Overview
- Siddhartha Bhaiya, 47, died on Dec. 31, 2025 after a sudden cardiac arrest while on a family vacation in New Zealand, the company said on Jan. 2.
- Aequitas told clients it remains fully aligned with his long-term philosophy, continues normal operations, and will contact investors who have questions.
- Founded in 2012 by Bhaiya, the PMS/AIF platform has grown to roughly ₹7,700 crore in assets, with him serving as managing director and chief investment officer.
- His flagship PMS strategy was reported to have delivered about 34% CAGR and roughly 2,800% absolute returns, cementing his reputation as a small-cap multibagger picker.
- In 2025 he warned about stretched valuations and positioned funds defensively with high cash levels, gold ETFs, and international diversification, as peers now post wide tributes to his legacy.