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Cat III AIF · Long-Only · Open-Ended

SPVH Inflexion Growth Fund

Investing at the Moment of Maximum Change — Growth, Governance, and Inflexion in One Mandate.

A long-only Category III AIF that invests in great companies at the precise moment they are about to become exceptional — combining secular growth, pre-IPO access, and event catalysts through the proprietary PRISM framework.

28–35%
Target CAGR
Net of expenses · 4–5 year horizon
₹1 Crore
Minimum Investment
25–35
Portfolio Stocks
24 Months
Lock-in
₹2,000 Cr
3-Year Target Corpus
Investment Philosophy

Great Companies, at the Inflexion Point.

“

The greatest wealth is created not by identifying great companies — but by identifying great companies at the precise moment they are about to become exceptional. An inflexion point is where a business's earnings curve, market position, or competitive moat undergoes a non-linear acceleration. That is where we invest.

Fund Snapshot

Structure at a Glance.

Fund Category
Category III AIF — Long-Only Equity
Structure
Open-Ended · Domestic Indian Equity
Portfolio Size
25–35 Stocks
Minimum Investment
₹1 Crore
Lock-in
24 Months · Quarterly redemption thereafter
Fund Size Target
₹500–750 Cr (Seed) → ₹2,000 Cr (3Y)
Proprietary Framework

The PRISM Framework.

Five disciplined lenses for inflexion-point investing — phase identification, research intensity, inflexion signal recognition, scalability, and moat mapping.

P
Phase IdentificationMap each company's business phase — early-growth, scaling, dominant/mature, disrupted. Invest only in early-growth or scaling phases with a 5+ year runway; systematically disqualify mature and disrupted businesses.
R
Research-Intensive Due DiligenceMinimum 90-day primary research per position: management meets, customer interviews, supply-chain mapping, a 5-year financial model with scenario analysis, and regulatory/policy tailwind mapping.
I
Inflexion Signal RecognitionA proprietary 7-signal checklist: earnings acceleration, capacity addition, management upgrade, order-backlog surge, export-market entry, margin-expansion trend, or share capture from larger incumbents.
S
Scalability QuotientTotal Addressable Market must be ≥10x current revenues, with demonstrated unit economics that improve at scale. Prefer capital-light models with high operating leverage.
M
Moat MappingIdentify and document the specific moat — switching cost, network effect, cost advantage, intangible asset, or efficient scale. Re-validate annually; the exit thesis is constructed at inception, not at sell time.
Portfolio Construction

A Three-Tier Architecture.

Secular Growth Core — 40%

8–10 stocks. Five-year-plus compounders held for the full cycle — the durable engine of the portfolio.

Inflexion Opportunities — 35%

10–12 stocks where a specific inflexion signal has been identified. 2–3 year horizon to capture the non-linear acceleration.

Pre-IPO / Pre-Listing — 15%

3–4 positions sourced through the SPVH deal-flow network, with an 18–24 month liquidity-event horizon.

Tactical Cash — 10%

Dry powder deployed on corrections greater than 15% or when new inflexion signals emerge.

The Inflexion Edge

What Sets This Fund Apart.

A Unified Alpha Machine

PRISM combines inflexion timing, pre-IPO access, and event catalysts in one mandate — three distinct return drivers rather than a single quality-growth lens.

Proprietary Pre-IPO Pipeline

SPVH's deal-flow network provides pre-listing access not available in the open market — a structural sourcing moat that feeds the AIF allocation.

Timing, Not Just Quality

Phase identification adds a dimension most quality-growth funds miss — the timing of entry, capturing the moment of maximum change rather than paying up after the fact.

Agile by Design

A focused fund size preserves agility in mid-and-small-cap inflexion names that larger, capacity-heavy funds cannot meaningfully access.

Fees, Structure & Risk

Terms & Risk Architecture.

Management Fee
1.5% per annum on NAV
Performance Fee (Carry)
20% above 15% hurdle · high watermark
Fund Size Target
₹500–750 Cr (Seed) → ₹2,000 Cr (3Y)
Lock-in
24 Months · Quarterly redemption thereafter
Reporting
Monthly NAV · Quarterly LP Letter · Annual Investor Day
Pre-IPO Allocation
Up to 15% via SPVH deal-flow pipeline
≥28%
Target CAGR
<20%
Max Drawdown
≥1.5
Target Sharpe
25–35
Stocks
24M
Lock-in
Who It's For

Ideal Investor Profile.

Built for equity-oriented UHNI, family-office, and institutional capital seeking high-conviction inflexion growth with proprietary pre-IPO access.

UHNI (₹1Cr+) Family Office Institutional Co-Investor HNI (Equity-Oriented) High Risk Appetite 4–5 Year Capital Commitment SPVH Value Discovery Cross-Investor

Interested in the Inflexion Growth Fund?

Speak with our AIF team for the detailed PPM, fund terms, and onboarding process.

Disclaimer: SPVH Inflexion Growth Fund is a proposed Category III AIF and requires SEBI registration and compliance review prior to launch. All figures are indicative, forward-looking estimates and do not constitute guarantees. Investing in AIFs involves significant market risk including possible loss of principal. Past performance of comparable funds does not guarantee future results. Please read all scheme-related documents carefully. This page does not constitute an offer or solicitation.