Explore Fund managers Mr. Ricky Kirpalani
Fund Manager

Mr. Ricky Kirpalani

Fund Manager · First Water Capital Fund

Mr. Ricky Kirpalani runs 1 strategy on our shelf at First Water Capital Fund — graded on the same seven pillars as every other manager we track.

2+ yr track record 1 strategy — under watch Avg Nyra 7.0
AUM overseen
across tracked strategies
Strategies led
1
1 AIF
Avg Nyra Score
7.0
on the Nyra scale
Longest track
2 yrs
since inception
Profile

About Mr. Ricky Kirpalani

Mr. Ricky Kirpalani manages 1 strategy at First Water Capital Fund, spanning 1 AIF. Across the strategies PMS Sahi Hai tracks, Mr. oversees — with an average Nyra Score of 7.0.

The tracked book spans 1 AIF strategies. PMS mandates here typically start at a ₹50 lakh minimum, held in your own demat account with a SEBI-registered manager.

Every strategy is graded on the same seven pillars — returns, risk, manager tenure, fees, concentration, transparency and AUM fit — so Mr.'s record can be read side by side against any other manager on the platform.

How they invest

Investment philosophy — a — discipline

Across the 1 strategy PMS Sahi Hai tracks, Mr.'s portfolios share a — approach — here is the shape of it.

01

— at the core

Blends valuation discipline with growth conviction, leaning where the cycle pays.

02

High conviction

Focused books rather than a closet-index sprawl — the strongest ideas actually move the needle.

03

Through the cycle

A 2-year track record across rallies and drawdowns informs how positions are sized.

04

Risk-aware

Drawdowns are managed deliberately rather than chased — capital preservation comes first.

Track record

How Mr.'s strategies have performed

Trailing returns — annualised (CAGR) beyond one year, net of fees.

Strategy1Y3Y5YSINyra
First Water Capital Fund - II
AIF ·
+6.8%+18.4%7.0

Returns up to 1 year are absolute; beyond 1 year are annualised (CAGR), net of fees, as of the latest available factsheet. Max DD = worst peak-to-trough drawdown. Past performance is not indicative of future returns.

Nyra's take

A solid manager worth a closer look.

Mr.'s tracked strategies average 7.0 on the Nyra scale across —, primarily at First Water Capital Fund. Read the pillar-by-pillar breakdown on each strategy before you commit, and talk to Nyra about where it fits your existing portfolio.

Questions investors ask

Mr. Ricky Kirpalani — FAQ

What does Mr. Ricky Kirpalani manage?
Mr. Ricky Kirpalani runs 1 strategy that PMS Sahi Hai tracks — First Water Capital Fund - II — totalling — under watch, primarily at First Water Capital Fund.
What returns has Mr. delivered?
Across tracked strategies, Mr.'s best three-year run is — CAGR (net of fees), with an average Nyra Score of 7.0. See the performance table above for the full period-by-period breakdown. Past performance is not indicative of future returns.
How are Mr.'s strategies scored?
Each strategy gets a Nyra Score graded on seven pillars: returns (net of fees), risk, manager tenure, fees, concentration, transparency and AUM fit. Mr.'s strategies average 7.0.
What's the minimum to invest with Mr.?
PMS mandates typically require a ₹50 lakh minimum, held in your own demat account. Onboarding runs through First Water Capital Fund with full KYC, and we can walk you through it end to end.
Is Mr. right for my portfolio?
Mr. Ricky Kirpalani's 1 AIF strategies suit investors comfortable with that exposure and a ₹50 lakh+ ticket. Talk to a SEBI-registered advisor — or ask Nyra — to check the fit against your goals and risk profile.

Biographical details are drawn from public sources; strategy returns come from the latest available factsheets and may carry different as-on dates. PMS & AIF investments are subject to market risks; past performance is not indicative of future returns. PMS Sahi Hai is an independent marketplace and is not affiliated with Mr. Ricky Kirpalani or First Water Capital Fund. This is not investment advice.

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