- Category
- III
- Strategy
- Long-only
- Fund house
- Pegasus Trust AIF
Pegasus Growth Fund I
+37.05%
1-year return, after expenses, before tax
Benchmark NIFTY 500 · data as of 31 Aug 2026
Pegasus Growth Fund I, a Category III long-only AIF from Pegasus Trust AIF, returned 37.05% (after expenses, before tax) in the year to 31 Aug 2026. It began on 1 Dec 2023.
Key numbers
- AUM
- —
- Benchmark
- NIFTY 500
- Launched
- 1 Dec 2023
- Min. investment
- ₹1 crore
- Returns basis
- After expenses, before tax
Returns
| Period | This fund | NIFTY 500 |
|---|---|---|
| 1 month | +3.21% | +0.05% |
| 3 months | +11.01% | +5.01% |
| 6 months | +27.07% | +1.87% |
| 1 year | +37.05% | +4.18% |
| 2 years | +9.85% | +0.35% |
| Since inception | +14.71% | +8.40% |
After expenses, before tax, as Pegasus Trust AIF 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
- Large and mid cap
- Asset type
- Equity
- Benchmark
- NIFTY 500
- Fund manager
- Rahul Dhruv
Market-cap mix
- Large cap11.40%
- Mid cap33.10%
- Small cap48.20%
- Cash7.30%
The five largest holdings are 28.39% of the portfolio.
Investment approach
To seek to generate superior returns by identifying and investing in quality growth businesses at reasonable valuations with a return time frame of 5–7 years. The Fund will primarily be long-only, sector/size agnostic, and intends to hold investments to full potential.
About the fund manager
Mr. Rahul Dhruv — Fund Manager
Over 20 years of Writing (Marlin, CLSA, Citi Solomon Smith Barney), Disseminating (JPM) and Evaluating equity research. Over 10 years of Active Industry research (multiple industries from building materials to IT Services). Over 4 years of professional portfolio management (Kingdon Capital, Sansar Capital). Managed family office since 2014. Developed the CEGARP framework in 2019
As the fund house describes it.
FAQs
What has Pegasus Growth Fund I returned?
37.05% (1-year return) to 31 Aug 2026, after expenses, before tax, as Pegasus Trust AIF reports it. 1 month: 3.21%; 3 months: 11.01%; 6 months: 27.07%; 1 year: 37.05%; 2 years: 9.85%; Since inception: 14.71%.
What kind of AIF is Pegasus Growth Fund I?
A Category III AIF following a long-only strategy, with a large and mid 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). Pegasus Growth Fund I’s stated minimum is ₹1 crore.
Who manages Pegasus Growth Fund I?
Pegasus Trust AIF runs it; the fund manager is Rahul Dhruv.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Pegasus Growth Fund I’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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