- Category
- III
- Strategy
- Long-short
- Fund house
- ICICI Prudential AMC
Long Short Fund-I
₹63.81 Cr
Assets under management
Data as of —
Long Short Fund-I, a Category III long-short AIF from ICICI Prudential AMC. It began on 20 Aug 2018 and manages ₹63.81 crore.
Key numbers
- AUM
- ₹63.81 Cr
- Benchmark
- NIFTY 50
- Launched
- 20 Aug 2018
- Min. investment
- ₹1 crore (SEBI)
- Returns basis
- Gross of fees
Fund details
- Category
- Category III
- Strategy
- Long-short
- Market-cap style
- —
- Asset type
- Equity
- Benchmark
- NIFTY 50
- Fund manager
- Paul S Parampreet
About the fund manager
Mr Paul S Parampreet
Paul S. Parampreet joined IPAMC in May 2024 as a fund manager for Alternates, responsible for investment research and AIF portfolio strategy. Has 15+ years of financial services experience. Most recently a Client Portfolio Manager with Franklin Templeton in the UK and India, managing multi-asset client portfolios and advising institutional clients on asset allocation. Managed quant-driven absolute return equity strategies and made themed investments. Earlier was Associate Director of Strategic Investments at Edelweiss Group and VP & Head of Equities at Edelweiss Asset Management. PGDM from IIM Calcutta; B.Tech (Electrical) from IIT Kharagpur.
As the fund house describes it.
FAQs
What kind of AIF is Long Short Fund-I?
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 Long Short Fund-I manage?
₹63.81 crore as of —.
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 Long Short Fund-I?
ICICI Prudential AMC runs it; the fund manager is Paul S Parampreet.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Long Short 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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