AlphaGrep Multi Asset Fund NAV: Rs 10.22, Down 0.23%
By Market Desk
AlphaGrep Multi Asset Allocation Fund NAV stood at Rs 10.22 on Aug 14, 2026, with a daily dip of 0.23%. Explore its hybrid strategy and performance.
The AlphaGrep Multi Asset Allocation Fund Direct Plan IDCW recorded a Net Asset Value (NAV) of Rs 10.22 as of August 14, 2026. This figure reflects a daily change of -0.23% for the open-ended mutual fund.
Key Fund Metrics
- NAV (August 14, 2026): Rs 10.22
- Daily NAV Change: -0.23%
- Fund Size: Rs 53 Crores
- Expense Ratio: 0.36%
- Exit Load: 1.00%
- Minimum Investment: Rs 500
Categorized as a ‘Hybrid – Multi Asset Allocation’ fund, it operates with a ‘Very High Risk’ profile. Its primary objective is to achieve long-term capital appreciation by investing across various asset classes.
Investment Strategy
The fund strategically diversifies its portfolio across equity and equity-related instruments, debt and money market instruments, and a range of commodity ETFs and derivatives. These include precious metals such as gold and silver.
Since its launch on July 6, 2026, the fund has delivered a return of 2.07%. Its performance is benchmarked against the Nifty 200 Total Return, providing a comparative measure for investors.
Performance and Risk Profile
- Return Since Inception: 2.07%
- Standard Deviation: 8.08
- Beta: 0.86
- Sharpe Ratio: 1.34
- Portfolio Turnover Ratio: 159.93
The AlphaGrep Multi Asset Allocation Fund is under the management of Ravneet Singh and Ashish Jain. Both bring distinct expertise to the fund’s strategic direction and day-to-day operations.
Ravneet Singh, an IIT Delhi alumnus, contributes his background in developing AI-driven trading strategies. Ashish Jain holds a PG in Data Analytics, CFA Level 2, MBA Finance, and B.E Computers, with previous experience across various financial and insurance entities.