MS Capital

India Focused Investment Fund

About Us

MS Capital is a Bangalore-based investment firm focused on Indian public markets. We take a sector-agnostic, market-cap-agnostic approach, seeking the best risk-adjusted opportunities. Our investment process is driven by deep primary research and a long-term ownership mindset, with a focus on a company's ability to sustain free cash flow generation and high ROCE over time.

Investment Philosophy

Beyond the Top 200: We focus on companies outside the largest 200 listed stocks, where under-researched, smaller but well-structured businesses often grow faster.

Primary, Differentiated Research: Our research is deeply hands-on, leveraging direct operating experience to enhance accuracy, particularly in the small and mid-cap space.

Global Standards: We benchmark against top global investment frameworks, drawing on personal experience with leading international firms and institutes.

Technology-Driven: We integrate advanced research tools to improve depth, efficiency, and speed in evaluating investment opportunities.

Team

Chirag Fialoke

Founder, CIO

Chirag brings expertise in public market investing, private equity-style diligence, and operating a mid-sized business. An IIT and Harvard Business School graduate, he previously worked at WestBridge Capital and RatnaTraya Capital.

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