Steptrade Fund — Steptrade Capital | wisefolio

Steptrade Fund

Unlock High-Growth Potential Through Investment in AIF SMEs and Microcaps

IN/AIF3/23-24/1330Cat III

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

Overview

About

StepTrade Share Services Private Limited (formerly Ace Share Services Pvt Ltd) is a SEBI-registered Portfolio Manager (INP000008598) incorporated on 2 November 1993 in Ahmedabad, Gujarat. It is an investment management company offering AIF funds across SEBI categories, a PMS, and a Registered FPI Cat-3 fund in GIFT City. The firm is known for SME exchange-focused AIF investing. As of early 2026, AUM exceeds ₹400 crores. Registered Address: 726, Shyamal Iconic, Shyamal Cross Roads, 132 Feet Ring Rd, Shyamal, Ahmedabad, Gujarat 380015.

Investment Philosophy

Steptrade focuses on investing in unlisted and listed securities of SME and Microcap companies with a sector-agnostic approach. The firm identifies high-potential businesses at an early stage and invests with a long-term perspective using in-depth research, disciplined portfolio construction, and active management. It does not pursue short-term momentum, instead focusing on value, growth, and long-term investment outcomes.

Team— 8

Yash Bhanushali

Fund Manager – PMS

MBA Finance professional with over nine years of experience in financial markets. Leads research and investment decisions for the PMS division at StepTrade, ensuring strategic growth and value creation.

Kresha Gupta

Founder, Director & Fund Manager (Chanakya Opportunities Fund I & Steptrade Revolution Fund I) / SEBI Contact Person

CA Kresha Gupta is India's youngest Fund Manager and the driving force behind StepTrade Share Services. A Chartered Accountant who qualified at 20, she launched StepTrade's first AIF — also the country's first SME-Exchange-focused fund. With over seven years of experience in capital markets, she leads the Chanakya Opportunities Fund I and Steptrade Revolution Fund I & II. Her insights have been featured on CNBC Awaaz, Moneycontrol, Economic Times, Business World and Financial Times.

Ankush Kumar Jain

Director & Fund Manager (AIF) / Investment Committee

Ankush Kumar Jain, CFA, is a Director at StepTrade and Fund Manager (AIF) / Investment Committee member with over 15 years of expertise in Portfolio Management, Investment Research, and Due Diligence. He specialises in identifying high-growth opportunities and risk-optimised strategies. Prior to StepTrade, he held key roles at Edelweiss Group, Kunwarji, and Religare.

Akshay Dawra

Fund Manager – Chanakya Opportunities Fund II

Chartered Accountant with a strong background in investment management across private and public markets. At Steptrade Capital, he focuses on deal sourcing, deployment and portfolio monitoring with an emphasis on rigorous financial analysis and disciplined capital allocation. Previously Fund Manager at Ekamya Capital and worked at Finvox Analytics on M&A and valuations for global PE and VC fund clients.

Darshit Shah

Research Head

Chartered Accountant with seven years of experience in equity research, investment banking, valuation and financial modelling. Focuses on listed investments within the AIF portfolio at Steptrade Capital, combining analytical acumen with a strong passion for equity markets.

Registration

SEBI Registration

SEBI-registered

Reg. NumberIN/AIF3/23-24/1330

VintageAug 2023 · 3 yrs old

Valid ToPerpetual

Contact PersonKRESHA GUPTA

Address726, Iconic Shyamal, Shyamal Cross Road, 132 Ring Road, Satellite, Jodhpur Char Rasta, Ahmedabad, Gujarat, 380015

Insights

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Disclaimer

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