Home / Business and Economy / Utpal Sheth: Rakesh Jhunjhunwala's Secret Weapon Revealed
Utpal Sheth: Rakesh Jhunjhunwala's Secret Weapon Revealed
24 Sep
Summary
- Utpal Sheth was Rakesh Jhunjhunwala's trusted partner at RARE Enterprises.
- He managed billions and selected multibagger stocks like Titan.
- Sheth's LimitedACTIV Methodology drives TRUST Mutual Fund's performance.
Utpal Sheth, the Senior Partner and CEO of RARE Enterprises, was the analytical force behind the investment strategies of the late Rakesh Jhunjhunwala. For over a decade, Sheth managed billions in assets and was credited with identifying key multibagger stocks.
Sheth's journey began with a chance meeting with Jhunjhunwala in 1997. Their collaboration, which started in 2003, laid the structural foundation for stock selection at RARE Enterprises.
Currently, Sheth leads TRUST Group and TRUST Mutual Fund, where he applies his "LimitedACTIV Methodology." This systematic approach aims to drive performance in equity schemes.
The TRUST MF Flexi Cap Fund, launched in April 2024, has delivered a 10.9% CAGR. The TRUST Small Cap Fund, launched in November 2024, has achieved a 19.8% CAGR as of September 21, 2026.