In the ever-evolving landscape of alternative investments, investors are constantly seeking opportunities to maximize their returns while managing risk. In September 2023, several alternate investment fund stood out for their exceptional performance over the past year.
Hence, let’s dive into the recognition of these funds, categorized by their investment strategies.
Top contenders:
In this data-centric blog, we are going to discuss the multiple AIF funds in multiple categories. Note that, all the data is based on the last one year of performance.
Long-Only AIFs – Shining bright with remarkable returns:
The 3 Best Performing Long Only AIF in September’23
|
AMC & Scheme Name |
Overall Performance (%) |
|
| Inception Date | 1Y | |
| Abakkus Emerging Opportunities Fund | Jun-19 | 40.3% |
| Abakkus Growth Fund 1 | Jul-18 | 32.0% |
| Abakkus Growth Fund 2 | Nov-21 | 29.7% |
Abakkus Emerging Opportunities Fund
- Inception date: June 2019
- 1-year performance: 40.3%
Abakkus Emerging Opportunities Fund takes the lead with a stellar 40.3% return over the past year. This fund, established in June 2019, has outperformed its peers, making it a top choice for investors looking for long-term growth opportunities.
Abakkus Growth Fund 1
- Inception date: July 2018
- 1-year performance: 32.0%
Abakkus Growth Fund 1, in operation since July 2018, boasts an impressive 32.0% return over the last year. Its consistent growth and performance have attracted the attention of savvy investors.
Abakkus Growth Fund 2
- Inception date: November 2021
- 1-year performance: 29.7%
Despite being the newest entrant on our list, Abakkus Growth Fund 2 has quickly gained recognition. With a 1-year return of 29.7%, it’s a testament to the fund’s potential and the management’s expertise.
Long-Short AIFs: The art of balancing risk and reward:
The 2 Best Performing Long short AIF in September’23
|
AMC & Scheme Name |
Overall Performance (%) |
|
| Inception Date | 1Y | |
| Alta Cura Absolute Return | Oct-21 | 18.20% |
| ICICI Prudential Long Short Fund – Series I | Aug-18 | 8.2% |
| Tata Absolute Return Fund | Apr-19 | 8.2% |
Alta Cura Absolute Return
- Inception date: October 2021
- 1-year performance: 18.20%
Alta Cura Absolute Return, launched in October 2021, has delivered a remarkable 18.20% return over the past year. This long-short AIF has effectively balanced risk and reward, making it an intriguing option for investors seeking a mix of stability and growth.
In the above table, you can notice that ICICI Prudential Long Short Fund – Series I and Tata Absolute Return Fund both have the same performance. Therefore, we put these two funds in the second position.
ICICI Prudential Long Short Fund – Series I
- Inception date: August 2018
- 1-year performance: 8.2%
ICICI Prudential Long Short Fund – Series I has provided investors with an 8.2% return over the last year. This alternate investment fund, established in August 2018, exemplifies the strategy of capitalizing on market fluctuations to generate returns.
Tata Absolute Return Fund
- Inception Date: April 2019
- 1-Year Performance: 8.2%
Tata Absolute Return Fund, launched in April 2019, has also achieved an 8.2% return in the past year. It’s another noteworthy option for investors looking to navigate market volatility.
Long Short-Equity Plus AIFs for enhanced return funds:
The 3 Best Performing Long Short- Equity Plus AIF in September’23
|
AMC & Scheme Name |
Overall Performance (%) |
|
| Inception Date | 1Y | |
| Avendus Enhanced Return Fund-II | Nov-18 | 15.64% |
| Nuvama Enhanced Dynamic Growth Equity | Apr-21 | 15.6% |
| Tata Equity Plus Absolute Returns Fund | Mar-20 | 12.1% |
Avendus Enhanced Return Fund-II
- Inception Date: November 2018
- 1-Year Performance: 15.64%
Avendus Enhanced Return Fund-II, in operation since November 2018, has recorded a 15.64% return over the last year. This fund focuses on enhancing returns through strategic investments, making it an appealing choice for those seeking consistent growth.
Nuvama Enhanced Dynamic Growth Equity
- Inception Date: April 2021
- 1-Year Performance: 15.6%
Nuvama Enhanced Dynamic Growth Equity, a relatively new entrant in the market since April 2021, has swiftly gained recognition with a 15.6% return over the past year. This fund’s dynamic approach to equity growth has captured the interest of investors.
Tata Equity Plus Absolute Returns Fund
- Inception Date: March 2020
- 1-Year Performance: 12.1%
Tata Equity Plus Absolute Returns Fund, established in March 2020, has delivered a solid 12.1% return in the last year. This fund aims to provide absolute returns, showcasing its commitment to investor satisfaction.
Why are these alternate investment funds appealing?
These top-performing AIFs represent a spectrum of investment strategies, from long-only to long-short and enhanced return funds. Their remarkable performance over the past year underscores the importance of diversifying portfolios with alternative investments.
Investors should conduct thorough research and consider their risk tolerance and investment goals before choosing an AIF. Additionally, consulting a financial advisor can provide valuable insights into selecting the right fund for individual financial objectives.
End note:
As the investment landscape continues to evolve, keeping an eye on the performance of these AIFs and staying informed about market trends will be crucial. It is very helpful, especially for investors seeking to optimize their portfolios.
Therefore, you may consult AIF & PMS Experts India to identify which alternate investment fund is suitable for you. For this, you can email us at [email protected] and call us at 8368586435.