- Category
- III
- Strategy
- Long-only
- Fund house
- Prajana Advisors
Athena Enhanced Equity Fund
−4.99%
1-year return, after expenses, before tax
Benchmark BSE 500 TRI · data as of 30 Sep 2026
Athena Enhanced Equity Fund, a Category III long-only AIF from Prajana Advisors, returned −4.99% (after expenses, before tax) in the year to 30 Sep 2026. It began on 9 May 2023.
Key numbers
- AUM
- —
- Benchmark
- BSE 500 TRI
- Launched
- 9 May 2023
- Min. investment
- ₹1 crore
- Returns basis
- After expenses, before tax
Returns
| Period | This fund | BSE 500 TRI |
|---|---|---|
| 1 month | −9.16% | −5.92% |
| 3 months | −5.86% | −4.43% |
| 6 months | +7.39% | +4.55% |
| 1 year | −4.99% | −5.18% |
| 2 years | −3.27% | −4.99% |
| Since inception | +8.45% | +9.47% |
After expenses, before tax, as Prajana 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
- Large cap
- Asset type
- —
- Benchmark
- BSE 500 TRI
- Fund manager
- Vineet Bagri, Kaizad Hozdar
Investment approach
The construct of the fund is core and satellite with the objective to create a concentrated core portfolio and use tactical put and call writing to try and generate additional income over portfolio returns and generate alpha.
The fund endavors to outperform the NSE 100 TRI
FAQs
What has Athena Enhanced Equity Fund returned?
−4.99% (1-year return) to 30 Sep 2026, after expenses, before tax, as Prajana Advisors reports it. 1 month: −9.16%; 3 months: −5.86%; 6 months: 7.39%; 1 year: −4.99%; 2 years: −3.27%; Since inception: 8.45%.
What kind of AIF is Athena Enhanced Equity Fund?
A Category III AIF following a long-only strategy, with a large 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). Athena Enhanced Equity Fund’s stated minimum is ₹1 crore.
Who manages Athena Enhanced Equity Fund?
Prajana Advisors runs it; the fund managers are Vineet Bagri, Kaizad Hozdar.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Athena Enhanced Equity Fund’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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