Category
III
Strategy
Long-only
Fund house
Singularity AMC

Singularity Equity Fund I

+8.70%

1-year return, gross of fees

Benchmark BSE 500 TRI · data as of 31 Aug 2026

Singularity Equity Fund I, a Category III long-only AIF from Singularity AMC, returned 8.70% (gross of fees) in the year to 31 Aug 2026. It began on 13 Jul 2023.

Key numbers

AUM
—
Benchmark
BSE 500 TRI
Launched
13 Jul 2023
Min. investment
₹5 crore
Returns basis
Gross of fees

Returns

Singularity Equity Fund I returns against the BSE 500 TRI
PeriodThis fundBSE 500 TRI
1 month+1.60%−0.20%
3 months+6.60%+3.40%
6 months+14.00%+0.80%
1 year+8.70%+3.80%
2 years+13.30%+16.80%
3 years+38.90%+38.90%
Since inception+36.90%+11.00%

Gross of fees, as Singularity AMC 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
BSE 500 TRI
Fund manager
V Ramanan

Investment approach

The fund aims to capture the India growth theme characterised by structural long term tailwindswith inevitable outcomes. This fund MOAT rides on proprietory PE DNA model with a cross over focus integrated with investment approach that ensures depth.

The fund aims to combine macro insigths with bottom up investing in a concentrated portfolio of Listed and pre IPO opportunities.

About the fund manager

Mr V Ramanan — Fund Manager

Mr V Ramanan has vast experience in setting up and managing Equity Research team in several sell side domestic and global Investment Banks and Buy side as well where he worked very closely with the Fund Management Team. The last seven years were in Fund Management. Ramanan started his career with ICICI Ltd where he worked for 12 years and moved to the Sell side in 1994 to set up Research at Kotak Securities (then part of Kotak Mahindra Finance Ltd), when the equities market opened up for Institutional Securities. Worked with several Global Investment Banks over the next 7 years. This phase included Smith New Court, which merged with Merrill Lynch, Peregrine Securities, Santander Asia (Spanish Investment Bank) in Hong Kong, BNP Paribas and Dresdner Securities, where he managed Research Teams. Thereafter he had a two-year stint in New Zealand where he worked with a Boutique Investment Bank and was involved with setting a Merger Arbitrage Fund. He then moved to as Head of Research at Reliance Mutual Find where he set up a full fledged Research team. Thereafter, he moved to Premji Invest , the Family office of Azim Premji, where he was Co head of Listed Equities managing the listed portfolio of the Family Office. Premji Invest was among the first large Family Office to be professionally managed and was part of the journey from a Rs4,000cr fund when he joined to Rs35,000cr fund at the time he called it quits. Ramanan joined MK Ventures Capital post his stint at Premji Invest and worked very closely Madhu Kela helping him in indepth analysis of companies.

As the fund house describes it.

FAQs

What has Singularity Equity Fund I returned?

8.70% (1-year return) to 31 Aug 2026, gross of fees, as Singularity AMC reports it. 1 month: 1.60%; 3 months: 6.60%; 6 months: 14.00%; 1 year: 8.70%; 2 years: 13.30%; 3 years: 38.90%; Since inception: 36.90%.

What kind of AIF is Singularity Equity 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.

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). Singularity Equity Fund I’s stated minimum is ₹5 crore.

Who manages Singularity Equity Fund I?

Singularity AMC runs it; the fund manager is V Ramanan.

How are AIF returns reported?

Each fund house reports its own returns on its own basis: Singularity Equity Fund I’s are gross of fees. 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.

Full disclaimer

See how an AIF fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app