Category
III
Strategy
Long-only
Fund house
Ambit Investment Advisors

Pricing Prowess Fund

+5.66%

6-month return, after expenses, before tax

Benchmark NIFTY 50 · data as of 31 Aug 2026

Pricing Prowess Fund, a Category III long-only AIF from Ambit Investment Advisors, returned 5.66% (after expenses, before tax) over six months to 31 Aug 2026. It began on 24 Sep 2025.

Key numbers

AUM
—
Benchmark
NIFTY 50
Launched
24 Sep 2025
Min. investment
₹1 crore
Returns basis
After expenses, before tax

Returns

Pricing Prowess Fund returns against the NIFTY 50
PeriodThis fundNIFTY 50
1 month+1.33%−0.19%
3 months+6.79%+3.38%
6 months+5.66%+0.81%
Since inception+1.56%−0.04%

After expenses, before tax, as Ambit Investment Advisors 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
NIFTY 50
Fund manager
Trilok Agarwal

Market-cap mix

  • Large cap48.25%
  • Mid cap19.91%
  • Small cap26.65%
  • Cash5.19%

The five largest holdings are 25.48% of the portfolio.

About the fund manager

Mr Trilok Agarwal — Fund Manager

Trilok Agarwal is the Fund Manager of the Ambit Good & Clean MidCap Portfolio, the Ambit TenX Portfolio, and co-manages the Ambit Emerging Giants Small Cap Portfolio at Ambit Asset Management. He brings over 18 years of experience in investment management and equity research.Before joining Ambit, Trilok worked with Dymon Asia Capital and Aditya Birla Sun Life Limited (ABSLI). At ABSLI, he was a core member of the investment team overseeing equities of over INR 15,000 crore and, at the time of his exit, was managing funds worth over INR 4,000 crore. His funds delivered an average alpha of 280 bps over five years, consistently outperforming benchmarks. He also played a key role in launching and scaling funds between 2016 and 2020, garnering over INR 1,000 crore in AUM. Recognized for his consistent performance, Trilok was nominated as a Young Leader for three consecutive years within the Aditya Birla Financial Services group. At Dymon Asia Capital, he managed alternative investment funds with a long/short strategy aimed at alpha generation. Earlier in his career, he tracked multiple sectors, including auto, telecom, consumer, discretionary, chemicals, and cement — a cross-sector expertise that accelerated his journey to becoming a fund manager.

As the fund house describes it.

FAQs

What has Pricing Prowess Fund returned?

5.66% (6-month return) to 31 Aug 2026, after expenses, before tax, as Ambit Investment Advisors reports it. 1 month: 1.33%; 3 months: 6.79%; 6 months: 5.66%; Since inception: 1.56%.

What kind of AIF is Pricing Prowess 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.

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). Pricing Prowess Fund’s stated minimum is ₹1 crore.

Who manages Pricing Prowess Fund?

Ambit Investment Advisors runs it; the fund manager is Trilok Agarwal.

How are AIF returns reported?

Each fund house reports its own returns on its own basis: Pricing Prowess Fund’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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