- Category
- III
- Strategy
- Long-short (aggressive)
- Fund house
- K-Three Alternative Investment Trust
K - Three Alternative Investment Trust-Fund I
+15.79%
1-year return, gross of fees
Benchmark NIFTY 500 TRI · data as of 30 Sep 2026
K - Three Alternative Investment Trust-Fund I, a Category III long-short (aggressive) AIF from K-Three Alternative Investment Trust, returned 15.79% (gross of fees) in the year to 30 Sep 2026. It began on 1 May 2025 and manages ₹140 crore.
Key numbers
- AUM
- ₹140 Cr
- Benchmark
- NIFTY 500 TRI
- Launched
- 1 May 2025
- Min. investment
- ₹1 crore
- Returns basis
- Gross of fees
Returns
| Period | This fund | NIFTY 500 TRI |
|---|---|---|
| 1 month | −3.53% | −5.85% |
| 3 months | −0.91% | −3.73% |
| 6 months | +19.35% | +8.21% |
| 1 year | +15.79% | −2.05% |
| Since inception | +12.84% | +1.25% |
Gross of fees, as K-Three Alternative Investment Trust 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
- Flexi cap
- Asset type
- —
- Benchmark
- NIFTY 500 TRI
- Fund manager
- Anil Bang
Market-cap mix
- Large cap32.48%
- Mid cap23.91%
- Small cap32.97%
- Cash10.64%
The five largest holdings are 11.52% of the portfolio.
Investment approach
Dynamic Opportunities fund, To generate post-tax alpha of 3-5% p.a
Dynamic Opportunities fund, To generate post-tax alpha of 3-5% p.a
About the fund manager
Mr. Anil Bang — Fund Manager
Anil Bang holds an MBA from Jamnalal Bajaj Institute of Management Studies and has over 20 years of investment management experience, including 18+ years at Marshall Wace, where he served as a Senior Analyst with direct P&L responsibility across India, Japan and the US markets. He was a key member of the Marshall Wace Global Financials Long/Short Fund, with extensive experience in short selling and fundamental equity research. Prior to Marshall Wace, he spent three years at Morgan Stanley India covering Banks and NBFCs as part of its top-ranked Institutional Investor team. He has a significant portion of his personal capital invested in K3, providing strong alignment of interests with investors.
As the fund house describes it.
FAQs
What has K - Three Alternative Investment Trust-Fund I returned?
15.79% (1-year return) to 30 Sep 2026, gross of fees, as K-Three Alternative Investment Trust reports it. 1 month: −3.53%; 3 months: −0.91%; 6 months: 19.35%; 1 year: 15.79%; Since inception: 12.84%.
What kind of AIF is K - Three Alternative Investment Trust-Fund I?
A Category III AIF following a long-short (aggressive) 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 K - Three Alternative Investment Trust-Fund I manage?
₹140 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). K - Three Alternative Investment Trust-Fund I’s stated minimum is ₹1 crore.
Who manages K - Three Alternative Investment Trust-Fund I?
K-Three Alternative Investment Trust runs it; the fund manager is Anil Bang.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: K - Three Alternative Investment Trust-Fund I’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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