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Whitespace Alpha Equity Plus

Category III

Overview

The Whitespace Equity Plus Fund (technically organized under the Whitespace Alpha Fund I umbrella) is a long-biased, quantitative Category III Alternative Investment Fund (AIF) designed to deliver enhanced large-cap equity returns. The strategy anchors its core foundation in a systematic, full-exposure NIFTY 50 portfolio, mirroring the performance and stability of India's top 50 blue-chip companies. On top of this index baseline, the fund overlays proprietary, non-directional algorithmic derivative models designed to extract alternative risk premiums and inefficiencies from the market. This structural blueprint aims to capture the complete wealth-compounding upside of Indian large-caps while engineering a consistent, expected gross alpha of 8–10% (translating to a targeted 2–4% net alpha over the NIFTY 50 index almost every year) with monthly liquidity, offering high-net-worth investors an institutional-grade vehicle to systematically outperform the headline index without taking on concentrated sector or single-stock risks.

Fund Structure Details

Fund Type

Category III

Category Type

Hedge Funds (100%)

Investment Focus

Bluechip Stocks

Fund Currency

INR

AUM (₹in cr.)

-

Sponsor Commitment (₹in cr.)

-

Registration Number

IN/AIF3/19-20/0729

Fund Inception Date

01-10-2019

First Close Date

01-10-2019

Last Close Date

10-01-2027

Last Updated Factsheet

-

Ticket Size (₹in cr.)

₹1

Coupon Rate

4%

Open And Close Ended Fund

Open-Ended

6 Month Return

0%

1 Year Return

0.56%

3 Year Return

14.64%

5 Year Return

16.67%

Since Inception Return

20.21%

Tenure

-

Extension Period

-

Lock-in Period

-

Residual Tenure

Expired

Open For Investments

Yes