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Wealth Creators and Nation Builders.
Managed by NAV Capital
Private equity, private credit and real-estate funds that don't employ leverage except for operating needs. The largest AIF category.
Navbharat Capital Trust (IN/AIF3/24-25/1700) is a SEBI-registered Category III AIF and the Indian AIF vehicle of NAV Capital — a Dubai-based wealth management and investment firm regulated by the Dubai Financial Services Authority (DFSA) — managed in India by NAV Capital Ltd. The fund operates under the brand NAV Bharat Investment Opportunities Fund, launched in January 2025 with a target corpus of INR 500 crore. This is NAV Capital's first offering to resident Indians. The fund is sector-agnostic, targeting small and medium Indian businesses with high growth potential, primarily focusing on pre-IPO opportunities and strategic growth capital across banking and financial services, consumer goods and retail, chemicals and materials, technology and innovation, and infrastructure and logistics. NAV Capital was founded in Singapore/Dubai and has built its investment track record through the NAV Capital Emerging Star Fund, a Singapore-based FPI focused on Indian listed equities, which grew to approximately INR 700 crore AUM and delivered 180% returns in 20 months. The firm's investment approach is akin to private equity in public markets — engaging with investee companies through governance and business development support without board interference. Vineet Arora, Managing Director and CIO, built the firm's AUM from USD 10 million to over USD 150 million within four years. Registered office: 5W, 5th Floor, The Metropolitan Building, E Block, Bandra Kurla Complex, Mumbai 400051. India operational office also at Ahmedabad (Bodakdev).

Vineet Arora
Managing Partner & CIO; SEBI Contact Person
Vineet Arora is Managing Partner and Chief Investment Officer of NAV Capital, and has served as Managing Director since January 2022. He is a seasoned private banker with over two decades of experience managing global family office portfolios and multi-jurisdiction wealth operations. He scaled NAV Capital's AUM from USD 10 million to over USD 150 million within four years. Before NAV Capital, he headed the Global Wealth division at First Global, and previously held key roles at Deutsche Bank, Abu Dhabi Commercial Bank, IIFL Wealth, and Citibank. He holds an MBA in Marketing and Finance from T.A. Pai Management Institute (TAPMI), Manipal (1995–1997) and a BCom from Goswami Ganesh Dutta SD College.

Venkatram Mandalapu
Managing Partner
Venkatram Mandalapu is Managing Partner at NAV Capital Ltd (India).

Prateek Sanghi
Managing Partner
Prateek Sanghi is Managing Partner at NAV Capital Ltd (India).

Akshay Sangtani
Vice President

Alvin Nair
Senior Research Analyst

Ganesh Natarajan
Senior Research Analyst

Meeti Jain
Research Analyst
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.

Jatin Agrawal
Research Analyst

Aanchal Dua
Investor Relations

Taniya Vyas
Senior Manager – Operations

Akansha Kondinya
Manager – IR & Compliance
View the investment manager profile with all PMS strategies and AIFs under NAV Capital.