Amit Jeswani’s Stallion Asset eyeing mutual fund launch within next year and half

Reports coming in for today mention that Amit Jeswani's Stallion Asset is aiming to launch its mutual fund within the next year and half, joining the ranks of many celebrity fund managers who started with portfolio management services (PMS) and kicked off their mutual funds a few years later.

"It's just more tax-effective," stated Jeswani, speaking at the sidelines of an event. "Sooner or later, everyone will have to launch their funds."

The mutual fund industry is seeing an explosion in the number of new mutual funds, with players across the board, from quant-based AIFs to celebrity fund managers to research firms getting into the fray.

A slew of celebrity fund managers have started their own mutual fund: Samir Arora and Helios Mutual Fund; Sunil Singhania and Abakkus Mutual Fund; Vikas Khemani and Carnelian Mutual Fund; and Saurabh Mukherjea and his recently announced mutual fund.

Fund managers have been looking to tap the ever-growing pool of capital, as market participants keep put money into mutual funds and participate through systematic investment plans, which drives industry expansion.

Ahead of the fund, Stallion Asset will launch a Category 3 alternative investment fund (AIF) within the next few weeks. Stallion Asset Alternative Investment Trust received approval from the markets regulator Securities and Exchange Board of India (SEBI) on September 9, 2026.

The flagship PMS fund Stallion Asset Core Fund has an AUM of Rs 9,547 crore, with a six-month return of 25.3 percent. Since inception, the firm has had a compounded annual expansion rate (CAGR) of 28.4 percent, as compared to 14.1 percent by the benchmark, BSE 500 TRI index.

Amit Jeswani is the Founder and Chief Investment Officer (CIO) of Stallion Asset and has over 14 years of experience in the Indian capital markets.