- Category
- III
- Strategy
- Long-only
- Fund house
- Quest Investment Managers
Smart Alpha Sector Rotation
−4.77%
1-year return, after expenses and tax
Benchmark NIFTY 500 · data as of 31 Aug 2026
Smart Alpha Sector Rotation, a Category III long-only AIF from Quest Investment Managers, returned −4.77% (after expenses and tax) in the year to 31 Aug 2026. It began on 10 May 2022.
Key numbers
- AUM
- —
- Benchmark
- NIFTY 500
- Launched
- 10 May 2022
- Min. investment
- ₹1 crore
- Returns basis
- After expenses and tax
Returns
| Period | This fund | NIFTY 500 |
|---|---|---|
| 1 month | +1.75% | −0.04% |
| 3 months | +5.43% | +3.50% |
| 6 months | +6.35% | +1.22% |
| 1 year | −4.77% | +4.40% |
| 2 years | −5.92% | −0.60% |
| 3 years | +10.09% | +11.47% |
| Since inception | +11.81% | +12.72% |
After expenses and tax, as Quest Investment Managers 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
- Fund manager
- Rakesh Vyas
Market-cap mix
- Large cap36.95%
- Mid cap25.17%
- Small cap28.45%
- Cash9.42%
The five largest holdings are 29.17% of the portfolio.
Investment approach
The fund would be focused on selecting Midcap and Smallcap companies where high growth is visible and meets our investment parameters
A Multi-cap sector agnostic fund seeking to benefit from the Sector and Stock Rotation strategy in Indian Equity Markets
About the fund manager
Mr. Rakesh Vyas — Fund Manager
Mr Rakesh Vyas has been active in capital markets for last 18 years of which more than 14 years were with HDFC Mutual fund where he was part of Fund management and research team. Over these years he has actively researched more than 150 companies across various sectors like Cement, Infrastructure, Utilities, Metals/Minerals, Chemicals, Real estate etc. Prior to joining Quest, he was managing HDFC Infrastructure Fund and HDFC Housing opportunities fund since Jan-20 till Jan-24. Recently HDFC Infrastructure fund was awarded Platinum award in Infrastructure fund category by Navbharat BFSI Awards 2023.
As the fund house describes it.
FAQs
What has Smart Alpha Sector Rotation returned?
−4.77% (1-year return) to 31 Aug 2026, after expenses and tax, as Quest Investment Managers reports it. 1 month: 1.75%; 3 months: 5.43%; 6 months: 6.35%; 1 year: −4.77%; 2 years: −5.92%; 3 years: 10.09%; Since inception: 11.81%.
What kind of AIF is Smart Alpha Sector Rotation?
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). Smart Alpha Sector Rotation’s stated minimum is ₹1 crore.
Who manages Smart Alpha Sector Rotation?
Quest Investment Managers runs it; the fund manager is Rakesh Vyas.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Smart Alpha Sector Rotation’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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