# 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.

- CRD: 309034
- Filed as: INDIA CAPITAL LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Minneapolis, MN
- Filing period: October 2026
- Form ADV filing dated: March 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/309034
- AdvisorCensus page: https://advisorcensus.com/firm/india-capital-llc-minneapolis-mn-309034

## Quick answers

**How is India Capital LLC compensated?**
On its Form ADV (Item 5.E, October 2026), India Capital LLC reports these compensation arrangements: other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**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

### Compensation (Item 5.E)
- Other

### Regulatory assets under management (Item 5.F)
- Total: $365,298,804
- Discretionary: $365,298,804
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $365,298,804 |
| Other investment advisers | 1 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Other

### Firm details
- Registered since: 2020 (5 years)
- Employees: 1 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: MN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $266,370,115 | 1 | March 31, 2021 |
| October 2022 | $364,262,051 | 1 | March 29, 2022 |
| October 2023 | $320,297,180 | 1 | March 30, 2023 |
| October 2024 | $365,191,055 | 1 | March 21, 2024 |
| October 2025 | $348,926,385 | 1 | March 26, 2025 |
| October 2026 | $365,298,804 | 1 | March 25, 2026 |

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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. India Capital LLC (CRD 309034): Form ADV filing data as of October 2026.