Lakewater Advisors Private Limited • Equity
India Growth is an equity portfolio management service (PMS) strategy run by Lakewater Advisors Private Limited, launched on 20 Jun 2019. As of 30 Sep 2026, it manages ₹31.54 Cr of client assets and is benchmarked against the Nifty 50 TRI. Its reported trailing returns are +5.52% over 1 year, +5.04% over 3 years and +1.38% over 5 years (+9.27% since inception). Over 3 years, the Nifty 50 TRI returned +6.06%, so the strategy is 1.02 percentage points behind of its benchmark. Its 3-year return ranks 170th of 220 PMS strategies benchmarked to the Nifty 50 TRI. The minimum investment is ₹50 Lakhs. The strategy is managed by Pankaj Singhania.
Ranked nearby on 3-year return: Pelican PE Fund (+5.22%), Trivantage Capital Resurgent Financials Equity Portfolio (+5.07%), Ultima Select (+5.02%), TruBlu (+4.98%).
Returns and AUM as of , as reported to APMI. Last checked . Source: public PMS performance disclosures. Returns are as reported by the portfolio manager; past performance is not a guarantee of future returns.
| Period | Return |
|---|---|
| 1 Month | -4.93% |
| 3 Months | -5.41% |
| 1 Year | +5.52% |
| 3 Years | +5.04% |
| 5 Years | +1.38% |
| Since Inception | +9.27% |
| management fee | Fixed Fees: 2% / 1.5% / 1 % |
| performance fee | Variable Fees: Hurdle: 12% / 20% Profit Sharing : 10% / 20% |
| exit load | NIL |
A PMS needs at least ₹50 lakh. Before you commit, get a second opinion on fees, benchmark and fit from Foliyo, a fee-only SEBI Registered Investment Adviser.
Book an intro callIndia Growth has a 1-year return of +5.52%, a 3-year return of +5.04%, a 5-year return of +1.38% and +9.27% since inception as of 30 Sep 2026. Past performance is not indicative of future results.
Over 5 years, India Growth returned +1.38% against +6.38% for the Nifty 50 TRI, 5.00 percentage points behind. Over 3 years it returned +5.04% against +6.06%; Over 1 year it returned +5.52% against -7.09%. Figures as of 30 Sep 2026.
Among 220 PMS strategies benchmarked to the Nifty 50 TRI with a 3-year track record, India Growth's 3-year return of +5.04% ranks 170th as of 30 Sep 2026.
India Growth is managed by Pankaj Singhania at Lakewater Advisors. The strategy manages ₹31.54 Cr of client assets as of 30 Sep 2026.
India Growth manages ₹31.54 Cr of client assets as of 30 Sep 2026.
The fee structure for India Growth includes: management fee: Fixed Fees: 2% / 1.5% / 1 %; performance fee: Variable Fees: Hurdle: 12% / 20% Profit Sharing : 10% / 20%; exit load: NIL.
The minimum investment for India Growth is ₹50 Lakhs.
India Growth was launched on 20 Jun 2019. It has a 7-year track record.
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