Identifying emerging businessesbefore they become market leaders.
A research-driven portfolio management service focused on small, micro and emerging companies with scalable business models, strong management teams and long growth runways.
SEBI Portfolio Manager Registration INP000006545
The Firm
Investing beyondthe numbers.
A screen can tell you what a business earned last year. It cannot tell you whether the plant is running, whether the dealers are paid on time, or whether the founder is still hungry. So we go and look.
01
Focus on emerging opportunities
We back sectors and businesses benefiting from structural growth, technology transitions and market share gains.
Small, micro and emerging companies
02
Management interactions
We sit across the table from the people running the business. Capital allocation, succession, what they would do in a bad year — answers no filing contains.
500+ management interactions
03
Ground-level research
Investment insights are built through extensive field research and primary interactions, not desk work.
200+ plant visits every year
04
Deep industry mapping
We continuously track industry structures, value chains, competitive dynamics and long-term growth drivers.
Whole value chain, not single names
05
Extensive channel checks
Our research incorporates inputs from suppliers, dealers, distributors, customers and industry participants.
200+ industry interactions
06
Long-term ownership mindset
We invest with a business owner’s perspective rather than a trader’s mindset, and we are content to wait.
Held for years, not quarters
The whole point
Everything above exists so that by the time a business appears on everyone else’s screen, it has already been in your portfolio for years.
KRIIS Portfolio Private Limited opens its doors as a SEBI-registered portfolio manager and takes in its first discretionary capital under the Multicap Advantage Strategy.
SEBI Reg. INP000006545
2024
27 May 2024
KRIIS High Growth is launched
A second strategy joins the shelf: a concentrated portfolio of 6–8 emerging businesses caught early in their growth runway, held for the same 3–5 years.
Open for subscription
2024
16 August 2024
We cross ₹250 crore in assets
Growth driven almost entirely by referral from existing clients and their chartered accountants, rather than by distribution.
Assets under management
2025
15 May 2025
A new home at BKC
KRIIS moves to Bandra Kurla Complex, putting the team in the middle of the market it spends its days researching.
Mumbai
2026
15 April 2026
Abhishek Jain joins as Co-Fund Manager
Twenty years across buy-side and sell-side research join the desk, adding dedicated portfolio management alongside the research team.
Investment team
2026
17 September 2026
We cross ₹600 crore in assets
Two strategies, one research process, and the same written account of every decision reaching every client each month.
Assets under management
The Firm
An institution with a method.Led by people you can actually reach.
A research bench that has invested through more than one cycle, not just one bull market.
Chairman and Fund Manager
CA Rakesh Doshi
A Chartered Accountant with over 23 years of experience in equity investing, and an ICAI-certified Wealth Manager.He founded KRIIS on the conviction that disciplined value investing compounds wealth over time, and leads the firm’s investment philosophy and process. He also advises HNIs, UHNIs and corporates on their strategic and financial needs, and heads businesses in wealth management, tax and corporate advisory, and non-banking finance.
Chief Investment Officer
Shridhar S Iyer
Leads investment decision-making at KRIIS, overseeing stock selection and portfolio construction.He was previously Director of Equity, Institutional Sales at B&K Securities and a Research Analyst at Motilal Oswal Securities. He favours a reasonably diversified portfolio of high-quality businesses with durable competitive advantages. He holds an M.Com from Bombay University and a Master’s in Financial Management from JBIMS, and is an Associate Member of ICMAI.
Co-Fund Manager
Abhishek Jain
An investment professional with over 20 years across equity research, fund management and capital markets.He holds an MBA in Finance from XISS, Ranchi. As Head of Research and Fund Manager at KRIIS PMS, he focuses on identifying high-quality businesses with strong competitive advantages, sustainable growth and disciplined capital allocation. He has worked with HDFC Group, Dolat Capital and Alfa Accurate, and has been recognised by StarMine and Zee Business awards.
Managing Director
Bhavya Doshi
A CFA charterholder and a 2022 graduate of Bentley University, Boston, with a BSc in Corporate Finance and Accounting.As a Senior Analyst with the Bentley Investment Group, he built financial models and valuations of consumer-sector companies. At KRIIS, he contributes to the firm’s investment strategy and research, drawing on expertise in business valuation and behavioural finance. His approach is anchored in a long-term conviction in the growth of Indian equities.
Senior Analyst
Ajinkya Jadhav
Brings a mix of engineering, economics and new product development to equity research.A B.Tech in Chemical Engineering from UDCT Mumbai and a Master’s in Economics from GIPE, with new product development experience at Tata Motors. He has over five years of equity research experience spanning institutional sell-side and buy-side, with a specialised focus on defence, aerospace, space, semicon and chemicals. At KRIIS, Ajinkya drives investment innovation by generating thematic and strategic ideas that contribute to long-term alpha, engaging in primary research.
Senior Analyst
Jainam Doshi
A Chartered Accountant who has also completed the CFA program, with over a decade of experience.He brings a strong foundation in finance, forensics, valuation and investment analysis, and is sector agnostic in identifying niche businesses that offer compelling value and sustainable growth propositions, leading to consistent compounding of wealth over a longer timeframe. Mindful investing is not merely a passion for him. He adheres to the principle that it is a moral responsibility an analyst carries towards the deployment of investors’ hard-earned money.
Analyst
Bhavya Dedhia
A Chartered Accountant and CFA Level II cleared, with 2.5 years of investment research at KRIIS PMS.His work involves fundamental research, financial analysis and the evaluation of businesses across sectors, with a focus on identifying long-term investment opportunities. He brings a disciplined, research-driven approach to understanding businesses, assessing their financial performance and supporting investment decisions. He has worked with KPMG and Apollo Global Management.
Analyst
Rochwin Correia
Focused on fundamental research across the Consumer sector, covering both Staples and Discretionary.He has over four years of experience in financial markets and more than two years in Consumer sector research. He holds a PGDM in Finance and a Bachelor of Management Studies (BMS) in finance, and is currently pursuing the CFA Program. He has also completed NISM certifications in Research Analysis and Equity Derivatives, along with a Finance & Accounting certification from IIM Bangalore.
Analyst
Tanuj Khiyani
Focused on fundamental research and investment analysis across Indian equities.A graduate of H.R. College, Mumbai with a Bachelor of Management Studies degree, he has over four years of professional experience across sell-side equity research and buy-side investing, and has cleared CFA Level I.
Head of Operations
Ranuj Nair
Leads operations at KRIIS, overseeing the processes behind every client portfolio.His responsibilities span client onboarding, trade settlement, fund and securities reconciliation, and client reporting, and he coordinates closely with custodians, brokers and fund accountants to keep portfolio administration accurate and seamless. He brings over 35 years of capital markets experience, built on a deep grounding in equity custody operations, including 15 years in the portfolio management services industry.
Company Secretary
CS Mansi Dedhia
A qualified Company Secretary from ICSI with over six years of experience in corporate and securities law.Her expertise includes secretarial compliance audits and legal due diligence. At KRIIS, she leads legal and compliance, making sure the firm meets all applicable regulatory and statutory requirements. She also holds the NISM-Series V-A: Mutual Fund Distributors certification.
Legal Services Consultant
Saanchi Dhulla
An advocate whose practice spans civil and commercial litigation and legal advisory.She advises on disputes, contracts, compliance, employment, intellectual property, property, debt recovery and succession, and represents clients in courts across Mumbai including before the Bombay High Court, NCLT, SAT and DRT. She previously trained with law firms in litigation and corporate transactions, and served as a judicial intern to Justice Gautam S. Patel (Retd.) of the Bombay High Court. She holds an LLB and a Post Graduate Diploma in Securities Law (first in batch) from Government Law College, Mumbai, where she received the M. C. Chagla Academic Award, and is pursuing an LLM at Maharashtra National Law University, Mumbai.
Recognition
Awards andrecognition
Third-party assessments of the work, and where our thinking has appeared.
April 2026
Top 10 PMSKRIIS Multi Cap Advantage was ranked among the top 10 PMS strategies in India for April 2026, in the monthly performance rankings published by PMS AIF WORLD.
Awards and rankings are given by third parties on their own criteria. They are not an indicator of future performance or a recommendation to invest.
