- Category
- III
- Strategy
- Long-short
- Fund house
- The Investment Trust of India
Long Short Equity Fund
−3.55%
1-year return, after expenses, before performance fee and tax
Benchmark NIFTY 50 TRI · data as of 31 Aug 2026
Long Short Equity Fund, a Category III long-short AIF from The Investment Trust of India, returned −3.55% (after expenses, before performance fee and tax) in the year to 31 Aug 2026. It began on 30 Apr 2018.
Key numbers
- AUM
- —
- Benchmark
- NIFTY 50 TRI
- Launched
- 30 Apr 2018
- Min. investment
- ₹1 crore
- Returns basis
- After expenses, before performance fee and tax
Returns
| Period | This fund | NIFTY 50 TRI |
|---|---|---|
| 1 month | −0.31% | −1.24% |
| 3 months | +1.46% | +2.26% |
| 6 months | −3.98% | −4.36% |
| 1 year | −3.55% | −1.42% |
| 2 years | +0.47% | −2.32% |
| 3 years | +10.56% | +7.74% |
| 5 years | +8.20% | +7.05% |
| Since inception | +11.86% | +10.52% |
After expenses, before performance fee and tax, as The Investment Trust of India 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
- NIFTY 50 TRI
- Fund manager
- Madhu Babu
Investment approach
To outperform the Nifty index over a full equity market cycle, while protecting downside during equity market downturns along the way; thus key focus is to generate superior risk-adjusted returns and reduce volatility
Deploys a mix of Strategic and Tactical portfolio; helps in keeping flexibility and nimbleness to ride the market cycles.
About the fund manager
Mr Madhu Babu — Fund Manager
Mr. Madhu Babu has 18 plus years of experience in the Indian capital markets. Prior to joining The Investment Trust of India, Mr. Madhu worked at Groww MF wherein he was Assistant Fund Manager for ELSS scheme. He was also Assistant Fund Manager at Canara HSBC Insurance for three years. Prior to that he spent 15 years on the sell side covering IT Services sector in various reputed sell side firms. In previous roles, Mr. Madhu Babu worked as Senior Vice President at Centrum Broking covering sectors like IT Services, Telecom and Staffing sectors. He worked in multiple other firms which include Prabhudas Lilladher Stock Broking, HDFC Securities, Systematix Shares and stocks. Mr. Madhu holds a master’s in business administration (Finance) degree from ICFAI Business School, Hyderabad, a premier MBA institute. He also holds a B. Tech from Nagarjuna University.
As the fund house describes it.
FAQs
What has Long Short Equity Fund returned?
−3.55% (1-year return) to 31 Aug 2026, after expenses, before performance fee and tax, as The Investment Trust of India reports it. 1 month: −0.31%; 3 months: 1.46%; 6 months: −3.98%; 1 year: −3.55%; 2 years: 0.47%; 3 years: 10.56%; 5 years: 8.20%; Since inception: 11.86%.
What kind of AIF is Long Short Equity 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). Long Short Equity Fund’s stated minimum is ₹1 crore.
Who manages Long Short Equity Fund?
The Investment Trust of India runs it; the fund manager is Madhu Babu.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Long Short Equity 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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