- Manager
- Estee Advisors
- Service
- Discretionary
- Asset class
- Hybrid
i-Alpha
+7.82%
1-year return
Benchmark NIFTY50 Arbitrage Index +7.33% · to 30 Sep 2026
Estee Advisors’ i-Alpha returned 7.82% over the year to 30 Sep 2026, against 7.33% for its benchmark, the NIFTY50 Arbitrage Index. It managed ₹242 crore across its clients.
Key numbers
- AUM
- ₹242 Cr
- Benchmark
- NIFTY50 Arbitrage Index
- Turnover, past year
- 235.93×
- Min. investment
- ₹50 lakh (SEBI)
- Reported to SEBI
- 30 Sep 2026
Returns vs benchmark
| Period | This strategy | NIFTY50 Arbitrage Index | Difference |
|---|---|---|---|
| 1 month | +0.68% | +0.80% | −0.12% |
| 3 months | +1.82% | +1.92% | −0.10% |
| 6 months | +3.94% | +3.38% | +0.56% |
| 1 year | +7.82% | +7.33% | +0.49% |
| 2 years | +8.77% | +7.60% | +1.17% |
| 3 years | +10.33% | +7.43% | +2.90% |
| 4 years | +9.85% | +7.44% | +2.41% |
| 5 years | +9.17% | +6.69% | +2.48% |
| Since inception | +10.41% | +6.36% | +4.05% |
Time-weighted returns (TWRR) as the managers report them to SEBI, after fees and expenses; periods over a year are annualised. Reported for 30 Sep 2026.
Portfolio mix
- Derivatives100.00%₹242 Cr
Flows and turnover
- Inflow, Sep 2026
- ₹0.75 Cr
- Outflow, Sep 2026
- ₹11.49 Cr
- Net, Sep 2026
- −₹10.74 Cr
- Net, FY to date
- −₹13.89 Cr
- Turnover, month
- 27.77×
- Turnover, past year
- 235.93×
Money clients put in and took out. The financial year runs from 1 April.
FAQs
What has i-Alpha returned?
7.82% over the year to 30 Sep 2026, time-weighted as reported to SEBI. 1 month: 0.68%; 3 months: 1.82%; 6 months: 3.94%; 1 year: 7.82%; 2 years: 8.77%; 3 years: 10.33%; 4 years: 9.85%; 5 years: 9.17%; Since inception: 10.41%.
How has it done against its benchmark?
Its benchmark, the NIFTY50 Arbitrage Index, returned 7.33% over the year, so the strategy was 0.49 percentage points ahead.
How much does i-Alpha manage?
₹242 crore at 30 Sep 2026, as reported to SEBI.
What is the minimum investment in a PMS?
SEBI sets the minimum at ₹50 lakh per client, in cash or securities. A manager can ask for more.
Who manages i-Alpha?
Estee Advisors, a SEBI-registered portfolio manager (INP000007720), runs it as a discretionary service.
How are PMS returns reported?
Portfolio managers report each strategy’s time-weighted return (TWRR) to SEBI every month, after fees and expenses, beside the benchmark they chose. Periods over a year are annualised.
For information only. Not investment advice or a research report. Past performance does not guarantee future returns. PMS investments carry higher minimums and risks; read the disclosure document.
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