- Category
- III
- Strategy
- Long-only
- Fund house
- Neomile Asset Managers
Neomile India Opportunity Fund
+3.33%
6-month return, after expenses and tax
Benchmark BSE 500 TRI · data as of 31 Aug 2026
Neomile India Opportunity Fund, a Category III long-only AIF from Neomile Asset Managers, returned 3.33% (after expenses and tax) over six months to 31 Aug 2026. It began on 26 Feb 2026 and manages ₹50 crore.
Key numbers
- AUM
- ₹50 Cr
- Benchmark
- BSE 500 TRI
- Launched
- 26 Feb 2026
- Min. investment
- ₹1 crore
- Returns basis
- After expenses and tax
Returns
| Period | This fund | BSE 500 TRI |
|---|---|---|
| 1 month | +0.02% | −0.19% |
| 3 months | +4.62% | +3.10% |
| 6 months | +3.33% | +0.81% |
| Since inception | +10.73% | −0.71% |
After expenses and tax, as Neomile Asset Managers 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
- —
- Benchmark
- BSE 500 TRI
- Fund manager
- Rashesh Shah
Market-cap mix
- Small cap10.49%
- Cash89.51%
Investment approach
The Fund aims to provide capital appreciation and generate returns by investing predominantly in listed equity and equity related securities across market capitalization by having exposure in companies enjoying some economic moat and/or undergoing special situations or in the midst of unfavourable business cycle. The Fund aims to invest/trade in listed domestic companies across all sectors that have potential for meaningful growth, and which have a certain sustainable competitive advantage.
About the fund manager
Mr Rashesh Shah — Fund Manager
Rashesh Shah brings with him over 16 years of experience in Equity Research and Portfolio Management. Prior to joining Neomile, he has served as an Assistant Vice President at ICICI Securities Ltd. His roles included equity strategy, sector and market research with emphasis on long-term capital appreciation from investments in listed equities. He holds “Chartered Accountant” degree and is graduate from Mumbai University
As the fund house describes it.
FAQs
What has Neomile India Opportunity Fund returned?
3.33% (6-month return) to 31 Aug 2026, after expenses and tax, as Neomile Asset Managers reports it. 1 month: 0.02%; 3 months: 4.62%; 6 months: 3.33%; Since inception: 10.73%.
What kind of AIF is Neomile 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 Neomile India Opportunity Fund manage?
₹50 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). Neomile India Opportunity Fund’s stated minimum is ₹1 crore.
Who manages Neomile India Opportunity Fund?
Neomile Asset Managers runs it; the fund manager is Rashesh Shah.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Neomile India Opportunity Fund’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.
Full disclaimerSee how an AIF fits your plan
Armor checks every holding against your goals, risk and timeline.
Get the app