
Category III
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 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