We use cookies for analytics and ads to improve your experience. You can accept or decline. See our Privacy Policy.
India Focused Investment Fund.
Managed by MS Capital
Complex or leveraged strategies — long-short, hedge-fund-style and quant funds. Often open-ended, within SEBI leverage limits.
MS Capital India Fund is a SEBI-registered Category III Alternative Investment Fund (reg. IN/AIF3/25-26/1824), registered in June 2025 and managed by MS Capital Investment Advisors Private Limited — a Bengaluru-based long-only Indian listed equities fund. The firm was founded by Chirag Fialoke (Founder & CIO) and his wife Suruchi Fialoke (CTO). Chirag brings 10+ years of Indian public markets investing experience, combining private equity-style diligence with deep operational understanding of Indian businesses. He previously worked at WestBridge Capital (a leading India-focused multi-stage fund) and RatnaTraya Capital (a boutique long-only equity fund), and also operated and exited a mid-sized business in India. Suruchi brings expertise in ML/AI and bioinformatics, strengthening the firm's research and data-driven investment strategy; she completed her PhD from the University of Pennsylvania and has led bioinformatics and ML projects at Pfizer and IIT Delhi. The fund is operationally headquartered at Diamond District, Lower Ground Floor, Corporate Tower B, 150 Old Airport Road, HAL 2nd Stage, Bengaluru 560008. The SEBI-registered address is Khata No. 150, Ward 73 of Kodihalli, HAL Airport Road, Mahanagara Palike — the underlying land parcel for the Diamond District complex.

Chirag Fialoke
Founder & CIO / SEBI Contact Person
Chirag Fialoke is the Founder and CIO of MS Capital and the SEBI-designated contact person for MS Capital India Fund. He has 10+ years of experience in Indian public markets combining private equity-style diligence with deep understanding of business operations. He previously worked at WestBridge Capital and RatnaTraya Capital, and operated and exited a mid-sized business in India. He holds a B.Tech from IIT Kharagpur and an MBA from Harvard Business School.

Suruchi Fialoke
CTO
Suruchi Fialoke is the CTO of MS Capital, bringing expertise in ML/AI and bioinformatics to strengthen the firm's research and data-driven investment strategy. She holds a B.Tech from IIT Kharagpur and a PhD from the University of Pennsylvania. She has led bioinformatics and ML research projects at Pfizer and IIT Delhi.

Shrinjana Mittal
Associate
Shrinjana Mittal is an Associate at MS Capital. She previously worked at RatnaTraya Capital and holds a degree from St. Xavier's College. She is a CFA Level III candidate.

Shivansh Vijayvargiya
Analyst
Shivansh Vijayvargiya is an Analyst at MS Capital. He holds a B.Sc. in Finance from NMIMS and is a CFA Level II candidate.

R. Gnanamani
AVP – India Operations
R. Gnanamani is the AVP for India Operations at MS Capital, bringing experience from Apex Group, CAMS, and Standard Chartered Bank. He handles fund operations, compliance, and investor services.
No insights published yet.
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.
View the investment manager profile with all PMS strategies and AIFs under MS Capital.