ICAI National Conference in Udaipur Concludes with Discussions on Investment Strategies and Wealth Creation

Experts Share Insights on Capital Markets, Small-Cap Investments, Asset Allocation and the Role of CAs in IPOs

Udaipur, October 25, 2026: The two-day national conference Chanakya – The Strategy of Investment, organised by the Udaipur Branch of the Institute of Chartered Accountants of India (ICAI) under the aegis of its Financial Markets and Investor Awareness Committee, concluded on Sunday at Ramee Royal Resort, Udaipur.

Held on the theme Ancient Wisdom, Modern Markets, the conference brought together financial experts from across the country to discuss the changing landscape of capital markets, modern investment strategies, wealth creation opportunities and investor behaviour.

ICAI Udaipur Branch Chairman CA Chirag Dharamawat said the conference aimed to familiarise chartered accountants and financial professionals with developments in capital markets, emerging investment options and modern investment strategies.

He emphasised that understanding financial markets, making informed investment decisions, managing risks and developing long-term wealth creation strategies have become increasingly important. Such conferences provide professionals with opportunities to enhance their knowledge and learn from the experiences of industry experts.

Four Technical Sessions Focus on Investment Strategies

The second day featured four technical sessions covering different aspects of investment management, investor psychology, small-cap investments and the development of India’s capital markets.

Asset Allocation and Portfolio Management Strategies

In the first technical session, Sunit Kabra, Co-founder and Chief Executive Officer of Mumbai-based Equitree Capital Advisors Private Limited, spoke on Framework for Asset Allocation and Strategies for Portfolio Management Services.

He explained the importance of balanced asset allocation within investment portfolios and discussed the role of Portfolio Management Services (PMS) strategies in investment management.

Investor Mindset and Emotional Discipline

In the second session, Sachin Jain, Founder of Mumbai-based Prahas Capital Advisors LLP, spoke on Why the Right Mindset Matters More Than Intellectual Ability in Investing.

He highlighted that knowledge and analytical skills alone are not enough to succeed in investing. Patience, emotional balance, discipline and the right mindset also play an important role. He stressed the need to control emotions while making investment decisions and maintain a long-term perspective.

Small-Cap Investments and Future Wealth Creation

The third technical session was addressed by Mukesh Bajaj, Vice President of Sales and Business Development at New Delhi-based Carnelian Asset Management and Advisors Private Limited.

Speaking on The Next Generation of Wealth Creation in India and Small-Cap Investment Opportunities, he discussed investment opportunities in smaller companies, their growth potential and their role in future wealth creation.

He also underlined the importance of evaluating both potential opportunities and associated risks before making investment decisions.

Role of Chartered Accountants in IPOs and Capital Markets

In the final technical session, Hitesh Mandot, Managing Director of Mumbai-based DAM Capital Advisors Limited, spoke on Beyond Compliance: The Role of Chartered Accountants in the Evolution of Indian IPOs and Capital Markets.

He highlighted the contribution of chartered accountants to the growth of India’s initial public offering (IPO) market and capital markets. He explained that professionals can contribute beyond their traditional compliance responsibilities by helping companies access capital markets and pursue growth opportunities.

The four sessions provided participants with insights into portfolio management, investor psychology, small-cap investment opportunities and the role of chartered accountants in India’s capital markets. The conference concluded with a closing session followed by high tea.

Members, Collaborators and Sponsors Honoured

ICAI Udaipur Branch Vice-Chairman CA Saurabh Golchha said the branch’s managing committee honoured members, collaborators and sponsors who contributed to the successful organisation of the conference.

The branch expressed its gratitude to everyone who supported the event. Golchha said the conference provided participants with an opportunity to understand the practical aspects of financial markets, emerging investment options and modern investment strategies.

He added that knowledge of capital market operations, portfolio management and risk management is particularly important for professionals in the changing economic environment.

Team Members Who Contributed to the Event

The conference organising team included coordinators Vishal Menaria, Raunak Jain, Prakash Prajapat, Raunak Shukla, Hitesh Goswami, Damini Kasat, Madhu Chandalia, Rohini Avchar, Naresh Suthar, Shubham Bholawat, Abhishek Dani, Shubham Jain, Deepak Shrimali, Himanshu Lodha, Rahul Sethia, Deepak Patel, Diksha Jaroli, Bhumija Samdani, Riddhi Jain and Bheetik Sethia.

Members of the ICAI Udaipur Branch managing committee, including Saurabh Golchha, Rahul Maheshwari, Kapil Joshi, Dharmendra Kothari and Aruna Gelda, also played an active role in organising the event.

Branch Secretary Aruna Gelda expressed gratitude to the guests, speakers, participants, sponsors and collaborators for their support.

FAQ Section

1. What was the name of the ICAI national conference held in Udaipur?

The conference was titled Chanakya – The Strategy of Investment.

2. When did the ICAI national conference conclude?

The two-day conference concluded on Sunday, October 25, 2026.

3. Where was the conference organised?

The conference was held at Ramee Royal Resort in Udaipur, Rajasthan.

4. What was the theme of the conference?

The theme was Ancient Wisdom, Modern Markets.

5. How many technical sessions were held on the final day?

Four technical sessions were held on the second and final day of the conference.

6. Which investment topics were discussed during the sessions?

The sessions covered asset allocation, Portfolio Management Services, investor psychology, small-cap investments, wealth creation and the role of chartered accountants in IPOs and capital markets.

7. Who organised the conference?

The ICAI Udaipur Branch organised the conference under the aegis of ICAI’s Financial Markets and Investor Awareness Committee.

8. What happened during the closing ceremony?

Members, collaborators and sponsors who contributed to the successful organisation of the conference were honoured, followed by a closing session and high tea.