Nilesh Shah is a well-known name in India’s investment and PMS (Portfolio Management Services) space. He is the Founder, Managing Director, and CEO of Envision Capital Services Pvt Ltd, a Mumbai-based investment firm focused on long-term value investing.
Unlike loud market influencers, Nilesh Shah is known for his quiet, disciplined, and data-driven approach. Over the years, he has built a strong reputation among HNIs (High Net-Worth Individuals) for spotting value in small and mid-cap companies and holding them patiently. His investing style is more about business quality and long-term compounding, not short-term trading.
Nilesh Shah Bio
| Attribute | Details |
|---|---|
| Full Name | Nilesh Shah |
| Profession | Investor, Fund Manager |
| Company | Envision Capital Services Pvt Ltd |
| Designation | Founder, MD & CEO |
| Education | MBA (Finance) – IRMA |
| Professional Qualification | CFA |
| Experience | 30+ Years |
| Age (2026) | Approx. 55–58 Years |
| Base Location | Mumbai, India |
| Net Worth (2026) | ₹846.5 Crore+ (estimated) |
| AUM Managed | ₹1,600+ Crore (2025) |
| Investment Style | Long-term value investing |
| Famous For | PMS, small-mid cap investing |
| Media Presence | CNBC-TV18, NDTV Profit |
Early Life, Education & Background
Very little is publicly available about Nilesh Shah personal life, which itself tells a lot about his personality. He prefers staying away from limelight and focuses strictly on work and performance.
Academically, he is very strong. He completed his MBA in Finance from IRMA (Institute of Rural Management, Anand) between 1990 and 1992. He is also a CFA (Chartered Financial Analyst), which adds serious credibility to his investment expertise. Based on his education and early career timeline, his age in 2026 is estimated to be around 55–58 years.
Career Journey – From Finance Professional to PMS Founder
Nilesh Shah career spans more than 30 years in India financial sector. He started his professional journey in the early 1990s with GRUH Finance, where he gained experience in credit and housing finance. This early exposure helped him understand risk, balance sheets, and cash flows at a ground level.
Later, he worked with Kotak Mahindra Asset Management Company as President (2005–2007), where he was involved in fund management and equity strategy.
In November 2009, he took a bold step and founded Envision Capital Services Pvt Ltd. His goal was simple but powerful: Create long-term wealth by investing in undervalued but high-quality Indian businesses.
Envision Capital – Business Model & Investment Style
Envision Capital is a boutique investment management firm focused mainly on Portfolio Management Services (PMS).
- Founded: 2009
- Headquarters: Mumbai
- AUM (2025): ₹1,600+ crore
- Clients: HNIs & long-term investors
The firm flagship strategy is often referred to as the India Value Portfolio, which focuses on:
- Small & mid-cap companies
- Consumer-focused businesses
- Long holding periods
- Strong balance sheets
Envision Capital does not chase trends. Instead, it looks for value where markets are ignoring opportunities.
Nilesh Shah Net Worth (2026)
As of 2026, Nilesh Shah estimated net worth is ₹846.5 crore+, based on publicly tracked stock holdings.
Important points to understand:
- This figure is based on personal stock investments, not Envision Capital total AUM
- He reportedly holds stakes in around 10 listed companies
- His actual net worth could be higher due to private investments and PMS income
His wealth has mainly come from:
- Long-term equity investments
- PMS management fees
- Capital appreciation over decades
Also see: Siddharth Bhaiya Net Worth 2026
Salary & Income
Since Envision Capital is a private firm, Nilesh Shah exact salary is not publicly disclosed.
However, based on industry standards:
- His income likely comes from PMS management fees
- Performance-linked incentives
- Personal investment returns
Given Envision Capital’s AUM and long track record, his annual earnings are estimated to be in multiple crores, though no official number is available.
Portfolio Strategy – How Nilesh Shah Invests
Nilesh Shah follows a value-driven, long-term investment philosophy.
Key principles of his portfolio approach:
- Buy businesses, not stocks
- Focus on earnings growth and cash flows
- Avoid hype and short-term noise
- Stay invested through market cycles
While the exact stock names are not fully disclosed publicly, his portfolio is known to lean towards mid-cap and small-cap companies with strong fundamentals.
Media Presence & Market Views
Nilesh Shah is regularly seen on:
- CNBC-TV18
- NDTV Profit
- Business news YouTube channels
He often shares views on:
- Indian equity valuations
- Consumer demand
- Long-term investing discipline
- Risks in overheated markets
In recent years, he has openly warned about overvaluation and bubbles, encouraging investors to stay cautious and patient.
Nilesh Shah’s journey is a strong reminder that real wealth in markets is built quietly, slowly, and with discipline. He is not a social-media investor, but a serious fund manager who believes in fundamentals, patience, and long-term thinking.






