Equirus launches offshore small-cap equity fund in Gift City

Equirus Asset Manager, a part of the Equirus Group, on Wednesday launched ‘Equirus Long Horizon Offshore Investments Fund’ an open-ended, India-focused, US Dollar-denominated fund registered under International Financial Services Centres Authority (IFSCA) as Category-III AIF at Gift City.

The fund seeks to deliver sustained capital appreciation by investing in fundamentally-strong, high-potential small-cap listed equities.

“Adopting a benchmark-agnostic, bottom-up stock-picking approach, the fund focuses on identifying emerging leaders with scalable business models, robust earnings profiles and attractive valuations,” it said in a statement.

Stock selection

Sahil Shah, Chief Investment Officer at Equirus Asset Manager, “India is entering a multi-decade growth cycle with manufacturing resurgence and a consumption-driven middle class. We believe Indian small-caps are best aligned to have meaningful exposure in India’s consumer discretionary and manufacturing resurgence theme. In essence, this fund aims to capture the intersection of India’s macro tailwinds with bottom-up stock selection—backing the right companies at the right time in their growth journeys.”

“The fund is more than just a financial product – it serves as a bridge connecting global Indian investors to India’s dynamic growth story,” said Ajaykumar Gupta, Chief Business Officer, Equirus Asset Manager.

Published on July 16, 2025