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Founder’s Message: 2024

As we usher in a bright new 2024, I’d like to personally extend my heartfelt gratitude to all our valued clients for your continued partnership and entrusting Blue Lake Capital with your financial aspirations.

The 2023 journey: An exciting trajectory

The year gone by, has been a testament to resilience, adaptability and challenges, yet together we navigated through uncertainty and emerged stronger, with triumphs that shaped our remarkable journey. After being judged as the 10 Best Wealth Start-ups of India back in 2022, Blue Lake Capital added many feathers to it’s cap in 2023. Our Asset Under Management grew by a staggering 159% and the client base increased by a stellar 173%. Blue Lake Capital proudly expanded it’s geographical horizon with it’s team presence now covering Mumbai, NCR, Chandigarh, Chennai, Kolkata, Ahmedabad and Hyderabad with a highly diverse talent mix of dynamic young go-getters from India’s premier institutes, to seasoned ex-bankers and industry stalwarts. Research being our core area of focus and forte, we added significant resources to our research team in 2023.

Blue Lake Capital has now spread it’s ambit to international shores with it’s strong presence in the Middle East markets and it’s multiple tie-ups with several private banks based in Dubai International Financial Centre (DIFC). With this, Blue Lake Capital now offers a wide spectrum of domestic and international product suite as well as dollar denominated offerings out of our very own GIFT city.

Performance in 2023 (Not indicative of future results)

In 2023, your investments navigated a volatile market. In the face of global challenges your confidence in our investment strategies propelled us to steer the ever-changing landscape and deliver robust results for each of our private clients.

We are proud to report solid performance and growth in client portfolios. As on December 31st, 2023, the average CAGR across all equity centric client portfolios was at a robust 39% p.a., while the top performing portfolios grew at a CAGR as high as 58% p.a., versus the benchmark Nifty which recorded a growth of roughly 20% in 2023.  

Way Forward: Opportunities galore coming up in 2024

Looking ahead, 2024 holds promise and infinite possibilities, and we are optimistic about the once-in-a-lifetime opportunity that lies ahead for our clients. We are fully poised to navigate market complexities and our seasoned research team is relentlessly focused on staying ahead of the curve while harnessing emerging trends.

As we embark on this journey together, Blue Lake Capital reaffirms it’s steadfast commitments to it’s core values of Integrity, Stability, Trust and Accountability, while providing personalized solutions tailored to your unique goals, insightful market analysis, strategic guidance and best-in-class performance, thus ensuring your financial objectives align with our collective success. Last but not the least, we’ll stay committed on being a socially and environmentally responsible organization and that our ethics are unwavering. 

So here’s wishing you a spectacular 2024. May this year be filled with prosperity, growth, and shared accomplishments. Thank you for being an integral part of the BLCM family and this incredible journey of taking the Quantum Leap in Wealth!

Warm Regards,


Vishal AHUJA, CWM® (USA)

Founder & Chief Analyst









The Capital, Level 7, Executive Centre, G-Block,

BKC, Bandra (East), Mumbai-400051, India.