- Category
- III
- Strategy
- Long-only
- Fund house
- Rational Equity Trust
Rational Equity Flagship Fund I
+1.20%
1-year return, after expenses and tax, before performance fee
Benchmark NIFTY 500 TRI · data as of 31 Aug 2026
Rational Equity Flagship Fund I, a Category III long-only AIF from Rational Equity Trust, returned 1.20% (after expenses and tax, before performance fee) in the year to 31 Aug 2026. It began on 28 Mar 2023 and manages ₹100 crore.
Key numbers
- AUM
- ₹100 Cr
- Benchmark
- NIFTY 500 TRI
- Launched
- 28 Mar 2023
- Min. investment
- ₹1 crore
- Returns basis
- After expenses and tax, before performance fee
Returns
| Period | This fund | NIFTY 500 TRI |
|---|---|---|
| 1 month | +5.94% | +2.25% |
| 3 months | +4.56% | +3.99% |
| 6 months | +11.72% | +2.33% |
| 1 year | +1.20% | +3.43% |
| 2 years | +1.50% | +1.06% |
| 3 years | +22.30% | +12.57% |
| Since inception | +27.69% | +16.97% |
After expenses and tax, before performance fee, as Rational Equity Trust 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
- Equity
- Benchmark
- NIFTY 500 TRI
- Fund manager
- Krish Iyer
Investment approach
We are a fresh, new boutique investment firm aiming to provide high returns to our investors with highly favourable terms for our investors. We have high skin in the game in our flagship fund - more than 50% of the total contribution will be from the investment manager. We are a fundamental long only equity strategy fund with a sector agnostic & flexicap approach.
We are a fresh, new boutique investment firm aiming to provide high returns to our investors with highly favourable terms for our investors. We have high skin in the game in our flagship fund - more than 50% of the total contribution will be from the investment manager. We are a fundamental long only equity strategy fund with a sector agnostic & flexicap approach.
About the fund manager
Mr Krish Iyer — Fund Manager
Krish Iyer is a global executive with over four decades of experience across six countries in retail, banking & finance and consumption sectors. He is currently the Managing Partner of Rational Equity Partners LLP & also an Independent Director on the Board of Proctor & Gamble Health & Hygiene Limited. Prior to this, Krish worked as President & CEO of Walmart India for nearly 7 years where he played a pivotal role in the growth of Walmart's presence in India & its investment in Flipkart. Previously , he also worked for A S Watson & Co., Piramal Enterprises, ANZ Grindlays Bank subsidiary and Asian Paints in various leadership positions. Krish is a member of the Institute of Chartered Accountants of India and Institute of Company Secretaries of India. He has deep knowledge of finance and regulatory landscape of India, having been a keen investor for the last 25 years.
As the fund house describes it.
FAQs
What has Rational Equity Flagship Fund I returned?
1.20% (1-year return) to 31 Aug 2026, after expenses and tax, before performance fee, as Rational Equity Trust reports it. 1 month: 5.94%; 3 months: 4.56%; 6 months: 11.72%; 1 year: 1.20%; 2 years: 1.50%; 3 years: 22.30%; Since inception: 27.69%.
What kind of AIF is Rational Equity Flagship Fund I?
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.
How much does Rational Equity Flagship Fund I manage?
₹100 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). Rational Equity Flagship Fund I’s stated minimum is ₹1 crore.
Who manages Rational Equity Flagship Fund I?
Rational Equity Trust runs it; the fund manager is Krish Iyer.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Rational Equity Flagship Fund I’s are after expenses and tax, before performance fee. 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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