AIF · Equity · CAT III - LONG SHORT
Edelweiss - Alternative Equity Scheme
Fund size₹58 Cr
Alpha (3Y)−3.32%
3Y return4.32%
Fund age11 yrs 11 mo
Fund Managers
Nalin Moniz
Nalin Moniz
CIO Alternative Equities, Edelweiss
A graduate of the Jerome Fisher Program in Management and Technology from the University of Pennsylvania (USA); with joint degrees in Economics from the Wharton School & Computer Science Engineering from the Moore School, meet the CIO of Alternative Equity at Edelweiss Asset Management – Mr. Nalin Moniz, CFA Nalin was earlier associated with Goldman Sachs Asset Management as a Portfolio Manager when he thought of starting his own venture in India by the name of Forefront Capital Management, an alternative asset management firm, which was acquired by Edelweiss in 2014. With a decade and a half of financial experience under his belt, he played a pivotal role in Edelweiss’ acquisition of Ambit Capital’s AIF business in 2016. A marathon enthusiast, he has run races in Amsterdam and Berlin in the last two years. When asked his secret to running 42.195 km, he said “You run 1 km 42 times.” At Edelweiss Asset Management, he leads the research and portfolio management for the alternative equity funds across AIF, PMS and offshore platforms in addition to being the fund manager for the Edelweiss Alternative Equity Scheme. He’s also been a Eureka Hedge Indian Hedge Fund of the Year nominee in 2014, 2016 and 2017 and voted as one of the top 40 under 40 professionals in Indian alternative investments
Managing AUM₹232 Cr
Mr. Vivek Sharma
Mr. Vivek Sharma
Fund Manager, AIF, Edelweiss
Vivek holds a PGDM from Symbiosis, Pune, having graduated with a B. Comm (Hons) from St. Xavier's College, Kolkata. He is also a FLAME scholar in investing. He has more than 17 years of rich experience of investing in the Indian equity markets. Prior to Edelweiss, he was a Fund Manager -Equities at PGIM India MF, steering their Midcap (Morningstar 5-star rated) and Aggressive Hybrid Fund. He also has sell-side experience, having worked at ICICI Securities, leading their industrial practice. During his tenure, PGIM India Midcap rose in ranks to feature among the top 3 funds in the category on a 3-year and 5-year performance basis. Further, in the approximately 1 year he managed the fund, the Aggressive Hybrid Fund turned into a top quartile fund from being the last ranked fund in that category. He is a great proponent of GARP (Growth at a Reasonable Price) philosophy and does not shy away from switching between growth and value strategies based on market conditions, while respecting fund benchmarks at the same time
Managing AUM₹277 Cr
Growth of₹Cr
Edelweiss Alternative Equity
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Edelweiss Alternative Equity0.27%0.27%−3.83%4.32%0.83%10.80%
NIFTY 50 TRI−5.93%−0.43%0.06%8.56%10.40%11.22%
Excess over benchmark6.20%0.70%−3.89%−4.24%−9.57%−0.42%
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
12.47%
Benchmark approx 13.26%
A standard deviation reflecting historical swings.
Sensitivity
0.77
Beta vs benchmark 1.00 · 23% less reactive
How strongly the scheme moves with the index.
Risk-reward
−0.03
Sharpe
Excess return gained per unit of volatility.
Capture ratio
77 / 93
Upside / Downside Capture
Share of market gains captured versus losses absorbed.
How far below its previous high it fell
Over the trailing 3Y window the scheme fell −19.54% from its 30 Oct 2024 peak to a 31 Mar 2026 trough. It has not yet recovered.
Max drawdowns
−19.54%
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme30 Oct 202431 Mar 2026−19.54%517 days––
Benchmark30 Aug 202428 Feb 2025−15.27%182 days––
Scheme
Peak30 Oct 2024
Trough31 Mar 2026
Depth−19.54%
Fell over517 days
Recovered–
Recovery took–
Benchmark
Peak30 Aug 2024
Trough28 Feb 2025
Depth−15.27%
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
Asset class
Equity
Top 5 holdings
NSE Ltd10.95%
ICICI Lombard General Insurance Company Ltd5.46%
Maruti Suzuki India Ltd5.41%
Asian Paints Ltd5.32%
Axis Bank Ltd5.31%
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