SageOne India Growth Fund
about sageone india growth fund
Lighthouse Canton has partnered with SageOne Investment Managers to provide investors the chance to be part of the India growth story through the SageOne India Growth Fund. The Fund is an India dedicated long-only equities open-ended fund which invests in high quality growth companies in the small and mid-cap space across multiple sectors with a focus on long-term wealth creation for clients.
Our Approach
We believe that investing in high quality companies that can compound capital at an above -average rate while incurring a below-average level of risk and at attractive valuations is the most consistent way of generating returns.
We take the long-term approach and incorporate the quantitative and qualitative considerations below:
- Founders with integrity, efficient capital allocation and focus on building world class organizations.
- Professional management with successful execution capabilities and focus on profitable growth.
- Companies well positioned to capture competitor share and be the biggest beneficiary of long-term macro trends.
- Companies with well designed organic growth strategy.
- Businesses with huge structural & non- cyclical opportunities with earnings growth.
- Companies well positioned to gain market share from competitors without diluting profitability (ROE > 20%).
- Minimal margin contraction during cyclical downtrend & focus on improving margins to move up the value chain.
- Long term growth above industry average.
Why This Fund
Focuses primarily on small & mid-cap companies listed on the Indian exchanges, with majority of the portfolio in the US$250mn to US$4bn market cap range. – Should us US$1bn to US$10Bn.
Advised by a reputed India-based advisory team led by a seasoned Portfolio Manager in India with a proven 10-year track record. – 13 years
The Case for Investing in India
India, being one of the fastest-growing economies globally, is expected to have the world's largest working population by 2030. Higher purchasing power, improving social outcomes, and increasing domestic demand have contributed to its sustained growth — GDP growth is projected at 6.5% to 6.6% for FY2025-26 and 6.2% to 6.3% for FY2026-27, supported by a strong rebound to 8.0% in H1 FY2025-26. Over the last few years, supportive government reforms have aimed to transform India into a manufacturing hub for the world. With these factors, investing in India is a compelling option.
- 6.5%–6.6% GDP growth rate projected for FY2025-26, with H1 FY2025-26 recording 8.0% growth
- By 2030, India would also have the largest working-age population, already estimated at over 1 billion. India has also crossed 950 million active internet users as of 2025, with over 1 billion total internet users.
India has increased its global competitiveness by offering a 15% corporate tax rate to new manufacturing companies, which is among the lowest in the world. It has also reduced the tax rate for existing companies from 30% to 22%. The incentives encouraged many companies into setting up plants and has given a boost to the economy.
Corporate Tax Rates (%)
FDI inflows of US$81 billion in FY2024-25, up 14% YoY. Total FDI (inclusive of equity, capital, and re-invested earnings) rose further to US$50.4 billion in H1 FY2025-26, a 16% increase YoY.
Focus on making India a global manufacturing hub by implementing the Production Linked Incentives (PLI) scheme with a total outlay of US$26 billion across 14 key sectors. As of March 2025, the scheme has attracted ~US$21 billion in realized investments and generated over 12 lakh jobs.
Implementation of Goods and Services Tax in 2017 has subsumed various Indian indirect taxes and created a common market. GST collections hit a record US$257 billion in FY2024-25, with average monthly collections of ~US$21 billion — more than doubling from US$11 billion per month in FY2020-21, indicating strong economic momentum and a broadening tax base.
Team
Samit Vartak
Founder & CIO, SageOne Investment Managers
Samit Vartak is the Founding Partner and Chief Investment Officer ofSageOne Investment Managers LLP. Samit has been investing in theIndia equity markets since 1999 and has experienced and analysed many bull and bear cycles over the last two decades
Investment Advisors
In 2012, SageOne Investment Managers LLP (Previously known as SageOne Investment Advisors LLP) was co-founded by Mr. Samit Vartak, with a motivation to share his skills of identifying great businesses with investors at large. We offer investment management services through Portfolio Management Services (PMS) and Category III Alternative Investment Fund (AIF) structures.In today’s world, long treacherous groundwork is an extremely inefficient area of investment and would remain so for the foreseeable future. We strive to go multi- level deeper in every aspect of investment decisioning, from absolute growth to relative positioning, from immediate triggers to long-term moats, from top management to mid and ground level staff, and from end users to distribution channels and supply drivers. This enables us to have an edge to gauge potential of the business over a much longer duration.‘Sage’ meaning Wise and Virtuous is the core principle of our organisation.Sages serves as guardians of special knowledge, helpers or advisers; and examples of wisdom, virtue and goodness.
We look for Sustainable, Accountable, Growth-oriented and Efficient businesses to invest in.
