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Striving to build a specialist investment management platform grounded in trust, integrity and continuous learning
Managed by BlueOcean Capital
Complex or leveraged strategies — long-short, hedge-fund-style and quant funds. Often open-ended, within SEBI leverage limits.
BlueOcean Capital India Trust (IN/AIF3/25-26/1865) is a SEBI-registered Category III Alternative Investment Fund registered in July 2025, managed by BlueOcean Asset Management Private Limited. The fund's first scheme is BlueOcean Emerging India Fund 1 — a long-only AIF focused on publicly traded equities of fast-growing, well-managed small and mid-cap Indian companies. The firm was founded by Nipun Mehta (Founder and CIO), Lavneesh Mohan (Co-founder and Fund Manager), and Vivek Mehta (Co-founder), combining over 65 years of collective experience in Indian capital markets, private banking, investment banking, and corporate strategy. The group also operates BlueOcean Capital Services (BOCS), a multi-family office for HNI clients. BlueOcean Asset Management is headquartered at 902, Raheja Chambers, Free Press Journal Marg, Nariman Point, Mumbai 400021.

Lavneesh Mohan
FMCo-founder & Fund Manager
Lavneesh Mohan is Co-founder and Fund Manager at BlueOcean Asset Management and the SEBI-registered contact person for the fund. He has over 25 years of experience in financial services and corporate strategy across GE Capital, Edelweiss Financial Services, ENAM Asset Management, Quant Capital, and Uniparts India. He holds an MBA (Finance) from K.J. Somaiya Institute of Management and is a self-taught long-term value investor with a keen interest in global macro trends.

Nipun Mehta
Founder & CIO
Nipun Mehta is the Founder and CIO of BlueOcean Asset Management. A Fellow member of ICAI, he has over 40 years of experience across global and domestic institutions including Societe Generale, Edelweiss Group, and IL&FS. His last corporate role was Executive Director and India Head of Societe Generale Private Banking, where he earned global recognition as 'Global Outstanding Young Private Banker'. He has served on SEBI advisory committees and is a frequent commentator on business television.

Vivek Mehta
Co-founder
Vivek Mehta is a Co-founder of BlueOcean Asset Management and manages BlueOcean Capital Services (BOCS), the group's multi-family office, overseeing HNI client relationships and multi-asset capital allocation. A Chartered Accountant and MBA from IIM Ahmedabad, he has prior experience at Deloitte, Aditya Birla Management Corporation, and BookMyShow, where he was part of the $100 million Series D fundraise team.

Ajay Bagga
Board Advisor
Ajay Bagga is a 30+ year veteran of Indian financial services. He was CEO of Kotak Mahindra Asset Management and Lotus India Asset Management, Country Head of Deutsche Bank Private Wealth Management India, and Chairman of the Financial Planning Standards Board of India. An XLRI alumnus with 10,000+ TV appearances, he has held senior roles at Citibank, Pioneer Funds, GE, Fullerton Funds (Temasek), and Deutsche Bank.
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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.

Nihar Jambusaria
Board Advisor
CA Nihar Jambusaria is a Chartered Accountant who served as President of ICAI in 2021–22 and retired as Senior VP of Reliance Industries in 2020. He founded Namaha Advisors for direct tax, international tax, and M&A advisory, and is an Independent Director on the boards of IIFL Finance, IIFL Samasta, and CCIL.

Sandeep Dasgupta
Board Advisor
Sandeep Dasgupta is an Electronics Engineer and IIM Ahmedabad MBA with 35+ years in Indian financial services. He retired as CEO of BOI AXA Investment Managers and previously served as CEO of Deutsche Asset Management India. He has also held senior roles at ICICI, HSBC, ENAM Financials, ITC Threadneedle, and Alliance Capital. Author of 'Balancing Mind, Matters and Money' (2022).
View the investment manager profile with all PMS strategies and AIFs under BlueOcean Capital.