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First Water Capital Advisors LLP - Fund Manager

Ricky Kirpalani

Ricky Kirpalani

As Founder and Chief Investment Adviser for First Water Capital, Ricky is a logic-based value investor with over 30 years of experience. His investment approach is fueled by His investment approach involves a combination of rigorous due diligence, an intuitive understanding of the correlation between global, industry, and company specific factors, and a macro perspective on the ever-changing landscape of the emerging markets. Prior to launching First Water Capital, Ricky was an independent business analyst and ran a private pool of capital generating alpha with a CAGR north of 30% over a timeline of over 15 years. Additionally, Ricky has seen commerce from an owners viewpoint with interests in various industrial businesses in Africa and as financial advisor to a number of CEOs. This has allowed him to obtain a broader viewpoint of the internal dynamics and conflicts of operating and managing a business.

Fund Name
Classification
Fund AUM (Cr.)
First Water Capital Fund
Equity: Multi Cap
59.51
First Water Capital Fund - II
Equity: Multi Cap
Top Holdings - ConsoloidatedWts(%)
J Kumar Infraprojects Ltd6.07%
Welspun Corp Ltd5.87%
Jindal Saw Ltd5.63%
Chennai Petroleum Corporation Ltd5.61%
Oil India Ltd5.25%
Fund Name1M3M6M1Y3Y5YSince Inception
First Water Capital Fund
9.79%
22.32%
50.16%
72.04%
43.94%
N/A
45.65%
First Water Capital Fund - II
8.29%
17.98%
N/A
N/A
N/A
N/A
33.51%
Fund Performance