Category
III
Strategy
Debt
Fund house
Northern Arc Investment Managers

Money Market Alpha Fund

+9.60%

1-year return, after expenses, before tax

Benchmark 10-year G-Sec · data as of 30 Sep 2026

Money Market Alpha Fund, a Category III debt AIF from Northern Arc Investment Managers, returned 9.60% (after expenses, before tax) in the year to 30 Sep 2026. It began on 23 Jan 2019 and manages ₹760 crore.

Key numbers

AUM
₹760 Cr
Benchmark
10-year G-Sec
Launched
23 Jan 2019
Min. investment
₹1 crore
Returns basis
After expenses, before tax

Returns

Money Market Alpha Fund returns against the 10-year G-Sec
PeriodThis fund10-year G-Sec
1 month+0.92%+0.46%
3 months+2.49%+1.47%
6 months+4.89%+3.09%
1 year+9.60%+6.06%
2 years+9.55%+6.38%
3 years+9.69%+6.71%
5 years+9.56%+6.28%
Since inception+9.52%+5.86%

After expenses, before tax, as Northern Arc Investment Managers reports them, to 30 Sep 2026. AIFs report returns on different bases, so compare like with like.

Fund details

Category
Category III
Strategy
Debt
Market-cap style
—
Asset type
—
Benchmark
10-year G-Sec
Fund manager
Ravi Vukkadala

Investment approach

A Category III open-ended alternative investment fund from the Northern Arc platform targeting to generate superior risk adjusted returns by investing in awell-curatedmix of Credit & Liquid allocations. Attractive investment opportunity to investors seeking to generate alpha over ultra short - term mutual funds

Northern Arc Money Market Alpha Fund is a Category III Alternative Investment Fund (AIF) registered with SEBI. It is an open-ended Fund with an objective of providing reasonable return and liquidity by investing in a diversified portfolio of debt and money market securities comprising money market, debt instruments and other permissible securities.

FAQs

What has Money Market Alpha Fund returned?

9.60% (1-year return) to 30 Sep 2026, after expenses, before tax, as Northern Arc Investment Managers reports it. 1 month: 0.92%; 3 months: 2.49%; 6 months: 4.89%; 1 year: 9.60%; 2 years: 9.55%; 3 years: 9.69%; 5 years: 9.56%; Since inception: 9.52%.

What kind of AIF is Money Market Alpha Fund?

A Category III AIF following a debt strategy. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.

How much does Money Market Alpha Fund manage?

₹760 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). Money Market Alpha Fund’s stated minimum is ₹1 crore.

Who manages Money Market Alpha Fund?

Northern Arc Investment Managers runs it; the fund manager is Ravi Vukkadala.

How are AIF returns reported?

Each fund house reports its own returns on its own basis: Money Market Alpha 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 disclaimer

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