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Bharat Growth Trust (IN/AIF2/25-26/2037) is a SEBI-registered Category II Alternative Investment Fund sponsored by Swastika Investmart Limited (BSE: 530585) and managed by Avisa Wealth Managers Private Limited — a wholly-owned subsidiary of Swastika Investmart. The fund received its SEBI Certificate of Registration effective February 10, 2026. Swastika Investmart Limited is a Indore-based, BSE-listed stockbroking and financial services firm founded in 1992 by Sunil Nyati as part of the Swastika group of Rajasthan (diversified business since 1959). The company provides stock broking (NSE, BSE, MCX), depository services (NSDL, CDSL), portfolio management, investment advisory, merchant banking, and distribution services, operating from its registered office in Mumbai and administrative headquarters in Indore with 100+ offices nationwide. The fund's SEBI registration is filed under the Jaora Compound, MYH Road, Indore address.
As a Category II AIF sponsored by Swastika Investmart, Bharat Growth Trust draws on Swastika's 32+ years of capital markets experience and Avisa Wealth Managers' investment management expertise. The fund targets growth-oriented private market investments, leveraging Swastika's pan-India distribution network, research capabilities, and institutional relationships to source and manage a portfolio of growth-stage opportunities across sectors.
Sunil Nyati
Chairman & Managing Director, Swastika Investmart Limited (Sponsor) / SEBI Contact Person
Sunil Nyati is the founder, Chairman and Managing Director of Swastika Investmart Limited since 1992, and the designated SEBI contact person for Bharat Growth Trust. He belongs to the Swastika group of Rajasthan, a diversified business conglomerate operating since 1959. Under his leadership, Swastika has grown from a leasing and hire-purchase company into a full-service capital markets firm with 100+ offices across India.
Parth Nyati
Chief Executive Officer & Whole-Time Director
Parth Nyati was appointed CEO in February 2025 and has served as Whole-Time Director since June 2024. Previously, he was the Chief Technology Officer at Swastika Investmart and has expertise in technology leadership and strategic business management.
Devashish Nyati
Chief Technology Officer
Devashish Nyati brings experience in global markets and a vision for enhancing the company's technological infrastructure to drive growth and improve client experiences.
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