- Category
- III
- Strategy
- Long-only
- Fund house
- Negen Capital Services
Negen Undiscovered Value Fund
+13.47%
1-year return, after expenses, before performance fee and tax
Benchmark NIFTY 500 & Debt Composite Index · data as of 31 Aug 2026
Negen Undiscovered Value Fund, a Category III long-only AIF from Negen Capital Services, returned 13.47% (after expenses, before performance fee and tax) in the year to 31 Aug 2026. It began on 10 Jul 2023 and manages ₹996 crore.
Key numbers
- AUM
- ₹996 Cr
- Benchmark
- NIFTY 500 & Debt Composite Index
- Launched
- 10 Jul 2023
- Min. investment
- ₹1 crore
- Returns basis
- After expenses, before performance fee and tax
Returns
| Period | This fund | NIFTY 500 & Debt Composite Index |
|---|---|---|
| 1 month | +5.21% | −0.09% |
| 3 months | +15.04% | +3.86% |
| 6 months | +29.07% | +1.43% |
| 1 year | +13.47% | +4.72% |
| 2 years | +16.52% | −0.11% |
| 3 years | +27.64% | +12.09% |
| Since inception | +29.21% | +12.38% |
After expenses, before performance fee and tax, as Negen Capital Services 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
- NIFTY 500 & Debt Composite Index
- Fund manager
- Jigar Dinesh Shah
Market-cap mix
- Cash20.45%
Investment approach
Our fund focuses on finding undervalued investment opportunities with identifiable catalysts such as corporate actions, long term industry trends or regulatory changes to generate attractive risk-adjusted returns across different market segments, including Special Situation Investments, Pre-IPOs, and Anchor book investments. In addition, our fund also does regular value investing from time to time where we look to buy good quality businesses below their perceived fair value in our view.
Our fund focuses on finding undervalued investment opportunities with identifiable catalysts such as corporate actions, long term industry trends or regulatory changes to generate attractive risk-adjusted returns across different market segments, including Special Situation Investments, Pre-IPOs, and Anchor book investments. In addition, our fund also does regular value investing from time to time where we look to buy good quality businesses below their perceived fair value in our view.
About the fund manager
Mr Jigar Dinesh Shah — Fund Manager
Mr. Jigar Dinesh Shah has 16+ years’ experience with Negen Capital Services Private Limited in Capital Markets Investing, Research in Equities, Business Development, Risk Management, Risk Profiling of Clients & Client Communications. Qualifications - Graduate in commerce (B.Com.) from Mumbai University ,PGDBA in Finance from Welingkar Institute of Management Development, NISM Certified Investment Adviser Level I and Level II.
As the fund house describes it.
FAQs
What has Negen Undiscovered Value Fund returned?
13.47% (1-year return) to 31 Aug 2026, after expenses, before performance fee and tax, as Negen Capital Services reports it. 1 month: 5.21%; 3 months: 15.04%; 6 months: 29.07%; 1 year: 13.47%; 2 years: 16.52%; 3 years: 27.64%; Since inception: 29.21%.
What kind of AIF is Negen Undiscovered Value 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 Negen Undiscovered Value Fund manage?
₹996 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). Negen Undiscovered Value Fund’s stated minimum is ₹1 crore.
Who manages Negen Undiscovered Value Fund?
Negen Capital Services runs it; the fund manager is Jigar Dinesh Shah.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Negen Undiscovered Value Fund’s are after expenses, before performance fee 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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