AIF · Equity · CAT III - LONG ONLY - SME & MICRO CAP
Steptrade Revolution Fund
Fund size₹167 Cr
IRRSince inception10.88%
1Y return-10.50%
Fund age2 yrs 2 mo
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
Steptrade Revolution
Returns: How it has done
| Scheme / Benchmark | YTD | 1Y | 2Y | 3Y | 5Y | Since inception |
|---|---|---|---|---|---|---|
| Steptrade Revolution | 1.85% | −10.50% | — | — | — | 10.88% |
| Nifty 500 | −1.07% | 5.19% | — | — | — | 9.30% |
| Excess over benchmark | 2.92% | −15.69% | — | — | — | 1.58% |
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
34.34%
Benchmark approx 15.67%
A standard deviation reflecting historical swings.
Sensitivity
1.61
Beta vs benchmark 1.00 · 61% more reactive
How strongly the scheme moves with the index.
Risk-reward
−0.25
Sharpe
Excess return gained per unit of volatility.
How far below its previous high it fell
Over the trailing 1Y window the scheme fell −31.60%. It has not yet recovered.
Max drawdowns
−31.60%
Scheme Drawdown Trajectory
| Drawdown analysis | Peak | Trough | Depth | Fell over | Recovered | Recovery took |
|---|---|---|---|---|---|---|
| Scheme | – | – | −31.60% | – | – | – |
| Benchmark | 31 Jul 2025 | 30 Mar 2026 | −14.69% | 242 days | – | – |
Scheme
Peak–
Trough–
Depth−31.60%
Fell over–
Recovered–
Recovery took–
Benchmark
Peak31 Jul 2025
Trough30 Mar 2026
Depth−14.69%
Fell over242 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 1Y window · As on 31 Jul 2026
Portfolio Details : Where the money actually sits
Stocks
80
P/E ratio
22.59
P/B ratio
1.90
Dividend yield
0.43%
Avg market cap
₹3,145 Cr
Median market cap
₹953 Cr
Asset class
Equity
Market cap
Large cap
Mid cap1.08%
Small cap56.83%
Cash & others
Fees
VariablePlan A · SimpleFixed Management Fee–
Performance FeeNone
Hurdle RateAbove 12%
No exit load. Lock-in: Nil.
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