About Shagun Capital
We are a boutique, SEBI-registered investment advisory firm focused on long-term wealth creation through well-chosen equities—built for investors who value clarity, patience, and discipline.
Focused. Research-led.
Client-aligned.
Shagun Capital is a boutique, SEBI-registered investment advisory firm focused on long-term wealth creation through well-chosen equities. We work with a limited set of investors who value clarity over activity, patience over prediction, and discipline over short-term excitement.
Our role is to invest capital thoughtfully—across market cycles—by owning high-quality businesses and allowing time and compounding to do their work. Shagun is built deliberately to remain focused, and aligned with client interests at every stage of the investment journey. We specialize in thoughtful, long-term equity investing, with an approach rooted in deep research, rationality, and an unwavering focus on client interest first.
Why Shagun Exists
“The power of compounding is the eighth wonder of the world. Those who understand it - earn it, those who don't - pay it”
We believe the next three decades will be a defining wealth-creation era for India. Our purpose is to compound wealth for our clients.
For families that are already samruddha, our role is to help preserve and grow wealth to last several generations.
For emerging households, our mission is financial independence — transforming anxious savers into confident, disciplined investors.
We see a scarcity of high-quality, well-aligned investment stewardship for India’s growing investor community. Built on strong value systems and unwavering principles, we aim to compound capital by not only improving returns, but also reducing risks meaningfully along the journey.
What Is Our Approach
Shagun Triangle
Everything we do is guided by three enduring principles:
Knowledge: Analytical Depth
Exhaustive research on businesses, industries and market dynamics before making
investment decisions.
“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.” — Benjamin Graham
Rationality: Behavioural Strength
Emotional equilibrium during market volatility, decisions based on facts and not on Envy, Greed or Fear.
“In investing, success is more a function of temperament than intelligence.” — Parag Parikh
Integrity: Transparency
Align our interests with yours and remain forthright about opportunities and risks.
“Tell the truth, be fair, keep your promises, and avoid hypocrisy.” — John C. Bogle
This principled approach is why clients entrust us with their hard-earned money.
Investing Legends
Our philosophy is shaped by principles that have stood the test of time. For us, these are not quotes to admire, but principles to practice—simple, disciplined, and deeply rational.
"Rule No. 1: Never Lose money. Rule No. 2: Never Forget Rule No. 1."
"There are two kinds of forecasters - those who don't know, and those who don't know that they do't know."
"The best things a human being can do is to help another human being know more."
"The stock market is filled with individuals who know the price of everything, and the value of nothing."
"All the math you need in the stock market, you get in the 4th grade."
"Investment success comes from following the emotionally difficult path. Do not get carried away by market sentiments."
Our Founder
A Business Leader with 25 years' experience across e-commerce, retail, payments, and financial services. At Reliance group - he built and scaled ventures into multi-billion-dollar enterprises. This experience gives him a deep, on-ground understanding of how real businesses are built and run - an insight most market participants and analysts lack.
A Passionate Value Investor for over a decade, Mohit has achieved a personal portfolio performance of over 26% annualised returns over a 12 years period and across cycles, significantly outperforming the broad market's 12.7%. His focus has always been on businesses he understands deeply, backed by continuous learning and rigorous research.
A purpose-driven founder Mohit, a gold medalist from IIM Bangalore and CA Rank Holder envisions 'Shagun Capital' as a platform for thoughtful, client aligned long-term investing to create multi-generational wealth for its clients.
Mohit Kanodia
Founder & Managing Director
Our Team
Shagun Capital is supported by a small, focused team that shares a commitment to long-term thinking, rigorous research, and ethical conduct. We are built to stay selective—by design—so that every client relationship receives the depth of attention it deserves.