Arun Chulani, Co-Founder of First Water Capital, discusses the fund s impressive performance, achieving over 90% growth in the last year and 40% CAGR in 3 years. The fund has consistently ranked no.1 on BarclayHedge s Top 10 equity funds. he says: "Our performance is a reflection of our core philosophy, which starts with value, concentration, and betting on a country with long-term tailwinds—that of India."
A9 Finsight and Vivriti Asset were top performers among AIF Funds in April 2024, outperforming the Nifty50. Several other funds, including Income Builder Fund, also showed impressive growth.
Kunal Bhatka, Co-Founder, First Water Capital Fund, also says that they avoid IPOs as there’s a lot of fashion parading involved, where numbers are padded up to present a rosier picture.
Most category III AIFs beat Nifty in October - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.