle Rate | 10% p.a. |
| Performance Fee | 10% above hurdle |
Exit: 2% Yr1 · 1.5% Yr2 · 1% Yr3 · Nil after
Experience you can trust. Expertise that creates alpha.
Vrajesh K. Shah
Fund Manager30+ years of investment journey & entrepreneurship. Oversees stock selection, portfolio construction, and risk management.
Vrajesh N. Shah
Co-Founder & Director30+ years of operations & entrepreneurship. Oversees fund governance, investor relations, and compliance architecture.
Arpit Shah
Equity Research LeadCA · CFA Level II · 6+ years of deep equity research. Manages the RISE screening model and fundamental scoring algorithm.
Malak Gada
Research AnalystB.Com with ACCA. Supports sector analysis, financial modelling, and investment thesis documentation.
Ideas that became wealth creators
Our research team identifies business turnarounds and sectoral tailwinds before the market prices them in.
Transformers & Rectifiers India Ltd.
India's 2nd largest transformer manufacturer by capacity
- 28%5yr Revenue CAGR
- 76%EBITDA CAGR
- 23%ROE FY25
Power infra upcycle thesis identified green hydrogen transformer first-mover advantage. Backward integration into CRGO steel unlocking margin expansion from Q1 FY26. D/E improved to 0.22x.
Privi Speciality Chemicals
Global aroma chemicals supplier to major FMCG & fragrance giants
- 40%Europe Revenue
- ~17xFY27E P/E
- 18%ROE FY25
Prigiv JV with Givaudan exclusive supply of 42 niche chemicals. R&D-led differentiation entering a high-growth, margin-expansion cycle. Attractively priced relative to earnings growth.
- STEP 01
Schedule an Introduction
A private 30-min call with a dedicated RM. No pressure, no obligation. We understand your goals first.
- STEP 02
Complete KYC & Documentation
Fully digital. PAN + Aadhaar + financial documents. Custodian-verified. Approximately 3 business days.
- STEP 03
Commit Capital & Start
Review and sign the PPM. Capital deployed per fund strategy. Quarterly reporting and RM reviews begin.
What our investors actually say
Unscripted experiences from HNIs who invested with PESB Alpha Fund.
I had no idea where to start. My PESB relationship manager explained everything clearly, matched funds to my retirement goal, and set it all up in one call. Two years on I feel completely in control.
PESB didn’t push any specific fund. They asked about my goals first, child’s education, 12 years away, and built the portfolio around that. The research team’s shortlist made the decision easy.
Switching to PESB gave me something I didn’t expect: a quarterly review call where someone actually explains what changed and why. The SEBI-registered research makes a real difference.
I was sceptical about committing ₹1 Crore. The SEBI credentials, custodian structure, and depth of the PPM changed my mind completely. 18 months in, no regrets whatsoever.
Institutional-grade oversight. No shortcuts.
SEBI Registered
Category III AIF
IN/AIF3/24-25/1769
Custodian
Yes Bank Ltd.
Fund Accounting
Trustee
MITCON Credentia
Independent oversight
RTA
CAMS
Industry standard
Legal Advisors
Richie Sancheti
& Associates
Tax Advisors
One Stop Consultants
& Services LLP
BSE SME Listed
Pune E Stock Broking
Publicly listed entity
SEBI SCORES
File Grievances
Investor protection
Frequently Asked Questions
Category III AIFs invest using diverse market strategies and aim to generate long-term returns. Unlike mutual funds, they offer greater flexibility in investment approaches and are intended for sophisticated investors.
The minimum investment amount is subject to applicable regulatory guidelines and the fund's offering documents. Please contact our investment team for the latest investment threshold and eligibility requirements.
The taxation of Category III AIFs depends on the applicable tax laws and the nature of income generated by the fund. Investors are advised to consult their tax advisors for guidance specific to their financial situation.
Exit terms, lock-in period, and any applicable exit load are governed by the fund's Scheme Information Document (SID) and offering documents. Investors should review these terms before investing.
Yes, the fund is managed under the applicable SEBI regulations for Alternative Investment Funds. Investors can refer to the official registration details provided in the fund documentation.
The fund follows a research-driven investment approach and may invest across multiple sectors based on market opportunities, valuation, growth potential, and portfolio strategy.
Direct plans are generally meant for investors investing directly with the fund, while regular plans may involve distribution through intermediaries. Features, fees, and investment processes may differ depending on the plan selected.
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