- Category
- III
- Strategy
- Long-short
- Fund house
- Klay Securities
Klay Growth Fund
+7.77%
1-year return, after expenses, before tax
Benchmark BSE 200 · data as of 31 Aug 2026
Klay Growth Fund, a Category III long-short AIF from Klay Securities, returned 7.77% (after expenses, before tax) in the year to 31 Aug 2026. It began on 12 Oct 2021 and manages ₹28.67 crore.
Key numbers
- AUM
- ₹28.67 Cr
- Benchmark
- BSE 200
- Launched
- 12 Oct 2021
- Min. investment
- ₹1 crore
- Returns basis
- After expenses, before tax
Returns
| Period | This fund | BSE 200 |
|---|---|---|
| 1 month | +1.22% | −0.78% |
| 3 months | +6.83% | +2.68% |
| 6 months | +0.76% | −1.35% |
| 1 year | +7.77% | +2.56% |
| 2 years | −0.37% | −1.50% |
| 3 years | +9.19% | +10.35% |
| Since inception | +6.46% | +7.98% |
After expenses, before tax, as Klay Securities reports them, to 31 Aug 2026. AIFs report returns on different bases, so compare like with like.
Fund details
- Category
- Category III
- Strategy
- Long-short
- Market-cap style
- —
- Asset type
- Equity
- Benchmark
- BSE 200
- Fund manager
- Shashin-Upadhyay
Market-cap mix
- Large cap92.60%
- Mid cap6.00%
- Small cap2.00%
- Cash1.80%
The five largest holdings are 40.90% of the portfolio.
Investment approach
The investment objective of the Fund is to seek to generate long-term capital appreciation by taking both long and short positions in equity and equity related instruments (mainly through derivatives) of companies listed in India across sectors and market capitalization
The investment objective of the Fund is to seek to generate long-term capital appreciation by taking both long and short positions in equity and equity related instruments (mainly through derivatives) of companies listed in India across sectors and market capitalization
About the fund manager
Mr. Shashin Upadhyay — Fund Manager
Mr. Shashin Upadhyay A seasoned investment professional with extensive experience in equity research, wealth management, portfolio advisory, and institutional sales. Over the course of his career, he has been actively involved in conducting detailed business, industry, and financial analysis, developing valuation models, and generating investment recommendations across sectors. His experience includes managing client relationships, organizing and hosting investor meetings and conference calls with company managements, and facilitating interactions between institutional investors, high-net-worth individuals, and listed companies. He has worked closely with domestic and international clients, providing research-driven insights and supporting investment decision-making. His expertise spans equity markets, fixed income securities, portfolio analysis, and capital market transactions, supported by strong analytical, financial modelling, and communication skills.
As the fund house describes it.
FAQs
What has Klay Growth Fund returned?
7.77% (1-year return) to 31 Aug 2026, after expenses, before tax, as Klay Securities reports it. 1 month: 1.22%; 3 months: 6.83%; 6 months: 0.76%; 1 year: 7.77%; 2 years: −0.37%; 3 years: 9.19%; Since inception: 6.46%.
What kind of AIF is Klay Growth 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.
How much does Klay Growth Fund manage?
₹28.67 crore as of 31 Aug 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). Klay Growth Fund’s stated minimum is ₹1 crore.
Who manages Klay Growth Fund?
Klay Securities runs it; the fund manager is Shashin-Upadhyay.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Klay Growth Fund’s are after expenses, before 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.
Full disclaimerSee how an AIF fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app