PMS Talk: How Rs 50 lakh invested in Karma Capital in 2006 grew to Rs 5.4 crore

What happened: Karma Capital co-founders Rushabh Sheth and Nikhil Desai said Rs 50 lakh invested in Karma Wealth Builder at its December 2006 launch grew to Rs 5.4 crore by September 2026. Key numbers: Rs 50 lakh grew to Rs 5.4 crore, nearly 10 times. The same amount in the BSE 500 TRI grew to Rs 4.2 crore, about 7 times. Why it matters: The founders said performance across cycles has been the firm's best marketing, and they attribute long-term wealth to earnings compounding and the price paid rather than short-term returns.

Karma Capital co-founders Rushabh Sheth and Nikhil Desai said Rs 50 lakh invested in Karma Wealth Builder at its December 2006 launch grew to Rs 5.4 crore by September 2026.

The founders said performance across cycles has been the firm's best marketing, and they attribute long-term wealth to earnings compounding and the price paid rather than short-term returns.