Aarth Growth Fund

Returns

After expenses, before performance fee and tax, as Aarth AIF reports them, to 30 Sep 2026. AIFs report returns on different bases, so compare like with like.

Fund details

Category

Category III

Strategy

Long-only

Market-cap style

Small cap

Asset type

—

Benchmark

NIFTY Smallcap 250

Fund manager

Adheesh Manager & Rishi Agarwal

Market-cap mix

• Small cap96.00%
• Cash4.00%

The five largest holdings are 14.57% of the portfolio.

Investment approach

The primary objective of the Fund shall be to carry out the investment activities as permissible for a Category III AIF under the AIF Regulations. The Fund will be focused on investment opportunities in companies listed on Indian stock exchanges, IPO participation (including SME and main board), listed equity, QIB, preferential allotment, private placement, liquid assets, and unlisted securities of late stage Portfolio Companies. It will primarily target companies in sectors that are positioned to capitalize on the long term growth prospects and competitive advantages of India. India offers significant long term growth potential and cost benefits in the global marketplace today. The Investment Manager expects these advantages to be sustained over a long period of time and believes they could be a driving factor in delivering superior returns.

Aarth Growth Fund follows a disciplined, research driven strategy to identify high growth investment opportunities across listed and unlisted securities. Using a bottom up selection process, it focuses on companies with strong financials, sustainable cash flow, and scalable business models. Key aspects of the approach include. Rigorous Due Diligence: Each investment undergoes detailed evaluation, assessing financial strength, governance, and market positioning. Active Portfolio Management: The fund dynamically reallocates capital, ensuring quick action on promising opportunities while exiting underperforming assets. Strategic Risk Control Investments are capped at 10% per company to limit concentration risk, while 40% allocation in unlisted securities balances liquidity with high growth potential. Agile Exit Strategies: The fund proactively identifies exit points before investment, ensuring timely and profitable divestments.By leveraging fundamental analysis, tactical execution, and market agility. Aarth Growth Fund is designed to generate alpha driven returns, adhering to SEBI’s regulatory framework while maximizing value creation for investors.

About the fund manager

Mr Rishi Agarwal — Co-Founder and Fund Manager

A Chartered Accountant, CFA Charter holder, and Certified Fund Manager, brings over a decade of expertise in shaping investment strategies for family offices and corporate treasuries. His experience spans designing and implementing investment policies and risk management frameworks, enabling institutions to navigate complex financial landscapes effectively. Rishi has led finance transformations for corporates with assets exceeding Rs.1,000 crore and has worked closely with CXOs of wealth management firms managing over $40 billion in AUM. Known for driving cost efficiencies of over Rs.500 crore and optimizing treasury operations, his strategic approach and deep financial insights enable him to make high-impact investment decisions at Aarth Growth Fund, ensuring sustainable returns and long-term value creation for investors.

Mr Adheesh Kabra — Co-Founder and Fund Manager

Adheesh Kabra, a Chartered Accountant, Company Secretary, and Certified Financial Planner, brings over 15 years of expertise in capital markets. As Co-Founder and Fund Manager of Aarth AIF, he specializes in identifying high-potential investment opportunities, particularly in the SME sector, and designing agile investment strategies that deliver sustainable growth. Adheesh's strong institutional network and deep promoter relationships empower him to validate and execute investment ideas effectively, ensuring atractive returns for investors. His leadership and strategic insights have been instrumental in shaping Aarth AIF's commitment to transparency and high-growth opportunities. Previously, Adheesh founded Prabhat Investment Services and AS Finalysis Ventures LLP. He also served as Director & CFO of Prabhat Financial Services Ltd.

As the fund house describes it.