One of the fastest growing India-focused asset management platforms in terms of non-mutual fund QAAUM
growth between Fiscals 2024 and 2026, diversified across investment products and investor channels.
Scaled and fast-growing PMS franchise, outperforming market indices across funds.
Demonstrated investment out-performance across relevant benchmarks, supported by a differentiated, researchled
and benchmark-agnostic investment philosophy
Diversified investor acquisition channels and long-standing distribution relationships across investor segments.
Experienced investment and operating team with active founder involvement.
Consistent profitability and strong returns supported by a scalable operating model.
The company's revenue from operations is significantly dependent on the value of the assets managed and advised by the company and
its ability to attract and retain investor capital. Any decline in the company's assets under management, including as a
result of adverse market conditions, net investor outflows, reduced investor subscriptions or the company's inability to attract
additional assets, could adversely affect its business, financial condition, results of operations and cash flows.
The company's business is significantly dependent on the performance of Indian equity markets. Adverse market conditions,
including those resulting from domestic or global economic, political or geopolitical developments, could
adversely affect the value of assets managed and advised by the company, investor flows and its business, financial
condition, results of operations and cash flows.
A significant portion of the company QAAUM is derived from its Alternates (AIF CAT - III and PMS) and Private Equity
(AIF CAT - I and CAT - II) businesses, which the company has transferred from its to the company's Subsidiary, Abakkus
Investment Managers Private Limited. Any reduction in investor demand for the company's Alternates products, deterioration
in the performance of its Alternates products or Private Equity vertical, or changes in the regulatory framework
governing such products could adversely affect the company's business, financial condition, results of operations and cash
flows.
If the company's investment products underperform, the company may faces investor withdrawals, increased redemption and reduced
inflows, which could adversely affect its reputation, business, financial condition, results of operations and cash
flows.
The company's historical performance is not indicative of its future growth. If the company fails to manage its growth, the company's business,
financial condition, results of operations and cash flows may be adversely affected.
The company's business depends on the continued services of its Promoters, Key Managerial Personnel, Senior Management
Personnel and other key investment professionals. The loss of their services, the company's inability to attract and retain
qualified personnel or increases in employee-related costs could adversely affect its business, financial condition,
results of operations and cash flows.
The company's business is subject to extensive regulation. Non-compliance with applicable regulations could expose it to
penalties and restrictions, thereby adversely affecting the company's business, financial condition, results of operations and
cash flows.
The company is subject to periodic inspections by SEBI and IFSCA. Non-compliance with observations made by SEBI or
IFSCA during these inspections could expose it to penalties and restrictions, which may have an adverse effect
on the company's business, financial condition, results of operations and cash flows.
The company's regularly introduce new investment products and strategies for its investors. Any failures of the company's new
investment products and strategies, or failures to implement its growth strategies, scale or be profitable could
adversely affect the company's business, financial condition, results of operations and cash flows.
The company's top 10 distributors contributed 45.68%, 49.58% and 52.12% of its Total QAAUM as of March 31, 2026,
2025 and 2024. Any deterioration in the company's relationships with distributors or other distribution partners, or its
inability to expand the company's distribution network could adversely affect its business, financial condition, results of
operations and cash flows.
