- Category
- III
- Strategy
- Debt
- Fund house
- Whitespace Alpha
Whitespace Fund II - Debt Plus
+9.34%
1-year return, gross of fees
Benchmark NIFTY 50 TRI · data as of 30 Sep 2026
Whitespace Fund II - Debt Plus, a Category III debt AIF from Whitespace Alpha, returned 9.34% (gross of fees) in the year to 30 Sep 2026. It began on 1 Aug 2020.
Key numbers
- AUM
- —
- Benchmark
- NIFTY 50 TRI
- Launched
- 1 Aug 2020
- Min. investment
- ₹1 crore
- Returns basis
- Gross of fees
Returns
| Period | This fund | NIFTY 50 TRI |
|---|---|---|
| 1 month | −0.16% | +0.47% |
| 3 months | +2.80% | +1.45% |
| 6 months | +4.31% | +2.98% |
| 1 year | +9.34% | +5.84% |
| 2 years | +9.96% | +6.34% |
| 3 years | +11.91% | +6.60% |
| 5 years | +12.12% | +6.15% |
| Since inception | +12.95% | +5.79% |
Gross of fees, as Whitespace Alpha reports them, to 30 Sep 2026. AIFs report returns on different bases, so compare like with like.
Fund details
- Category
- Category III
- Strategy
- Debt
- Market-cap style
- —
- Asset type
- —
- Benchmark
- NIFTY 50 TRI
- Fund manager
- Praveen Dwarakanath
Investment approach
Whitespace Alpha is a Cat 3 AIF with multi asset class investment opportunities across Equity and Debt. The fund aims to generate consistent monthly alpha returns for investors through market neutral strategies i.e. without a directional view of the market scenario. The underlying models, used by the fund, identify the statistical correlation of stocks while also taking advantage of the implied volatility of stocks versus the index. This helps identify alpha opportunities in the market and deliver best in class returns to investors
Stable returns through debt investments .Proprietary Alpha strategies for superlative returns
About the fund manager
Mr Praveen Dwarakanath — Fund Manager
Experienced in exposure and co-relation models. Launched Whitespace Alpha in 2015 after selling his first entrepreneurial venture Has a background in in engineering and holds an MBA from IIM, Lucknow
As the fund house describes it.
FAQs
What has Whitespace Fund II - Debt Plus returned?
9.34% (1-year return) to 30 Sep 2026, gross of fees, as Whitespace Alpha reports it. 1 month: −0.16%; 3 months: 2.80%; 6 months: 4.31%; 1 year: 9.34%; 2 years: 9.96%; 3 years: 11.91%; 5 years: 12.12%; Since inception: 12.95%.
What kind of AIF is Whitespace Fund II - Debt Plus?
A Category III AIF following a debt 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 II - Debt Plus’s stated minimum is ₹1 crore.
Who manages Whitespace Fund II - Debt Plus?
Whitespace Alpha runs it; the fund manager is Praveen Dwarakanath.
How are AIF returns reported?
Each fund house reports its own returns on its own basis: Whitespace Fund II - Debt 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.
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