Fund Performance: A rare contraction, but recurring outperformance
Ampersand fund NAV declined 2.3% in October, but yet again performed ahead of benchmark BSE 500, as well as major indices. The contraction was due to some of our core holdings correcting in line with market trends, partly cushioned by gains in select stocks which emerged as new winners.
Our performance across various time periods illustrates consistent and strong showing. Since inception in Sept 2017, our fund has delivered over 25.2% CAGR, well ahead of all major indices.
Fund and Market Performance
| Returns | 1 Month | 3 Months | 6 Months | 1 Year | 3 Year CAGR | 5 Year CAGR | Inception CAGR |
| AGOFS NAV | -2.3% | 2.6% | 20.9% | 75.3% | 30.5% | 32.7% | 25.2% |
| BSE 500 | -6.5% | -3.9% | 7.8% | 34.3% | 14.2% | 18.4% | 14.3% |
| Nifty 50 | -6.2% | -3.0% | 7.1% | 26.7% | 11.1% | 15.3% | 13.3% |
| Nifty Midcap 100 | -8.1% | -6.3% | 8.7% | 42.2% | 22.0% | 26.9% | 16.7% |
| AFOFS NAV* | 492.6 |
NAV (post expenses & taxes paid till date), Class & Series-wise NAV may differ