- Category
- III
- Strategy
- Long-only
- Fund house
- Aionios Alpha Investment Management
Aionios Alpha Fund I
+13.15%
1-year return, gross of fees
Benchmark NIFTY 50 · data as of 30 Sep 2026
Aionios Alpha Fund I, a Category III long-only AIF from Aionios Alpha Investment Management, returned 13.15% (gross of fees) in the year to 30 Sep 2026. It began on 31 Mar 2023.
Key numbers
- AUM
- —
- Benchmark
- NIFTY 50
- Launched
- 31 Mar 2023
- Min. investment
- ₹1 crore
- Returns basis
- Gross of fees
Returns
| Period | This fund | NIFTY 50 |
|---|---|---|
| 1 month | −5.40% | −6.06% |
| 3 months | −3.77% | −5.22% |
| 6 months | +25.54% | +1.29% |
| 1 year | +13.15% | −8.10% |
| 2 years | +1.53% | −6.40% |
| 3 years | +9.75% | +4.81% |
| Since inception | +21.19% | +7.85% |
Gross of fees, as Aionios Alpha Investment Management 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
- NIFTY 50
- Fund manager
- Kuleen Tanna
Market-cap mix
- Large cap8.30%
- Mid cap3.22%
- Small cap88.07%
- Cash0.41%
Investment approach
We are a Category III Alternative Investment Fund focused on generating long-term capital appreciation through a research-driven, disciplined investment approach to a concentrated portfolio of listed Indian equities. The fund follows a market-cap and benchmark agnostic philosophy, subject to applicable laws, regulations, and the fund’s governing documents.
We are a Category III Alternative Investment Fund focused on generating long-term capital appreciation through a research-driven, disciplined investment approach to a concentrated portfolio of listed Indian equities. The fund follows a market-cap and benchmark agnostic philosophy, subject to applicable laws, regulations, and the fund’s governing documents.
About the fund manager
Mr. Kuleen Tanna — Founder & CIO
Kuleen is a Chartered Accountant and MBA from London Business School with 20 years of experience in equity markets. He has worked with organizations like EY, Morgan Stanley, JM Financial & Fidelity International (FIL). His last role was with FIL, where he initially joined as an Investment Analyst in 2011 and was then an Analyst & Portfolio Manager from Jan 2020 until he left in the middle of 2022 to found Aionios Alpha Investment Management.
As the fund house describes it.
FAQs
What has Aionios Alpha Fund I returned?
13.15% (1-year return) to 30 Sep 2026, gross of fees, as Aionios Alpha Investment Management reports it. 1 month: −5.40%; 3 months: −3.77%; 6 months: 25.54%; 1 year: 13.15%; 2 years: 1.53%; 3 years: 9.75%; Since inception: 21.19%.
What kind of AIF is Aionios Alpha Fund I?
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). Aionios Alpha Fund I’s stated minimum is ₹1 crore.
Who manages Aionios Alpha Fund I?
Aionios Alpha Investment Management runs it; the fund manager is Kuleen Tanna.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Aionios Alpha Fund I’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.
Full disclaimerSee how an AIF fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app