The Shikhara Asia Vantage Equity Fund seeks to deliver long-term growth through capital appreciation by investing primarily in equities and equity-related securities of leading companies domiciled in or deriving a large portion of their economic activity from Asia (excluding Japan). Such markets include Korea, China, Hong Kong, Taiwan, Singapore, India, Malaysia, Indonesia, Thailand, and the Philippines, but additional opportunities may also be sought, whenever regulations permit, in any of the emerging markets in Asia. The strategy aims to generate superior returns by pursuing a GARP (growth at reasonable price) approach.
Asia’s investment landscape offers unparalleled potential, fueled by rising household wealth, a burgeoning middle class, and advanced manufacturing capabilities. The fund provides exposure to expanding sectors like technology, infrastructure, healthcare, and consumer discretionary, while navigating regional complexities through rigorous fundamental research and active management.
Led by Founder & CIO Rahul Chadha and a seasoned team with over 130 years of combined Asian market experience, Shikhara draws on global insights from offices in New York, Hong Kong, and Mumbai. Our philosophy emphasizes long-term Investment horizon, innovative management teams, and ESG improvers to identify sustainable alpha generation opportunities. With a focus on business quality, valuation discipline, and downside protection, the fund aims to outperform the MSCI AC Asia ex Japan benchmark across cycles.
The Fund is authorised and regulated as a UCITS scheme by the Commission de Surveillance du Secteur Financier. The Fund is a SFDR Article 8 UCITS fund. Sources: Fund: FactSet, Bloomberg, Shikhara Internal; Benchmark: MSCI AC Asia ex Japan Index. The benchmark is a gross return index that includes reinvestment of dividends/income. The MSCI AC Asia ex Japan Index captures large and mid-cap representation across Developed Markets (DM) countries (excluding Japan) and Emerging Markets (EM) countries in Asia. The index covers approximately 85% of the free float-adjusted market capitalization in each country. The MSCI China Index captures large and mid-cap representation across China A shares, H shares, B shares, Red chips, P chips, and foreign listings (e.g. ADRs). The index covers about 85% of the Chinese equity universe. The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with Shikhara Group and any related funds.
As at 17/04/2026
|
Cumulative Returns
As at 31/03/2026 |
1 Month | 3 Months | 6 Months | YTD | Since Inception |
|---|---|---|---|---|---|
| Shikhara Asia Vantage Equity Fund - USD L Acc | -13.93% | - | - | -7.66% | -7.66% |
| MSCI AC Asia ex Japan | -13.70% | - | - | -6.47% | -6.47% |
Investment involves risk. Past performance is not indicative of future performance. It cannot be guaranteed that the performance of the investment product will generate a return, and there may be circumstances where no return is generated. Investors could lose all or a substantial portion of any investment made. All performance numbers are net of fees, NAV to NAV, and with dividends reinvested. If an investor's own currency is different from the currency in which the fund is denominated, the investment return may increase or decrease as a result of currency fluctuations.
As at 31/03/2026
As at 31/03/2026
For Market and Sector Allocation, totals may not add up to 100% due to rounding. Allocations are subject to change.
As at 31/03/2026
| Company Name | Market | Sector | Fund |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co., Ltd. | Taiwan | Information Technology | 7.89% |
| Samsung Electronics Co., Ltd. | South Korea | Information Technology | 5.31% |
| Zijin Mining Group Co., Ltd. Class H | China | Materials | 4.10% |
| Contemporary Amperex Technology Co., Limited Class A | China | Industrials | 3.83% |
| Alibaba Group Holding Limited | China | Consumer Discretionary | 3.33% |
| Tencent Holdings Ltd | China | Communication Services | 3.12% |
| PDD Holdings Inc. Sponsored ADR Class A | China | Consumer Discretionary | 2.93% |
| Hansoh Pharmaceutical Group Company Limited | China | Health Care | 2.83% |
| Sansera Engineering Limited | India | Consumer Discretionary | 2.82% |
| Standard Chartered PLC | United Kingdom | Financials | 2.75% |
The individual issuers listed should not be considered a recommendation to buy or sell. Holdings vary and there is no guarantee that the Fund currently holds any of the securities listed. Please refer to the annual and semi-annual report for the full holdings.
This website is published exclusively for the purpose of providing general information about the management services carried out by Shikhara Investment Management LP, Shikhara Capital (Hong Kong) Private Limited and its affiliates (collectively “Shikhara Investment Management” or “Shikhara”). The information presented on the website is not, and may not be relied on in any manner as legal, tax, investment, accounting, or other advice or as an offer to sell or a solicitation of an offer to buy an interest in any investment product or any other entity sponsored or managed by Shikhara Investment Management. This website doesn’t constitute and should not be considered as any form of financial opinion or recommendation.
Shikhara Investment Management LP is currently an Exempt Reporting Adviser that is exempt from registration as an investment adviser with the U.S. Securities and Exchange Commission and Shikhara Capital (Hong Kong) Private Limited has been approved by the Hong Kong Securities and Futures Commission. This website does not constitute an offer to sell or the solicitation of an offer to buy in any state of the United States or other U.S. or non-U.S. jurisdiction to any person to whom it is unlawful to make such offer or solicitation in such state or jurisdiction.
Investment involves risk. Past performance is not indicative of future performance. It cannot be guaranteed that the performance of the investment product will generate a return and there may be circumstances where no return is generated. Investors could lose all or a substantial portion of any investment made. Before making any investment decision, investors should read the Prospectus for details and the risk factors. Investors should ensure they fully understand the risks associated with the investment product and should also consider their own investment objective and risk tolerance level. Investors are advised to seek independent professional advice before making any investment.
Shikhara’s investment products are suitable only for sophisticated investors and require the financial ability and willingness to accept the high risks and lack of liquidity inherent in Shikhara’s investment products. Prospective investors must be prepared to bear such risks for an indefinite period of time. No assurance can be given that the investment objectives of any given investment product will be achieved or that investors will receive a return of their investment.
Certain of the information contained in this website are statements of future expectations and other forward-looking statements. Views, opinions, and estimates may change without notice and are based on a number of assumptions which may or may not eventuate or prove to be accurate. Actual results, performance, or events may differ materially from those in such statements.
Certain information contained in this website is compiled from third-party sources. Whereas Shikhara Investment Management has, to the best of its endeavor, ensured that such information is accurate, complete, and up-to-date, and has taken care in accurately reproducing the information, Shikhara Investment Management takes no responsibility for the accidental publication of incorrect information, nor for investment decisions taken based on this website. Neither Shikhara Investment Management nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein should be relied upon as a promise or representation as to past or future performance of any investment product or any other entity.
The contents of this website are prepared and maintained by Shikhara Investment Management and has not been reviewed by the Securities and Exchange Commission of the United States or the Securities and Futures Commission of Hong Kong.
The Shikhara logo and name are trademarks of Shikhara Investment Management LP, registered in Hong Kong, the People’s Republic of China (PRC), Australia, the United Kingdom, the European Union, and the United States.
