- Category
- III
- Strategy
- Long-only
- Fund house
- Ajanta Advisors
Ajanta India Fund I
+3.77%
1-year return, after expenses, before tax
Benchmark NIFTY 500 · data as of 30 Sep 2026
Ajanta India Fund I, a Category III long-only AIF from Ajanta Advisors, returned 3.77% (after expenses, before tax) in the year to 30 Sep 2026. It began on 18 Dec 2024.
Key numbers
- AUM
- —
- Benchmark
- NIFTY 500
- Launched
- 18 Dec 2024
- Min. investment
- ₹1 crore
- Returns basis
- After expenses, before tax
Returns
| Period | This fund | NIFTY 500 |
|---|---|---|
| 1 month | −4.59% | −5.57% |
| 3 months | +0.56% | −3.59% |
| 6 months | +22.00% | +8.07% |
| 1 year | +3.77% | −2.33% |
| Since inception | +8.16% | −1.63% |
After expenses, before tax, as Ajanta Advisors 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 500
- Fund manager
- Vishnu Gopalakrishnan
Market-cap mix
- Large cap12.46%
- Mid cap26.86%
- Small cap56.86%
- Cash3.82%
Investment approach
The objective and purpose of the Fund is to carry on the activity of an open-ended Category III AIF and for this purpose to arrange, make, manage and dispose of investments with the view to providing long term capital appreciation to Contributors and to deliver superior risk adjusted returns to the Contributors in accordance with Applicable Laws and the Fund Documents, by investing inter alia in listed securities and other permissible securities/products in accordance with the Regulations.
The objective and purpose of the Fund is to carry on the activity of an open-ended Category III AIF and for this purpose to arrange, make, manage and dispose of investments with the view to providing long term capital appreciation to Contributors and to deliver superior risk adjusted returns to the Contributors in accordance with Applicable Laws and the Fund Documents, by investing inter alia in listed securities and other permissible securities/products in accordance with the Regulations.
About the fund manager
Mr Vishnu Gopalakrishnan — Managing Partner
Vishnu Gopalakrishnan has 19 years of investing and 4 years of operating experience in India. Vishnu started his investing career as an early employee at Premji Invest from 2006 to 2011, where he was closely involved in building out the investment process. Post this he was Co-Founder at Steinberg India an India-focused FPI that generated strong alpha over 2011 to 2023. Prior to Premji Invest he worked with in Coca-Cola India across brand management, sales operations and consumer insights. This provided him with deep understanding of operating realities in India. Vishnu graduated from IIM Ahmedabad and is also a CFA charter holder.
As the fund house describes it.
FAQs
What has Ajanta India Fund I returned?
3.77% (1-year return) to 30 Sep 2026, after expenses, before tax, as Ajanta Advisors reports it. 1 month: −4.59%; 3 months: 0.56%; 6 months: 22.00%; 1 year: 3.77%; Since inception: 8.16%.
What kind of AIF is Ajanta India 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). Ajanta India Fund I’s stated minimum is ₹1 crore.
Who manages Ajanta India Fund I?
Ajanta Advisors runs it; the fund manager is Vishnu Gopalakrishnan.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Ajanta India Fund I’s are after expenses, before tax. 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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