ASK Absolute Return Fund

Fund Snapshot

Fund Overview

• The fund endeavors to deliver absolute returns over the medium term with a lower degree of volatility compared to broader Indian equity indices.
• Aims to deliver consistent risk-adjusted returns with an alpha of 100-150 bps (net of fees & tax) over liquid fixed income alternatives from a 12+ month investment horizon.
• Focus on low volatility and fewer drawdowns.
• Emphasis on capital preservation irrespective of market conditions.
• Dynamic deployment strategy taking Long & Short position in stock/indices using a combination of fundamental, technical, quantitative and derivative analysis or any other strategies to deliver a targeted risk-return matrix across market cycles.

Rely on AltPort for transparent, process-led strategies that build confidence and capital.

Risk Management Framework Monitoring of limits & Portfolio Analysis

Fee Structure

Subscription amount less than INR 25 crore

Subscription amount equal to INR 25 crore or more

Characteristics

• High Liquidity
• Multi-strategy approach
• Portfolio diversification
• Portfolio diversification

Investment Approach

Overlay of Global and Domestic macro views

Top-Down

• Global growth—DM vs EM vs India
• Global Interest rates / Currencies / Commodities
• Flows and positioning of EM vs DM vs India
• Domestic macro
• Sector Performance

Sector & Stock view

Bottom Up

• Fundamental
• Evaluating Absolute and/or Relative Value
• Augmenting Special Situation Ideas
• Technical Overlay
• Deployment Strategy
• Portfolio Balancing

Investment Process

Overlay of global and domestic macro on portfolio deployment

• Global growth cycle projections and current performance
• Global Interest rates and Inflation
• Flows and positioning of EM
• Geopolitics and India positioning
• India earnings vs other key markets
• Relative valuations
• Sector selection based on the opportunity

Investment Process -Research backed

• Performance vs Sector
• Financial  modelling earning performance/quality
• Sell-side research views
• Management interaction
• Management quality and validating earnings forecast
• Regulatory & Governance risks
• Valuations – Both relative and absolute
• Close monitoring of all events affecting stock

Portfolio Construction

Long positions

• Fundamental – Pool of stocks
• Technical / Derivatives / Catalyst Overview
• Evaluation of opportunity cost/relative value
• Special Situations / Primary market participation to augment performance

Short positions

• Minimum 30% hedge to reduce market correlation
• Fundamental – Overvalued / weak business models stocks and sectors
• Absolute and/or relative short calls
• Basket of single-stock shorts and Index puts to protect the portfolio

Align your financial goals with AltPort’s smart, structured investing framework.

The Competitive Edge of ASK

Vintage

• The key investment team has been together for the last 19 years, with extensive experience in the Long-Short space.
• Pioneered the “Alternative Investment Fund (AIF) Category III Long-Short Fund” in India, with the skill set focused on generating “Risk Adjusted Returns.”

Team

A seasoned Investment team comprising of 8 members encompassing Fund management, Research and Trading

Track Record

Successfully & consistently delivered positive absolute returns with low volatility in most market scenarios

Recognition

Won multiple awards in the Hedge Fund space, garnering accolades on Global platforms.

Philosophy

Focused on innovative strategies by extensively using derivatives, with appropriate risk management framework and emphasis on capital preservation

Tailored Portfolios Crafted Around You

At AltPort, personalization is more than a promise—it’s our process. We take time to understand your risk appetite, aspirations, and financial goals before building a portfolio that reflects them. Our measurable consistency score and deep domain expertise ensure every choice is deliberate and aligned. If you want a portfolio that feels genuinely tailor-made rather than one-size-fits-all, we’re here to build it with care and precision.