Equitree Capital
Emerging Opportunities
Equitree Capital's Emerging Opportunities is a Small Cap Portfolio Management Services (PMS) strategy managed by Pawan Bharadia, operational since Jul 2017. Benchmark: BSE 500 TRI.
AUM
₹1,512 Cr
Min investment
₹1 Cr
Inception
Jul 2017
Fund manager
Pawan Bharadia
Equitree Capital Advisors is a boutique asset management firm based in Mumbai, founded in 2012 by Pawan Bharaddia (CIO) and Ssuneet Kabra (CEO). The firm initially managed proprietary capital and began meaningfully managing external funds in 2020 via a SEBI-registered PMS. They follow a private equity approach to public markets - blending the liquidity of listed equities with the long-term, high-conviction discipline of private equity, thereby running a concentrated portfolio of just 12 - 15 high-conviction stocks. The low-churn strategy is designed to capture multi-year compounding, bridging the gap between traditional small-cap investing and late-stage private equity. Equitree follows a value-meets-growth framework, building meaningful ~5% ownership stakes with a 5+ year investment horizon, targeting 20 to 25% earnings CAGR.
6M
+5.8%
1Y
-2.6%
5Y
+23.2%
Since inception
+7.9%
6M
+9.3%
1Y
-0.6%
5Y
+11.0%
Since inception
—
6M
-3.5%
1Y
-2.0%
5Y
+12.2%
Since inception
+13.1%
Positive alpha over 5Y but not 1Y — classified as Long-Term Performer
Hypothetical growth based on TWRR from inception (Jul 2017)
Hypothetical illustration based on published TWRR over 9 years. Does not account for variable performance fees, taxes, or entry/exit timing. Past performance is not indicative of future results.
12 to 15 stocks
How many stocks the manager holds. Fewer stocks means higher conviction per position — each holding has a larger impact on overall returns, amplifying both gains and losses.
82%
Percentage of portfolio bought or sold annually. Higher turnover means more active trading and potentially more short-term capital gains tax events in your demat account.
Risk metrics — coming soon
Sharpe ratio, Sortino ratio, beta, standard deviation, and maximum drawdown will be available once sufficient NAV history accumulates. Use turnover ratio and portfolio concentration above as practical risk indicators.