- Category
- III
- Strategy
- Long-only
- Fund house
- Prudent Equity
ACE Fund
+2.10%
1-year return, gross of fees
Benchmark BSE 500 TRI · data as of 30 Sep 2026
ACE Fund, a Category III long-only AIF from Prudent Equity, returned 2.10% (gross of fees) in the year to 30 Sep 2026. It began on 16 Dec 2022.
Key numbers
- AUM
- —
- Benchmark
- BSE 500 TRI
- Launched
- 16 Dec 2022
- Min. investment
- ₹1 crore
- Returns basis
- Gross of fees
Returns
| Period | This fund | BSE 500 TRI |
|---|---|---|
| 1 month | −1.80% | −5.60% |
| 3 months | −2.40% | −3.90% |
| 6 months | +14.00% | +7.40% |
| 1 year | +2.10% | −3.20% |
| 2 years | −6.40% | −4.90% |
| 3 years | +13.40% | +8.00% |
| Since inception | +22.40% | +8.80% |
Gross of fees, as Prudent Equity 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
- Multi / flexi cap
- Asset type
- —
- Benchmark
- BSE 500 TRI
- Fund manager
- Siddharth Oberoi
Investment approach
The investment objective of the Fund is to invest in companies that increase the clients capital at high rates over a long term period while employing less risk.The strategy of the Scheme is to follow a bottom up value investing approach to identify companies trading below their intrinsic value and that provides significant upside potential with limited downside risk. Although the fund's core principle remains towards capital protection, this strategy has proved to deliver outsized gains
The investment objective of the Fund is to invest in companies that increase the clients capital at high rates over a long term period while employing less risk.The strategy of the Scheme is to follow a bottom up value investing approach to identify companies trading below their intrinsic value and that provides significant upside potential with limited downside risk. Although the fund's core principle remains towards capital protection, this strategy has proved to deliver outsized gains
About the fund manager
Mr Siddharth Oberoi — Founder & CIO
Siddharth Oberoi is the Founder and Cheif Investing Officer at Prudent Equity. He brings with him 30 years of Full-time Investing experience. Over the last 14 years advising and managing public capital, Under his guidance, prudent equity has been able to substantially beat the benchmark over each 3 year period.
As the fund house describes it.
FAQs
What has ACE Fund returned?
2.10% (1-year return) to 30 Sep 2026, gross of fees, as Prudent Equity reports it. 1 month: −1.80%; 3 months: −2.40%; 6 months: 14.00%; 1 year: 2.10%; 2 years: −6.40%; 3 years: 13.40%; Since inception: 22.40%.
What kind of AIF is ACE Fund?
A Category III AIF following a long-only strategy, with a multi / flexi cap style. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.
What is the minimum investment in an AIF?
SEBI sets the minimum at ₹1 crore per investor (₹25 lakh for the fund’s own employees and directors). ACE Fund’s stated minimum is ₹1 crore.
Who manages ACE Fund?
Prudent Equity runs it; the fund manager is Siddharth Oberoi.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: ACE Fund’s are gross of fees. Bases differ from fund to fund, so compare like with like.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. AIF investments carry higher minimums and risks; read the private placement memorandum.
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