- Category
- III
- Strategy
- Long-short (conservative)
- Fund house
- AlphaGrep Investment Management
AlphaMine Absolute Return Fund
+9.94%
1-year return, gross of fees
data as of 30 Sep 2026
AlphaMine Absolute Return Fund, a Category III long-short (conservative) AIF from AlphaGrep Investment Management, returned 9.94% (gross of fees) in the year to 30 Sep 2026. It began on 8 Apr 2022.
Key numbers
- AUM
- —
- Benchmark
- —
- Launched
- 8 Apr 2022
- Min. investment
- ₹1 crore
- Returns basis
- Gross of fees
Returns
| Period | This fund |
|---|---|
| 1 month | +1.13% |
| 3 months | +4.01% |
| 6 months | +5.41% |
| 1 year | +9.94% |
| 2 years | +8.47% |
| 3 years | +12.63% |
| Since inception | +13.70% |
Gross of fees, as AlphaGrep Investment Management reports them, to 30 Sep 2026. AIFs report returns on different bases, so compare like with like. Benchmark returns weren’t reported.
Fund details
- Category
- Category III
- Strategy
- Long-short (conservative)
- Market-cap style
- —
- Asset type
- —
- Benchmark
- —
- Fund manager
- Praveen Kumar
Investment approach
The fund endeavours to achieve moderate capital appreciation across market cycles with low volatility and low drawdown.
The fund endeavours to achieve moderate capital appreciation across market cycles with low volatility and low drawdown.
About the fund manager
Mr Praveen Kumar — Fund Manager
Praveen has an overall experience of 14+ years, most of which has been in systematic trading and investment strategies. He is responsible for the investment strategy, capital allocation and product design at AlphaMine. He was previously part of the Edelweiss group for more than 12 years, where he worked across proprietary trading and asset management. In hist last role at Edelweiss, he was part of the investment team for a Cat III AIF, managing systematic strategies. Praveen holds a B.Tech degree from IIT Kharagpur and a PGDM from IIM Calcutta.
As the fund house describes it.
FAQs
What has AlphaMine Absolute Return Fund returned?
9.94% (1-year return) to 30 Sep 2026, gross of fees, as AlphaGrep Investment Management reports it. 1 month: 1.13%; 3 months: 4.01%; 6 months: 5.41%; 1 year: 9.94%; 2 years: 8.47%; 3 years: 12.63%; Since inception: 13.70%.
What kind of AIF is AlphaMine Absolute Return Fund?
A Category III AIF following a long-short (conservative) strategy. 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). AlphaMine Absolute Return Fund’s stated minimum is ₹1 crore.
Who manages AlphaMine Absolute Return Fund?
AlphaGrep Investment Management runs it; the fund manager is Praveen Kumar.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: AlphaMine Absolute Return 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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