Ajanta India Fund I AIF: Returns, Portfolio & Fees

AIF · Equity · CAT III - LONG ONLY - FLEXI CAP

Ajanta India Fund I

IRRSince inception9.86%

1Y return5.39%

Minimum investment₹1 Crore

Fund age19 mo

Fund Manager

Vishnu Gopalakrishnan

Managing Partner, Ajanta

Vishnu started his investing career as an early employee at Premji Invest from 2006 to 2011, where he was closely involved in building out the investment process. Post this he was Co-Founder at Steinberg India an India-focused FPI that generated strong alpha over 2011 to 2023. Prior to Premji Invest he worked with in Coca-Cola India across brand management, sales operations and consumer insights. This provided him with deep understanding of operating realities in India. Vishnu graduated from IIM Ahmedabad and is also a CFA charter holder.

Managing AUM₹0 Cr

Growth of₹Cr

Ajanta India Fund I

Returns: How it has done

Scheme / Benchmark	YTD	1Y	2Y	3Y	5Y	Since inception
Ajanta India Fund I	4.01%	5.39%	—	—	—	9.86%
Nifty 500	−1.07%	2.98%	—	—	—	1.70%
Excess over benchmark	5.08%	2.41%	—	—	—	8.16%

Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 31 Jul 2026.

Risk : What you take on to earn the return

Volatility

19.37%

Benchmark approx 15.96%

A standard deviation reflecting historical swings.

Sensitivity

1.03

Beta vs benchmark 1.00 · 3% more reactive

How strongly the scheme moves with the index.

Risk-reward

0.08

Sharpe

Excess return gained per unit of volatility.

How far below its previous high it fell

Over the trailing 1Y window the scheme fell −18.22%, and recovered on 31 Jul 2026.

Max drawdowns

−18.22%

Scheme Drawdown Trajectory

Drawdown analysis	Peak	Trough	Depth	Fell over	Recovered	Recovery took
Scheme	–	–	−18.22%	–	31 Jul 2026	–
Benchmark	31 Jul 2025	30 Mar 2026	−14.69%	242 days	–	–

Scheme

Peak–

Trough–

Depth−18.22%

Fell over–

Recovered31 Jul 2026

Recovery took–

Benchmark

Peak31 Jul 2025

Trough30 Mar 2026

Depth−14.69%

Fell over242 days

Recovered–

Recovery took–

The benchmark's peak, trough and recovery are read off its month-end curve; the scheme's row is measured on daily NAV. · Risk and drawdown use a trailing 1Y window · As on 31 Jul 2026

Portfolio Details : Where the money actually sits

Stocks

P/E ratio

31.43

P/B ratio

3.63

Dividend yield

0.72%

Avg market cap

₹6.08 L Cr

Asset class

Equity

Market cap

Large cap11.43%

Mid cap29.78%

Small cap55.93%

Cash & others2.86%

As on 31 Jul 2026

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