3P India Equity Fund

Overview

3P India Equity Fund is an open-ended mutual fund managed by 3P Investment Managers, focusing on long-term capital appreciation through investments in listed Indian equities. The fund aims to achieve this objective by investing in permissible securities and instruments in accordance with the fund documents and regulations. As of April 30, 2026, the fund has assets under management of ₹16,404 crore (approximately $1.7 billion). The fund is managed by Prashant Jain, the founder and Chief Investment Officer of 3P Investment Managers, and Ashwani Kumar, the Portfolio Strategist and Co-Fund Manager. Prashant Jain brings 34 years of experience in Indian equities, having previously served as the Chief Investment Officer at HDFC Mutual Fund. He holds a BTech from IIT-Kanpur and a PGDM from IIM-Bangalore. The fund is a Category III Alternative Investment Fund (AIF) and is open-ended, with no lock-in period and zero exit load. It is denominated in Indian Rupees and is available for resident investors. The first allotment date was May 4, 2023. The fund features bi-monthly post-tax NAV for transactions, providing transparency and regular updates to investors. 3P Investment Managers, founded in September 2022, is an investment management firm with a sharp focus on listed equities in India. As of April 30, 2026, the firm manages assets worth over ₹23,510 crore (approximately $2.5 billion) for more than 1,400 families. The firm's investment philosophy is encapsulated in its name: Prudence, Patience, and Performance. This approach emphasizes investing in sustainable and reasonably valued businesses, maintaining a long-term horizon, and achieving performance through these principles. The firm's team comprises 21 professionals, blending experience and youth. Senior members have held key leadership roles and had long stints with highly successful organizations. The firm's partners and associations include Deutsche Bank for fund accounting and custody, Deloitte Haskins & Sells LLP as the statutory auditor, Ernst & Young as the tax consultant, IC RegFin Legal as legal consultants, KFINTECH as the registrar and transfer agent, and Vistra ITCL as the trustee.