Raghavendra Reddy
A Portfolio Manager at Enam Asset Management — one of India's longest-standing SEBI-registered portfolio managers, licensed since 1998 — where he runs the firm's advisory mandates and is named on the India Vision Portfolio alongside co-founder and Chief Investment Officer Jiten Doshi. That portfolio has only been live since January 2023, and the firm's older EIDEA strategy discloses little you can check independently.
Is Raghavendra worth your time?
Two decades of Indian financial services, most of it spent moving between broking and research desks and dedicated portfolio-management businesses — K.R. Choksey Securities, HSBC Bank, ICICI Bank, then the PMS arms of Kotak Securities and Ambit Capital — before Enam AMC. He manages the firm's advisory mandates and is a named portfolio manager on the Enam India Vision Portfolio, which APMI records as having started on 17 January 2023. Two things to hold in view: he shares that mandate with the firm's Chief Investment Officer rather than running it alone, and Enam's other strategy, EIDEA, had no current AUM or recent performance in the public sources used for this profile.
Investors who want exposure to one of India's oldest and largest discretionary equity PMS houses, and who are comfortable that the manager whose name is on the door of this strategy shares it with the firm's Chief Investment Officer. The India Vision Portfolio asks for a multi-year horizon and someone willing to judge a concentrated multi-cap book over years rather than quarters. If what you want is a long, independently checkable record attached to this manager's name specifically, this is not yet that.
- EIDEA's current AUM and post-2018 performance were not available in the public sources used for this profile.
- The India Vision Portfolio has been live only since January 2023, so its record is short.
- He is named on that strategy alongside Chief Investment Officer Jiten Doshi, not as its sole decision-maker.
- Published experience figures differ across Enam's bio, PMS AIF World and APMI — ask the firm to reconcile them.
About Raghavendra Reddy
Raghavendra Reddy is a Portfolio Manager at Enam Asset Management Company Private Limited, one of India's longest-standing SEBI-registered portfolio managers, licensed since 1998 under registration INP000000225. He manages the firm's advisory mandates and is a named portfolio manager on the Enam India Vision Portfolio alongside co-founder and Chief Investment Officer Jiten Doshi.
He holds a postgraduate degree in management from the Management Development Institute and is a certified Financial Risk Manager, a charter awarded by GARP. Before Enam he worked across both sell-side research and buy-side portfolio management — at Ambit Capital's PMS business, Kotak Securities' PMS, HSBC Bank, ICICI Bank and K.R. Choksey Securities. Enam's own bio credits him with over twenty years of industry experience; PMS AIF World describes over sixteen years specifically in equity markets.
Career
- Present
Portfolio Manager, Enam Asset Management Company Private Limited
Manages Enam AMC's advisory mandates, in the firm's own words, and is a named portfolio manager on the Enam India Vision Portfolio alongside co-founder and Chief Investment Officer Jiten Doshi. APMI records him as the portfolio's fund manager as of 31 July 2026.
- Before Enam AMC
Ambit Capital (PMS)
Portfolio management. Exact dates for each prior role are not publicly disclosed by the firm.
- Before Enam AMC
Kotak Securities (PMS)
Portfolio management within a dedicated PMS business.
- Earlier
HSBC Bank
One of the sell-side and banking roles that preceded his move into portfolio management.
- Earlier
ICICI Bank
Part of the same earlier banking and research phase of his career.
- Earlier
K.R. Choksey Securities
Research and broking, the sell-side grounding behind his later buy-side work.
Six principles
Quality of the business opportunity
The first of the five pillars the firm names. The team starts from whether the opportunity in front of a company is worth owning at all, before it looks at the share price.
Longevity of the business model
A preference for models that can still be earning in a decade, consistent with a stated intent to hold rather than trade.
Management quality
Who is running the company is treated as a screening criterion in its own right, not a footnote to the financials.
Value accretion
Businesses are expected to add value over time; the firm pairs bottom-up fundamental analysis with top-down economic research to judge where that is happening.
A culture of discipline
Discipline in portfolio construction is named as a pillar in itself — the guard-rail on a concentrated book of roughly fifteen to twenty-five names.
Cap- and style-agnostic by design
The house does not badge itself value or growth, and does not fix a market-cap bias. That flexibility is deliberate, and it means the label on the tin tells you less than the holdings do.
The call that shows the method working
On the regulatory register — and what the register does not cover
The Association of Portfolio Managers in India, the SEBI-recognised self-regulatory body for the PMS industry, records Raghavendra Reddy as the fund manager of the Enam India Vision Portfolio as of 31 July 2026, with nineteen years of work experience on file. That is independent confirmation of the seat he holds, which is more than many manager profiles can show.
What it does not do is give the mandate a long history. The same register puts the portfolio's inception at 17 January 2023, so the live record under his name is short, and he shares it with the firm's co-founder and Chief Investment Officer, Jiten Doshi. Enam AMC's own longevity — a SEBI portfolio-manager licence held continuously since 1998 — is the firm's, not this strategy's.
- 1997Enam Group sets up its asset management arm; the firm has held a SEBI portfolio-manager registration since 1998
- before Enam AMCResearch, broking and portfolio-management roles at K.R. Choksey Securities, ICICI Bank, HSBC Bank, Kotak Securities PMS and Ambit Capital PMS
- May 2011ENAM India Core Equity Portfolio launches — the strategy that later becomes EIDEA
- 17 Jan 2023Enam India Vision Portfolio inception, per APMI
- 31 Jul 2026APMI records him as the portfolio's fund manager, with 19 years' work experience
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.
| Strategy | 1Y | 3Y | Since inception |
|---|---|---|---|
| Enam India Vision Portfolio | +11.2% | +12.6% | +15% |
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.
What to press Raghavendra on
Bring these to the call.
How long has this mandate actually run?
APMI puts the India Vision Portfolio's inception at 17 January 2023. Ask for the dated factsheet and disclosure document, and read the record as short rather than borrowing the firm's longer history.
Who decides what on this portfolio?
He is named alongside co-founder and CIO Jiten Doshi. Ask how the two split stock selection, sizing and sell decisions, and who runs the book if one of them is unavailable.
What can you actually see on EIDEA?
Current AUM and post-2018 performance were not publicly available in our sources. If EIDEA is being discussed with you, ask for the current factsheet, the disclosure document and a dated performance series in writing.
Which experience number is right?
Enam says over twenty years, PMS AIF World says over sixteen in equity markets, APMI records nineteen. Ask the firm for the start dates behind each of his prior roles, which are not publicly disclosed.
What is the full fee schedule?
The fixed-versus-performance split was not disclosed in the sources used here. Ask for the fixed fee, any performance fee and hurdle, high-water-mark treatment, exit load and brokerage arrangements in writing.
What does the SMA structure mean for you?
EIDEA is described as a bespoke Separately Managed Account, with securities held in your own bank and demat accounts even though trades are executed on an aggregate basis. Confirm how the India Vision Portfolio is structured.
Are you buying two versions of the same book?
Both Enam strategies are run within one investment team on one house framework. If you are shown EIDEA and India Vision together, ask for the current holdings overlap between them.
How they compare
Comparable managers on the platform, by asset class and category · live fund figures.
| Manager | 1Y | 3Y | AUM | Nyra |
|---|---|---|---|---|
| Sunil Kothari Unique - Strategic Fund · PMS | +18.2% | +29.9% | ₹1,517.09 Cr | 8.4 |
| Anubhav Mukherjee Prescientcap-HIGH QUALITY CONSISTENT COMPOUNDERS · PMS | +14.7% | +19.7% | ₹0 Cr | 8.3 |
| Prathmesh Agrawal Asit C Mehta - Ace Multicap · PMS | +10.2% | +24.3% | ₹0 Cr | 8.2 |
| Rishi Gupta Shepherd's Hill - Value Magno · PMS | +5.7% | +20% | ₹0 Cr | 8.1 |
Raghavendra Reddy · FAQ
What does Raghavendra Reddy manage?
What is his investment style?
What are his qualifications?
How much experience does he have?
How long has the India Vision Portfolio been running?
Is there public data on EIDEA?
What is the minimum investment, and what are the fees?
Considering Raghavendra'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 Raghavendra Reddy.