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Fund Manager

Janak Kotecha

Fund Manager · Prithvi Finmart Private Limited

A chartered accountant who has been with the Prithvi group since its early days and is now the named fund manager — and registered Principal Officer — of Prithvi Finmart's single PMS approach, the Prithvi Balance portfolio. It launched in July 2023, so the record is short, and very little about his background is independently checkable.

Chartered Accountant Registered Principal Officer for Prithvi Finmart's portfolio management business Named fund manager of the firm's sole PMS approach since July 2023, per APMI Work experience is recorded as 'NA' on APMI as of 31 July 2026 — no verified figure is available
AUM
₹185.04 Cr
tracked strategies
Since inception
+21.49%
CAGR · 2026-06-30
1-year
+12.77%
Trailing · 2026-06-30
Minimum
₹50 lakh
recorded on APMI — SEBI's regulatory floor for PMS in India
The short version

Is Janak worth your time?

Our read

A single-strategy manager at a Mumbai broking and financial services firm. APMI names Janak Kotecha as fund manager of the Prithvi Balance portfolio, Prithvi Finmart's only PMS approach, running since 11 July 2023 against the BSE 500 TRI. He is a chartered accountant and the firm's registered Principal Officer, so the investment seat and the regulatory point of accountability sit with the same person. Beyond that, the public record is thin: the firm's own website serves no readable biography, APMI records no work-experience figure for him, and what circulates on research platforms comes from the firm itself. Separately, SEBI fined Prithvi Finmart ₹3 lakh in November 2025 — in its broking business, not its PMS, and without naming him.

Suits

Investors who want a single, clearly attributed decision-maker at a small firm and are comfortable underwriting a three-year record rather than a cycle-tested one. The attribution is clean — APMI names one person on one strategy, with no co-manager — and the mandate is a straightforward diversified equity book against a broad benchmark. What it asks of you is diligence that the public record cannot do for you: the manager's background is essentially unverifiable outside firm-supplied material, and you would be relying on documents obtained directly rather than anything you can check independently beforehand.

Profile

About Janak Kotecha

Janak Kotecha is a chartered accountant and the fund manager of the Prithvi Balance portfolio at Prithvi Finmart Private Limited, a Mumbai financial services firm incorporated in 2008 and registered with SEBI as a portfolio manager under INP000004441. He is also the firm's registered Principal Officer for the portfolio management business.

APMI records him as the sole named fund manager of the firm's only investment approach, which began on 11 July 2023. The firm's own account describes him as having joined the Prithvi group at its inception and as having expanded his responsibilities to include portfolio management. His detailed career history is not published in any source that could be independently verified for this profile, and is deliberately not reconstructed here.

The person

Career

  1. 11 Jul 2023 – present

    Fund Manager, Prithvi Balance portfolio, Prithvi Finmart Private Limited

    The firm's only PMS investment approach. APMI records him as its sole named fund manager as of 31 July 2026.

  2. present

    Principal Officer, portfolio management business, Prithvi Finmart Private Limited

    He holds the regulatory accountability role for the PMS alongside the investment seat, rather than the two being separated between different people.

  3. from the group's early years

    Director, Prithvi Finmart Private Limited

    The firm describes him as having been with the Prithvi group since its inception and as having later expanded his role to include portfolio management services. Exact dates are not published.

  4. earlier

    Roles in financial services before joining the group

    The firm's supplied biography names prior stints in the financial sector. These could not be independently verified for this profile and are therefore not itemised.

  5. qualification

    Chartered Accountant

    The one credential consistently stated across the firm's own materials and the platforms that carry them.

How they invest

Six principles

Long-term capital appreciation as the stated goal

The firm frames the mandate around appreciation over a long horizon rather than income, absolute return or a defined risk target.

Diversified rather than concentrated

The stated approach is a diversified portfolio of equities and equity-related instruments. No stock count or concentration limit is published.

Quality and sustainable growth as the screen

The firm describes a focus on identifying high-quality companies capable of sustainable growth. The criteria behind those words are not published.

Benchmarked broadly

APMI records the BSE 500 TRI as the benchmark, which sets a wide, multi-cap standard rather than a large-cap or thematic one.

Low observed turnover

APMI's turnover figures for the year to 31 July 2026 point to a book that is not traded actively, which is at least consistent with the stated long-term intent.

One strategy, one manager

The firm runs a single PMS approach with a single named manager and no co-manager on the register. There is no shelf of products competing for his attention.

Proof of process

The call that shows the method working

◆ Documented — APMI register

Confirmed on the register — and very little else

The Association of Portfolio Managers in India, the SEBI-recognised body for the PMS industry, records Janak Kotecha as the fund manager of the Prithvi Balance portfolio as of 31 July 2026 — the only investment approach Prithvi Finmart runs, with an inception date of 11 July 2023, a BSE 500 TRI benchmark and a ₹50 lakh minimum. APMI's register of members separately confirms the firm's portfolio-manager registration as INP000004441. Both the seat and the licence are independently checkable, which is worth something.

Almost nothing else is. The same register records his work experience as 'NA' and his fee structure as 'NA'. The firm's own website returns no biography, team page or disclosure document that can be read. The career details that circulate on research platforms are supplied by the firm and could not be confirmed against any independent source, so this profile does not repeat them as fact. Three years of record, one verified strategy, and a background you will have to ask for directly.

  1. 2008
    Prithvi Finmart Private Limited is incorporated in Mumbai as a broking and financial services firm
  2. from the group's early years
    Kotecha is with the Prithvi group, later expanding his role to include portfolio management
  3. 11 Jul 2023
    Prithvi Balance portfolio inception — the start of the record under his name, per APMI
  4. Jan – Jun 2024
    Period covered by SEBI's thematic inspection of the firm's broking business
  5. 24 Nov 2025
    SEBI fines the firm ₹3 lakh under s.15HB over Authorised Person terminal monitoring — broking, not PMS, and not naming him
  6. 30 Jun 2026
    APMI's register of members confirms the firm's portfolio-manager registration, INP000004441
  7. 31 Jul 2026
    APMI records him as sole named fund manager of the firm's only approach
Track record

How the strategies have performed

Trailing returns, net of fees, annualised beyond one year. Shown only when sourced and dated; missing figures are unavailable, never zero.

Trailing returns · net of fees · annualised beyond 1Y
Verifiedas of 2026-06-30
Strategy1Y3YSince inception
Prithvi Balanced Portfolio+12.77%+19.67%+21.49%
Return by holding period · CAGR
+19.7%
Prithvi Balanced Portfolio's returns by holding period, one year through since inception. Which period you measure moves the number; the 3-year CAGR is marked.
3Y +19.7%
low +12.8%high +21.5%

Your return will not be a single number. These are the strategy's trailing returns over different holding periods: up to one year absolute, beyond one year annualised. Your own outcome depends on when you invested; this is not a record of individual client accounts.

Figures are historical, unaudited and third-party reported, as of 2026-06-30. Past performance is not indicative of future returns.

Context

How they compare

Comparable managers on the platform, by asset class and category · live fund figures.

Manager1Y3YAUMNyra
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+33.7%+25.7%₹175.9 Cr8.5
Amit Jeswani
Stallion Asset - Core Fund · PMS
+18.2%+32.7%₹9,547.04 Cr8.4
Darshan Engineer
Sundaram Alternate - SISOP · PMS
+38.7%+26%₹2,097.21 Cr8.4
Prabhakar Kudva
Samvitti-PMS Active Alpha Multicap · PMS
+26%+19.3%₹540.97 Cr8.3
Questions investors ask

Janak Kotecha · FAQ

What does Janak Kotecha manage?
One strategy: the Prithvi Balance portfolio at Prithvi Finmart, an equity approach benchmarked to the BSE 500 TRI with an inception date of 11 July 2023. APMI confirms him as its sole named fund manager as of 31 July 2026. The firm runs no other PMS approach.
How long is the track record?
APMI records the portfolio's age as just over three years. That is short by PMS standards and covers only one broad market phase, so it is not enough to judge how the approach behaves through a full cycle or a serious drawdown.
Is it a balanced or hybrid fund?
The name says 'Balance', but APMI records both the strategy and the product as equity, benchmarked to the BSE 500 TRI — an equity benchmark. The firm's own description is of a diversified equity and equity-related portfolio. Ask directly what, if anything, the word 'Balance' refers to, and whether any debt or hybrid allocation is permitted under the mandate.
What is the SEBI penalty against the firm?
SEBI fined Prithvi Finmart ₹3,00,000 on 24 November 2025 under section 15HB of the SEBI Act. It concerns the firm's stock-broking business and a failure to properly monitor an Authorised Person's trading terminals. It does not concern the PMS business, and it does not name Janak Kotecha. The order notes the firm had not been penalised by SEBI before and that no irregularities affecting clients were found.
What are his qualifications and experience?
He is a chartered accountant. Beyond that, APMI records his work experience as 'NA', the firm's website serves no readable biography, and the career details circulating on research platforms come from the firm itself and could not be independently confirmed. Ask for a full CV in writing rather than relying on aggregator pages.
What is the minimum investment, and what are the fees?
APMI records the minimum as ₹50 lakh, SEBI's regulatory floor for PMS in India. Fixed fees, variable fees and exit load are all recorded as 'NA', so no fee schedule could be verified here. Request the current schedule in the PMS agreement and disclosure document before committing.

Considering Janak's strategy?

We'll pull the current Disclosure Document, the actual fee schedule, and a portfolio-overlap check against what you already own.

PMS Sahi Hai is a distributor (APMI Reg. APRN08358), not a SEBI-registered Investment Adviser. APMI registration does not constitute an endorsement. We are paid by the product manufacturer; this does not change the price you pay. PMS & AIF investments are subject to market risks; past performance is not indicative of future returns. This is not investment advice. PMS Sahi Hai is an independent marketplace and is not affiliated with Janak Kotecha.

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