8.373 F Class USD NAV, May 26, 2026 |
India Investment Experts
Bay Capital India First - UCITS
About Bay Capital
Bay Capital is an independent investment firm established in 2006
We are dedicated to a single, long-standing investment strategy
We back founder-led businesses with moats following four themes of consumption, digitization, financialisation, and i-outsourcing
We share common passion for investing, and our culture embraces constructive debate, innovation, and the pursuit of continuous improvement
About This Fund
A concentrated portfolio of 25 to 50 Indian companies chosen with an ownership mindset focusing on longer term investment gains.
Quality franchises with strong leadership, impeccable governance and significant potential for high growth and high ROCE.
Low churn as wealth generation is via “Holding” rather than “Trading” with tax and expense benefits accruing to the investor.
Strong sell discipline initiated due to excessive valuations, thesis proved wrong, capital misallocation, governance red flags or better risk/reward opportunity.
The Devil’s Advocate program involves a thorough evaluation of “why not to invest” to safeguard against risks & blind spots with a dedicated “Contra” analyst for each position.
Key Facts
Benchmark
iShares MSCI India ETF
[Ticker: INDA US]
ISIN
USD: IE000NZXSJR7
GBP: IE000XUM6BL2
EUR: IE00076NBGX0
Investment Manager
Bay Capital Partners UK Limited, London
Sub-Advisor
Bay Capital Investment Advisors Pvt Ltd, India
Why This Fund?
Access long-term structural growth story of the 4th largest and fastest growing economies in the world!
Researched by the boots-on-the-ground investment analyst team with extensive experience and local market insights.
A risk-analysed bouquet of our best investment ideas in India.
Siddharth Mehta
Chief Investment Officer
Siddharth Mehta Manages Bay Capital India First–UCITS Fund and serves as Chief Investment Officer at Bay Capital.
Ravi Srivastava
Sub-Advisor to the Investment Manager
Ravi Srivastava heads the Sub-advisory team, where he leads idea generation, deep-dive research, and investment recommendations that drive transparent, data-backed decision-making.
Bhavesh Shah
Chief Operating Officer
Bhavesh Shah is a Director at Bay Capital ICAV and serves as Head of Operations & Compliance at Bay Capital Partners UK Ltd, London.