Category
III
Strategy
Long-short (aggressive)
Fund house
ICICI Prudential AMC

Enhanced Dynamic Equity Fund

−3.23%

1-year return, after expenses, before tax

Benchmark NIFTY 50 TRI · data as of 30 Sep 2026

Enhanced Dynamic Equity Fund, a Category III long-short (aggressive) AIF from ICICI Prudential AMC, returned −3.23% (after expenses, before tax) in the year to 30 Sep 2026. It began on 7 Oct 2022 and manages ₹543 crore.

Key numbers

AUM
₹543 Cr
Benchmark
NIFTY 50 TRI
Launched
7 Oct 2022
Min. investment
₹1 crore
Returns basis
After expenses, before tax

Returns

Enhanced Dynamic Equity Fund returns against the NIFTY 50 TRI
PeriodThis fundNIFTY 50 TRI
1 month−4.92%−6.03%
3 months−2.96%−4.91%
6 months−4.38%+2.13%
1 year−3.23%−7.09%
2 years−1.44%−5.29%
3 years+9.74%+6.06%
Since inception+11.05%+8.14%

After expenses, before tax, as ICICI Prudential AMC reports them, to 30 Sep 2026. AIFs report returns on different bases, so compare like with like.

Fund details

Category
Category III
Strategy
Long-short (aggressive)
Market-cap style
—
Asset type
—
Benchmark
NIFTY 50 TRI
Fund manager
Suraj Nanda

Investment approach

The Scheme aims to dynamically manage the equity exposure with an aim to deliver risk-adjusted returns over a market cycle.

The Scheme aims to dynamically manage the equity exposure with an aim to deliver risk-adjusted returns over a market cycle.

About the fund manager

Mr. Suraj Nanda — Fund Manager, PMS

Mr Suraj Nanda joined ICICI Prudential Asset Management Company Ltd (IPAMC) in May 2016, as an Investment Analyst under the Investment Team. Here he was covering the Capital Goods and Chemicals sector. Prior to joining IPAMC, Mr Nanda was associated with IBM India Pvt Ltd as a SAP Basis Consultant between August 2011 and June 2014. Mr Nanda has completed his Post-graduate Diploma in Management (Finance), from SP Jain Institute of Management, Mumbai and Bachelor in Electronics, from Jadavpur University, West Bengal. He has cleared all 3 levels of CFA (US) examination and is awaiting charter.

As the fund house describes it.

FAQs

What has Enhanced Dynamic Equity Fund returned?

−3.23% (1-year return) to 30 Sep 2026, after expenses, before tax, as ICICI Prudential AMC reports it. 1 month: −4.92%; 3 months: −2.96%; 6 months: −4.38%; 1 year: −3.23%; 2 years: −1.44%; 3 years: 9.74%; Since inception: 11.05%.

What kind of AIF is Enhanced Dynamic Equity Fund?

A Category III AIF following a long-short (aggressive) strategy. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.

How much does Enhanced Dynamic Equity Fund manage?

₹543 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). Enhanced Dynamic Equity Fund’s stated minimum is ₹1 crore.

Who manages Enhanced Dynamic Equity Fund?

ICICI Prudential AMC runs it; the fund manager is Suraj Nanda.

How are AIF returns reported?

Each fund house reports its own returns on its own basis: Enhanced Dynamic 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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