AIF · Equity · CAT III - LONG ONLY - MULTI CAP & FLEXI CAP
First Water Capital Fund
IRRSince inception28.00%
1Y return-0.32%
3Y return19.14%
Fund age5 yrs 11 mo
Fund Manager
Growth of₹Cr
First Water Capital
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
First Water Capital6.24%−0.32%−3.41%19.14%17.44%28.00%
Nifty 500−1.07%5.48%0.31%16.94%18.19%23.72%
Excess over benchmark7.31%−5.80%−3.72%2.20%−0.75%4.28%
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
22.84%
A standard deviation reflecting historical swings.
Risk-reward
0.65
Sharpe
Excess return gained per unit of volatility.
How far below its previous high it fell
Over the trailing 3Y window the scheme fell −26.90% from its 29 Sep 2024 peak to a 31 Mar 2026 trough. It has not yet recovered.
Max drawdowns
−26.90%
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme29 Sep 202431 Mar 2026−26.90%548 days––
Benchmark30 Aug 202428 Feb 2025−18.59%182 days––
Scheme
Peak29 Sep 2024
Trough31 Mar 2026
Depth−26.90%
Fell over548 days
Recovered–
Recovery took–
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
21
P/E ratio
11.90
P/B ratio
1.00
Asset class
Equity
Market cap
Large cap6.00%
Mid cap12.00%
Small cap77.00%
Cash & others5.00%
As on 31 Jul 2026
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