3P India Equity Fund — 3P Investment Managers | wisefolio

3P India Equity Fund

Focused on India Growth and Indian Equity

IN/AIF3/22-23/1221Cat III

Complex or leveraged strategies — long-short, hedge-fund-style and quant funds. Often open-ended, within SEBI leverage limits.

Overview

About

3P Investment Managers is an investment management firm with a sharp focus on listed equities in India. The firm was co-founded in 2022 by Prashant Jain, Ashwani Kumar, and Sharad Mohnot. The name 3P reflects the firm's guiding principles: Prudence, Patience, and Performance. The firm manages the 3P India Equity Fund, a Category III AIF with AUM of over ₹16,269 crore as of January 2026, making it one of India's largest AIF equity strategies.

Investment Philosophy

3P's investment philosophy is grounded in three principles — Prudence (in portfolio construction with reasonably valued businesses), Patience (with businesses and markets), and Performance (as an outcome of the process). The strategy focuses on companies with strong fundamentals and reasonable valuations relative to growth, avoiding weak businesses and excessive valuations. The firm invests in strong, scalable companies with sustainable earnings growth and sound balance sheets, follows a long-term investment horizon, and maintains low portfolio churn by staying invested in fundamentally strong companies across market cycles.

Team— 3

Prashant Jain

Fund Manager

Founder and Chief Investment Officer at 3P Investment Managers. Has 34 years of experience in Indian equities. B.Tech from IIT Kanpur and PGDM from IIM Bangalore. Started his career with SBI Mutual Fund (1991–1993), then set up 20th Century Mutual Fund which became Zurich India Mutual Fund, later acquired by HDFC Mutual Fund in 2003. Served as CIO at HDFC Mutual Fund from 2004 to 2022, during which AUM grew from ~₹3,000 crore to ~₹4,40,000 crore. The only Indian fund manager to have continuously managed a single scheme for over 28 years — HDFC Balanced Advantage Fund delivered a CAGR of ~17.9% vs Sensex CAGR of ~9.6% from January 1994 to July 2022. India's most awarded fund manager and the first to manage over ₹1 lakh crore in equity assets. Co-founded 3P Investment Managers in 2022.

Ashwani Kumar

Fund Manager

Portfolio Strategist and Co-Investment Manager at 3P Investment Managers. Has nearly 29 years of research and fund management experience. Started managing Reliance Vision Fund in 2003 and was a key member of the team at Reliance Mutual Fund (now Nippon India Mutual Fund) that scaled AUM from ₹200 crore in June 2003 to ~₹90,000 crore in February 2020. Worked with Nippon AMC for 17 years before joining 3P. Graduate of the University of Pune with an MBA in Finance.

Sharad Mohnot

Co-Founder

Co-Founder of 3P Investment Managers. SEBI contact person for the 3P India Equity Fund AIF registration.

Registration

SEBI Registration

SEBI-registered

Reg. NumberIN/AIF3/22-23/1221

VintageMar 2023 · 3 yrs old

Valid ToPerpetual

Contact PersonSharad Mohnot

Address201 East wing, 2nd Floor, Nirlon House, Dr. Annie Besant Road, Worli, Mumbai, Maharashtra, 400030

Insights

No insights published yet.

Disclaimer

Investments in AIFs carry market and credit risk including possible loss of capital. Past performance does not indicate future returns. Information shown is sourced from the issuer's PPM and SEBI filings — confirm against the latest PPM before committing. wisefolio is an information platform; it is not registered with SEBI as an investment adviser, portfolio manager, or distributor. By using this page you accept our terms and privacy policy, including the self-attestation that you are eligible to view AIF marketing material under SEBI rules.