Category
III
Strategy
Long-only
Fund house
Sundaram Alternate Assets

Opportunities Series - ACORN

+43.41%

1-year return, gross of fees

Benchmark NIFTY Midcap 100 · data as of 31 Jul 2026

Opportunities Series - ACORN, a Category III long-only AIF from Sundaram Alternate Assets, returned 43.41% (gross of fees) in the year to 31 Jul 2026. It began on 12 Feb 2020.

Key numbers

AUM
—
Benchmark
NIFTY Midcap 100
Launched
12 Feb 2020
Min. investment
₹1 crore (SEBI)
Returns basis
Gross of fees

Returns

Opportunities Series - ACORN returns
PeriodThis fund
1 month−0.89%
3 months+9.16%
6 months+29.38%
1 year+43.41%
2 years+23.27%
3 years+26.47%
5 years+17.82%
Since inception+22.57%

Gross of fees, as Sundaram Alternate Assets reports them, to 31 Jul 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
Equity
Benchmark
NIFTY Midcap 100
Fund manager
Darshan Engineer

About the fund manager

Mr Darshan Engineer

Darshan Engineer has 16+ years in financial markets, including 14 years in equities and 2 years in credit ratings. Career spans leading PMS and AIF platforms such as Alchemy Capital, Karma Capital, and ValueQuest, with a focus on small and mid-cap strategies. Strong bottom-up research, with sector depth across consumer discretionary, auto and auto ancillaries, pharma, chemicals, and IT. MBA in Finance from Jamnalal Bajaj Institute of Management Studies; computer science engineer from Mumbai University. Held leadership roles in credit research at CRISIL.

As the fund house describes it.

FAQs

What has Opportunities Series - ACORN returned?

43.41% (1-year return) to 31 Jul 2026, gross of fees, as Sundaram Alternate Assets reports it. 1 month: −0.89%; 3 months: 9.16%; 6 months: 29.38%; 1 year: 43.41%; 2 years: 23.27%; 3 years: 26.47%; 5 years: 17.82%; Since inception: 22.57%.

What kind of AIF is Opportunities Series - ACORN?

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.

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).

Who manages Opportunities Series - ACORN?

Sundaram Alternate Assets runs it; the fund manager is Darshan Engineer.

How are AIF returns reported?

Each fund house reports its own returns on its own basis: Opportunities Series - ACORN’s are gross of fees. 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 disclaimer

See how an AIF fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app