AIF · Equity · CAT III - LONG SHORT - CONSERVATIVE
Whitespace Fund I - Equity Plus
IRRSince inception21.43%
Alpha (3Y)4.03%
3Y return13.01%
Fund age6 yrs 9 mo
Fund Managers
PUNEET SHARMA
Fund Manager, AIF, Whitespace Alpha
Puneet is an expert in quantitative analysis and statistical modelling and comes with rich experience in M&A and valuations consulting. He has an MBA from IIM Lucknow and an engineering degree from Delhi College of Engineering
Managing AUM₹350 Cr
Praveen Dwarakanath
Fund Manager, AIF, Whitespace Alpha
Praveen Dwarakanath is experienced in formulating exposure model designs, co-relation models, and capital market listing Sold his first research-based start-up for USD 4 Million after starting with USD 600, in three years time. An Undergraduate Degree in Computer Science Engineering An MBA from IIM, Lucknow
Managing AUM₹350 Cr
Growth of₹Cr
Whitespace Fund I Equity Plus
Returns: How it has done
| Scheme / Benchmark | YTD | 1Y | 2Y | 3Y | 5Y | Since inception |
|---|---|---|---|---|---|---|
| Whitespace Fund I Equity Plus | −6.76% | 1.58% | 2.17% | 13.01% | 16.79% | 21.43% |
| NIFTY 50 Index | −5.93% | −1.55% | −1.14% | 7.27% | 9.16% | 11.69% |
| Excess over benchmark | −0.83% | 3.13% | 3.31% | 5.74% | 7.63% | 9.74% |
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
14.09%
Benchmark approx 13.25%
A standard deviation reflecting historical swings.
Sensitivity
1.02
Beta vs benchmark 1.00 · 2% more reactive
How strongly the scheme moves with the index.
Risk-reward
0.56
Sharpe
Excess return gained per unit of volatility.
Capture ratio
115 / 95
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 −15.25% from its 30 Jan 2026 peak to a 31 Mar 2026 trough. It has not yet recovered.
Max drawdowns
−15.25%
Scheme Drawdown Trajectory
| Drawdown analysis | Peak | Trough | Depth | Fell over | Recovered | Recovery took |
|---|---|---|---|---|---|---|
| Scheme | 30 Jan 2026 | 31 Mar 2026 | −15.25% | 60 days | – | – |
| Benchmark | 30 Aug 2024 | 28 Feb 2025 | −15.27% | 182 days | – | – |
Scheme
Peak30 Jan 2026
Trough31 Mar 2026
Depth−15.25%
Fell over60 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
Stocks
50
Asset class
Equity
Market cap
Large cap100.00%
Mid cap
Small cap
Cash & others
Fees
A fixed plan is cheaper when returns are strong. A performance plan costs less in lean years and shares the upside only when the fund beats a hurdle.
FixedPlan A · SimpleFixed Management Fee2.00% / yr
Performance FeeNone
Hurdle RateNot applicable
VariablePlan B · Performance LinkedFixed Management FeeNone
Performance Fee20% of profit
Hurdle RateNot applicable
Lock-in: Nil.
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