A Note from Our CMD

Dear Stakeholder,

2020 will be remembered for decades by the human kind for many bad reasons and, maybe, for a few good ones too.

Having said that, we are optimistic that 2020 will definitely be remembered for only good reasons by all the stake holders of Narnolia as we take the BIG LEAP towards what we call Narnolia 2.0

It’s indeed a big and meaningful leap from:

  • Being the leading brokerage firm of the East with $ 1.5 Billion worth of assets under custody to emerging as the most respected name in fund management and the leader in advisory products in the country
  • Being a generalist to a specialist and doing with greater focus what we love to do, what we are good at and which has brought the laurels for the company at the national and global level.

Narnolian Way of Life We aim at revenue maximisation through client satisfaction in a compliant way

EASE OF DOING BUSINESS Hurdles removed, enablers provided
PERFORMANCE PROCLIVITY Targets Achieved, Incentives earned
LONG TENURES Clients delighted,Performance derived, financial goals met
NARNOLIA GROWTH STORY Exponential growth for organization and team
WORK LIFE BALANCE Fundamentals, Focus, Freedom, Family, Friends & Fun
NARNOLIAN PERSONALITY Humbly aggressive, realistically optimistic, trusted with life & at peace with self & all


Research & Advisory
Fund Management
AMC Sales & Distribution
Investment Banking
Human Resources
Group Operations
Marketing & Branding
Research & Advisory
Fund Management
AMC Sales & Distribution
Investment Banking
Human Resources
Group Operations
Marketing & Branding

We started over two decades ago. A lot has changed since, but what has not are our fundamental principles, grounded in our core philosophy of improving the financial security of our customers - in a way that is absolutely ethical and relatively superior to the industry standards, and also in a way that the long term interests of the company and other stakeholders are taken care of automatically while believing and doing so.

Our journey

Trusted Investment Advisory & Management Firm since 1997.

Serving over 50 Broker Partners, Fund Houses & Institutional Investors

Strong team of 40 analysts

Pioneer in Investment Advisory Portfolio, running since 2009 with 18% CAGR vs 8% in NIFTY

Grow With UsJoin us as we ride the wave of the India growth story and Get an opportunity to work with some of the best leaders in the industry

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Narnolia Research Directory
KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. | Investors don’t need to issue cheques while subscribing to IPOs. Just write your bank account number and sign the application form to authorise your bank to make a payment on your behalf in case of allotment. You don’t have to worry about refunds as the money remains in the investor's account. | It has been brought to the notice of SEBI by Central Economic Intelligence Bureau, Department of Revenue, GOI, that certain fraudsters are collecting data of customers who are already into trading either in NSE / BSE and send them bulk messages on the pretext of providing investment tips and luring them to invest with them in their bogus firms by promising huge profits. Hence, the investors are requested to take note of the above and exercise caution and due care. | Process for filing complaints on the SEBI SCORES website: a. Register on SEBI SCORES | b. Mandatory details for filing complaints on SCORES | Name, PAN, Address, Mobile Number, Email ID | c. Benefits: i. Effective Communication ii. Speedy redressal of the grievances
About Narnolia

Narnolia, an investment management and advisory firm, was founded in 1997 by Krishna Narnolia & Shailendra Kumar. At Narnolia, we focus on improving the health of your wealth. We have created one of the best data-driven buy-side research teams in the country, with capabilities spread across asset classes and investment strategies. Not only do we focus on returns, we also focus on the quality of returns with the objective to maximize returns per unit of risk for the investor.

Investment Solutions

Portfolio Management Services (PMS) Narnolia PMS is meant to be a part of an investor's core buy-and-hold portfolio. It aims to capitalize on the wealth-creation opportunity in the indian economy by providing our investors an unique opportunity to diversify their investments by participating in 4 different equity strategies all through a single account based on their needs & risk-profile.

Investment Advisory Portfolios (IAP - Equity & Mutual Funds)Research-backed thematic baskets of stocks or mutual funds grouped together to achieve long-term growth with an expected return & a corresponding degree of risk.

Mutual Funds Research & AdvisoryInvestment Advisory Portfolios are thematic baskets grouped together to provide an expected return with a corresponding degree of risk. It provides discipline, professional competency, & a long- term approach

Index ManagementNarnolia Research has developed 69 objective indices including the world- famous and widely tracked 'All shares index (ASI)

Partner Solutions

We believe in collaboration with healthy competition, co- opetition, for the benefit of our customers. Let's use each other's strengths, create the right environment for our investors and grow together

B2B Investment Platform: Alphanest

Alphanest is a 'Customer Centric Multi- Asset, Multi- Strategy and Multi Broker' B2B Wealth Management Ecosystem.

Narnolia Financial Services Ltd (Formerly Narnolia Financial Advisors Ltd); Registered Office Address: Marble Arch, 2nd Floor, Office 201, 236b, A J C Bose Road, Kolkata- 700020; Phone No.-033-40501500; Corporate Office: A- 803, 1 Kanakia Wall Street, 8th Floor, AndheriKurla Road , Chakala, Andheri East, Mumbai-40093; Phone No.: +91 22 62701200; Website: SEBI MERCHANT BANKING - INM 000010791; PMS - INP000006420, RESEARCH ANALYST - INH 300006500, AMFI - ARN 3087, ROC-CIN: U51909WB1995PLC072876 Read More

In case of any queries related to your investments, you can get in touch with us at or WhatsApp us at +916204800291. For grievances, mail us at,

Investors may submit their online complaints on the official SEBI Scores website by clicking here. With regards to physical complaints to the Office of Investor Assistance & Education, Securities & Exchange Board of India, SEBI Bhavan, Plot No C4 A 'G' Block, Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051.


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