Trustline Holding PMS

Trustline Holdings Private Limited (also known as TrustLine Holdings Pvt. Ltd., SEBI PMS Reg: INP000002254, registered July 2007) is a Chennai-based boutique equity research and asset management firm specialised exclusively in Portfolio Management Services (PMS) and Alternative Investment Funds (AIF). Incorporated in March 2004, the firm operates under the brand 'TrustLine'. Its registered and corporate office is at 6/13, 3rd Floor, Equinox Building, Eastern Wing, North Avenue, Kesava Perumalpuram, R.A. Puram, Chennai 600028. The firm has achieved INR 1,000+ Cr in AUM with 600+ clients (as of January 2024) and launched the Intrinsic Deep Alpha AIF II in March 2025 with a first close of INR 175+ Cr within the first three months. It tracks and studies 800+ companies as part of its investment research. TrustLine is unique in being a pure-play fund management firm with no broking, distribution, or related intermediary businesses — a deliberate strategic choice to eliminate conflicts of interest. The firm's flagship PMS strategy, the 'Intrinsic Deepvalue Fund' (now Intrinsic Deep Value Fund), was launched in September 2007 and has delivered 16.38% CAGR over 18+ years (as on 31 Dec 2025), achieving 16x+ returns. TrustLine also manages Intrinsic Floater Fund (launched July 2012), a low-risk arbitrage strategy targeting FD+3-4% p.a., and Intrinsic Deep Alpha AIF (Category III AIF, SEBI Reg: IN/AIF3/18-19/0580), which was successfully closed (Series I) in January 2025 after raising INR 800+ million.