Home / Markets / News / Raining returns: Long-only AIFs beat long-short strategies in August

Raining returns: Long-only AIFs beat long-short strategies in August

The former gave average category returns of 4.3 per cent, in comparison to 0.2 per cent for the latter, shows data from PMS Bazaar

long, short, market, stocks, AIFs, funds

premium

Of the 16 long-only funds, 14 managed to beat the Nifty50 returns of 2.8 per cent during the month, while all seven of the long-short funds underperformed the benchmark.

Ashley Coutinho Mumbai

1 min read Last Updated : Oct 06 2020 | 1:05 AM IST

Long-only alternative investment funds (AIF) strategies outperformed long-short funds in August.

The former gave average category returns of 4.3 per cent, in comparison to 0.2 per cent for the latter, shows data from PMS Bazaar.

Of the 16 long-only funds, 14 managed to beat the Nifty50 returns of 2.8 per cent during the month, while all seven of the long-short funds underperformed the benchmark.

For a 1-year period, Girik Multicap Growth Equity Fund has been the best performer, with returns of 21.5 per cent.

Topics : Alternative Investment Funds