Prudent Equity ACE Fund

The Prudent Equity ACE Fund is an open ended, long only Category III Alternate Investment fund which focusses towards identifying companies across various sizes from different sector in the listed space which have the potential to grow disproportionately and deliver superior risk adjusted returns.

Fund Structure

ACE Fund is an Open Ended Category III Long only Alternate Investment Fund which invests only in listed equities.

Investment Universe

The fund follows a sector and market cap agnostic approach to identify investments. Hence it consists of diverse companies across different sizes.

Investor

Resident Individuals, NRIs and corporates who are looking for long term capital appreciation may invest in the fund.

Benchmark

The benchmark index with which the performance of the fund is set to be compared will be S&P BSE 500.

Minimum Investment

As per regulations, the minimum investment amount required from investors in the fund is Rs.1 crore.

Reporting Standard

The investor will receive bi-monthly NAV statements along with a detailed report with security wise holding once every quarter.

Our Partners

The Securities and Exchange Board of India requires Alternate Investment Funds to engage an external fund accountant and custodian to ensure the safekeeping of client securities. We've chosen Nuvama Custodial Services as our custodian, with State Bank of India and PricewaterhouseCoopers serving as our banking and auditing partners.

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Prudent Equity ACE Fund

The Prudent Equity ACE Fund is an open ended, long only Category III Alternate Investment fund which focusses towards identifying companies across various sizes from different sector in the listed space which have the potential to grow disproportionately and deliver superior risk adjusted returns.

Fund Structure

ACE Fund is an Open Ended Category III Long only Alternate Investment Fund which invests only in listed equities.

Investment Universe

The fund follows a sector and market cap agnostic approach to identify investments. Hence it consists of diverse companies across different sizes.

Investor

Resident Individuals, NRIs and corporates who are looking for long term capital appreciation may invest in the fund.

Benchmark

The benchmark index with which the performance of the fund is set to be compared will be S&P BSE 500.

Minimum Investment

As per regulations, the minimum investment amount required from investors in the fund is Rs.1 crore.

Reporting Standard

The investor will receive bi-monthly NAV statements along with a detailed report with security wise holding once every quarter.

Our Partners

The Securities and Exchange Board of India requires Alternate Investment Funds to engage an external fund accountant and custodian to ensure the safekeeping of client securities. We've chosen Nuvama Custodial Services as our custodian, with State Bank of India and PricewaterhouseCoopers serving as our banking and auditing partners.

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Prudent Equity ACE Fund Performance


₹100 invested in Prudent Equity ACE Fund at the time of launch on 16th December, 2022.

Prudent Equity ACE Fund

227.25

S&P BSE 500

142.18

Fund level performance is based on gross TWRR. Investor returns may vary due to the respective class and fee structure.
Performance as on 30th November 2024

Frequently Asked Questions

AIF is   a   privately   pooled   investment   vehicle   which   collects   funds   from investors, whether  Indian or foreign, for investing it in accordance with a defined investment policy for the benefit of its investors

Category III AIF is a class of Alternative Investment Fund (AIF) regulated by the Securities and Exchange Board of India (SEBI) which invests primarily in listed equities.

The standard fees for Category III AlFs usually consist of either management/performance fees, or a combination of both.

As per regulatory requirements and the volatile nature of equities, there is no minimum returns guarantee in an AIF.

You will receive a bi-monthly NAV statement in email along with a detailed report once every quarter.

Taxation in Category Ill Alternate Investment Funds occurs at the fund level rather than the investor level.

The entire funds must be given at once.

There is a lock-in period of 12 months from the date of investment.

There is no exit load at the time of redemption.

Let's Discuss

Get in touch with us on aif@prudentequity.com

+91-7969038000 Brochure