Category
III
Strategy
Long-only
Fund house
Amcha Partners AIF Trust

Grobiz SME Opportunity Fund

+14.52%

1-year return, after expenses, before performance fee and tax

Benchmark NIFTY Microcap 250 · data as of 31 Aug 2026

Grobiz SME Opportunity Fund, a Category III long-only AIF from Amcha Partners AIF Trust, returned 14.52% (after expenses, before performance fee and tax) in the year to 31 Aug 2026. It began on 26 Mar 2025.

Key numbers

AUM
—
Benchmark
NIFTY Microcap 250
Launched
26 Mar 2025
Min. investment
₹1 crore
Returns basis
After expenses, before performance fee and tax

Returns

Grobiz SME Opportunity Fund returns against the NIFTY Microcap 250
PeriodThis fundNIFTY Microcap 250
1 month+3.36%+5.41%
3 months+5.63%+12.26%
6 months+20.09%+24.62%
1 year+14.52%+15.41%
Since inception+21.46%+18.82%

After expenses, before performance fee and tax, as Amcha Partners AIF Trust reports them, to 31 Aug 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
Equity
Benchmark
NIFTY Microcap 250
Fund manager
Sameer Dharap

Investment approach

Aims to invest in high-potential SMEs at pre-IPO, IPO, and post-IPO growth stages. The fund seeks to empower these businesses with growth capital, strategic mentoring and enabling them to scale, streamline operations, and emerge as market leaders in their segments. The goal is twofold: to support India's SME ecosystem by addressing capital and resource gaps, and to create wealth for investors.

Grobiz SME Opportunity Fund is an open-ended Category III Alternative Investment Fund that seeks to partner with emerging businesses during key inflection points—across pre-IPO, SME IPO, and post-IPO phases. The fund focuses on identifying scalable, capital-efficient enterprises led by thoughtful founders and operating in large, underserved markets

About the fund manager

Mr Sameer Dharap — Co-Founder & Fund Manager

Sameer Dharap serves as Fund Manager, Co-Founder, and Sponsor of the Grobiz SME Opportunities Fund, bringing over two decades of experience across management consulting, deal advisory, entrepreneurship, and investment management. A former leader at PwC and KPMG, he has advised on due diligence, transaction strategy, and business transformation across 50+ industries. In parallel, he has scaled his own family-owned enterprises and invested in emerging businesses, providing first-hand insight into governance, execution risk, and disciplined capital allocation within SME environments. He founded an AI-led startup that was featured as a Harvard Business School case study. At Grobiz, his mandate is to build a concentrated, high-conviction SME portfolio focused on scalable businesses with strong governance standards and long-term compounding potential.

As the fund house describes it.

FAQs

What has Grobiz SME Opportunity Fund returned?

14.52% (1-year return) to 31 Aug 2026, after expenses, before performance fee and tax, as Amcha Partners AIF Trust reports it. 1 month: 3.36%; 3 months: 5.63%; 6 months: 20.09%; 1 year: 14.52%; Since inception: 21.46%.

What kind of AIF is Grobiz SME Opportunity Fund?

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). Grobiz SME Opportunity Fund’s stated minimum is ₹1 crore.

Who manages Grobiz SME Opportunity Fund?

Amcha Partners AIF Trust runs it; the fund manager is Sameer Dharap.

How are AIF returns reported?

Each fund house reports its own returns on its own basis: Grobiz SME Opportunity Fund’s are after expenses, before performance fee and 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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