Independent
advice.
High-conviction
portfolios.
Built for
long-term wealth.

Institutional-grade equity research, brought directly to high-net-worth individuals — with full transparency and zero conflicts of interest.

Limited to a select number of new clients each quarter

Typically suited for portfolios of ₹50 lakh and above

Pararthya

“Altruism; to live for the benefit of others.”

We chose this name as a daily promise to our clients.

Pararthya is the Sanskrit word for altruism. We named our firm after this principle because genuine advisory begins with a simple idea: your financial goals come first, always.

Our founders built Pararthya after years inside India’s capital markets, driven by the conviction that truly independent, research-driven advice creates lasting wealth.

We treat client capital with the same care as our own.

Our focus is not just returns — but building portfolios that can endure over long periods of time.

Independent by design. Research by conviction. →

Grounded

Deep research roots. Conviction built on fundamentals, not market noise.

Patient

Portfolios designed for compounding over years, not reacting to short-term volatility.

Balanced

A mix of stability and growth — protecting downside while capturing opportunity.

Enduring

Built to last across cycles, not just perform in favourable market conditions.

Pararthya

“Altruism; to live for the benefit of others.”

We chose this name as a daily promise to our clients.

Pararthya is the Sanskrit word for altruism. We named our firm after this principle because genuine advisory begins with a simple idea: your financial goals come first, always.

Our founders built Pararthya after years inside India’s capital markets, driven by the conviction that truly independent, research-driven advice creates lasting wealth.

We treat client capital with the same care as our own.

Our focus is not just returns — but building portfolios that can endure over long periods of time.

Independent by design. Research by conviction. →

Grounded
Concentrated exposure to a single stock or business

Patient​
Portfolios designed for compounding over years, not reacting to short-term volatility.

Balanced​
A mix of stability and growth — protecting downside while capturing opportunity.

Enduring​
Built to last across cycles, not just perform in favourable market conditions.

WHY PARARTHYA

Advice you can trust completely.

We earn a single fee — a percentage of assets under advisory. Nothing else. That alignment is the foundation of everything we do.

Truly independent

No AMC tie-ups. No broker affiliations. No products to push. Every recommendation is shaped only by research and your goals.

Fully transparent

You always know what you own, why you own it, and our current view. No opaque structures. No unexplained decisions.

Fee-only advisory

Our compensation is a percentage of assets under advisory. We grow only when your portfolio grows.

Your money remains in your own demat account. We provide research. You retain full custody and approve every action

OUR EXPERIENCE

Our Experience

Built on years of studying Indian businesses and capital markets.

Institutional market experience

Experience across buy-side and sell-side institutions, with exposure to both portfolio management and equity research.

Deep company coverage

Continuous tracking of hundreds of listed Indian companies across sectors, cycles, and market environments.

Capital allocation focus

Strong focus on how businesses allocate capital and generate long-term cash flows, not just reported growth.

Aligned with investors

Years of personal investing experience alongside advisory work, with the same philosophy applied consistently.

WHO WE WORK WITH

We work with individuals who take wealth seriously.

Independent thinking applied to your equity portfolio — for those who think in decades, not quarters.

Entrepreneurs & business owners

• Significant liquidity from operations or exits
• Diversifying beyond the core business
• Need a trusted, independent equity perspective

Senior professionals & CXOs

• High earners building long-term equity wealth
• Limited time to research and manage a portfolio
• Value evidence-based, rigorous investment thinking

Families building multi-generational wealth

• 7–10 year horizon or longer
• Steady compounding over speculative returns
• Disciplined stewardship of family capital

SITUATIONS WE OFTEN SEE

Many of our clients come to us at important inflection points.

For many of our clients, investing is only one part of the picture.

Capital is often built over years — through businesses, professional income, or liquidity events.

Our role is to bring structure, clarity, and discipline to the equity portfolio within that broader financial context.

Concentrated exposure to a single stock or business

Sudden liquidity from a business exit or asset sale

Portfolios spread across multiple products without clear strategy

Limited time to actively manage investments

Desire to transition from trading to long-term investing

WHO WE WORK WITH

We work with individuals who take wealth seriously.

Independent thinking applied to your equity portfolio — for those who think in decades, not quarters.

Entrepreneurs & business owners

• Significant liquidity from operations or exits
• Diversifying beyond the core business
• Need a trusted, independent equity perspective

Senior professionals & CXOs

• High earners building long-term equity wealth
• Limited time to research and manage a portfolio
• Value evidence-based, rigorous investment thinking

Families building multi-generational wealth

• 7–10 year horizon or longer
• Steady compounding over speculative returns
• Disciplined stewardship of family capital

SITUATIONS WE OFTEN SEE

Many of our clients come to us at important inflection points.

For many of our clients, investing is only one part of the picture.

Capital is often built over years — through businesses, professional income, or liquidity events.

Our role is to bring structure, clarity, and discipline to the equity portfolio within that broader financial context.

Concentrated exposure to a single stock or business

Sudden liquidity from a business exit or asset sale

Portfolios spread across multiple products without clear strategy

Limited time to actively manage investments

Desire to transition from trading to long-term investing

CLIENT JOURNEY

From first conversation to active advisory.

A structured onboarding process built on clarity, alignment, and informed consent.

01

Intro conversation

An open discussion about your goals, situation, and what you want from an adviser.

02

Portfolio review

We review your existing holdings and share an independent assessment — at no obligation.

03

Advisory proposal

A clear proposal — our approach, fee structure, and what an ongoing relationship looks like.

04

Formal onboarding

Risk profiling, agreement signing, and KYC as required under SEBI regulations

Ready to take a more thoughtful approach to your investments?

Speak with us. No obligation. No sales pitch

Limited to a select number of new clients each quarter.

Typically suited for portfolios of ₹50 lakh and above. Investment in securities market are subject to market risks.

CLIENT JOURNEY

From first conversation to active advisory.

A structured onboarding process built on clarity, alignment, and informed consent.

01

Intro conversation

An open discussion about your goals, situation, and what you want from an adviser.

02

Portfolio review

We review your existing holdings and share an independent assessment — at no obligation.

03

Advisory proposal

A clear proposal — our approach, fee structure, and what an ongoing relationship looks like.

04

Formal onboarding

Risk profiling, agreement signing, and KYC as required under SEBI regulations

Ready to take a more thoughtful approach to your investments?

Speak with us. No obligation. No sales pitch

Limited to a select number of new clients each quarter.

Typically suited for portfolios of ₹50 lakh and above. Investment in securities market are subject to market risks.

HOW WE INVEST

Our investment framework

Every stock we consider must pass three filters — in order. And we are equally deliberate about what we stay away from.

Good investing is often less about finding the next opportunity and more about avoiding the wrong ones.

01

WHAT WE LOOK FOR — 01

Is the price reasonable?

We only buy a stock when its price is justified by the actual cash flows the business generates. No matter how exciting the story, if it’s overpriced, we pass.

02

WHAT WE LOOK FOR — 02

Is the business strong?

We study how efficiently the company runs, how well it competes, and whether it will be stronger 10 years from now than it is today.

03

WHAT WE LOOK FOR — 03

Is the management trustworthy?

In India, the people running a business matter enormously. We assess promoters and management teams for track record, integrity, and how they treat minority shareholders.

Our focus is not just returns — but building portfolios that can endure over long periods of time.

WHAT WE DELIBERATELY AVOID

Companies with poor governance

If a business does not treat its shareholders fairly, we don’t invest — regardless of growth potential.

Investing based on stories or themes

Hype around sectors like EVs or AI is not a reason to buy. Only valuation and business quality determine a position.

Frequent buying and selling

Churning a portfolio erodes wealth through costs and taxes. We buy when conviction is high and hold with patience.

Spreading too thin

Owning 50 stocks is not safety — it is diluted conviction. A focused portfolio of 15–20 well-understood businesses is more powerful.

OUR PROCESS

From 2,000 companies to 20 convictions.

Rigorous filtering, not gut feel.

Universe

2,000+ companies

Top listed by mkt cap

Filter

~500 stocks

Sector & governance

Deep Research

Shortlist

Valuation & quality

Portfolio Alpha 3.0

15–20 holdings

High-conviction final

PORTFOLIO STRUCTURE

Three buckets. One purpose: compounding wealth.

The Alpha 3.0 portfolio is structured across three categories, each serving a distinct role in the overall return profile.

Core Compounders

High-growth businesses with sector tailwinds and superior efficiency. The primary return drivers — expected to significantly compound intrinsic value over 5–10 years.

Stability Anchors

Proven models with stable cash flows and sector leadership. Provide resilience through cycles — the portfolio’s ballast.

Opportunistic Allocations

Time-bound positions with a specific catalyst and clear exit thesis — managed carefully without compromising long-term character.

INSIGHTS

Perspectives on investing

No noise, no predictions — only considered views on markets, businesses, and the discipline of long-term investing.

INVESTMENT PHILOSOPHY

Why valuation discipline matters most when it feels irrelevant

The moments when valuation appears least important are often when it matters the most. Long-term returns are anchored in the price you pay.

Coming Soon

PORTFOLIO THINKING

The hidden cost of over-diversification

Owning too many stocks often reduces clarity and conviction. A focused portfolio can be more effective for long-term compounding.

Coming Soon

BUSINESS ANALYSIS

How we evaluate management quality in Indian companies

In India, management quality is critical. We assess track record, capital allocation, and treatment of minority shareholders.

Coming Soon

OUR TEAM

Advisers with skin in the game

Professionals who spent their careers at the sharpest end of Indian equity markets — and saw, first-hand, how rarely genuinely independent advice was delivered.

We invest our own capital using the same philosophy we apply for clients.

Nikunj Gala

CO-FOUNDER & PRINCIPAL OFFICER

Sundaram MF

ASK Investment Managers

IIFL

ICICI Securities

Principal MF

Fund manager. Analyst. Adviser. Co-managed a ₹1,500+ crore fund at Sundaram MF. Researched equities at ASK and Principal. Covered the sell-side at IIFL and ICICI Securities.

He built Pararthya because clients deserved institutional-grade research — not just institutional clients. MBA, NMIMS Mumbai. B.E, VESIT.

Ronak Gala

CO-FOUNDER & COMPLIANCE OFFICER

LeapUp co-founder

Investor since 2014

NMIMS Faculty

NM College

Jai Hind College

Entrepreneur. Investor. Educator. A decade of building businesses, analysing companies, and teaching finance — often simultaneously.

Investing in Indian equities since 2014. Co-founded and scaled a profitable services business. Teaches finance as visiting faculty at three Mumbai colleges. MBA, NMIMS Mumbai.

““Like a tree — grounded, patient, balanced. Built for longevity, not speed.”

THE PARARTHYA DIFFERENCE

How we compare

Each approach serves a different need. The differences lie in structure, control, and alignment.

How a fee-only RIA differs from other common investment vehicles.

Feature

Mutual fund

PMS

Pararthya Capital (RIA)

Fee structure

Expense ratio; distributor commission on regular plans

Fixed + performance fee, typically 1–2%+ p.a.

AUA-linked advisory fee only. No commissions.

Transparency

Periodic portfolio disclosure

Limited disclosure norms

Full transparency on every holding and rationale

Asset custody

Held by the AMC

Held by the PMS provider

Always in your own demat account

Customisation

Pooled — one portfolio for all

Some customisation possible

Tailored to your goals and risk profile

Independence

May be influenced by distribution relationships

Proprietary products may be preferred

SEBI fiduciary duty to client

REQUEST A PRIVATE PORTFOLIO REVIEW

Request a Private Portfolio Review

Tell us a little about your situation. We’ll review it and get back to you within two working days.

This helps us understand your situation and prepare meaningfully for our conversation.

All fields marked * are required.

Limited to a select number of new clients each quarter.

By submitting, you acknowledge this is an initial enquiry. Formal advisory engagement follows risk profiling and onboarding as per SEBI regulations.

COMMON QUESTIONS

Common questions

Answers to what we hear most often.

How is this different from a PMS or mutual fund?

Unlike pooled products, your investments remain in your own account. We provide advice, you retain control, and every decision is transparent.

How concentrated will my portfolio be?

Typically 15–20 holdings. Concentration allows meaningful impact from each position, while still maintaining diversification across sectors and risks.

What happens during market downturns?

Market corrections are expected. Our focus remains on business fundamentals and long-term value rather than reacting to short-term price movements.

How often will you recommend changes?

Only when necessary. We prefer low turnover and act when there is a meaningful change in valuation, fundamentals, or opportunity.

COMPLIANCE & REGULATORY DISCLOSURES

REGISTERED ENTITY DETAILS

Entity name
Pararthya Capital Management LLP

Registration type
Non-Individual – Perpetual validity

CIN
ACN-8809

Principal Officer
Nikunj Gala
+91 9082765273 · nikunj@pararthya.in

SEBI Registration No.
INA000021340

BSE Enlistment No.
2365

Registered office
1301, Varun CHS, Pantnagar, Ghatkopar East, Mumbai – 400075

Compliance Officer
Ronak Gala
+91 9082765273 · team@pararthya.in

EMAIL

team@pararthya.in
nikunj@pararthya.in

PHONE

+91 9082765273

OFFICE

601, 8C Central Near Shreyas Signal, Ghatkopar West, Mumbai – 400086

GRIEVANCE ESCALATION PATH

1

Contact us directly – team@pararthya.in · We aim to resolve all grievances within 21 working days.

2

SEBI SCORES – scores.sebi.gov.in · Available on Google Play and App Store.

3

ODR Portal – smartodr.in · For disputes unresolved through SCORES.

Risk warning: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer: Registration granted by SEBI, Enlistment with BSE and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Advice is provided only after formal onboarding and risk profiling as per SEBI Investment Adviser Regulations. No investment advice is provided through this website.

Pararthya Capital

“Altruism in advice.
Conviction in investing.”

SEBI Reg. No. INA000021340 · BSE Enlistment No. 2365 · CIN: ACN-8809 · © 2026 Pararthya Capital Management LLP

Investment in securities market are subject to market risks. Read all related documents carefully before investing.

Registration granted by SEBI, Enlistment with BSE and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Important Notice

Before you proceed

This website is published by Pararthya Capital Management LLP, a SEBI Registered Investment Adviser (Reg. No. INA000021340).

The content here is for informational purposes only and does not constitute investment advice or a solicitation to buy or sell securities. Advice is provided only after formal onboarding and risk profiling as per SEBI regulations.

Investment in securities market are subject to market risks. Registration granted by SEBI in no way guarantees performance or assurance of returns.