AIF · Other · CAT II - SME
Chanakya Opportunities Fund
Fund size₹169 Cr
IRRSince inception28.15%
1Y return3.90%
Fund age3 yrs
Fund Managers
Ankush Jain
Fund Manager, Steptrade
Ankush Kumar Jain is a seasoned financial professional with a strong background in investment management. As a Chartered Financial Analyst (CFA) and member of the Institute of Chartered Financial Analysts of India (ICFAI), he brings a wealth of expertise to his role as Fund Manager at ACE Shares Private Ltd, which he joined in 2022.
Managing AUM₹336 Cr
Kresha Gupta
Fund Manager, Steptrade
Kresha Gupta is a highly qualified and experienced Chartered Accountant (CA) and a member of the Institute of Chartered Accountants of India (ICAI). She has a distinguished academic record and has gained significant expertise in the field through her management and consulting experience.
Managing AUM₹336 Cr
Growth of₹Cr
Chanakya Opportunities
Returns: How it has done
| Scheme / Benchmark | YTD | 1Y | 2Y | 3Y | 5Y | Since inception |
|---|---|---|---|---|---|---|
| Chanakya Opportunities | 0.76% | 3.90% | 10.89% | — | — | 28.15% |
| Nifty 500 | −1.07% | 6.35% | 0.72% | — | — | 23.27% |
| Excess over benchmark | 1.83% | −2.45% | 10.17% | — | — | 4.88% |
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
41.58%
A standard deviation reflecting historical swings.
Risk-reward
0.66
Sharpe
Excess return gained per unit of volatility.
How far below its previous high it fell
Over the trailing 3Y window the scheme fell −16.43% from its 31 Aug 2024 peak to a 01 Mar 2025 trough, and recovered on 01 Jul 2025 after 122 days.
Max drawdowns
−16.43%
Recovery period
122 days
Scheme Drawdown Trajectory
| Drawdown analysis | Peak | Trough | Depth | Fell over | Recovered | Recovery took |
|---|---|---|---|---|---|---|
| Scheme | 31 Aug 2024 | 01 Mar 2025 | −16.43% | 182 days | 01 Jul 2025 | 122 days |
| Benchmark | 30 Aug 2024 | 28 Feb 2025 | −18.59% | 182 days | – | – |
Scheme
Peak31 Aug 2024
Trough01 Mar 2025
Depth−16.43%
Fell over182 days
Recovered01 Jul 2025
Recovery took122 days
Benchmark
Peak30 Aug 2024
Trough28 Feb 2025
Depth−18.59%
Fell over182 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 3Y window · As on 31 Jul 2026
Portfolio Details : Where the money actually sits
Stocks
27
P/E ratio
17.10
P/B ratio
1.65
Dividend yield
0.99%
Avg market cap
₹333 Cr
Median market cap
₹222 Cr
Asset class
Other
Market cap
Large cap
Mid cap
Small cap34.32%
Cash & others
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