Our Firm

Dhandho Funds LLC, dba Pabrai Wagons Advisors, is an investment management firm founded by Mohnish Pabrai. We apply core investing principles to invest in high-quality businesses led by high-quality people. Our mission is to help our investors compound their capital at high rates of return. To do this, we offer a small number of funds with the discipline to “circle the wagons” around exceptional compounding engines that we are comfortable owning for a very long time. As of December 31, 2025, Mohnish Pabrai manages approx. $1 billion in private partnership and Exchange-Traded-Fund (the Pabrai Wagons ETF) assets through Pabrai Wagons Advisors and its affiliated advisor, Dalal Street LLC.

We are based in Austin, Texas.
VISIT PABRAI WAGONS ADVISORS
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Investment Team
Client Service and Operations
Mohnish Pabrai
Portfolio Manager
Fahad Missmar
Senior Vice President and Senior Analyst
Kimberly Engleman
Chief Compliance Officer and Office Manager
Aidan Townsend
Manager, Investor Relations
Anu Gupta
Administrative Consultant Team Lead
Anuradha Kedia
Administrative Consultant
Pauline Jin
Administrative Assistant
Karthiga Shanmugham
Administrative Consultant
Kirti Upadhyay
Administrative Consultant
Mohnish Pabrai
Portfolio Manager
Fahad Missmar
Senior Vice President, and Senior Analyst
Jaya Bharath Velicherla
Vice President
Kimberly Engleman
Chief Compliance Manager and Office Manager
Aidan Townsend
Manager, Investor Relations
Anu Gupta
Administrative Consultant Team Lead
Anuradha Kedia
Administrative Consultant
Pauline Jin
Administrative Assistant
Karthiga Shanmugham
Administrative Consultant
Kirti Upadhyay
Administrative Consultant
Investing involves risk. Principal loss is possible. The Fund is non-diversified, meaning it may focus its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund invests in small- and medium-capitalization companies, which involve additional risks such as limited liquidity and greater volatility than larger capitalization companies. The Fund is new with limited operating history and there can be no assurance that the Fund will grow to or maintain an economically viable size. Download the prospectus.
Before you invest in the Pabrai Wagons ETF, please refer to the Statutory Prospectus and Summary Prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-800-617-0004. The prospectus should be read and considered carefully before you invest or send money.
Exchange-Traded Funds (ETFs) are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
The Pabrai Wagons ETF is distributed by Quasar Distributors, LLC. Dhandho Funds, dba Pabrai Wagons Advisors, is the Advisor to the Pabrai Wagons ETF.
ABOUT THE PABRAI WAGONS ETF
The Pabrai Wagons ETF (ticker "WAGN") is the successor to the Pabrai Wagons Fund, a mutual fund that commenced operations on September 29, 2023. WAGN is non-diversified and maintains a focused portfolio of investments.
ADDITIONAL INFORMATION
For additional information about Pabrai Wagons Advisors, please visit us.
VISIT PABRAI WAGONS ADVISORS
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