35 years of quiet compounding
SM Investments was never meant to be a fintech startup. It was meant to be the practice a family in Bhavani Peth could call when they weren't sure what to do with their savings.
A 35-year record
Founded in Solapur
SM Investments established by Shriniwas Machal at 132B Sri Nilaya, Chatla Chowk, Bhavani Peth. AMFI registration obtained.
[CLIENT: Add milestone]
[CLIENT: Describe a key moment — first 100 clients, expansion of services, etc.]
[CLIENT: Add milestone]
[CLIENT: Describe a key moment — a market cycle navigated, a service added, etc.]
[CLIENT: Add milestone]
[CLIENT: Describe a key moment]
AIF / SIF added to practice
With SEBI's introduction of the Specialised Investment Fund (SIF) category in 2025, SM Investments expanded to serve sophisticated investors seeking access beyond traditional markets.
35 years. Still answering the phone.
SM Investments enters its 35th year — still a one-person, relationship-first practice, still based at the same Solapur address.
[Nirgun Shriniwas Machal]
CLIENT: supply portrait
Nirgun Shriniwas Machal
AMFI-Registered Mutual Fund Distributor · Solapur, Maharashtra
[CLIENT: Please supply a 2–3 paragraph biography in plain language. Talk about your background, why you started this practice, and what motivates you to keep going 35 years later. The text below is a placeholder.]
How we work with a new client
A conversation, not a form
We start with a phone call or a meeting at the Solapur office. No questionnaires, no pressure — just a conversation about where you are and where you want to get to.
A plan that fits your life
Based on what you tell us, we suggest a mix of instruments that fits your actual situation — your income, your goals, your risk tolerance — not a default template.
An ongoing relationship
We review your portfolio with you regularly. You can always reach Nirgun directly by phone or WhatsApp — you'll never be handed off to an assistant.