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AIF fund: ETMarkets AIF Talk: Staying on top! This AIF fund turns Rs 10 cr to Rs 29 cr in 3 years

First Water Capital Fund, managed by Arun Chulani, has delivered impressive returns, with a 5.4% gain in September 2023, making the 1-year return close to 47% and the 3-year rolling return at 43%. The fund has been ranked number one by Barclay Hedge s in the "Top 10 Equity-Long Only Hedge Funds" category, with a Dollar CAGR of 34%. Chulani attributes the fund s success to sticking with industries they understand and focusing on companies with strong balance sheets. He also emphasizes the need to embrace volatility and manage risk effectively. ....

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