Category
III
Strategy
Long-only
Fund house
Narnolia Velox Advisory

Narnolia India Opportunity Fund

+6.71%

1-year return, after expenses, before tax

Benchmark BSE 500 TRI · data as of 31 Aug 2026

Narnolia India Opportunity Fund, a Category III long-only AIF from Narnolia Velox Advisory, returned 6.71% (after expenses, before tax) in the year to 31 Aug 2026. It began on 21 Feb 2025 and manages ₹304 crore.

Key numbers

AUM
₹304 Cr
Benchmark
BSE 500 TRI
Launched
21 Feb 2025
Min. investment
₹1 crore
Returns basis
After expenses, before tax

Returns

Narnolia India Opportunity Fund returns
PeriodThis fund
1 month−1.40%
3 months+2.80%
6 months+0.43%
1 year+6.71%
2 years+6.32%
3 years+16.97%
5 years+15.25%
Since inception+22.90%

After expenses, before tax, as Narnolia Velox Advisory reports them, to 31 Aug 2026. AIFs report returns on different bases, so compare like with like. Benchmark returns weren’t reported.

Fund details

Category
Category III
Strategy
Long-only
Market-cap style
Multi / flexi cap
Asset type
—
Benchmark
BSE 500 TRI
Fund manager
Narnolia Velox Advisory Limited

Market-cap mix

  • Large cap47.54%
  • Mid cap7.96%
  • Small cap29.72%
  • Other8.40%
  • Cash6.34%

The five largest holdings are 29.21% of the portfolio.

Investment approach

The primary objective of the Fund shall be to carry out the investment activities as permissible for a Category III AIF under the AIF Regulations. The investment objective of the Fund is to generate long term capital appreciation to the Contributors in accordance with applicable laws and the Fund Documents by primarily investing in equity and equity related instruments.

Narnolia India Opportunity Fund is an open-ended Category III AIF scheme under Narnolia Velox Fund managed by Narnolia Velox Advisory Limited. The investment objective of the fund is to generate sustained capital appreciation through superior returns over time. The Fund aims to achieve long term capital appreciation by primarily investing in equity and equity related instruments across market capitalization. The Fund is sector agnostic and shall also have the flexibility to invest in unlisted securities up to certain percentage of the Investable Fund.

FAQs

What has Narnolia India Opportunity Fund returned?

6.71% (1-year return) to 31 Aug 2026, after expenses, before tax, as Narnolia Velox Advisory reports it. 1 month: −1.40%; 3 months: 2.80%; 6 months: 0.43%; 1 year: 6.71%; 2 years: 6.32%; 3 years: 16.97%; 5 years: 15.25%; Since inception: 22.90%.

What kind of AIF is Narnolia India Opportunity Fund?

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 Narnolia India Opportunity Fund manage?

₹304 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). Narnolia India Opportunity Fund’s stated minimum is ₹1 crore.

Who manages Narnolia India Opportunity Fund?

Narnolia Velox Advisory runs it; the fund manager is Narnolia Velox Advisory Limited.

How are AIF returns reported?

Each fund house reports its own returns on its own basis: Narnolia India Opportunity 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.

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