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Buoyant Capital Private Limited

Wealth managementAsset manager

Mumbai, IndiaCRD 327612Updated

Buoyant Capital Private Limited is an investment adviser based in Mumbai, India, registered with the SEC since 2023. It provides investment management. Its clients include individual clients, high-net-worth individuals, and corporations and other businesses. Its regulatory assets under management total $955 million, as filed on 29 July 2026.

7,182
Clients
$115K
AUM per individual client
11
Advisory staff
1
Offices

From Form ADV filed 29 July 2026SEC record

Services and clients

Buoyant Capital Private Limited provides portfolio management for individuals and small businesses and portfolio management for pooled vehicles. The firm advises 3 private funds.

Buoyant Capital Private Limited reports 7,182 clients. They include 6,359 individual clients, 613 corporations and other businesses, and 180 high-net-worth individuals. Of its assets, 99.3% ($948M across 7,173 accounts) are managed with discretion; $6.63M across 9 accounts are not. Of its clients, 100% are outside the U.S. It advised 10 clients without assets under management last fiscal year.

Clients and assets by client type
Clients7,182 clients
Assets$955M
Share of clients and assets by client type
Client typeClientsAssets
Individuals (other than HNW)89%58%
High-net-worth individuals3%21%
Investment companies<1%1%
Corporations and other businesses9%20%
Client breakdown and activity details
Individuals (other than HNW)
Clients
6,359
Regulatory AUM
$554M
AUM share
58.0%
Avg. per client
$87.2K
High-net-worth individuals
Clients
180
Regulatory AUM
$197M
AUM share
20.6%
Avg. per client
$1.09M
Investment companies
Clients
30
Regulatory AUM
$10.9M
AUM share
1.1%
Avg. per client
$362K
Corporations and other businesses
Clients
613
Regulatory AUM
$193M
AUM share
20.2%
Avg. per client
$315K

Total

Clients
7,182
Regulatory AUM
$955M
AUM share
100%
Avg. per client
$133K
Clients outside the U.S.
100%
Clients advised without assets under management last fiscal year
10
Private funds advised
3

Fees and minimums

Buoyant Capital Private Limited is paid through a percentage of assets under management, fixed fees (other than subscription fees) and performance-based fees; its fees and minimums are set out in its brochures on the SEC website.

Ownership and people

Jigar Mistry owns 25% to 50% of Buoyant Capital Private Limited. The leadership team of Buoyant Capital Private Limited includes Chief Compliance Officer Mayuri Jangid. It has 79 employees, 11 of them in advisory roles.

Leadership

  • Mayuri Jangid
    Chief Compliance Officer
  • Viral Berawala
    Director
  • Sachin Khivasara
    Director
  • Jigar Mistry
    Director

Staff

  • 79 employees
  • 11 in advisory functions
Who owns the firm
Buoyant Capital Private Limited· the adviser
  • Jigar Mistry

    Control person · since August 2017

    Owns 25% to 50% of Buoyant Capital Private Limited
  • Sachin Khivasara

    Control person · since February 2014

    Owns 25% to 50% of Buoyant Capital Private Limited
  • Viral Berawala

    Control person · since May 2019

    Owns 25% to 50% of Buoyant Capital Private Limited

Growth and acquisitions

Buoyant Capital Private Limited’s regulatory assets grew 2.3× from $410M (July 2024) to $955M (July 2026); clients rose from 2,354 to 7,182 and employees from 49 to 79.

By annual filing
Measure
Figures from each annual filing
Buoyant Capital Private Limited figures from each annual Form ADV filing
FiledRegulatory AUMClientsEmployeesOffices
July 2026$955M7,182791
June 2025$674M3,340541
July 2024$410M2,354491

Offices and registration details

Besides its headquarters, Buoyant Capital Private Limited has 0 offices, with 1 listed address with no US state reported.

Contact and registration details

Legal name
Buoyant Capital Private Limited
Headquarters
B-3501, B-Wing, Kohinoor Square, N C Kelkar Marg, RG Gadkari Chowk, Shivaji Park, Dadar West, Mumbai, India 400028
LinkedIn
@buoyantcap
SEC file
801-129223
Structure
other (specify) organized in India
Fiscal year end
March

Custodians

Buoyant Capital Private Limited uses HDFC Bank ($809M) as custodian for its separately managed accounts. Buoyant Capital Private Limited has custody of $955M in client assets for 7,182 clients.

Reported separately managed account assets by custodian
$809M
named custodians
  • HDFC BankHDFC Bank LTD · Mumbai · $809M100%

Investments and reported holdings

At year end, Buoyant Capital Private Limited’s separately managed accounts were mostly in stocks (92%).

What the accounts hold

Separately managed account assets by class, year end
  • Stocks92%
  • Cash5%
  • Other3%
    • Other listed asset classes3%

Common questions

How many clients does Buoyant Capital Private Limited have?

Buoyant Capital Private Limited has 7,182 clients and manages $955 million for them, as of July 2026. They include 6,359 individual clients, 613 corporations and other businesses, and 180 high-net-worth individuals.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 29 July 2026

What services does Buoyant Capital Private Limited offer?

Buoyant Capital Private Limited provides portfolio management for individuals and small businesses and portfolio management for pooled vehicles.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Buoyant Capital Private Limited use?

Buoyant Capital Private Limited’s separately managed account assets are held at HDFC Bank LTD (Mumbai), with $809M. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 29 July 2026

How many financial advisors does Buoyant Capital Private Limited have?

Buoyant Capital Private Limited has 0 investment adviser representatives registered with state securities authorities, out of 79 employees, and 11 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Buoyant Capital Private Limited invest in?

At the end of its last fiscal year, Buoyant Capital Private Limited’s separately managed accounts held 92% exchange-traded equities, 5% cash and equivalents and 3% other. The 3% other category is described as: Other Listed Asset Classes. It advises 3 private funds.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Buoyant Capital Private Limited?

Buoyant Capital Private Limited’s direct owners are Jigar Mistry, Sachin Khivasara and Viral Berawala, each holding 50% or less.

Source: Form ADV Part 1A, Schedules A and B, filed 29 July 2026

How does Buoyant Capital Private Limited get paid?

Buoyant Capital Private Limited is paid through a percentage of assets under management, fixed fees and performance-based fees. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

How do I contact Buoyant Capital Private Limited?

Buoyant Capital Private Limited’s main office is at B-3501, B-Wing, Kohinoor Square, N C Kelkar Marg, RG Gadkari Chowk, Shivaji Park, Dadar West, Mumbai, India 400028. Its phone number is 912269319912. Its website is buoyantcap.com.

Source: Form ADV Part 1A, Item 1.F, filed 29 July 2026

Sources and methodology

  1. Form ADV Part 1A, amendment filed 29 July 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 327612.
  3. SEC registered adviser data, annual Form ADV amendments filed 8 July 2024 to 29 July 2026. Items 1.F and 5.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since. Disciplinary history is not yet shown here. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. The logo is reproduced for identification from Buoyant Capital Private Limited, website.

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