We look for fundamentally strong businesses early in their growth journey, and test every idea through first-hand work with management and industry.
India’s growth story is creating a new generation of businesses. Size tells you where a business has been; direction tells you where it’s going.
Nexus Equity Growth Fund is a SEBI-registered Category III Alternative Investment Fund (AIF) built on forensic research, high conviction ownership and patient compounding.
We focus on the part of India's market where institutional research is thin and where strong businesses, with high returns on capital and real competitive advantages, can stay overlooked.
About NexusPrioritising margin of safety, cash generation and returns on capital over short-term price moves.
Position sizes reflect research conviction, liquidity and risk.
Holding businesses through multi-year expansion cycles rather than trading daily macroeconomic noise.
Our strategy is long only and sector agnostic. Micro, small and mid-cap companies make up most of the portfolio; a larger company may qualify when its business merits inclusion. Size alone is never the investment case.
We look for durable economics, capable management and a sensible price, then size positions with attention to risk and liquidity. A good story is not enough; the numbers and the people must both hold up.
India's structural shifts can create room for businesses to scale. Infrastructure, manufacturing, consumption, healthcare and new-age businesses are examples we study, not sector allocation commitments.
Opportunity matters only when the business, its stewards and its valuation stand up to scrutiny.
Is there meaningful room to expand?
Can we trust management with capital?
Can the economics endure a downturn?
Can the model grow without losing its strengths?
Is future potential already priced in?
A screen starts the work. Analysis and conversations test the business behind the numbers.
Businesses available for initial review.
Ideas kept under continuing observation.
Financials, governance, investment checklist and risk-reward assessment.
Management and expert discussions, analyst meetings and supply-chain checks where applicable.
Ideas that pass the work enter a portfolio sized by conviction and risk.
Research narrows the universe. Conviction builds the portfolio.
As at September 30, 2026
Date the fund began deploying capital.
Net of expenses and tax provisions.
Post expense, pre fees and pre tax.
Combined experience of the core team.
Research, ownership and risk discipline shape how the team invests.
Understand the business beyond a screen.
Own businesses the team knows well.
Test the thesis through people and primary work.
Weigh opportunity against the price paid.
Position sizes reflect conviction, liquidity and risk.
Our capital sits alongside yours, beyond the regulatory minimum.
A financial-services professional with 20+ years of experience, Malay shapes the Fund's strategic direction and oversees its long-term positioning. A CFP who has passed Level I of the CFA Program, he is a Director at Sunflower Broking and has spent two decades across broking, advisory and capital markets. His experience lies in identifying businesses early in their growth journey.
Connect on LinkedIn
A Chartered Accountant with 8+ years of experience across market research, financial modelling and corporate finance, Kushal brings expertise in capital markets and portfolio management. He engages closely with management teams and industry participants. His focus is on resilient, growth-oriented businesses where quality and valuation together create an attractive risk-reward.
Connect on LinkedIn
A Chartered Accountant who has passed Level II of the CFA Program, Manthan brings 8+ years of experience in capital markets, research and institutional equities. He works with management teams and industry experts to test every thesis. His approach centres on business quality, governance and industry structure, and on attractive risk-adjusted return potential.
Connect on LinkedInOur latest thinking on Indian businesses, capital raising and market developments.
An in-depth analysis of how public market listings enable small and medium enterprises to unlock liquidity, institutional credibility, and rapid balance sheet scale.
How enterprise digitization, data analytics, and tech adoption are fueling corporate profitability and scalable capital returns.
Exploring structural tailwinds in domestic value addition, export competitiveness, and import substitution across Indian manufacturing.
The questions investors most often ask before choosing a professionally managed, research-led investment approach.
Speak with the team about the fund and its terms.
Professional research, disciplined portfolio management, and sponsor skin in the game well above the regulatory minimum.
A SEBI-regulated pooled vehicle, professionally managed, built for sophisticated long-term investors.
Unlike a PMS, you get immediate exposure to the full pooled portfolio. Unlike a mutual fund, we can invest in unlisted businesses and aren't bound by daily redemptions.
Research depth, a portfolio weighted towards our highest-conviction businesses, and sponsor capital committed well above the regulatory minimum.
Large-caps are widely covered and already well represented in most portfolios. Our focus is on businesses earlier in their growth curve — same filters on quality, governance and valuation, longer runway ahead.
High returns on capital, a long reinvestment runway, favourable industry structure and promoters with a proven track record.
Taxation is handled at the fund level, so distributions to investors are post-tax. Investors should consult their tax advisor.
Periodic reporting on NAV, portfolio performance, positioning and the businesses we own, along with audited annual statements.
Speak with the Nexus team about the fund, its approach and current terms.
