Home About Philosophy Research Contact

Long-term wealth creation
through independent thinking
and a focus on the bigger picture.

Inspired by the Himalayan Deodar — a tree that stands through storms, harsh winters, and changing seasons without reacting to every gust of wind. That enduring quality is the foundation of every investment decision made here.

Himalayan Deodar tree
"The goal is not to predict every storm — the goal is to own strong trees."
₹50 Cr+
Assets under management
Independent Thinking
Reason over narrative
Long-Term Perspective
The bigger picture matters

During his final internship at JPMorgan Chase, Sambhav Jain realised that financial statements are only one piece of a much larger puzzle. To understand businesses and markets, one must also understand history, human behaviour and the forces that shape decision-making. To truly understand markets, one must look beyond numbers — studying history, first principles, and what remains true even as narratives change. Markets ultimately reward sound reasoning and the ability to see the bigger picture when others focus on details.

His interest in investing began early. He started reading investment classics at 19 and began closely following markets at 20. Over the years, he has come to understand that strong long-term returns and capital preservation are not opposites — but achieving both demands independent thinking and genuine patience. He does not believe in limiting investing to a single style. Markets change. Circumstances change. What works in one decade may not work in the next. Instead, he returns to a few simple questions: "What do I believe that may be wrong?" "What can I see that others don't?" "What is my brain doing to mislead me?" Many of the myths that surround us in life are equally present in investing. Separating reality from popular opinion requires an independent and honest mind. That belief shapes every decision made at Deodar Investments — and it is the foundation on which its investment philosophy is built.

Today, Deodar Investments serves investors with assets under management exceeding ₹50 crores. Beyond investing, Sambhav enjoys studying history, reasoning, and philosophy. He has achieved a GMAT score of 700 and French language proficiency at the B1 level. Outside of work, he enjoys spending time in nature. Nature has strengthened his belief that reality does not change because of our preferences, and that good decisions begin with seeing things as they are rather than as we would like them to be.

Qualifications & Registration
Chartered Accountant — Membership No. 564521
AMFI Registered Mutual Fund Distributor — ARN: 193944
Sambhav Jain — Founder, Deodar Investments
Sambhav Jain — Founder, Deodar Investments
"Markets ultimately reward sound reasoning and the ability to see the bigger picture when others focus on details."

The approach is not about predicting what markets will do next month. It is about identifying quality businesses, understanding their enduring strengths, and allowing time to work in the investor's favour. A portfolio is not a collection of tickers — it is a garden, and every tree in it was chosen with care.

The name Deodar comes from the Himalayan Deodar tree. These trees stand tall through storms, harsh winters, and changing seasons. They do not react to every gust of wind. They endure, adapt, and continue growing.

Their roots go deep — deeper than what is visible on the surface. That invisible foundation is what allows them to stand tall when everything around them bends. That enduring quality forms the foundation of Deodar Investments.

The Deodar Tree
Deodar tree
  • Built for altitude: Grows at 1,500–3,200m elevation, through harsh winters, storms, and drought — and lives for over a thousand years.
  • Lifespan: Over 1,000 years. It does not grow quickly. It grows well — with deep roots that are rarely visible.
  • Sacred across the Himalayas: Revered for centuries as a symbol of permanence, protection, and divine strength across Himalayan cultures.
  • The investment parallel: Deep roots over rapid growth. Endurance over reaction. Quality over quantity. Patience over prediction.
01
The Portfolio as a Garden

Sambhav views a portfolio as a garden. A good garden does not depend on a single tree — it contains mango trees, fig trees, mulberry trees, and many others. Each grows at its own pace and bears fruit in its own season. The goal is to build a garden that keeps bearing fruit year after year.

02
Identify Quality Seeds First

The objective is not to constantly buy and sell. It is to identify quality seeds, plant them carefully, and allow them the time they need to grow. If a mango tree is healthy, you do not cut it down because the weather changes. You monitor it, nurture it, and give it the years it needs to mature. As long as the underlying business remains sound and the original reasons for owning it remain intact, there is little reason to sell.

03
Patience Is Not Enough on Its Own

The real challenge is not patience itself — most investors understand its importance. The challenge is identifying a mango tree in the first place. There is little value in patiently holding a thorny bush for twenty years and expecting it to become something it never was. At Deodar Investments, the focus is on identifying quality businesses, monitoring them honestly, and allowing time to work in their favour.

04
Independent, Honest Thinking

Many of the myths that surround us in life are equally present in investing. Separating reality from popular opinion requires an independent and honest mind. That belief shapes every decision made at Deodar Investments — and it is the foundation on which its investment philosophy is built.

These pieces are not predictions or calls to action. They are an attempt to reason carefully about markets, businesses, and the forces that shape long-term outcomes. Each one reflects the same approach that guides every investment decision at Deodar Investments — honest, independent, and grounded in the bigger picture.
01
The Goal Is Not to Predict Every Storm
On the fundamental challenge of market timing — and why the biggest costs are rarely the ones investors expect.
02
The Danger Is Not Ignorance. It Is Certainty.
Why investors seek certainty that markets cannot offer — and what that costs them over time.
03
Why Index Investing Works in the US — But the Story Is Different in India
A careful look at why the case for passive investing in India requires a different framework than the one applied in America.
04
Our Views on Bitcoin
An honest assessment of Bitcoin and cryptocurrency from a long-term, first-principles perspective.

Deodar Investments works with investors who share a belief in long-term thinking, sound reasoning, and genuine patience. If that resonates with you, we would be glad to have a conversation — with no obligation and no sales pressure.

Send a message
Or schedule a conversation directly →
Important Disclosures

Mutual Fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance is not indicative of future results. Deodar Investments is registered with the Association of Mutual Funds in India (AMFI) as a Mutual Fund Distributor (ARN: 193944). Registration with AMFI does not guarantee performance or assure returns to investors. Investors are advised to consult their financial advisors before making investment decisions. This website is for informational purposes only and does not constitute investment advice, solicitation, or an offer to buy or sell any securities. The views expressed are those of Sambhav Jain, CA (Membership No. 564521) and are based on publicly available information believed to be accurate. Deodar Investments does not guarantee the accuracy or completeness of any information provided herein.