About Us
Unicorn Fund is a SEBI-registered Category III Alternative Investment Fund (AIF) based in Ahmedabad, committed to delivering sophisticated investment strategies for high-net-worth and institutional investors. Our vision is to become a trusted alternative investment platform, delivering consistent risk-adjusted returns through following guiding principles.
• Research-driven decision making
• Active risk management
• Capital preservation with upside participation
• Process over predictions
ABOUT US
Focused on India’s next wealth creators beyond index heavyweights.
+
Years of Experience
Cr+
of Assets Under Management
Unicorn Fund
Unicorn Fund is a SEBI-registered Category III Alternative Investment Fund (IN/AIF3/25-26/1858), headquartered in Ahmedabad, India. The Fund is established with the objective of pursuing investment opportunities across small-cap, micro-cap, and IPO-linked segments of the Indian capital markets, in accordance with the SEBI (Alternative Investment Funds) Regulations, 2012.
The Fund is managed by a team with over two decades of experience in the Indian capital markets, including equity research, portfolio management, IPO investing, and institutional market participation. The team has successfully operated across multiple market cycles and follows a structured, research-driven investment approach.
Unicorn Fund primarily focuses on:
• Listed small-cap and micro-cap equities
• SME and Mainboard IPOs
• Pre-IPO investment opportunities
• Other permitted capital market instruments as per SEBI guidelines
The Fund seeks to identify under-researched businesses with sustainable growth potential. Investment decisions are guided by fundamental analysis, valuation discipline, liquidity assessment, and continuous risk monitoring. The Fund may adopt a diversified investment strategy and actively adjust its portfolio in response to changing market conditions, subject to applicable regulations and disclosures.
The Fund integrates the following into its investment process:
• Market risk management
• Liquidity risk assessment
• Operational risk controls
• Strict regulatory compliance
Unicorn Fund is designed for sophisticated investors who understand the risks associated with alternative investment strategies and have the financial capacity to withstand potential capital volatility. The Fund provides access to specialized segments of the Indian equity markets through a professionally managed AIF structure.
Our Team
Mr. Viren Patel
Viren brings 21 years of experience in the Equity Markets, backed by a strong track record in equity strategy development, market valuation, and investment advisory. Over the years, he has cultivated a detailed understanding of market dynamics, sectoral trends, and equity product behaviour. His analytical depth and structured thinking reflect in the research-grounded recommendations he provides to clients.
Mr. Jaykumar Vora
Jaykumar has 20 years of experience in the Equity Markets, distinguished by his research-centric approach and strong analytical capabilities. His career spans in-depth stock evaluation, sector research, and interpreting complex market data to generate actionable investment insights. He plays a key role in refining asset allocations and strengthening portfolio resilience.
Mr. Maulin Shah
With 20 years of experience in the Equity Markets, Maulin has built deep expertise in equity analysis, investment planning, and client-focused advisory. His exposure to multiple market cycles has strengthened his understanding of market behaviour, risk assessment, and portfolio structuring. He helps investors navigate markets with confidence and clarity.
Mr. Nisarg Thakkar
Nisarg carries 10 years of experience in Investment Banking, Equity Investing, and Market Research. He brings strong expertise in financial analysis, compliance, and strategic decision-making. With an engineering and management background, he combines technical and financial acumen to deliver insights that drive investment performance and business growth.