Athena Enhanced
Equity Fund

A Long Only Equity Fund with a Core and Satellite Approach to Investing

The Athena Enhanced Equity Fund is a unique equity fund that combines active stock selection with the strategic use of derivatives to enhance returns and manage risks. By investing in high-quality, long-term growth stocks and employing tactical derivative strategies, the fund aims to outperform the benchmark index.

Fund Category
Alternate Investment Fund (AIF)
Sub Category
Category III AIF
Structure
Open-ended scheme
Inception Date
December 2022
Benchmark
CRISIL Equity Savings Index
Exit Option
Monthly redemptions available
Fund Manager
Mr. Dishank Kothari

Investment Objective

Outperforming the Indian
Equity Benchmark

The Athena Enhanced Equity Fund aims to outperform the Nifty 100 TR Index by creating a core portfolio of high quality assets and deploying tactical derivative strategies.

Investment Strategy

A Multi-faceted Approach
to Equity Investing

The fund follows a disciplined investment process, focusing on identifying high-quality, long-term growth stocks. The investment team conducts rigorous fundamental analysis to select stocks that are well-positioned to benefit from India's long-term growth story. Additionally, the fund leverages derivatives to enhance returns and manage risks.

About Fund Manager

Gurpreet S Arora

Fund Manager

With over 18 years of multi-cycle experience in active fund management and equity research. He joins us from Aviva Life Insurance India (2019-2024), where he was independently managing the equity

Kaizad Hozdar

Fund Manager, Athena Investments

Backed by 17 years of experience, he excels in equity research, advisory services, and portfolio management.

Key Advantage

A Unique Value Proposition

Active Management

Experienced investment team actively selects and manages the portfolio.

Enhanced Returns

The use of derivatives can potentially boost returns.

Risk Management

A disciplined approach to risk management is employed.

Transparency and Accountability

Regular reporting and communication with investors.

Monthly Strategy Returns

An Opportunity to Generate
Alpha over the Long-term

RETURNS OF THE FUND ARE FOR SHARE CLASS A1 AND ARE NET OF EXPENSES AND GROSS OF TAXES.

*CRISIL Equity Savings Index

Standard Performance (30th September 2024)

Monthly Strategy Returns graph

Monthly Strategy Returns – Graph Description

This graph presents the monthly strategy returns for the fund. The graph compares the strategy's performance across the months shown in the chart.

The graph should be read together with the corresponding monthly return values provided in the performance data.

Monthly Strategy Returns – Graph Description

The graph shows monthly strategy returns.

...
Monthly Strategy Returns
Month Return
April 2.1%

RETURNS OF THE FUND ARE FOR SHARE CLASS A1 AND ARE NET OF EXPENSES AND GROSS OF TAXES.

Standard Performance (30th September 2024)
Download Report

Risk Management Framework

A Disciplined Investment Approach to Mitigate Risks

The Athena Enhanced Equity Fund employs a diligent risk mitigation framework to protect investor capital. Our key risk management measures include:

Diversification

Investing across various sectors.

Large-cap Bias

Focus on stable, established companies to reduce volatility and enhance portfolio stability.

Position Sizing

Limiting exposure to individual stocks.

Regular Monitoring

Continuously monitoring the portfolio and making necessary adjustments.

FAQ

Category III AIFs are Alternative Investment Funds that employ diverse or complex trading strategies, including investments in listed or unlisted derivatives, to achieve the fund objective. They are typically hedge funds and may invest in securities as well as other financial instruments.

Ready to Invest?

Get in Touch with Our Team.

Rajesh

Uddhavraj Yadav

Manager – Compliance & Operations (Prajana Advisors Private Limted)

Chartered Accountant managing AIF operations at Prajana, with prior experience in fund accounting and auditing.

Uddhavraj Yadav is a Chartered Accountant currently serving as the AIF Operations Manager at Prajana. He has prior experience in Fund Accounting from his role at Axis Bank. Uddhavraj began his career in taxation and auditing, where he worked for over five years, gaining valuable experience in financial compliance and reporting.

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