AIF · Equity · CAT III - LONG ONLY
OysterRock Capital Fund 2
IRRSince inception17.40%
Alpha (3Y)7.38%
3Y return19.20%
Fund age8 yrs 6 mo
Fund Manager
Mehul Bhatt
Mehul Bhatt
Founder & Chief Investment Officer, OysterRock
Mehul Bhatt has over 20 years of experience of which the over 15 have been spent as a Portfolio Manager in the investment management business with leading asset management companies. He brings a successful record of bottom-up investing along with deep relationships in the Indian ecosystem. Mehul’s last assignment was with HSBC Global Asset Management. He joined HSBC Asset Management India as the Head of Equities, Portfolio Management Services in 2009 and managed the investment till 2014. From 2014 till 2017, Mehul was the dedicated advisor to the India offshore funds totalling around $ 2 billion run out of Hong Kong. He worked with Credit Suisse and at ASK Raymond James Investment Managers for five years till 2008.Mehul Bhatt has built a strong reputation of stock picking with a solid track record in the Indian equity markets. He has a value bias, a bottom up and rigorous approach having met with over 150 companies each year for the last >15 years. He also possesses a strong network with managements, bankers, lawyers and other participants to do an on the ground 'scuttlebutt' .Through the years at HSBC GAM, Credit Suisse and ASK Raymond James, Mehul created a rigorous, fundamentals driven analytical process for stock selection, portfolio construction and risk management. He was also instrumental in raising funds from strategic domestic and offshore investors. Mehul graduated with a MBA from Indian School of Business and has a bachelor’s degree in engineering.
Managing AUM₹0 Cr
Growth of₹Cr
OysterRock Capital Fund 2
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
OysterRock Capital Fund 29.18%11.20%4.50%19.20%16.50%17.40%
Nifty 500−1.07%3.00%0.40%12.00%12.00%12.90%
Excess over benchmark10.25%8.20%4.10%7.20%4.50%4.50%
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
15.69%
Benchmark approx 14.76%
A standard deviation reflecting historical swings.
Sensitivity
0.87
Beta vs benchmark 1.00 · 13% less reactive
How strongly the scheme moves with the index.
Risk-reward
0.86
Sharpe
Excess return gained per unit of volatility.
Capture ratio
100 / 55
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 −16.09% from its 29 Aug 2024 peak to a 28 Feb 2025 trough, and recovered on 31 Oct 2025 after 245 days.
Max drawdowns
−16.09%
Recovery period
245 days
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme29 Aug 202428 Feb 2025−16.09%183 days31 Oct 2025245 days
Benchmark30 Aug 202428 Feb 2025−18.59%182 days––
Scheme
Peak29 Aug 2024
Trough28 Feb 2025
Depth−16.09%
Fell over183 days
Recovered31 Oct 2025
Recovery took245 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
25
P/E ratio
23.74
P/B ratio
3.49
Dividend yield
0.30%
Avg market cap
₹14,000 Cr
Median market cap
₹15,439 Cr
Asset class
Equity
Market cap
Large cap11.35%
Mid cap16.70%
Small cap58.98%
Cash & others12.97%
As on 31 Jul 2026
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