Monarch Networth Capital

Monarch AIF (IN/AIF3/20-21/0787) is a SEBI-registered Category III AIF and the fund management arm of Monarch Networth Capital Limited (MNCL), a listed full-service financial services firm (BSE: 511551, NSE: MONARCH, CIN: L64990GJ1993PLC120014) with a market capitalisation of approximately INR 2,000 crore and a PAT of INR 1,230 million in FY24. Monarch AIF runs long-only, closed-ended equity funds investing in Indian listed equities. The AIF has raised across three funds: MNCL Capital Compounder Fund (closed October 2020, INR 70 crore, pre-closed May 2023 with 23.5% post-fee IRR), MNCL Capital Compounder Fund I (closed August 2022, INR 252 crore, annualised IRR 28.3% since inception), and MNCL Capital Compounder Fund 2 (closed April 2024, INR 729 crore), crossing INR 1,000 crore AUM within four years. The fund is managed by Abhisar Jain (CFA), with compliance overseen by Yukti Jain. MNCL also operates a GIFT City IFSC subsidiary (Monarch Networth Capital IFSC Private Limited, IFSCA reg IFSCA/FME/III/2025-26/169) for offshore fund management. Registered office: Laxmi Tower, B Wing, 4th Floor, G Block, Bandra Kurla Complex, Bandra East, Mumbai 400051. Corporate offices in Mumbai, Ahmedabad, and New Delhi. MNCL also holds SEBI registrations as Research Analyst (INH000000644), Merchant Banker (INM000011013), Portfolio Manager (INP000006059), and Depository Participant.

Monarch AIF's investment philosophy is inspired by the wisdom of legendary investors including Phil Fisher, Warren Buffett, Peter Lynch, Joel Greenblatt, and Howard Marks. The core approach centres on identifying high-quality businesses across industries regardless of market capitalisation, with robust long-term growth potential and compelling valuation propositions — targeting attractive compounding that delivers high absolute returns outperforming both risk-free rates and benchmark indices. The fund operates as a strategically concentrated, closed-ended long-only vehicle with a portfolio of 20–25 high-conviction stocks focused on under-owned and under-researched businesses, with an emphasis on entry valuation and margin of safety. Key differentiators include: no exit load, a low fixed fee structure, performance-linked fees only above a hurdle rate, significant sponsor skin in the game (minimum 5% of AUM), and a medium-term investment horizon of 4 years (extendable by 2 years). The fund's singular goal is to deliver high absolute returns significantly surpassing both risk-free returns and benchmark index performance.