Unicorn Fund — Unicorn India Ventures | wisefolio

Unicorn Fund

Protect. Perform. Progress.

IN/AIF3/25-26/1858Cat III

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

Overview

About

Unicorn Fund (SEBI Reg. IN/AIF3/25-26/1858) is a Category III AIF registered in July 2025, managed by Unicorn Investment Managers LLP, a SEBI-registered Portfolio Management Services (PMS) and AIF manager based in Mumbai. Unicorn Investment Managers LLP (PMS Reg. INP000008923) was founded with a client-centric philosophy built on India's structural economic growth story. The firm offers a curated alpha-creation process combining fundamental and technical research across its PMS strategies, and has now registered its first AIF. Unicorn's PMS platform operates from its Lower Parel, Mumbai office, with contact at invest@unicornim.in and +91-22-6666 2211. The firm is led by MD & CEO Pawan Mehar, who brings nearly 20 years of financial services experience from ICICI Prudential AMC, Aditya Birla AMC, and Fundvaliz. The SEBI registration address for the AIF (Block M5, Sumel 10, Saraspur, Ahmedabad) is the address of the fund's legal counsel, Singhania & Co. law firm, and is not the operational address of the manager.

Investment Philosophy

Unicorn follows a disciplined 3P investment approach: Protect, Perform, and Progress. The firm prioritises capital protection first, then focuses on generating consistent performance and long-term portfolio growth. Its strategy uses systematic capital allocation across sustainable growth sectors, combining momentum, quality, value, and volatility frameworks. By blending diversification with high-conviction opportunistic equity investments, Unicorn aims to deliver sustainable wealth creation across market cycles.

Team— 6

Nisarg Popat

SEBI Contact Person

Nisarg Popat is listed as the SEBI contact person for the Unicorn Fund AIF registration (July 2025). He is associated with the fund at its Ahmedabad registration address.

Kailash Gupta

Chairman

Kailash Gupta is a Chartered Accountant and the founder of Esskay International, a three-time Export award-winning organisation. He has over 40 years of experience in the export and financial sector and guides the Unicorn Board in financial and business matters.

Pawan Mehar

MD & CEO

Pawan Mehar is the MD & CEO of Unicorn Investment Managers LLP with nearly 20 years of financial services experience. He has worked with ICICI Prudential AMC, Aditya Birla AMC, and Fundvaliz, advising affluent investors and building tech-enabled multi-asset investment platforms.

Rutvik Pathak

Compliance Officer

Rutvik Pathak brings over 17 years of experience in financial markets. He has driven strategic initiatives and operational excellence, previously contributing at Fundvaliz, India Infoline, and Kotak Securities.

Het Shah

Research Analyst

Het Shah specialises in small and midcap investing using factor-based and quantitative strategies. A University of Toronto graduate, he has worked at ProAlpha Capital and QED Capital, focusing on high-quality momentum companies with strong risk-adjusted returns.

Yash Jadhav

Dealer

Yash Jadhav has experience in the Equity and Mutual Funds industry and continuously strengthens his analytical and execution skills.

Registration

SEBI Registration

SEBI-registered

Reg. NumberIN/AIF3/25-26/1858

VintageJul 2025 · 1 yr old

Valid ToPerpetual

Contact PersonNISARG POPAT

AddressBlock M5 Sumel 10 Phase I, M H Mill Compound Opp Ambedkar Hall Saraspur, Ahmedabad, Gujarat, 380018

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Disclaimer

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