What Stallion Asset does

Stallion Asset Private Limited is a SEBI-registered Portfolio Management Services (PMS) firm headquartered in Mumbai that operates a single multi-cap equity product, the Core Fund, launched in October 2018. Founded by Amit Jeswani as a research desk in 2016 and granted PMS registration (INP000006129) in 2018, the firm converted from sole proprietorship to a private limited company via a 02/09/2019 merger. The Core Fund invests in high-growth Indian equities across consumer discretionary, financials, consumer tech, and pharma, applying a 4M framework (Market Leadership, Market Opportunity, Management quality, Margin of Safety) to stock selection. The firm's GTM is sales-led: direct client acquisition is supported by founder media presence on CNBC TV 18, ET Now, Bloomberg Quint, Moneycontrol, and ET Swadesh, plus content marketing through the company website, blog, and video channels.

The business model is recurring fee-based revenue with no disclosed external funding. Plan A charges 1.5% fixed fees plus 15% profit share over a 10% hurdle; Plan B charges 2.5% fixed. The minimum investment is ₹50 lakhs, restricted to HNW resident Indians, NRIs, HUFs, body corporates, trusts, and partnership firms. Ancillary mechanisms—Systematic Transfer Plan (STP) for phased deployment from a liquid fund into the Core Fund, and Systematic Investment Plan (SIP) for periodic top-ups from existing clients—deepen wallet share. Distribution includes a self-service client portal (WealthSpectrum) and a direct client servicing team.

As of March 2026 the firm reported ₹5,800+ crores AUM across 5,500+ clients and 6,000+ families served, with the homepage indicating ₹7,500+ crores AUM and a 28.02% TWRR since inception. The firm has earned PMS-AIF World and PMS Bazaar awards in 2019, 2021, and 2022 for risk-adjusted returns across multiple categories. The team comprises five named professionals across CIO, compliance, research, fund management, and sales.

Name

Stallion Asset

Legal name

Stallion Asset Private Limited

Website

https://stallionasset.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Stallion Asset Private Limited is a SEBI-registered Portfolio Management Services firm in Mumbai offering a single multi-cap equity fund (the Core Fund) to high-net-worth individuals, NRIs, HUFs, and institutional clients across India, with a ₹50 lakh minimum and management fees of 1.5-2.5%.

Ownership category

akta.pro rank

Product category

Portfolio Management Services

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)

SIC

Investment Advice (6282)

akta.pro primary industry

Portfolio Construction & Asset Allocation Advisory (FSAEAAAC)

akta.pro secondary industry

Sector/Thematic Equity (Active) (FSAAAIAG)

Keywords

• Portfolio management services
• Equity research
• Wealth management
• Asset management
• Investment advisory

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Portfolio Management Services Fees: Stallion Asset generates revenue through PMS management fees. Plan A charges 1.5% fixed fees plus 15% profit sharing over 10% hurdle rate. Plan B charges 2.5% fixed fees. Minimum investment is ₹50 Lakhs. STP (Systematic Transfer Plan) option available with no additional management fees. SIP option available for existing clients with minimum ₹2 Lakhs per installment.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Stallion Asset is a SEBI-registered Portfolio Management Services firm that manages the Core Fund, a multi-cap equity portfolio investing in high-growth Indian companies across Consumer Discretionary, Financials, Consumer Tech, and Pharma sectors. Clients invest a minimum of ₹50 Lakhs under Plan A (1.5% fixed fee + 15% profit share above 10% hurdle) or Plan B (2.5% fixed fee), with optional STP for phased deployment and SIP for incremental top-ups. The firm serves resident HNIs, NRIs, HUFs, Body Corporates, Trusts, and Partnership Firms with discretionary equity portfolio management.

Product overview

Stallion Asset is a SEBI-registered Portfolio Management Services company offering a single unified product: the Core Fund, a multi-cap equity portfolio focused on high-growth Indian companies. The Core Fund is supported by ancillary investment mechanisms including STP (Systematic Transfer Plan) for phased capital deployment and SIP (Systematic Investment Plan) for regular top-ups. The company operates exclusively through its website and secure client portal, with no modular add-ons or platform architecture.

Differentiator

Problem solved

Functional benefit

Products and services

• Stallion Asset Core Fund The flagship multi-cap equity Portfolio Management Services fund of Stallion Asset, investing in high-growth Indian equities across Consumer Discretionary, Financials, Consumer Tech, and Pharma sectors. Managed with a focus on alpha generation through the proprietary 4M framework (Market Leadership, Market Opportunity, Management quality, Margin of Safety). Available to resident HNIs, NRIs, HUFs, Body Corporates, Trusts, and Partnership Firms with a minimum investment of ₹50 Lakhs under Plan A (1.5% fixed + 15% profit share above 10% hurdle) or Plan B (2.5% fixed). Since-inception TWRR of 28.02%, outperforming the S&P BSE500 TRI across 3M, 6M, 1Y, and 3Y periods.

Quantifiable outcome

• 28.02% Time-Weighted Rate of Return (TWRR) since inception
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• IndusInd BankminorOthersIndusInd Bank serves as the banking partner for Stallion Asset PMS, handling fund transfers and account management for clients. This is a standard banking relationship for PMS operations.
• Nuvama Custodial Services LimitedminorOthersNuvama Custodial Services Limited provides custody services for Stallion Asset's PMS operations, holding and safeguarding client assets.
• Aneel Lasod and AssociatesminorOthersAneel Lasod and Associates serve as auditors for Stallion Asset PMS, providing independent audit and verification of financial statements.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Alchemy Capital Management: Mumbai-based PMS provider running long-only India equity portfolios for HNIs and family offices. Closely comparable on product structure (multi-cap, India equity, HNI-focused) and boutique scale.
• Ambit Capital (PMS): Ambit's private wealth and PMS division offers research-driven India equity portfolio management to HNIs. Comparable as a research-led PMS competitor with similar media visibility in Indian financial press.
• ValueQuest Investment Advisors: Boutique Indian PMS firm offering multi-cap and mid-cap portfolios with a long-term, value-tilted equity philosophy. Comparable in scale, target HNI audience, and single-firm boutique structure to Stallion.
• ASK Investment Managers: Large Indian PMS firm offering multiple equity PMS strategies across large-cap, mid-cap, and small-cap for HNIs and institutions. Comparable on PMS product, AUM scale, and HNI client base, though broader in product range.
• Marcellus Investment Managers: India-based boutique PMS firm running the Marcellus 'Kings of Capital' and 'Little Champs' portfolios, focused on high-quality, durable compounders for HNIs. Direct competitor in the HNI discretionary PMS space with a similar concentrated, high-conviction approach.

Broad incumbents

• Motilal Oswal Wealth Management: Large Indian brokerage and wealth manager offering PMS strategies, often value- and quality-tilted, to affluent and HNI clients. Comparable on PMS product but with a substantially larger distribution footprint.
• Axis Capital (PMS): Axis Bank-affiliated investment bank offering PMS and discretionary portfolio management to HNI and institutional clients. Comparable product (India equity PMS) with the backing of a large bank-affiliated distribution network.
• Kotak Mahindra Wealth Management: Bank-affiliated wealth manager offering PMS alongside broader banking and distribution services. Overlaps with Stallion on HNI PMS but operates with significantly larger balance sheet, branch network, and brand.
• Prabhudas Lilladher (PMS): Long-standing Indian brokerage with a research-led PMS franchise targeting HNIs. Comparable on India equity, research-driven PMS product, though part of a broader full-service brokerage platform.
• IIFL Wealth Management (PMS): One of India's largest wealth managers offering PMS as part of a broader platform including distribution, lending, and family-office services. Comparable on HNI PMS product, but competes with much larger distribution and capital base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/StallionAsset
• LinkedInlinkedin.com/company/stallion-asset

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Stallion Asset