- Category
- III
- Strategy
- Long-short (aggressive)
- Fund house
- SBI Funds Management
Optimal Equity
+29.40%
1-year return, after expenses, before tax
Benchmark NIFTY 50 TRI · data as of 30 Sep 2026
Optimal Equity, a Category III long-short (aggressive) AIF from SBI Funds Management, returned 29.40% (after expenses, before tax) in the year to 30 Sep 2026. It began on 11 Jul 2022.
Key numbers
- AUM
- —
- Benchmark
- NIFTY 50 TRI
- Launched
- 11 Jul 2022
- Min. investment
- ₹1 crore
- Returns basis
- After expenses, before tax
Returns
| Period | This fund | NIFTY 50 TRI |
|---|---|---|
| 1 month | +4.20% | −6.00% |
| 3 months | +8.10% | −4.90% |
| 6 months | +31.20% | +2.10% |
| 1 year | +29.40% | −7.10% |
| 2 years | +13.00% | −5.30% |
| 3 years | +15.60% | +6.20% |
| Since inception | +16.90% | +9.50% |
After expenses, before tax, as SBI Funds Management reports them, to 30 Sep 2026. AIFs report returns on different bases, so compare like with like.
Fund details
- Category
- Category III
- Strategy
- Long-short (aggressive)
- Market-cap style
- —
- Asset type
- —
- Benchmark
- NIFTY 50 TRI
- Fund manager
- Mohan Lal
Investment approach
SBI Optimal Equity is an Equity Plus Long-Short strategy that aims to reduce market risk and volatility. It focuses on high-conviction stock ideas, primarily in Large, Mid, and Small Cap sectors, with investments held for 3-4 years to capture India's growth potential. Managed by our CIO, Gaurav Mehta, the portfolio comprises 25-30 rigorously selected stocks, reflecting our commitment to quality and long-term growth.
SBI Optimal Equity is an Equity Plus Long-Short strategy that aims to reduce market risk and volatility. It focuses on high-conviction stock ideas, primarily in Large, Mid, and Small Cap sectors, with investments held for 3-4 years to capture India's growth potential. Managed by our CIO, Gaurav Mehta, the portfolio comprises 25-30 rigorously selected stocks, reflecting our commitment to quality and long-term growth.
About the fund manager
Mr. Gaurav Mehta — CIO - Alternatives
Gaurav Mehta joined SBI Funds Management (SBIFM) in November 2018 as an Equity Analyst in SBI Mutual Fund and subsequently moved to having fund management responsibilities as well. With effect from October 2021, Gaurav is now CIO – Alternatives where he is responsible for managing equity portion of the Portfolio Management Services & Alternative Investment Funds business. Gaurav has over 15 years’ experience in Indian Financial Markets having worked with Ambit Investment Advisors, Ambit Capital, and Edelweiss Capital. Gaurav has completed B.Tech (Chemical Engineering) from IIT, Bombay and holds a post graduate diploma in Management from IIM, Lucknow. Gaurav is also a Charter holder of the CFA Institute, USA
As the fund house describes it.
FAQs
What has Optimal Equity returned?
29.40% (1-year return) to 30 Sep 2026, after expenses, before tax, as SBI Funds Management reports it. 1 month: 4.20%; 3 months: 8.10%; 6 months: 31.20%; 1 year: 29.40%; 2 years: 13.00%; 3 years: 15.60%; Since inception: 16.90%.
What kind of AIF is Optimal Equity?
A Category III AIF following a long-short (aggressive) strategy. 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). Optimal Equity’s stated minimum is ₹1 crore.
Who manages Optimal Equity?
SBI Funds Management runs it; the fund manager is Mohan Lal.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Optimal Equity’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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