NMR Capital Advisors
We are a SEBI registered Portfolio Manager (INP000009108) based in Mumbai, India.
Our focus is on fundamental based long term investing.
About Us
NMR Capital Advisors LLP is founded by Mr. Nishith Shah and Mr. Minesh Shah.
Our Team
Meet our talented & experienced team
Mr. Nishith Shah
Portfolio Manager
Mr Nishith Shah is the portfolio manager. He has experience of more than 10 years of investments in the markets. His last profile was with Aequitas Investments Consultancy Pvt Ltd wherein he last worked as a Co-Fund Manager looking after the Cat III – AIF (AUM Rs 1500 cr) which was long only and focused on long term equity investments. He worked a total of 5 years and 5 months with Aequitas. Before that he had a stint managing his family funds and exploring the markets by gaining experience from both Investing and Trading. He has also worked with Multiact Equity Consultancy Pvt Ltd for less than a year.
Qualification: Chartered Accountant (CA), Chartered Financial Analyst (CFA) Level 3 cleared
Mr. Milan Dholakiya
Operations & Dealings
Mr. Milan Dholakiya has 16 years of experience in the Asset Management industry. Previously, he worked as a Wealth Manager at Fortune Wealth LLP, a franchise of Motilal Oswal, for nearly 10 years, and at Veetrag Securities for 5 years. He was awarded Best Investment Advisor by Motilal Oswal in 2018.
Qualification: Bachelor’s in Commerce from Mumbai University & NISM certified in Currency Derivatives and Capital Market Dealer Modules.
Mr. Dev Vora
Research Analyst
Mr. Dev Vora has hands-on experience in the markets for more than 5 years. Before joining NMR, he successfully managed his family’s portfolios and funds, identifying several multibagger opportunities along the way. This has allowed him to build significant expertise in both investing and trading.
Qualification: Chartered Accountant (CA)
Mr. Jenil Rathod
Research Analyst
Mr. Jenil Rathod is a research analyst with over 2 years of experience. He has worked at B&K Securities, covering the banking sector, and in strategy at Neogrowth, gaining valuable insights into market dynamics and business strategies.
Qualification: Chartered Accountant (CA)
Performance
NMR Capital Advisors delivered benchmark beating performance.
| Investment | AUM (in INR Cr.) | Return TWRR (%) | As on 31st May2025 | |
|---|---|---|---|---|
| Approach | 1 M | 3 M | SI | |
| NMR GROWTH STRATEGY | 19.04 | 15.34 | 21.11 | 9.14 |
| BSE 500 TRI | 0 | 3.54 | 14.65 | 2.3 |
Disclaimer: Performance related information is not verified by SEBI
Link to performance relative to other portfolio managers – https://tinyurl.com/549h8kb6
Note: Returns of individual clients will differ from the above numbers based on the timing of their investments. The above returns are on the consolidated pool of capital
Services
- We currently offer only Discretionary PMS.
- Minimum ticket size is Rs 50 lakhs.
- S&P BSE 500 TRI Index benchmark
Investment Approach
Investment Objectives and Horizon
Objective of the fund will be investing in companies which have multi-bagger potential over a 3-5 years horizon, available at reasonable valuations and having healthy fundamentals. Our primary focus is on companies with:
- Strong growth potential
- Sound financial health
- Attractive valuations
Research-Oriented Approach
Bottoms up approach that prioritizes research, dedicating the majority of its time and resources to identifying and thoroughly analysing companies across various sectors in India following. The objective is to meticulously examine all available company information, gaining in-depth insights into portfolio stocks and ensuring the most accurate and reliable data is obtained.
Strategic Financial Analysis for Stock Selection
To indentify high-potential stocks through rigorous financial analysis, focusing on cash generation, debt management, and profitability. By evaluating key financial statements and balance sheet metrics, we ensure the company’s fundamentals are strong. Performance is compared with industry peers, considering market trends and macroeconomic factors to assess growth potential and competitive positioning.
Strategy and Benchmarking
We maintain a sector-agnostic, diversified portfolio of 15-25 stocks across various sectors and market caps, focusing on a flexible small- to mid-cap strategy. Performance is benchmarked against the S&P BSE 500 TRI to track and evaluate results.
Necessary Documents
PMS Disclaimer: Investments in Securities are subject to market and other risks and there is no assurance or guarantee that the objectives of any of the strategies of the Portfolio Management Services (PMS) will be achieved. Investors in the PMS Product are not being offered any guaranteed/assured returns. Past performance of the portfolio manager does not indicate the future performance for any of the strategies. The names of the portfolios do not in any manner indicate their prospects or return. The investments may not be suited to all categories of investors. Neither NMR Capital Advisors LLP (hereinafter referred to as ‘NMR’), nor any person connected with it, accepts any liability arising from the use of this material. The recipient of this material should rely on their investigations and take their own professional advice. Neither NMR, nor any person connected with it, accepts any liability arising from the use of this material. The recipient of this material should rely on their investigations and take their own professional advice. Opinions, if any, expressed are our opinions as of the date of appearing on this material only. Read More
Contact Us
Get in touch with our expert team
Address
1114, 11th Floor, Kosha Kommercial Komplex, Anand Lal Poddar Road, Laxmi Narayan Shopping Center, Malad East, Mumbai 400097
Contact Details
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