- Category
- III
- Strategy
- Long-only
- Fund house
- Money Grow Asset
MoneyGrow Alpha Fund 1
+15.41%
1-year return, after expenses, before tax
Benchmark BSE 500 TRI · data as of 31 Aug 2026
MoneyGrow Alpha Fund 1, a Category III long-only AIF from Money Grow Asset, returned 15.41% (after expenses, before tax) in the year to 31 Aug 2026. It began on 24 Mar 2025 and manages ₹44.55 crore.
Key numbers
- AUM
- ₹44.55 Cr
- Benchmark
- BSE 500 TRI
- Launched
- 24 Mar 2025
- Min. investment
- ₹1 crore
- Returns basis
- After expenses, before tax
Returns
| Period | This fund | BSE 500 TRI |
|---|---|---|
| 1 month | +4.38% | −1.14% |
| 3 months | +10.14% | +2.89% |
| 6 months | +20.24% | −3.60% |
| 1 year | +15.41% | −0.35% |
| Since inception | +17.25% | +3.52% |
After expenses, before tax, as Money Grow Asset reports them, to 31 Aug 2026. AIFs report returns on different bases, so compare like with like.
Fund details
- Category
- Category III
- Strategy
- Long-only
- Market-cap style
- Multi / flexi cap
- Asset type
- Equity
- Benchmark
- BSE 500 TRI
- Fund manager
- Manish Gupta
Investment approach
MoneyGrow Alpha Fund I is a SEBI-registered Category III AIF managed by MoneyGrow Asset. It follows a long-only strategy focused on listed equities. The fund dynamically allocates across large, mid, and small caps based on market conditions. It aims to generate long-term capital appreciation by identifying emerging sectors, special situations, and high-growth opportunities at an early stage.
The Fund seeks to generate long-term wealth and capital appreciation through a long-only strategy that actively manages a portfolio of publicly listed equities while opportunistically investing in other asset classes like REITs, InvITs etc. With a clear focus on outperforming the S&P BSE 500 TRI benchmark, the Fund will dynamically allocate between defensive and high-growth stocks, balancing risk, return, and volatility in response to changing market conditions.
About the fund manager
Mr. Manish Gupta — Fund Manager
Manish is an MBA from IIM Ahmedabad. He wants to build a business which delivers profits with purpose. Through Solidarity, he is attempting to turn aspirations to reality. Prior to founding Solidarity, he worked for 7 years with The Boston Consulting Group and for 8 years with Rakesh Jhunjhunwala. In his free time, he enjoys traveling, reading, meditation, and looking at the world through his daughters’ perspectives.
As the fund house describes it.
FAQs
What has MoneyGrow Alpha Fund 1 returned?
15.41% (1-year return) to 31 Aug 2026, after expenses, before tax, as Money Grow Asset reports it. 1 month: 4.38%; 3 months: 10.14%; 6 months: 20.24%; 1 year: 15.41%; Since inception: 17.25%.
What kind of AIF is MoneyGrow Alpha Fund 1?
A Category III AIF following a long-only strategy, with a multi / flexi cap style. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.
How much does MoneyGrow Alpha Fund 1 manage?
₹44.55 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). MoneyGrow Alpha Fund 1’s stated minimum is ₹1 crore.
Who manages MoneyGrow Alpha Fund 1?
Money Grow Asset runs it; the fund manager is Manish Gupta.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: MoneyGrow Alpha Fund 1’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