AIF
CAT III - Long Short · Alternative Investment Fund
Nuvama EDGE Fund is an AIF (Alternative Investment Fund), in the cat iii - long short category. It has returned -2.40% over 1 year, +13.10% over 3 years, +13.90% over 5 years, as reported by the fund manager. The minimum investment in any AIF is ₹1 crore.
Time-weighted returns after fees, as reported by the fund manager. Past returns do not guarantee future returns.
Nuvama EDGE Fund has returned -6.90% (1 month), -3.60% (3 months), +8.80% (6 months), -2.40% (1 year), -1.80% (2 years), +13.10% (3 years), +13.90% (5 years), +16.10% (Since inception). Periods over one year are annualised.
SEBI sets the minimum investment in an AIF at ₹1 crore per investor. Employees and directors of the fund manager can invest from ₹25 lakh.