White Pine Investment Management Private Limited – Portfolio Management Services (PMS)

Established in May 2021, White Pine Investment Management Private Limited was co-founded by Niraj Mansingka and Manish Karwa. Their objective was to establish a robust organization distinguished by its investment expertise. The firm's ambition is to generate enduring wealth for its clientele. White Pine envisions itself as a prominent asset management entity characterized by an entrepreneurial ethos and a deeply ingrained, process-oriented investment philosophy.

AUM (₹ Cr)

396.04

Clients

179

Strategies

1

As On

31 December 2025

Investment Strategies & Performance

Portfolio Management Services (PMS)

White Pine Investment Management Private Limited Portfolio Management Services (PMS) - Performance Returns
Strategy Category 1Y 3Y 5Y Inception
White Pine India Emerging Stars Multi Cap & Flexi Cap 2.73% 35.05% May 2022

Past performance is not indicative of future results. Returns are subject to market risks.

Portfolio Managers & Fund Management Team

Mr Manish Karwa

Co-Founder

Manish is a co-founder of White Pine Investment Management, established in May 2021. With over two decades of experience in equity research, his primary focus has been the financial services industry, encompassing banking, insurance, and non-banking financial companies. He has held positions at prominent financial institutions including Kotak, Deutsche Bank, Axis Bank, and Motilal Oswal. His expertise has consistently earned him high ratings from institutional investors and in independent market surveys. Manish holds an MBA in Finance from Mumbai University.

Mr Niraj Mansingka

Co-Founder

Niraj is a co-founder of White Pine Investment Management, established in May 2021. He possesses approximately 22 years of professional experience across equity investment, equity research, and information technology. His extensive background primarily encompasses equities (18 years) and real estate (including substantial equity investments and family business involvement). He also has prior experience in fixed income markets, with about 0.5 years dedicated to debt fund management. Prior to his current role, Niraj served as an Executive Director at Goldman Sachs Asset Management (GSAM), where he was involved with the management of funds for the GS India Equity Fund. He holds a Bachelor of Technology in Chemical Engineering, graduating with First Class Honours from the Indian Institute of Technology (IIT-BHU), Varanasi in 1998. He further holds an MBA in Finance and Strategy from the Indian School of Business (ISB), Hyderabad. Niraj has been a CFA charterholder since December 2007.

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Regulatory Information

SEBI Registration: INP000007331

Registered Office: A 1302, A wing, Millenium court building Jogeshwari West Mumbai- 400102

Disclaimer

This page is provided solely for general informational purposes in relation to the strategy and is based on publicly available information. While reasonable care has been taken to ensure accuracy, the information may not reflect the most recent updates.

Nothing on this page constitutes investment, financial, or legal advice, nor should it be considered a recommendation. Investment decisions should be made after consulting a qualified advisor and reviewing official scheme documents.

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Last Updated: December 2025 · Published by Affluense AI (affluense.ai)