Portfolio Management Services for Business Leaders
Your capital works hard. Does it work smart?
VCA is a boutique portfolio management service led by Anup S Dadhich, Chartered Accountant — professionally managed portfolios with systematically measured risks.
The problem
The three quiet costs paid by executives who manage money on the side.
Time poverty
Running a company leaves no bandwidth for researching 50+ positions, tracking earnings and rebalancing through cycles.
Concentration drift
Portfolios accumulate stocks over years — untracked, unweighted, and often clustered in the same few sectors as your business risk.
Benchmark blindness
Without a measured benchmark, a portfolio can feel fine while quietly trailing the index — the most expensive mistake in wealth.
Velorum Capital Advisors solves exactly these challenges — professionally managed equity portfolios, measured against the market, reported with full transparency.
Evidences, not promises
A live client portfolio, managed by VCA for more than five years.
Morningstar X-Ray report generated for 30 June 2026 — independently verified, benchmarked every quarter since 2017.
₹1,00,000 invested with VCA five years ago is ₹3,00,000 today.
The same amount in the benchmark: ₹1,68,960.
Growth of ₹1,00,000 — VCA actual client portfolio vs benchmark
June 2021 to June 2026
Best 1-year run: +142.6%
Mar 2020 – Mar 2021. Positioned decisively into the recovery when others sat in cash.
Worst 5-year stretch: +22.2% p.a.
Even the weakest 5-year window (May '18 – May '23) delivered strong double-digit compounding.
Risk measured, not guessed
5-yr standard deviation of 22.6 with a 0.83 Sharpe ratio — returns earned per unit of risk, verified independently.
Every quarter, benchmarked
Performance tracked against the BSE 500-based benchmark quarter by quarter, since 2017. No hiding.
Benchmark: 80% BSE 500 / 20% India Short-Term Bond (Aggressive). Source: Morningstar Performance X-Ray via ICICIdirect, 30 June 2026. Performance shown is of an actual client portfolio. Illustrative compounding at reported 5-yr annualized returns (portfolio 24.57%, benchmark 11.06%). Past performance is not indicative of future results.
About us
A boutique practice, co-founded and led by Anup S Dadhich and Atul Agrawal.
Anup S Dadhich
Chartered Accountant
Co-Founder & Investment Advisor
19+ years in finance & markets
Atul Agrawal
Chartered Accountant
Co-Founder & Investment Advisor
20+ years in finance & markets
39 years of combined professional experience
Together, nearly four decades across finance, accounting and the Indian capital markets — through every cycle since 2007.
Investors first, advisors second
Both founders manage their own capital in the markets. Every strategy offered to clients is one they practice themselves.
Trusted by high-net-worth families
VCA manages portfolios for a select group of HNI clients — deliberately few, so every portfolio gets a founder's direct attention.
The rigour of two Chartered Accountants
Balance-sheet-level scrutiny of every company we own — numbers first, narratives later.
How we invest
The VCA method: concentrated conviction, diversified risk.
High-conviction core
Top 10 ideas carry ~60% of capital — researched deeply, sized deliberately, held with patience.
Balanced sector engine
Cyclical, sensitive and defensive sectors blended (≈49 / 30 / 21) so no single theme decides your outcome.
Bottom-up stock selection
From large-cap compounders to emerging mid-cap leaders across banking, pharma, defence and technology.
Radical transparency
Independent Morningstar X-Ray reporting on holdings, risk, style and returns — you see exactly what we see.
Live portfolio sector mix
Financials · Pharma · Industrials · Technology · Energy · Consumer
The VCA difference
Your money never leaves your account.
Unlike a typical PMS, VCA never takes custody of your funds. We manage decisions — you keep the money.
Typical PMS
transferred out
The VCA Way
Full control. Full visibility. Zero custody risk.
Your runway
Taking off with VCA.
Four steps from first conversation to a professionally managed portfolio — cleared, boarded and climbing.
Portfolio X-Ray
We run a complimentary Morningstar X-Ray of your current holdings — risk, overlap, sector drift, true returns.
Strategy blueprint
A written plan matched to your goals, liquidity needs and risk category — Aggressive, Moderate or Conservative.
Managed execution
We build and manage the portfolio in your own account. Your capital never leaves your name.
Quarterly accountability
Benchmark-relative reviews, independent reporting, and a direct line to your advisor — always.
No lock-ins pitched on day one. The first step is simply seeing your portfolio the way a professional does.
Get started
Let's start with your numbers.
I'd welcome 30 minutes to run a complimentary X-Ray of your current portfolio — no obligation, full discretion.
Book your Portfolio X-RayAnup S Dadhich & Atul Agrawal
Co-Founders & Investment Advisors
- Phone+91 91524 10001
- EmailVCA@velorumcap.co.in
- LocationMumbai | Bangalore | New Delhi | Pune | Surat