- Category
- III
- Strategy
- Long-only
- Fund house
- Nuvama Asset Management
Flexicap Equity Fund
+18.08%
1-year return, gross of fees
Benchmark BSE 500 TRI · data as of 30 Sep 2026
Flexicap Equity Fund, a Category III long-only AIF from Nuvama Asset Management, returned 18.08% (gross of fees) in the year to 30 Sep 2026. It began on 29 Nov 2024 and manages ₹199 crore.
Key numbers
- AUM
- ₹199 Cr
- Benchmark
- BSE 500 TRI
- Launched
- 29 Nov 2024
- Min. investment
- ₹1 crore
- Returns basis
- Gross of fees
Returns
| Period | This fund | BSE 500 TRI |
|---|---|---|
| 1 month | −3.00% | −5.57% |
| 3 months | +0.26% | −3.59% |
| 6 months | +24.82% | +8.07% |
| 1 year | +18.08% | −2.33% |
| Since inception | +13.66% | −0.76% |
Gross of fees, as Nuvama 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
- Flexi cap
- Asset type
- —
- Benchmark
- BSE 500 TRI
- Fund manager
- Ajay Vora & Sumit Agrawal
Investment approach
The Fund endeavors to deliver superior returns by investing in a portfolio of listed companies across the market cap spectrum in the Indian equities market expected to benefit from the next phase of India’s growth. To achieve its objective, the Fund will invest in listed equities and debt securities with an aim of generating long-term returns
The Fund endeavors to deliver superior returns by investing in a portfolio of listed companies across the market cap spectrum in the Indian equities market expected to benefit from the next phase of India’s growth. To achieve its objective, the Fund will invest in listed equities and debt securities with an aim of generating long-term returns.
FAQs
What has Flexicap Equity Fund returned?
18.08% (1-year return) to 30 Sep 2026, gross of fees, as Nuvama Asset Management reports it. 1 month: −3.00%; 3 months: 0.26%; 6 months: 24.82%; 1 year: 18.08%; Since inception: 13.66%.
What kind of AIF is Flexicap Equity Fund?
A Category III AIF following a long-only strategy, with a flexi cap style. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.
How much does Flexicap Equity Fund manage?
₹199 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). Flexicap Equity Fund’s stated minimum is ₹1 crore.
Who manages Flexicap Equity Fund?
Nuvama Asset Management runs it; the fund managers are Ajay Vora & Sumit Agrawal.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Flexicap Equity 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.
Full disclaimerSee how an AIF fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app