SageOne

What SageOne does

SageOne Investment Managers LLP is a privately held, founder-led Indian investment management firm headquartered in Pune and operating across discretionary Portfolio Management Services (PMS), a domestic Category III Alternative Investment Fund (AIF), and an offshore GIFT City IFSC AIF. Founded in 2012 by Samit Vartak, CFA, the firm runs five core vehicles — the SageOne Core Portfolio (SCP), SageOne SmallCap Portfolio (SSP), and SageOne Large & MidCap Portfolio (SLMP) on the PMS side; the domestic open-ended SageOne Flagship Growth OE Fund; and the offshore SageOne India Growth GIFT Fund — built around a single bottom-up, high-conviction investment philosophy targeting 15–25 quality-growth Indian mid-cap, small-cap, and large/mid-cap companies with sustainable competitive advantages, clean management, and ROCE thresholds of at least 20%.

The underlying investment engine is a model-portfolio framework in which every client portfolio within a strategy mirrors a single research-driven construct, with Time-Weighted Rate of Return (TWRR) measurement using daily valuation and geometric linking applied to aggregated investor portfolios (including liquid funds and cash), in line with global GIPS standards and ahead of SEBI's 2020 mandate. Operations are supported by a secure online PMS portal (app.sageoneinvestments.com), Nuvama Custodial Services for demat custody, and KFintech for AIF client servicing. The firm was managing more than Rs 1,000 crore across PMS and AIF vehicles as of 2020, with disclosed track records including 27% CAGR on the Core Portfolio since inception versus NSE Mid Cap 100 at 10.3% CAGR, and ~8% post-fee alpha over Nifty 50 TRI since SLMP client inception with ~17% annualized returns over the ~4-year period combining proprietary and client capital.

SageOne monetizes through recurring management fees (quarterly on PMS vehicles, monthly on the GIFT Fund) plus annual performance fees assessed on March 31 above defined hurdle rates, available in Fixed, Hybrid, or Variable structures, supplemented by 1–3% exit loads on early withdrawals and no set-up or upfront fees. Distribution is overwhelmingly direct and relationship-led, with less than 20% of AUM sourced via distributors on a trail-only commission basis, targeted at Indian HNIs and ultra-HNIs (minimum Rs 50 lakh to Rs 2 crore), NRI clients via NRO/NRE, domestic institutional investors in the AIF (Rs 1 crore minimum), and foreign individuals/institutions in the offshore GIFT Fund (USD 150K–500K minimum). The firm has maintained a zero-complaint record from FY 2018-19 through May 2026 across all PMS vehicles.

Name

SageOne

Legal name

SageOne Investment Managers LLP

Website

https://sageoneinvestments.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

SageOne Investment Managers LLP is a Pune-based, SEBI-registered Indian investment management firm offering discretionary PMS portfolios (Core, SmallCap, Large & MidCap), a domestic Category III AIF, and an offshore GIFT City AIF, serving HNIs, ultra-HNIs, institutions, NRIs, and foreign investors via a high-conviction bottom-up equity strategy.

Ownership category

akta.pro rank

Product category

Investment Management / Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Portfolio Construction & Asset Allocation Advisory (FSAEAAAC)

akta.pro secondary industry

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)

Keywords

• Portfolio management services
• Alternative investment funds
• Wealth management advisory
• Discretionary portfolio management
• Equity investment management

Headquarters

HQ city

Pune

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. PMS Management Fees: Recurring flat management fees on PMS strategies (SageOne Core Portfolio, SmallCap Portfolio, Large & MidCap Portfolio), calculated on contributed capital and charged quarterly along with applicable GST and statutory levies.
2. PMS / AIF Performance Fees: Variable performance fees charged annually on March 31st, calculated as a pre-agreed percentage of profits above a defined hurdle return / benchmark. Available in Fixed, Hybrid, and Variable fee structures across PMS, Domestic AIF, and Offshore AIF.
3. Offshore GIFT AIF Management and Performance Fees: Class A (flat management fee) and Class B (flat management fee plus performance fee above threshold) for the SageOne India Growth GIFT Fund; management fees billed monthly with statutory levies and performance fees assessed annually on March 31st. The fund is structured as a Category III AIF under the IFSCA framework with a Category 1 FPI license.
4. Exit Loads on Early Withdrawals: One-time exit loads of 1-3% on early withdrawals depending on strategy and holding period (e.g., 1% within 12 months for the GIFT Fund), collected at redemption as an ancillary revenue source.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

SageOne Investment Managers LLP is a SEBI-registered Portfolio Manager and Investment Advisor that delivers discretionary equity Portfolio Management Services (PMS) and Category III Alternative Investment Funds (AIF) to sophisticated Indian and foreign investors. The firm manages concentrated, high-conviction portfolios of 15-25 Indian listed equities through three PMS strategies (Core, SmallCap, Large & MidCap), a domestic open-ended AIF combining Core and SmallCap exposure with QIPs and private placements, and an offshore GIFT City-based AIF providing dollar-denominated access to Indian mid/small-cap growth for foreign investors. Minimum investments range from ₹50 lakh (SLMP) to ₹2 crore (SCP/SSP) for domestic PMS, ₹1 crore for the domestic AIF, and USD 150,000–500,000 for the GIFT AIF.

Product overview

SageOne Investment Managers LLP operates a unified investment management platform offering Indian equity Portfolio Management Services (PMS) and Category III Alternative Investment Funds (AIF), anchored by a single investment philosophy of high-conviction, quality-growth equity investing. The platform is structured as a core product suite (the discretionary PMS strategies — SageOne Core Portfolio, SageOne SmallCap Portfolio, and SageOne Large & MidCap Portfolio) augmented by pooled fund vehicles (the domestic open-ended SageOne Flagship Growth OE Fund and the offshore GIFT City-based SageOne India Growth GIFT Fund), all supported by a web-based Investor Portal for client reporting and access. The Core and Small Cap Portfolios form the building blocks of the Flagship Growth OE Fund and the GIFT Fund, while SLMP runs as a separate large/mid-cap strategy managed by dedicated fund managers; the Knowledge Center and monthly investor memos round out the offering as supporting research and investor communication modules.

Differentiator

Problem solved

Functional benefit

Brands

• SageOne Core Portfolio (SCP): Long-only equity PMS strategy targeting 15–20 high-performing mid and small-cap businesses (101st–600th by market cap) on Indian equity markets.
• SageOne Small Cap Portfolio (SSP)
• SageOne Large & Mid Cap Portfolio (SLMP)
• SageOne Flagship Growth Open-Ended (OE) Fund
• SageOne India Growth GIFT Fund

Products and services

• SageOne Core Portfolio (SCP) A long-only equity Portfolio Management Services (PMS) strategy targeting 15-20 high-performing mid and small-cap Indian companies (101st-600th by market cap) with 20%+ earnings growth potential. Focuses on emerging market leaders with strong competitive advantages and scalable business models. Minimum investment ₹2 Crore; benchmark BSE 500 TRI.
• SageOne SmallCap Portfolio (SSP) A long-only equity PMS strategy targeting 15-20 high-growth, undervalued 'hidden gem' small-cap Indian companies ranked 400th-1000th by market cap, focused on businesses with 25%+ compounded earnings growth, innovative models, and strong management. High-risk profile; minimum investment ₹2 Crore; benchmark BSE 500 TRI.
• SageOne Large & MidCap Portfolio (SLMP) An actively managed equity PMS portfolio of 18-25 high-quality companies selected from the top 200 by market capitalization, blending large-cap stability with mid-cap growth potential. Targets 18-20% earnings growth and 3-5% alpha over Nifty 50 post fees; objective to double portfolio in 4.5 years. Moderate risk profile; minimum investment ₹50 Lakhs; benchmark BSE 500 TRI.
• SageOne Flagship Growth Open-Ended (OE) Fund An open-ended Category III Alternative Investment Fund (Domestic AIF) combining the SageOne Core and Small Cap Portfolios with Qualified Institutional Placement (QIP) and private placement opportunities across dynamic domestic companies. Moderate-to-high risk profile; minimum investment ₹1 Crore; benchmark BSE 500 TRI; provides fortnightly liquidity (15th and last working day of each month).
• SageOne India Growth GIFT Fund An open-ended, restricted (non-retail) offshore in-bound Category III AIF under the IFSCA framework, holding a Category 1 Foreign Portfolio Investor (FPI) license. Invests in the SageOne Core Portfolio targeting 15-20 high-growth mid/small-cap Indian companies (101st-600th by market cap). Minimum investment USD 150,000 (non-U.S.) or USD 500,000 (U.S.); benchmark MSCI India Midcap Index (USD). Open to foreign individuals/institutions (excluding Canada) and NRIs via NRE or foreign bank accounts.

Quantifiable outcome

• SLMP generated ~8% alpha over Nifty 50 TRI (post fees) since inception of client capital
• +4 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Nuvama Custodial Services LimitedcoreImplementation/ SI/ Consulting PartnerNuvama Custodial Services Limited acts as the custodian for demat accounts opened for SageOne's PMS clients. While SageOne does not open bank accounts on the client's behalf, it facilitates opening of the client's demat account with Nuvama to hold securities under the PMS. Custodian charges are 2.5-3 bps of AUM, billed to investors on actuals.
• KFin Technologies (KFintech)coreTechnology or IntegrationKFintech provides the AIF client login platform for SageOne's AIF clients (sageone.kfintech.com), supporting the Domestic Category III AIF (SageOne Flagship Growth OE Fund) and the offshore GIFT City AIF operations.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Alchemy Capital Management: Alchemy is an Indian PMS/AIF boutique offering discretionary equity PMS and Category II/III AIFs targeting HNIs/UHNIs with mid/small-cap and large-cap strategies. Comparable to SageOne in product mix, ticket sizes, and SEBI-regulated HNI focus.
• Marcellus Investment Managers: Marcellus is an India-focused, founder-led PMS/AIF boutique emphasizing high-conviction, concentrated equity strategies (e.g., Consistent Compounders) — closely aligned with SageOne's high-conviction, bottom-up research philosophy and discretionary PMS model.
• ASK Investment Managers: ASK Investment Managers is one of India's largest domestic PMS/AIF managers, operating discretionary equity PMS strategies and Category II/III AIFs with comparable ticket sizes targeting HNIs and UHNIs. Directly comparable to SageOne in product mix (PMS + AIF), HNI/UHNI focus, and SEBI-regulated mid/small-cap equity strategies.
• Valentis Advisors: Valentis Advisors is an Indian PMS firm offering discretionary equity portfolio management services targeting HNIs, with high-conviction mid-cap and small-cap strategies. Directly comparable to SageOne in product type, ticket size, and discretionary mid/small-cap equity mandate.
• TrustPlutus Capital: TrustPlutus Capital is an Indian PMS and AIF boutique offering discretionary equity strategies across market caps to HNI investors. Comparable to SageOne in target clientele, product mix, and SEBI-regulated boutique positioning, though with somewhat larger scale.
• Motilal Oswal Wealth Management: Motilal Oswal runs a large Indian PMS and Portfolio Advisory business alongside its listed AMC, with discretionary equity strategies targeting HNIs across mid/small and large-cap segments. Comparable to SageOne in product mix (PMS, AIF, advisory), HNI focus, and Indian equity alpha-generation track record.

Emerging players

• True Beacon: True Beacon is an India-focused wealth and PMS/AIF boutique serving UHNI and family-office clients with concentrated equity and fixed-income strategies. Comparable to SageOne in HNI/UHNI targeting and discretionary equity product, though newer and with somewhat different minimums and product breadth.

Broad incumbents

• IIFL Wealth (360 One): 360 One (formerly IIFL Wealth) is India's largest listed wealth and PMS/AIF platform serving HNIs, UHNIs, and institutional clients with a multi-product suite spanning PMS, AIF, and alternative assets. Overlaps with SageOne across PMS/AIF offerings but operates at significantly larger scale and across multiple asset classes.
• Kotak Mahindra Wealth Management (PMS): Kotak Mahindra's wealth and PMS division is part of a large incumbent Indian financial services group offering discretionary PMS to HNIs across equity and multi-asset mandates. Overlaps with SageOne in PMS offerings but benefits from bank-level distribution, balance-sheet scale, and broader asset-class coverage.

Regional players

• NJ India Invest (NJ Wealth): NJ Wealth (NJ India Invest) is one of India's largest mutual fund/PMS/AIF distribution platforms with a deep HNI distributor network across India. Partially comparable to SageOne's distributor channel but operates primarily as a distribution-led platform rather than a discretionary manager; relevant as a channel partner / competitor for AUM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SamitVartak
• YouTubeyoutube.com/playlist?list=PLDegqmfvFrMNE88XbN2JYmK1_PkSIrBtm
• LinkedInlinkedin.com/company/sageoneinvestmentadvisors

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SageOne