AIF · Equity · CAT III - LONG SHORT
Avendus Equity Advantage Fund
Fund size₹34 Cr
IRRSince inception18.20%
1Y return14.71%
Fund age4 yrs
Fund Managers
Nandik Mallik
CIO & Fund Manager, Avendus
Previously: Fund Manager in ICICI Prudential AMC , Fund Manager in Edelweiss AMC, Commodity Indices and Structured Products team in Credit Suisse London; London Long term Intern Trader - Commodities Exotics Trading Desk in BNP Paribas; Associate - Currency and Interest Rate Derivatives Structuring in ICICI Bank and Consultant – Credit Scorecard Modelling in Fair Isaac (FICO)
Managing AUM₹1,062 Cr
Andrew Holland
CEO, Avendus
"Previously: CEO of Ambit Investment Advisors, Managing Director - Strategic Investment Group for Merrill Lynch in India, Chief Administrative Officer and Head of Research - DSP Merrill Lynch, worked with Country Nat West, Barclays (BZW) and Credit Suisse"
Managing AUM₹34 Cr
Returns: How it has done
| Scheme / Benchmark | YTD | 1Y | 2Y | 3Y | 5Y | Since inception |
|---|---|---|---|---|---|---|
| Avendus Equity Advantage | — | 14.71% | — | — | — | 18.20% |
| NIFTY 50 TRI | −12.67% | 32.39% | — | — | — | 27.46% |
| Excess over benchmark | — | −17.68% | — | — | — | −9.26% |
Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date.
Portfolio Details : Where the money actually sits
Asset class
Equity
Top 5 holdings
Cash & Cash Equivalent13.56%
HDFC Bank Ltd8.24%
Reliance Industries Ltd7.57%
IndusInd Bank Ltd6.80%
ICICI Prudential Life Insurance Company Ltd6.19%
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