- Category
- III
- Strategy
- Long-short
- Fund house
- PESB Asset Management
PESB Alpha Fund
+4.70%
6-month return, after expenses and tax
Benchmark NIFTY 500 TRI · data as of 31 Aug 2026
PESB Alpha Fund, a Category III long-short AIF from PESB Asset Management, returned 4.70% (after expenses and tax) over six months to 31 Aug 2026. It began on 30 Nov 2025 and manages ₹50 crore.
Key numbers
- AUM
- ₹50 Cr
- Benchmark
- NIFTY 500 TRI
- Launched
- 30 Nov 2025
- Min. investment
- ₹1 crore
- Returns basis
- After expenses and tax
Returns
| Period | This fund | NIFTY 500 TRI |
|---|---|---|
| 1 month | +2.49% | +1.68% |
| 3 months | +7.85% | +3.26% |
| 6 months | +4.70% | +4.39% |
| Since inception | +12.65% | +12.60% |
After expenses and tax, as PESB Asset Management reports them, to 31 Aug 2026. AIFs report returns on different bases, so compare like with like.
Fund details
- Category
- Category III
- Strategy
- Long-short
- Market-cap style
- Flexi cap
- Asset type
- —
- Benchmark
- NIFTY 500 TRI
- Fund manager
- Vrajesh Krishnakumar Shah
Market-cap mix
- Large cap15.90%
- Mid cap8.00%
- Small cap47.10%
- Cash29.00%
The five largest holdings are 21.71% of the portfolio.
Investment approach
Long Only Strategy with focus on IPO, Anchor opportunities on selective basis
Long Only Strategy with focus on IPO, Anchor opportunities on selective basis
About the fund manager
Mr. Vrajesh Krishnakumar Shah — Promoter and Chairman & Managing Director
Mr. Vrajesh Krishnakumar Shah is one of the Promoter and Chairman & Managing Director of our Company. He has been associated with our company since Incorporation. He holds a Master of Commerce (M.Com.) degree, boasts an extensive 25- year career specializing in Risk Management within the Stock Market domain. He is a distinguished founding member renowned for his profound expertise. Mr. Shah's strategic brilliance and impeccable risk assessment skills are indispensable, providing our clientele with invaluable insights
Mr. Vrajesh Navnitbhai Shah — Promoter and Non-Executive Director
Mr. Vrajesh Navnitbhai Shah is a Promoter and Non-Executive Director. He has been serving on the Company’s Board since April 2018. He holds a Bachelor of Commerce (B.Com.) degree and brings over 30 years of professional experience. With his extensive industry knowledge and experience, he contributes valuable insights and expertise to the Company’s growth and development.
As the fund house describes it.
FAQs
What has PESB Alpha Fund returned?
4.70% (6-month return) to 31 Aug 2026, after expenses and tax, as PESB Asset Management reports it. 1 month: 2.49%; 3 months: 7.85%; 6 months: 4.70%; Since inception: 12.65%.
What kind of AIF is PESB Alpha Fund?
A Category III AIF following a long-short strategy, with a flexi cap style. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.
How much does PESB Alpha 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). PESB Alpha Fund’s stated minimum is ₹1 crore.
Who manages PESB Alpha Fund?
PESB Asset Management runs it; the fund manager is Vrajesh Krishnakumar Shah.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: PESB Alpha 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.
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