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AdvisorCensus / Financial advisors / Minnesota / Minneapolis / India Capital LLC

India Capital LLC

Minneapolis, MNSEC-registered investment adviserCRD 309034

Filed as INDIA CAPITAL LLC

India Capital LLC is an SEC-registered investment advisory firm in Minneapolis, MN, registered since 2020, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 25, 2026.

5 years
registered since 2020
$365,298,804
assets under management
1 arrangement
Other
None
disclosure items (Item 11)

Quick answers

From the filing

How is India Capital LLC compensated?

On its Form ADV (Item 5.E, October 2026), India Capital LLC reports these compensation arrangements: other.

Where is India Capital LLC located?

India Capital LLC's principal office is in Minneapolis, MN, according to its Form ADV.

Is India Capital LLC registered with the SEC or a state?

India Capital LLC is an SEC-registered investment advisory firm, registered since 2020. Status as filed: Approved. CRD 309034.

How much does India Capital LLC manage?

India Capital LLC reports $365,298,804 in regulatory assets under management in its Form ADV filing dated March 25, 2026 (100% discretionary).

How have India Capital LLC's assets and staff changed since 2021?

In the Form ADV data for India Capital LLC: Regulatory assets under management: $266,370,115 in the October 2021 data and $365,298,804 in the October 2026 data, up 37%. Total employees: 1 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going.

What types of clients does India Capital LLC serve?

By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1); other investment advisers (1).

Does India Capital LLC report any disciplinary disclosures?

Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/309034

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

Item 5.E
  • Other

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

See the firm's brochure (dated March 25, 2026) for its fees and any account minimum, on the SEC's IAPD site.

Regulatory assets under management

Item 5.F
$365,298,804

$365,298,804 as of October 2026, filing dated March 25, 2026.

Discretionary: $365,298,804.Non-discretionary: $0.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Pooled investment vehicles (other than investment companies and business development companies)
Clients 1 Assets $365,298,804 (100%)
Other investment advisers
Clients 1 Assets $0 (0%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • Portfolio management for pooled investment vehicles (other than investment companies)
  • Other

Registration and firm details

Items 1, 2, 5
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2020 (5 years)
Employees
Total: 1. Performing investment advisory functions: 1.
Wrap fee program participation
No.
States registered or notice-filed
1 state or jurisdiction
MN

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$266M 2021 $364M 2022 $320M 2023 $365M 2024 $349M 2025 $365M 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$365,298,8041March 25, 2026
October 2025$348,926,3851March 26, 2025
October 2024$365,191,0551March 21, 2024
October 2023$320,297,1801March 30, 2023
October 2022$364,262,0511March 29, 2022
October 2021$266,370,1151March 31, 2021

Regulatory assets under management: $266,370,115 in the October 2021 data and $365,298,804 in the October 2026 data, up 37%.

Total employees: 1 in October 2021 and 1 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months

No changes to these filed facts in the last 12 months of filing data.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I

Not reported.

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. India Capital LLC (CRD 309034): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/india-capital-llc-minneapolis-mn-309034