Long-short alternative investment funds beat long-only funds in November

view original post

The majority of alternative investment funds (AIF) ended in the red in November. But 41 of the 48 schemes outperformed the Nifty50, which returned -3.9 per cent during the month.

Long-short AIF strategies outperformed long-only funds, with an average return of -0.13 per cent against -2.3 per cent for the latter, shows the data from PMS Bazaar.

All 15 of the long-short funds outperformed the benchmark Nifty50, while 26 of the 33 long-only funds managed to do so. For a one-year period, Aequiyas Equity Scheme I is the top performer, with return of 103.7 per cent.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, January 04 2022. 23:27 IST