AIF · Equity · CAT III - LONG ONLY - MULTI CAP & FLEXI CAP
Nepean Long Term Opportunities Fund II
Fund size₹139 Cr
Alpha (3Y)4.68%
3Y return16.76%
Fund age4 yrs 10 mo
Fund Managers
Gautam Trivedi
Gautam Trivedi
Fund Manager, Nepean
Gautam Trivedi is a Co-Founder & Managing Partner of Nepean Capital. He has over 26 years of experience in the Indian and Asian financial industry. In his last role, he was the CEO of Religare Capital Markets, one of India's leading domestic Investment Banks. There he pioneered 'The Great India Roadtrips' that conducted channel checks across in Tier 2 & 3 towns and villages. Before joining Religare, Gautam was a Managing Director and Head of Equity Distribution at Goldman Sachs India; he served on the board of Goldman Sachs India Private Limited. He moved to India from Goldman Sachs (Hong Kong) where he was an Executive Director in the Asian Equities team. Gautam spent 4 years in the Corporate Finance and M&A team at Reliance Industries Ltd, India's largest company by market cap. He has also worked at DSP Merrill Lynch, CLSA Asia and Jardine Fleming (Hong Kong). Gautam graduated from the University of Southern California (USC) with an MBA and has a Bachelor of Law and a Bachelor of Commerce degrees from Mumbai University. He is also an Aspen Institute fellow and is the President of the USC Marshall Alumni Association of Mumbai. He sits on the boards of Collective Artist Networks, Extramarks Education India Pvt. Ltd., Landmark Cars Ltd., Maddock Films and UFO Moviez India Ltd. Gautam also sits on the India Advisory Board of the USC Viterbi School of Engineering. He is an avid traveler and enjoys penning his experiences in travelogues.
Managing AUM₹139 Cr
Anand Trivedi
Anand Trivedi
Fund Manager, Nepean
Anand Trivedi is a Co-Founder & Managing Partner of Nepean Capital. He has over 24 years of experience in the Indian and Asian financial industry, of which 16 years were spent investing in public and private markets His last role was Managing Director & Head of GE Private Equity in India investing primarily in Indian Mid Caps with strong growth potential. Prior to GE, he spent several years in Hong Kong as a fund manager with Nicholas Applegate Capital Management investing in India and Asia. He later worked in the Equity Capital Markets teams at Lehman Brothers (Hong Kong) and ABN AMRO Rothschild (Hong Kong). Anand also ran Principal Investments at Shinsei Bank in India. He has strong corporate experience having worked for 4 years in the Corporate Finance and M&A team at Reliance Industries Ltd. Anand sits on the board of Extramarks Eductions India Pvt. Ltd. and UFO Moviez India Ltd. He has previously served as a Board observer on various investee companies, namely Sygene Ltd., Control & Switchgears Ltd., Lemon Tree Hotels Ltd., Sudhir Gensets Ltd. & Oriental Structural Engineers Ltd.
Managing AUM₹139 Cr
Growth of₹Cr
Nepean Long Term Opportunities Fund II
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Nepean Long Term Opportunities Fund II29.18%32.84%7.59%16.76%—15.76%
Nifty 500−1.02%4.40%−0.60%11.47%—8.66%
Excess over benchmark30.20%28.44%8.19%5.29%—7.10%
Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 31 Aug 2026.
Risk : What you take on to earn the return
Volatility
18.69%
Benchmark approx 14.72%
A standard deviation reflecting historical swings.
Sensitivity
1.00
Beta vs benchmark 1.00
How strongly the scheme moves with the index.
Risk-reward
0.64
Sharpe
Excess return gained per unit of volatility.
Capture ratio
101 / 69
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 −24.68% from its 30 Oct 2024 peak to a 28 Feb 2025 trough, and recovered on 30 Jun 2026 after 487 days.
Max drawdowns
−24.68%
Recovery period
487 days
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme30 Oct 202428 Feb 2025−24.68%121 days30 Jun 2026487 days
Benchmark30 Aug 202428 Feb 2025−18.59%182 days––
Scheme
Peak30 Oct 2024
Trough28 Feb 2025
Depth−24.68%
Fell over121 days
Recovered30 Jun 2026
Recovery took487 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 Aug 2026
Portfolio Details : Where the money actually sits
Stocks
25
P/E ratio
55.77
P/B ratio
5.57
Dividend yield
0.14%
Avg market cap
₹1.32 L Cr
Median market cap
₹25,581 Cr
Asset class
Equity
Market cap
Large cap12.90%
Mid cap26.50%
Small cap59.70%
Cash & others0.90%
As on 31 Aug 2026
Fees
A fixed plan is cheaper when returns are strong.
FixedPlan A · Simple
Fixed Management Fee1.25% / yr
Performance FeeNone
Hurdle RateNot applicable
Exit load 1.50% within 2 years, 1.50% within 3 years. Lock-in: Nil.
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