- Category
- III
- Strategy
- Long-only
- Fund house
- Girik Wealth Advisors
Multicap Growth Equity Fund III
+4.98%
1-year return, after expenses and tax
Benchmark NIFTY 50 TRI · data as of 30 Sep 2026
Multicap Growth Equity Fund III, a Category III long-only AIF from Girik Wealth Advisors, returned 4.98% (after expenses and tax) in the year to 30 Sep 2026. It began on 23 May 2024 and manages ₹466 crore.
Key numbers
- AUM
- ₹466 Cr
- Benchmark
- NIFTY 50 TRI
- Launched
- 23 May 2024
- Min. investment
- ₹1 crore
- Returns basis
- After expenses and tax
Returns
| Period | This fund | NIFTY 50 TRI |
|---|---|---|
| 1 month | +0.57% | −6.03% |
| 3 months | +5.29% | −4.91% |
| 6 months | +20.30% | +2.13% |
| 1 year | +4.98% | −7.09% |
| 2 years | +0.25% | −5.29% |
| Since inception | +4.56% | +0.59% |
After expenses and tax, as Girik Wealth Advisors reports them, to 30 Sep 2026. AIFs report returns on different bases, so compare like with like.
Fund details
- Category
- Category III
- Strategy
- Long-only
- Market-cap style
- Multi cap
- Asset type
- —
- Benchmark
- NIFTY 50 TRI
- Fund manager
- Charandeep Singh & Varun Daga
Market-cap mix
- Large cap24.32%
- Mid cap19.77%
- Small cap41.18%
- Cash14.73%
Investment approach
The Girik Multicap Growth Equity Fund employs a highly disciplined approach, inspired by the innovative ‘CANSLIM’ investment strategy to screen for “Early Leaders or Winners” much ahead of their largest earnings growth curve. The investment philosophy is backed by strong In-house research followed by in depth due diligence to construct a high conviction portfolio of growth equities.
The Girik Multicap Growth Equity Fund employs a highly disciplined approach, inspired by the innovative ‘CANSLIM’ investment strategy to screen for “Early Leaders or Winners” much ahead of their largest earnings growth curve. The investment philosophy is backed by strong In-house research followed by in depth due diligence to construct a high conviction portfolio of growth equities.
About the fund manager
Mr. Charandeep Singh — Co Founder & Fund Manager
Co-founder of Girik and leads the investment decision making process. Formidable experience of over two decades in capital markets. More than 10 years of experience of investing in Indian equities. With Lehman Brothers till 2007 as a Director of Investment Banking Division, Global Leveraged Finance group, based in New York and London Holds a Diploma in Accounting and Finance from London School of Economics and Political Science (1999) and MSc in Finance from London Business School (2002)
Mr. Varun Daga — Co Founder & Fund Manager
Co-founder of Girik and jointly leads the investment decision making process.Self-taught successful investor and has a remarkable experience of over a decade in capital markets.Developed proprietary systems and screeners in order to identify leading growing companies well in advance of their biggest gains.Initially identified Girik’s investment framework inspired by the CANSLIM style of money management.Ran an equity investment division at his family office from 2006 to 2009
As the fund house describes it.
FAQs
What has Multicap Growth Equity Fund III returned?
4.98% (1-year return) to 30 Sep 2026, after expenses and tax, as Girik Wealth Advisors reports it. 1 month: 0.57%; 3 months: 5.29%; 6 months: 20.30%; 1 year: 4.98%; 2 years: 0.25%; Since inception: 4.56%.
What kind of AIF is Multicap Growth Equity Fund III?
A Category III AIF following a long-only strategy, with a multi cap style. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.
How much does Multicap Growth Equity Fund III manage?
₹466 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). Multicap Growth Equity Fund III’s stated minimum is ₹1 crore.
Who manages Multicap Growth Equity Fund III?
Girik Wealth Advisors runs it; the fund managers are Charandeep Singh & Varun Daga.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Multicap Growth Equity Fund III’s are after expenses 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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