Arvind Kothari
Founder
I always wanted to be an entrepreneur and start a business but it became clear early that I lacked all the organization skills – except for risk-taking and grit. With these two armours in my arsenal, it became obvious to me that only Niveshaay (investing) could be my outlet and my only shot at entrepreneurship.
Over time, extremely passionate and hardworking folks joined me. Still, we all were a bunch of crazy research geeks roaming around from plant to plant and city to city in search of good businesses not having any mentor in the fund management industry to guide us on how to approach things. We faced numerous setbacks and failures, but managed to stick around somehow.
In hindsight, it all makes sense; we were always connecting the dots. The outcome of our hard work kept on creating milestones, yet we constantly wondered if there could be a better way of doing things and continued to refine our process while searching for that missing link. Fixing research is a never-ending task and we think it will take more than a lifetime to perfect it but we have come far in our research journey. Our approach of scuttlebutt and relationship-building in business led us to exceptional entrepreneurs in both listed and unlisted spaces. Just 5-6 years ago, investing in unlisted space was unattainable, but by the grace of God, we pivoted and began investing there, led by exceptional entrepreneur.
We dream to back our heroes (entrepreneurs) with capital and capabilities by offering connections built over the years, introducing them to our ecosystem of research, excellent consultants, and peer group advisory.
Invest
The Entrepreneur
Way
Niveshaay Hedgehogs Fund
A strategic allocation of capital in listed and unlisted securities in high-growth emerging sectors
Open Ended Category – III AIF
Niveshaay Sambhav Fund
Early access to tomorrow’s leaders, where capital meets untapped potential
Open Ended Category – III AIF
Mid and Small Cap Focused Portfolio Fundamental
Invest in high-growth emerging companies with scuttlebutt edge
smallcase
Our core focus is on small & mid-sized companies. We believe in ‘Thinking the Entrepreneur Way’ and prioritize the ‘Scuttlebutt Way of Investing‘. This unique approach sets us apart in identifying good companies in high-growth sectors.
Alternative Investment Funds
We aim to provide a strategic allocation of capital in listed and unlisted securities in high growth emerging sectors via our AIFs
-
Niveshaay
Hedgehogs Fund
Open-ended Category – III AIFThis fund offers a unique, diversified investment strategy by prudently allocating capital across both listed and unlisted securities, with a strong emphasis on mid and small-cap companies. We strive to identify emerging trends early. With the flexibility of an open-ended structure, the fund provides greater liquidity, while aiming for long-term capital appreciation.
Download
-
Niveshaay
Sambhav Fund
Close-ended Category – II AIFThis fund aims to back exceptional founders and visionary businesses, partnering deeply through their growth journey. It is designed for investors with a long-term horizon who are willing to commit capital to unlock higher growth potential through conviction-driven investments.
Download
Pick your smallcase
-
Mid and Small Cap
Focused PortfolioHigh Volatility
This portfolio contains mid and small cap size companies available at reasonable valuations with strong market hold.
Min. investment
₹ 153,2213Y CAGR
56.6%Get access from
₹1499/month -
Green
EnergyHigh Volatility
A portfolio of stocks, which will get benefit from the Renewable Energy sectors development.
Min. investment
₹ 53,3903Y CAGR
56.6%Get access from
₹1499/month -
Trends
TrilogyHigh Volatility
It aptly combines the three inter-related trends of investing: Business, Financial & Price trends.
Min. investment
₹ 58,2483Y CAGR
56.6%Get access from
₹1499/month -
Niveshaay Consumer
Trends PortfolioHigh Volatility
Invest in India’s Great Consumption Boom.
Min. investment
₹ 296,7233Y CAGR
56.6%Get access from
₹1199/month -
Make In
IndiaHigh Volatility
A smallcase that plays on India’s expanding manufacturing sectors.
Min. investment
₹ 65,4473Y CAGR
56.6%Get access from
₹1199 -
Niveshaay IPO Basket
FundamentalHigh Volatility
A smallcase designed to strategically invest in newly listed companies by leveraging post-listing performance.
Min. investment
₹ 68,3903Y CAGR
56.6%Get access from
₹999/month
“The journey of Niveshaay is one of grit, passion, and relentless learning. We continue to evolve, aiming for excellence with every step we take....”
-
Arvind Kothari
Founder
CLIENT REVIEWS
What our clients say
-
I began my investment journey with them through Smallcase, then moved to their equity research services, and have now finally invested in the Niveshaay AIF
I am a great admirer of Arvind Ji’s Scuttlebutt style of investing, especially the way he identifies emerging growth opportunities in small and mid-sized companies. Their focus on thematic buckets such as Solar, Railways, Defence, Consumption, and Textiles has always impressed me.
I feel extremely happy and proud to be associated with Arvind Ji and his exceptional team. They are highly professional, always approachable, and ever-ready to support with a warm smile. Arvind Ji possesses not only deep knowledge and wisdom but is also remarkably humble and down to earth.
Awadhesh Kr. Pandey
CFO
Damlia Cement -
We’ve been investing with Niveshaay for over two years now, and it’s been a rewarding experience.
Their research-driven investing style, focused on high-conviction reminds us of the kind of rigor we value at Think School. In fact, Niveshaay is the Think School of the investing world: deeply analytical, independent, and never driven by noise.
They don’t chase trends. They build portfolios with patience, principle, and purpose.
The team is humble, responsive, and incredibly sharp. They’ve helped us stay calm and informed through every market phase. It truly feels like a partnership, not a service.
If you want long-term wealth creation backed by real research, Niveshaay is a no-brainer.
Parsh Kothari
CEO & Co founder
Think School -
We have been associated with Niveshaay since 2023-2024, and the experience has been phenomenal.
Their in-depth research and strategic portfolio management have delivered excellent returns on our investments. The entire team is highly professional, responsive, and helpful at every step. All processes — from onboarding to regular updates — have been streamlined and hassle-free. Niveshaay has truly set a benchmark in personalized investment advisory, and we look forward to a long-term association.
Mr. Gobind Ram Choudhary
Managing Director
ANMOL INDUSTRIES LTD -
I have known Arvind since his formative years as a Chartered Accountancy student,
where his intelligence, curiosity, and dedication were clearly visible. It has been a pleasure to witness his growth into a sharp, dependable, and impactful professional. What makes this journey especially fulfilling is the transition from being his mentor to now his client—a rare and rewarding experience. Niveshaay, under able leadership of Arvind, exemplifies professionalism, integrity, and a commitment to excellence.
CA Jay Chhaira
Central Council Member, ICAI
-
Your thoughtful approach, depth of knowledge, and dedication have truly made a difference in my financial journey.
I value most about working with you is your entrepreneurial approach to investing. You don’t just look at numbers—you approach each opportunity with the mindset of a business owner, carefully assessing risks and upside potential in a way that reflects deep conviction and long-term thinking. This perspective has given me greater confidence in our investment decisions.
Niveshaay’s ability to evaluate and identify the right management teams is another quality I greatly admire. The emphasis you place on leadership, vision, and execution when assessing a company speaks volumes about your commitment to investing in businesses, not just stocks. It’s a rare skill that sets you apart in today’s market.
I’ve also been particularly impressed by your use of the art of scuttlebutt—gathering real-world, ground-level insights that often go unnoticed by traditional analysis. Your diligence in going beyond the data, speaking to customers, competitors, and industry insiders, provides a competitive edge that I deeply respect and benefit from.
Prateek Kapoor
Director
Shubham Group -
Partnering with NIVESHAAY has been a transformative experience in my investment journey.
What truly distinguishes NIVESHAAY is their boots-on-the-ground, scuttlebutt-style investment research. They go far beyond financial statements—engaging with management, suppliers, distributors, and even competitors to uncover nuanced insights that the market often overlooks. It’s this on-the-ground diligence and 360° view that builds deep conviction in their stock ideas.”
“Equally impressive is their approach to communication. NIVESHAAY excels at translating detailed research into clear, actionable insights. Whether through well-structured reports, timely updates, or personal interactions, their communication is always transparent, educational, and aligned with my investment goals.”
“They embody integrity, depth, and a genuine commitment to long-term wealth creation.”
Karna
Semiconductor Design Leader
Hyderabad
Our Research
Our core expertise lies in Equity Research, where we differentiate ourselves through a truly holistic approach. Rather than focusing solely on numbers, we delve deep in understanding the business in great detail, and take on-ground approach to offer comprehensive insights that encompass value chain analysis, financials, and valuations.
Featured In
-
The China+1 Strategy can significantly boost India’s manufacturing sector and help…
-
In this edition of ETMarkets Smart Talk, Arvind Kothari, smallcase Manager and Founder of…
-
The Indian primary market is all set to witness nearly 1,000 new initial public offerings (IPOs) …
-
Below the Quote on AMFI data December 2024 by Arvind Kothari, smallcase Manager and Founder…
-
We believe that ongoing investments in energy infrastructure and the shift…
-
Infrastructure as a broad segment was always high on the market radar but now it..
-
The recent election outcomes have introduced a new layer of uncertainty into the markets,…
-
Creating an ideal investment portfolio is akin to selecting a cricket team, says Arvind Kothari,..
NIVESHAAY INVESTMENT ADVISORS
508, SNS Platina, Near Someshwara Enclave, Vesu, Surat, Gujarat-395007
(+91) 7859870559
research.smallcase@niveshaay.com (Smallcase)
NIVESHAAY INVESTMENT MANAGEMENT PRIVATE LIMITED
610, SNS Platina, Near Someshwara Enclave, Vesu, Surat, Gujarat-395007
(+91) 7836915478
contactaif@niveshaay.com (AIF)
SEBI Registration No. : INH000017338, IN/AIF3/24-25/1571, IN/AIF2/24-25/1607 | BASL Membership ID: 6276
Disclaimer:
Investment in Securities Market are subject to market risks. Read all related documents carefully before investing.
Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
The securities quoted are for illustration only and are not recommendatory
NIVESHAAY INVESTMENT ADVISORS © . All Rights Reserved., NIVESHAAY INVESTMENT MANAGEMENT PRIVATE LIMITED © . All Rights Reserved.Smart ODR