Fund Performance: Mixed showing, lagged benchmark after extended run
Ampersand fund NAV rose 1.5% in September, ahead of other mid and small cap indices. However, our
performance lagged both Nifty and benchmark BSE 500 for the first time this financial year, mainly due to
significant advance tax outgo during the month. Co-incidentally, the last occasion this had happened was in
March 2024, and again for the same reason. Our portfolio had a mixed showing, with several stocks registering
reasonable gains, but select few hurting us immensely.
Our performance across various time periods continues to exhibit a consistently superior showing. Since
inception in Sept 2017, our fund has delivered around 26% 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 | 1.5% | 12.1% | 36.9% | 76.5% | 32.2% | 34.1% | 25.9% |
| BSE 500 | 2.1% | 7.3% | 19.3% | 39.5% | 16.9% | 20.9% | 15.6% |
| Nifty 50 | 2.3% | 7.5% | 15.6% | 31.4% | 13.6% | 17.6% | 14.5% |
| Nifty Midcap 100 | 1.5% | 7.9% | 25.1% | 48.4% | 25.6% | 30.3% | 18.4% |
| AFOFS NAV* | 504.1 |
NAV (post expenses & taxes paid till date), Class & Series-wise NAV may differ