Category
III
Strategy
Long-short
Fund house
Whitespace Alpha

Whitespace Fund 3 - Hybrid Plus

+11.29%

1-year return, gross of fees

Benchmark NIFTY 500 & Debt Composite Index · data as of 31 Aug 2026

Whitespace Fund 3 - Hybrid Plus, a Category III long-short AIF from Whitespace Alpha, returned 11.29% (gross of fees) in the year to 31 Aug 2026. It began on 1 Jul 2024.

Key numbers

AUM
—
Benchmark
NIFTY 500 & Debt Composite Index
Launched
1 Jul 2024
Min. investment
₹1 crore
Returns basis
Gross of fees

Returns

Whitespace Fund 3 - Hybrid Plus returns against the NIFTY 500 & Debt Composite Index
PeriodThis fundNIFTY 500 & Debt Composite Index
1 month+1.65%+0.17%
3 months+4.17%+2.39%
6 months+4.16%+2.21%
1 year+11.29%+4.98%
2 years+6.97%+1.82%
Since inception+7.30%+2.66%

Gross of fees, as Whitespace Alpha 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
—
Asset type
—
Benchmark
NIFTY 500 & Debt Composite Index
Fund manager
Puneet Sharma

Market-cap mix

  • Large cap50.00%
  • Other50.00%

The five largest holdings are 11.81% of the portfolio.

Investment approach

To generate alpha returns over benchmark. The Performance shown above is Fund returns every month, over the underlying.

Our purpose is to give our investors an additional return on their investment by harnessing the power of what they fear the most - volatility.

About the fund manager

Mr. Puneet Sharma — Fund Manager

Puneet is an expert in quantitative analysis and statistical modelling and comes with rich experience in M&A and valuations consulting. He has an MBA from IIM Lucknow and an engineering degree from Delhi College of Engineering.

As the fund house describes it.

FAQs

What has Whitespace Fund 3 - Hybrid Plus returned?

11.29% (1-year return) to 31 Aug 2026, gross of fees, as Whitespace Alpha reports it. 1 month: 1.65%; 3 months: 4.17%; 6 months: 4.16%; 1 year: 11.29%; 2 years: 6.97%; Since inception: 7.30%.

What kind of AIF is Whitespace Fund 3 - Hybrid Plus?

A Category III AIF following a long-short strategy. 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). Whitespace Fund 3 - Hybrid Plus’s stated minimum is ₹1 crore.

Who manages Whitespace Fund 3 - Hybrid Plus?

Whitespace Alpha runs it; the fund manager is Puneet Sharma.

How are AIF returns reported?

Each fund house reports its own returns on its own basis: Whitespace Fund 3 - Hybrid Plus’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