- Category
- II
- Strategy
- SME
- Fund house
- Steptrade Capital
Chanakya Opportunities Fund
+10.76%
1-year return, after expenses, before tax
data as of 30 Sep 2026
Chanakya Opportunities Fund, a Category II SME AIF from Steptrade Capital, returned 10.76% (after expenses, before tax) in the year to 30 Sep 2026. It began on 1 Jul 2023 and manages ₹169 crore.
Key numbers
- AUM
- ₹169 Cr
- Benchmark
- —
- Launched
- 1 Jul 2023
- Min. investment
- ₹1 crore
- Returns basis
- After expenses, before tax
Returns
| Period | This fund | Benchmark |
|---|---|---|
| 1 month | −0.20% | −1.09% |
| 3 months | +5.92% | +4.25% |
| 6 months | +15.79% | +23.42% |
| 1 year | +10.76% | +14.15% |
| 2 years | +8.73% | +2.82% |
| Since inception | +30.55% | +24.93% |
After expenses, before tax, as Steptrade Capital reports them, to 30 Sep 2026. AIFs report returns on different bases, so compare like with like.
Fund details
- Category
- Category II
- Strategy
- SME
- Market-cap style
- —
- Asset type
- —
- Benchmark
- —
- Fund manager
- Kresha Gupta and Ankush Jain
Investment approach
Long term wealth creation through SME Investments in Unlisted and Listed Market space
Invest early in businesses with a proven track record of revenue generation and expansion potential.Focus on businesses with the potential to become market leaders in their segments.Prioritize strong governance, transparency, and ethical business practices.
FAQs
What has Chanakya Opportunities Fund returned?
10.76% (1-year return) to 30 Sep 2026, after expenses, before tax, as Steptrade Capital reports it. 1 month: −0.20%; 3 months: 5.92%; 6 months: 15.79%; 1 year: 10.76%; 2 years: 8.73%; Since inception: 30.55%.
What kind of AIF is Chanakya Opportunities Fund?
A Category II AIF following an SME strategy. Category II AIFs, such as private equity and private credit funds, don’t borrow except for day-to-day needs.
How much does Chanakya Opportunities Fund manage?
₹169 crore as of 30 Sep 2026.
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). Chanakya Opportunities Fund’s stated minimum is ₹1 crore.
Who manages Chanakya Opportunities Fund?
Steptrade Capital runs it; the fund managers are Kresha Gupta and Ankush Jain.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Chanakya Opportunities 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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