It’s managed by a close-knit team of four professionals, each with over 20 years of experience in the equity markets. But the person who really stands out is Nilesh Doshi, the CEO and Managing Partner. Nilesh is an IIT Bombay graduate in Chemical Engineering, with more than 30 years of experience across both industry and investing. He’s worked with big names like Pidilite, Praxair, Floatglass, and Edelweiss. What sets him apart isn’t just his experience, but his ability to identify multibagger stocks — we’re talking 5x to 10x returns — all while staying calm, data-driven, and realistic. He doesn’t get carried away by hype, and that’s a big reason why the fund has done so well.

Green Lantern follows a very clear investment philosophy. They stick to industry leaders — companies that are proven and strong. They focus on businesses with healthy returns on equity (ROE) and always look for a margin of safety before investing. If they don’t understand the business deeply, they stay away. And no matter how cheap a stock looks, they avoid companies facing headwinds. What they really care about is steady improvement in earnings and cash flows, not future promises that may never turn into reality.

Their style is growth investing, which means they look for quality companies in industries that are expanding. They’re not chasing cheap stocks; instead, they want businesses that are growing well and can keep doing so. Think of it as choosing strong swimmers who can ride the wave smoothly, not just anyone trying to surf.

The team combines both a top-down and bottom-up approach. After COVID, when everything was booming, they first picked the right sectors. But now that the market is more selective, they’ve shifted to focusing on individual companies — a smart move in today’s environment.

One of the most interesting things about Green Lantern is how they manage risk. For example, in October last year, when the markets were at their peak and everyone else was excited, they moved about 50–60% of their portfolio into cash. Why? Because they noticed signs that the market was overheating — consumption was slowing down and the market cap-to-GDP ratio had hit 150%. That kind of awareness and discipline is rare. And it paid off: while the benchmark gave only 6.7% in FY25, Green Lantern delivered a strong 24.62% return.

Despite these impressive numbers, they don’t take wild risks. Their one-year beta is just 0.7, meaning they’re less volatile than the market. Their goal is always to protect capital first, then go after returns.

The portfolio is focused — mainly mid and small caps, with 20–25 stocks, and the flexibility to hold cash when needed. The minimum investment is ₹1 crore. They’re not chasing AUM growth either. The idea is simple: keep the fund size manageable so that performance remains strong. It’s clear they care more about investor returns than just growing big.

Enclosing a webinar done with the fund manager – PMS AIF WORLD x Green Lantern

The Green Lantern Growth Fund aims to deliver long-term capital appreciation by investing in a concentrated portfolio of mid and smallcap companies that are market leaders, possess a high Return on Equity (ROE), and offer a high margin of safety. The fund seeks to outperform broader indices like the S&P BSE 500 TRI, focusing on identifying businesses with long-term structural tailwinds, superior management, and strong earnings potential.

Green Lantern Capital follows a “test match” investment mindset — focusing on time in the market, not timing the market. Their investment philosophy emphasizes:

• Long-term investing based on macroeconomic trend identification
• High-quality businesses with ethical management and scalable models
• Valuation discipline to avoid overpaying for growth
• Avoidance of balance sheet and earnings volatility

This risk-conscious approach enables capital protection during downturns while maximizing upside potential during growth phases. They prefer companies with strong franchises, industry leadership, and hunger for growth, especially in underpenetrated and scalable markets.

The Green Lantern Growth Fund is structured with a bias toward midcap PMS and smallcap PMS opportunities, allocating:

• 75%–100% to Mid & Small Cap equities
• 0%–25% to Large Cap stocks

The portfolio typically consists of high-conviction 20–25 stocks and incorporates flexibility in cash allocation to hedge against downside risk. The strategy combines top-down macro analysis with bottom-up stock picking, making it a dynamic and responsive PMS product for investors looking to create wealth through smallcap opportunities in India.

Green Lantern Growth Fund has been widely recognized for its consistent outperformance and risk-adjusted excellence:

• 🏆 #Rank 1 – Small & Mid Cap Category (Risk Adjusted Returns – 5 Years) by PMS AIF WORLD
• 🏆 #Rank 1 – Max Wealth Creator (CAGR – 5 Years)
• 🏆 #Rank 1 – Small & Mid Cap Category (Risk Adjusted Returns – 3 Years)
• 🏆 Best PMS Across Small & Mid Cap Biased (1-Year) at PMS AIF WORLD – Crystal Gazing Summit & Awards 2024

These accolades establish Green Lantern as one of the best PMS in India, offering high alpha generation, prudent risk management, and a consistent performance track record.