August 2026 market commentary
Our latest published perspective on markets and the environment facing long-term investors.
Read the latest commentaryEvery business we own has been through a conversation with the people who run it. A ring-side view of the operation, not a spreadsheet view of it.
A disciplined approach to growth and capital protection.
One performance-linked fee. Our capital invested alongside yours. Same model. Same terms.
Returns as on 31 August 2026, since inception, against the BSE 500. Performance related information is not verified by SEBI. Past performance is not indicative of future results.
KRIIS is a SEBI-registered, research-driven portfolio management service. We invest across large, mid and small caps in well-managed businesses with durable earnings and long growth runways. Compounding capital for families who measure wealth in generations rather than quarters.
SEBI Portfolio Manager Registration INP000006545
Every company we own must answer three questions and pass six tests. The most important test cannot be done from a desk.
A total addressable market (TAM) big enough to sustain a decade or more of growth.
Growth financed by the company’s own retained earnings, not by debt or equity dilution.
Room to reinvest profits at high returns, protected by a durable competitive moat.
We meet every promoter in person. Integrity is a hard filter, never a footnote.
How management deployed its last rupee tells us how it will deploy the next.
We pay for growth, but never at any price, and we always keep a margin of safety.
A promoter, asked the right question across a table, tells you what the business will do with its next rupee of capital. We have built the firm around getting into that room.
No annual management fee. Your capital is not charged simply for being with us. A flat performance-linked fee is the only fee we take.
Our money is in the same model. The promoters invest their own capital through the identical portfolio, at the same time, on the same terms.
Direct access, not an account manager. When you have a question about a holding, you speak to the person who decided to buy it.
Two discretionary equity strategies. One method behind both.
Approximately twelve to fifteen stocks, across market caps.
A core, all-weather Indian equity portfolio. Large caps provide the stability, mid and small caps provide the compounding.
Approximately six to eight stocks, almost entirely mid and small cap.
A long-term allocation for a three to five year horizon, run tighter than the Multicap portfolio on both position and sector limits.
SEBI Disclaimer: Performance related information displayed on this website is not verified by SEBI. Past performance is not indicative of future returns. Investments in securities are subject to market risk. Please read the Disclosure Document carefully before investing.
A research bench that has invested through more than one cycle, not just one bull market.

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