The investment objective of TATA Equity Plus Absolute Return Fund- Category III AIF is to adopt a ‘dual’ portfolio strategy to create a Core Portfolio and a Derivatives Portfolio to generate long term capital appreciation, with lower volatility compared to NIFTY 50 index.

TATA Equity Plus Absolute Return Fund – Category III AIF
Fund Category: Category III AIF
Structure: Open Ended
Fund Manager's Name: Harsh Agarwal
Fund Manager's Experience: 17+ years of experience in PMS & Research. He joined Tata Asset Management in November 2018 as Head of Alternative Strategies and started the Alternatives business with Tata Absolute Return Fund in April 2019.
Fund Manager's Qualification: MBA from Symbiosis, Pune. He has also done courses in Certified Portfolio Manager and Certified Treasury Manager from The Institute of Chartered Financial Analysts of India University.
Investment Objective
Investment Philosophy
The investment philosophy of TATA Equity Plus Absolute Return Fund- Category III AIF is:
- Low risk equity long-short strategy managed through category III AIF platform
- Focus on alpha generation: Long-short portfolio diversified across many stocks
- Low market dependence: low net equity (i.e., all longs – all shorts) exposure
- Long term capital appreciation with lower volatility
The dual portfolio construct approach is:
DUAL PORTFOLIO = CORE PORTFOLIO + DERIVATIVES PORTFOLIO
Investment Strategy
The investment strategy of TATA Equity Plus Absolute Return Fund- Category III AIF is aimed in such a way that:
TATA EQUITY PLUS ABSOLUTE RETURNS FUND = INVESTMENT PORTFOLIO + HEDGE PORTFOLIO
The investment portfolio is built for investing with an aim to generate alpha over Nifty 50. This is done by:
• Stock Selection
• Portfolio Construction
• Stock Exit Strategy
The hedge portfolio is built targeting to generate positive returns and cash irrespective of market conditions. This is done via:
• Long & Short Positions
• Supplement to investment portfolio
• Focusing on Risk:Return
• Profit booking orientation
• Dynamic Gross exposure adjustments
Do Not Simply Invest, Make Informed Decisions
WISH TO MAKE INFORMED INVESTMENTS FOR LONG TERM WEALTH CREATION
