Renowned fund manager Siddhartha Bhaiya died of a sudden cardiac arrest while on vacation in New Zealand, shocking the investing world.
Career Highlights and Investment Style
Bhaiya, 47, was famous for spotting small‑cap stocks that delivered massive returns. He often said he would have been a “bean counter” – an accountant focused only on numbers – if he hadn’t become an investor. Inspired by Warren Buffett, he believed long‑term consistency separates great managers from the rest.
Biggest Stock Wins
- Avanti Feeds – delivered about 100‑times (100X) the original investment.
- Apar Industries – around 50X returns.
- Sanghvi Movers – also about 50X.
- Other small‑caps like JSL, GAEL, HEG, Finolex Cables, and TIIL gave 20‑bagger results.
- Stocks such as HIL, Garware, CCL Products, Cosmo First, Maithan Alloys, Nilkamal, and Powermech produced more than 10X gains.
Market View and Investment Approach
Just weeks before his death, Bhaiya warned that the market was “a bubble of epic proportions,” not a healthy bull run. He said his team focused on each company’s fundamentals, valuation comfort, and growth prospects, which helped protect investors during market swings.
He was a strong believer in gold as a safety asset. At the end of November, about 81.5% of his ₹4,000‑crore fund was held in gold ETFs. He also pushed for diversification by buying international assets and moving away from relying solely on Indian equities.
Legacy
His fund, Aequitas, finished 2025 as a top performer among chartered‑accountant‑run PMS funds. Investors remember him for his disciplined, bottom‑up style and his ability to turn modest ideas into multibaggers.
Disclaimer
Remember, this is just a summary of Bhaiya’s track record and views, not investment advice. Do your own research and consider your personal goals before making any decisions.