- Category
- III
- Strategy
- Long-only
- Fund house
- Sameeksha Capital
India Equity Fund
+7.02%
1-year return, gross of fees
Benchmark BSE 500 TRI · data as of 30 Sep 2026
India Equity Fund, a Category III long-only AIF from Sameeksha Capital, returned 7.02% (gross of fees) in the year to 30 Sep 2026. It began on 10 Feb 2022 and manages ₹1,277 crore.
Key numbers
- AUM
- ₹1,277 Cr
- Benchmark
- BSE 500 TRI
- Launched
- 10 Feb 2022
- Min. investment
- ₹1 crore
- Returns basis
- Gross of fees
Returns
| Period | This fund | BSE 500 TRI |
|---|---|---|
| 1 month | −3.41% | −5.57% |
| 3 months | +0.27% | −3.59% |
| 6 months | +24.30% | +8.07% |
| 1 year | +7.02% | −2.33% |
| 2 years | +5.79% | −3.93% |
| 3 years | +18.51% | +9.20% |
| Since inception | +21.67% | +9.50% |
Gross of fees, as Sameeksha Capital 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
- Multi / flexi cap
- Asset type
- —
- Benchmark
- BSE 500 TRI
- Fund manager
- Bhavin Shah
Market-cap mix
- Large cap24.33%
- Mid cap12.42%
- Small cap62.96%
- Cash0.29%
Investment approach
The Fund primarily invests in listed Indian equity/equity-oriented securities, debt securities or such other permissible securities under the AIF regulations as a part of its long-term strategy (referred also as Core Strategy). The Fund may also adopt an Alternate Strategy for part of its portfolio, to enhance the overall returns to the investors. For this purpose, the Fund may primarily invest in Indian listed derivatives such as Index (Nifty, Banknifty and others) Options, Index (Nifty, Banknifty and others) Futures, Stock Futures and Options, other approved equity derivative products and such other instruments as permissible under SEBI (AIF) Regulations
The Fund aims to deliver long term capital appreciation while managing risk. Towards this objective, the Investment manager aims to primarily focus on investing in equities (Core Strategy) but also pursue Alternate Strategy as discussed above
About the fund manager
Mr. Bhavin Shah — Founder & Chief Investment Officer
Mr. Bhavin Shah is one of the most awarded (unprecedented streak of a decade of number One Rankings by the Global Institutional Investors) professionals in the industry. In his career spanning over twenty years, Mr.Bhavin Shah has played leadership roles in building from scratch three top ranked Institutional Equity franchises: Global (JP Morgan), Asian (Credit Suisse) and Indian (Equirus).Mr. Bhavin Shah set up Sameeksha Capital to manage his personal savings in an institutional setup and hence enable others to benefit from his expertise. Mr.Bhavin Shah has appeared on business TV channels and Magazines across the globe to present his views on equities. He holds a MBA degree with Beta Gamma Sigma honors from the top ranked University of Chicago Booth school of Business and a Master’s degree in Computer Engineering from the University of California. Mr.Bhavin Shah jointly holds two US patents for Microprocessor Design.
As the fund house describes it.
FAQs
What has India Equity Fund returned?
7.02% (1-year return) to 30 Sep 2026, gross of fees, as Sameeksha Capital reports it. 1 month: −3.41%; 3 months: 0.27%; 6 months: 24.30%; 1 year: 7.02%; 2 years: 5.79%; 3 years: 18.51%; Since inception: 21.67%.
What kind of AIF is India Equity Fund?
A Category III AIF following a long-only strategy, with a multi / flexi cap style. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.
How much does India Equity Fund manage?
₹1,277 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). India Equity Fund’s stated minimum is ₹1 crore.
Who manages India Equity Fund?
Sameeksha Capital runs it; the fund manager is Bhavin Shah.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: India 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.
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