- Category
- III
- Strategy
- Long-short
- Fund house
- IIFL Capital Asset Management
IIFL Derivatives Advantage Fund
+13.12%
1-year return, gross of fees
Benchmark BSE 500 TRI · data as of —
IIFL Derivatives Advantage Fund, a Category III long-short AIF from IIFL Capital Asset Management, returned 13.12% (gross of fees) in the year to —. It began on 3 May 2023.
Key numbers
- AUM
- —
- Benchmark
- BSE 500 TRI
- Launched
- 3 May 2023
- Min. investment
- ₹1 crore (SEBI)
- Returns basis
- Gross of fees
Returns
| Period | This fund |
|---|---|
| 1 month | +1.02% |
| 3 months | +2.93% |
| 6 months | +6.30% |
| 1 year | +13.12% |
| 2 years | +10.62% |
| 3 years | +12.22% |
| Since inception | +13.16% |
Gross of fees, as IIFL Capital Asset Management reports them, to —. AIFs report returns on different bases, so compare like with like. Benchmark returns weren’t reported.
Fund details
- Category
- Category III
- Strategy
- Long-short
- Market-cap style
- —
- Asset type
- Equity
- Benchmark
- BSE 500 TRI
- Fund manager
- Manish Batwara
About the fund manager
Mr. Manish Batwara
Previously served as Derivative Desk Head at IIFL Capital Services (formerly IIFL Securities), leading the derivatives desk, managing client investment strategies, and serving as the key point of contact for derivatives matters.
As the fund house describes it.
FAQs
What has IIFL Derivatives Advantage Fund returned?
13.12% (1-year return) to —, gross of fees, as IIFL Capital Asset Management reports it. 1 month: 1.02%; 3 months: 2.93%; 6 months: 6.30%; 1 year: 13.12%; 2 years: 10.62%; 3 years: 12.22%; Since inception: 13.16%.
What kind of AIF is IIFL Derivatives Advantage Fund?
A Category III AIF following a long-short strategy. 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).
Who manages IIFL Derivatives Advantage Fund?
IIFL Capital Asset Management runs it; the fund manager is Manish Batwara.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: IIFL Derivatives Advantage 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.
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