🎙️ Launching Compounding Conversations by SMFS:

Episode 1 — Arun Subrahmanyam on Building Wealth, AIFs, and a 35-Year Investment Journey

At Sanjay Mehta Financial Services (SMFS), we’ve spent over 15 years helping clients build wealth with clarity, trust, and long-term thinking. Through all these years, one truth has remained constant: behind every great portfolio is a person with a philosophy.

That’s what led us to launch our newest initiative — a podcast series called Compounding Conversations.

Why Compounding Conversations?

While finance can be complicated, we believe the people behind the scenes don’t need to be. This podcast is our way of bringing you closer to the fund managers, investment thinkers, and entrepreneurs who shape the financial landscape — not just through performance, but through perspective.

We’ll talk about how they think, what they've learned, and what truly drives them.

🎥 Episode 1: In Conversation with Arun Subrahmanyam, Founder – Ampersand Capital

Our first episode features none other than Mr. Arun Subrahmanyam, a market veteran with over 35 years of experience in equity research.

He served as Managing Director – Research at BofA–Merrill Lynch for over a decade before founding Ampersand Capital, a boutique investment firm that runs one of India’s top-performing Alternative Investment Funds (AIFs).

In this episode, we explore:

• Arun’s journey from Wall Street to founding Ampersand in India

• His views on AIFs and their growing relevance in investor portfolios

• His personal investing principles and approach to managing risk

• What makes a fund manager truly effective

• Timeless lessons from building a firm and compounding trust

💡 Why AIFs?

As part of this conversation, we also explore how AIFs offer a unique space for wealth creation — especially for seasoned investors looking to go beyond traditional mutual funds. They allow access to differentiated strategies, concentrated portfolios, and high-conviction bets — but require clarity and understanding before diving in.

If you're curious about whether AIFs fit into your long-term strategy, this episode is a great place to start.

🙌 Join Us on This Journey

We’re excited to bring you more such conversations — with India’s top fund managers, entrepreneurs, and financial thinkers.

Subscribe to our YouTube Channel to stay updated, and follow us on Instagram and LinkedIn for behind-the-scenes clips, key insights, and future guest announcements.

We hope you enjoy the first episode.And as always — happy compounding. 🌀