- Category
- III
- Strategy
- Long-only
- Fund house
- BlueOcean Asset Management
BlueOcean Emerging India Fund 1
+50.21%
6-month return, after expenses, before tax
Benchmark NIFTY Smallcap 250 · data as of 30 Sep 2026
BlueOcean Emerging India Fund 1, a Category III long-only AIF from BlueOcean Asset Management, returned 50.21% (after expenses, before tax) over six months to 30 Sep 2026. It began on 28 Oct 2025.
Key numbers
- AUM
- —
- Benchmark
- NIFTY Smallcap 250
- Launched
- 28 Oct 2025
- Min. investment
- ₹1 crore
- Returns basis
- After expenses, before tax
Returns
| Period | This fund | NIFTY Smallcap 250 |
|---|---|---|
| 1 month | +1.17% | −3.08% |
| 3 months | +5.66% | +0.73% |
| 6 months | +50.21% | +25.05% |
| Since inception | +40.03% | +3.27% |
After expenses, before tax, as BlueOcean Asset 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
- Small cap
- Asset type
- —
- Benchmark
- NIFTY Smallcap 250
- Fund manager
- Nipun Mehta
Market-cap mix
- Small cap88.00%
- Cash12.00%
Investment approach
High-quality businesses with high reinvestment rate available at reasonable valuations.Pricing power, high gross margins.Long growth runway – capex for growth funded mainly by internal accruals.Clean balance sheet,low debt, low working capital.Ability to generate and re-deploy cash for growth.Promotor owned and driven businesses - "soul in the game"
High-quality businesses with high reinvestment rate available at reasonable valuations.Pricing power, high gross margins.Long growth runway – capex for growth funded mainly by internal accruals.Clean balance sheet,low debt, low working capital.Ability to generate and re-deploy cash for growth.Promotor owned and driven businesses - "soul in the game"
About the fund manager
Mr. Nipun Mehta — Founder & CIO
Veteran of the Indian Financial Services industry and the Capital Market with over 40 years' experience Known for his ability to read corporate and economic trends and deep understanding of the markets Worked with global and local institutions like Societe Generale, Edelweiss Financial Services, IL&FS Group .At Societe Generale, Nipun was Executive Director and India Head – Societe Generale Private Banking. Part of various advisory committees set up by SEBI . Experience in Private Banking, Wealth Management and Investment Management .Fellow member of the Institute of Chartered Accountants of India
As the fund house describes it.
FAQs
What has BlueOcean Emerging India Fund 1 returned?
50.21% (6-month return) to 30 Sep 2026, after expenses, before tax, as BlueOcean Asset Management reports it. 1 month: 1.17%; 3 months: 5.66%; 6 months: 50.21%; Since inception: 40.03%.
What kind of AIF is BlueOcean Emerging India Fund 1?
A Category III AIF following a long-only strategy, with a small 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). BlueOcean Emerging India Fund 1’s stated minimum is ₹1 crore.
Who manages BlueOcean Emerging India Fund 1?
BlueOcean Asset Management runs it; the fund manager is Nipun Mehta.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: BlueOcean Emerging India Fund 1’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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