Surge India
Invest in the India Growth Story
A high-conviction equity portfolio of companies selected for their growth potential as India's economy evolves, built on disciplined investing, prudent risk management, and a long-term perspective.
What Drives Surge India
Five Themes, One Investment Framework
We focus on key structural shifts shaping India's growth, each with long-term potential. Every company in the portfolio fits within one of these themes.
Domestic Consumption
Rising incomes are reshaping how India spends and expanding demand across categories. We look for companies positioned to capture this growth as consumption patterns evolve.
Logistics & Infrastrucutre
India is investing in roads, rail, ports, and logistics networks that make it easier and more efficient to move goods across the country. We look for companies that are well placed to capitalize on this growing demand for infrastructure.
Import Substitution
India is steadily building domestic capacity to replace critical imports, while global supply chains are creating new opportunities for domestic manufacturers. We look for companies leading both these shifts.
Financialization
India’s savings, borrowing, and protection needs are steadily moving into formal financial services. We look for companies positioned to grow as credit, insurance, and investments reach more households.
Energy Independence
India is investing in new sources of energy and infrastructure needed to reduce its dependence on energy imports. We back companies helping build this transition across renewables, clean energy, storage, biofuels, and gas infrastructure.
How Surge India is Built and Managed
We build a portfolio of ~30 companies across market caps, each selected for their growth potential and managed with a long-term approach.
Investing in Mega Trends
Some opportunities play out across sectors and over many years. We identify these macro shifts and the sectors that stand to benefit from them as they play out.
Strong Risk Management
We use quantitative rules for position sizes and governance, and review every holding periodically to ensure it continues to earn its place. When the evidence changes, so do our decisions.
Decadal Growth Potential
We look for companies with room to grow for years, a track record of strong execution, and earnings that can compound as the opportunity unfolds.
Special Situations
Some of the sharpest opportunities come from corporate actions, like demergers, spin-offs, and restructurings, where the market may be slow to react. We keep part of the portfolio available for exactly such moments.
Last updated on September 17 2026
Surge India vs NIFTY 50 TRI
| Period | Surge India | NIFTY50 TRI |
|---|---|---|
| 3 Months | 5.3% | -2.8% |
| 6 Months | 13.2% | -0.5% |
| 1 Year | -4% | -7.1% |
| 2 Years | -1.3% | -3.2% |
| 3 Years | 14.5% | 6.1% |
| 4 Years | 17.1% | 8.6% |
| 5 Years | 13.9% | 7% |
| 6 Years | 20.2% | 13.8% |
| 7 Years | 18.9% | 12.9% |
A 7-year view of Surge India's periodic returns compared against the NIFTY50 TRI, across market cycles.
How We Invest
01. Stock Selection
We first pick the theme and then find the best-positioned companies within it. Every company is assessed on earnings quality, governance track record, market size, and balance sheet health.
02. Portfolio Allocation and Sizing
Position sizes are based on liquidity and conviction, with hard limits on individual stock and sector concentration. Core themes make up the bulk of the portfolio, with a smaller allocation to special situations.
03. Periodic Review
Every quarter, we review whether the investment thesis still holds. Capital moves towards higher-conviction positions, while themes are given time to deliver. We exit when the thesis changes, not before.
Is Surge India Right for You?
Who is it for?
1. Investing for the long term
You have a minimum investment horizon of five years and want to build wealth through direct equity over multiple market cycles.
2. Comfortable with higher equity risk
You are prepared for higher volatility and periods of significant drawdown in pursuit of higher long-term return potential.
3. Participate in India’s economic transformation
You want to invest in companies driving India’s growth and benefiting from the long-term changes in its economy.
4. Participate in India’s economic transformation
You want to invest in companies driving India’s growth and benefiting from the long-term changes in its economy.
5. Participate in India’s economic transformation
You want to invest in companies driving India’s growth and benefiting from the long-term changes in its economy.
Who is it NOT for?
1. Capital protection comes first
You prioritize protecting capital over pursuing higher long-term return potential through equities.
2. Uncomfortable with higher volatility
You are not comfortable with significant market swings and periods of drawdown that can come with a high-conviction equity portfolio.
3. Prefer to time the market
You want to enter and exit investments based on short-term market movements rather than stay invested through market cycles.
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Frequently Asked Questions
SEBI mandates a minimum investment of ₹50 Lakhs for all portfolio management services, including Surge India.
You own stocks directly in your own demat account, with no pooling. Every holding and trade is visible to you in real time. For NRIs and OCIs, PMS also avoids the cross-border tax complications that make Indian mutual funds difficult to access.
You'll receive a Monthly Fund Manager report, along with full visibility into your holdings at any time.
Yes. PMS investments are not locked in — you can redeem your holdings, subject to standard settlement timelines.
Yes, Capitalmind Portfolio Managers is a SEBI-registered portfolio management service.
Book a call with our team, complete KYC and the onboarding agreement, and your portfolio construction begins from there.