Government Securities & SDLs
Sovereign and state paper across tenors, the anchor sleeve, duration control with near zero default exposure.
Eshiruss Fund Management
Where Debt Is Read
Where Debt Is Read
Line by Line
A coupon tells you what a bond pays. It never tells you whether you'll be paid. Eshiruss Fund Management examines the borrower before the yield and every holding sits directly in your own demat account.
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About Eshiruss Fund Management
One Desk Every Holding in Your Name
Eshiruss Fund Management is a SEBI-registered portfolio manager born inside debt capital markets. We assemble books of bonds and non-convertible debentures one instrument at a time no pooling, no borrowed conviction for investors who want their capital protected and their returns understood.
Mission
To grow and protect client wealth through our own research on every borrower, portfolios built for one investor, and holdings owned outright by the people who paid for them.
Vision
To become the name that investors turn to for debt done right, portfolios that protect capital first and earn a return second.
Client Focus
Built for investors who approach debt with discipline and value transparency, thoughtful portfolio construction, and direct ownership of every security in their own demat account.
Why Choose Eshiruss Fund Management?
A career spent lending, structuring, and pricing debt, now focused totally on your portfolio.
Borrower Before Yield
Balance sheets, security cover, and covenants read first.
Held Outright
Your bonds sit in your own demat account, not in our name, not mixed with other investors
Cash on Schedule
Coupons and maturities timed to when you'll need them.
The Perfect Balance
Fewer fluctuations than equity, more returns than an FD.
The Instrument Set (what goes into a book)
Debt is not one product. Each class carries its own risk, duration, and liquidity temperament, and each earns a specific seat.
Corporate Bonds
Listed issues from rated companies across finance, infrastructure, and industry chosen on our own analysis, not the rating card alone.
Non-Convertible Debentures
Secured and unsecured, primary and secondary, where structure and covenant strength justify the spread.
Money Market & Short Paper
T-bills, commercial paper, and near-dated instruments that keep the book liquid while capital awaits next placement.
How We Invest
Scrutinized Like a Lender. Run Like a Portfolio.
The scrutiny institutions apply before they part with money, brought to everything that enters a client portfolio.
01
Sourcing
Primary issuance and secondary opportunities across the rated universe, screened for structure and relative value against the curve.
02
Diligence
Borrower level examination: balance sheet strength, leverage and coverage, the security and covenant package, promoter and governance record.
03
Construction
Spread across names, sectors, and tenors, with laddered maturities, concentration caps, and liquidity buffers sized to you.
04
Surveillance
A continuous watch on every covenant of the securities in your portfolio, to pre-empt risks and reported to you through periodic statements.
Two Engines, One Book
A managed book shouldn't rely on a single gear. Ours runs two, working in concert.
The core does the compounding
Anchored to our highest conviction names and tuned across rating tiers, it favours longer dated paper and low turnover, holding to yield-to-maturity so that returns arrive steady and legible over a horizon near three years.
The satellite works the gap
A hands on sleeve of liquid, frequently traded instruments, it acts on mispricing over roughly six months to lift returns above the baseline the core has locked in.
Together they chase the same end by different means: the core secures the floor, the satellite reaches for more.
Mandate Details & Parameters
A strict framework of operation. We execute solely within the bounds of safety, liquidity, and client comfort.
Portfolio Manager
Eshiruss Fund Management Private Limited
Objective
Steady, reliable performance from high-grade debt and money market instruments, aiming to outpace bank deposits and conventional debt mutual funds.
Universe
Handpicked bonds rated AAA to BBB−, with an overall portfolio rating targeted at A−.
Selection
Each security chosen within scheme guidelines to sharpen the risk reward line.
Allocation
100% debt and money market instruments.
Benchmark
CRISIL Composite Bond Fund Index.
Horizon
Typically up to 48 months, extendable as opportunity allows.
Key risks
Liquidity, settlement, default, interest rate, and reinvestment.
Three Ways to Work With Us
Model I — Discretionary
For those who want it handled.
We run the book end to end within an agreed mandate selection, execution, rebalancing and account to you for every move.
Model II — Non-discretionary
For those who want the final word.
We make the case, the call is yours. Each idea arrives with our view attached, and nothing trades until you confirm.
Model III — Advisory
For those who execute themselves.
Research and counsel on paper that you already own : reviews, allocation guidance, instrument-level recommendations.
Before You Invest
Portfolio management in India sits under SEBI Regulations. Four things worth knowing before a first conversation.
₹50 lakh
The minimum per client for investment in any PMS
Direct
Securities rest in your demat, never pooled with others, never registered to us.
Disclosed
Fees, actions, and costs are written into the agreement and reported through the year.
No Lock-in
Add or withdraw as you choose, subject to instrument liquidity and the agreed terms.
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Grow Your Capital With Eshiruss Fund Management
Build your yield, guard your principal, or partner with us. Begin with a conversation.