About Company
Finavenue
Finavenue AIF Growth Fund is a SEBI-registered CAT III long-only,sector-agnostic investment vehicle focused on capitalizing on growth opportunities across various industries. With a strategic emphasis on delivering superior returns through meticulous research and expert insights, the fund seeks to identify promising companies poised for sustainable expansion.
What Is the Finavenue Growth Fund?
The Finavenue Growth Fund is a SEBI-registered Category III AIF structured as a long-only, sector-agnostic investment vehicle focused on identifying growth opportunities across India's evolving industries. The strategy primarily looks at small- and mid-cap companies with strong fundamentals, credible management and potential for long-term value creation.
Finavenue combines fundamental research, market analysis and structured portfolio construction to identify businesses that may be under-researched or overlooked by the broader market. Its investment philosophy centres on value investing, long-term focus and “Structure Beats Activity.” The fund also considers opportunities such as anchor investments and pre-IPO investments as part of its broader approach to accessing growth opportunities.
Finavenue Growth Fund: Fund Snapshot
| Fund Parameter | Details |
| Fund Name | Finavenue Growth Fund |
| Fund Category | Category III AIF |
| Structure | Long-only, sector-agnostic |
| AUM | ₹400+ crore |
| Inception Date | 19 July 2023 |
| Absolute Return | 217.41%* |
| Benchmark | CNX Small Cap Index |
| Benchmark Return | 67.25%* |
| Management Fee | 2% |
| Hurdle Rate | 12% |
| Performance Fee | 20% |
| Investment Focus | Small- and mid-cap growth companies |
Performance data as of 30 June 2025. The fund reported an absolute return of 217.41%, compared with 67.25% for the CNX Small Cap Index over the stated period. Past performance does not guarantee future results.
The Finavenue Growth Fund minimum investment is not specified in the information provided here and should therefore be confirmed from the latest applicable fund documents before investment.
Finavenue Growth Fund Overview: Strategy and Guiding Principles
The Finavenue Growth Fund follows a research-intensive Alternative Investment Fund approach designed to identify companies where long-term business fundamentals and valuation can potentially create investment opportunities.
Value Investing – The Zeroth Law of Investing
Value investing forms the foundation of the strategy. The fund looks beyond market popularity to assess earnings, cash flows, assets, growth prospects and underlying business value.
The objective is to identify businesses that may be undervalued relative to their fundamental potential.
Long-Term Focus
Finavenue focuses on companies capable of sustaining growth over an extended period rather than building the portfolio purely around short-term market movements.
This long-term perspective is particularly relevant to its small- and mid-cap focus, where business expansion can play an important role in the investment thesis.
Structure Beats Activity
Finavenue's stated philosophy is that a well-defined investment structure is more important than unnecessary activity.
The approach therefore combines defined research criteria, portfolio construction, monitoring and disciplined decision-making rather than frequent trading for its own sake. Separately, investors can review ALTPORT’s investment selection process to understand the framework used to evaluate investment managers, portfolio quality and performance consistency.
Finavenue Growth Fund: Growth, Value and Management Integrity
The investment philosophy can be understood through five key areas.
Growth
The fund seeks companies with the potential for sustained, high growth. The focus is on businesses that can scale over time and potentially benefit from structural changes in their industries.
Value
Finavenue looks for undervalued businesses through detailed analysis of:
- Earnings
- Cash flows
- Assets
- Growth potential
- Business fundamentals
- Valuation
This value-oriented approach is intended to identify opportunities that may not yet have received broad market attention.
Management Integrity
Management quality is an important part of the investment process.
The fund evaluates the credibility, reputation and integrity of promoters and management teams. Understanding how management allocates capital, communicates with stakeholders and executes its strategy helps inform the overall investment thesis.
Strategic Churning
Finavenue monitors changing market conditions and evaluates whether portfolio positions continue to meet the original investment thesis.
Strategic changes to portfolio holdings can therefore be considered when fundamentals, valuations or market conditions change.
Structure & Triggers
The investment framework considers market conditions, profit growth and valuation triggers.
These factors help the team identify points at which an investment thesis may become more attractive or require reassessment.
How Finavenue Growth Fund Manages Risk
The Finavenue Growth Fund combines fundamental analysis with portfolio-level risk management.
Fundamental Analysis
The team examines the financial and operating fundamentals of prospective investments before allocating capital.
This includes evaluating business quality, financial performance, valuation and growth prospects.
Diversification
Portfolio construction considers diversification to reduce excessive dependence on any individual company or opportunity.
Risk-Adjusted Returns
Investment opportunities are assessed not only for potential returns but also for the risks required to achieve them. The fund seeks to balance growth potential with an assessment of downside risks.
Ongoing Monitoring
Portfolio companies continue to be monitored after investment. Changes in business performance, valuations, market conditions and investment assumptions can trigger further analysis or portfolio adjustments.
Antithesis Strategy
The investment process also incorporates an antithesis strategy, where the team challenges its own investment thesis and considers what could go wrong.
This approach can help identify weaknesses in the original thesis before capital is committed or while a position remains in the portfolio.
Finavenue Growth Fund Investment Process: Screening, Research, Risk and Invest
The Finavenue Growth Fund investment process follows four broad stages.
Step 1: Screening
Finavenue begins with a broad universe of companies and screens potential opportunities against its value and growth criteria.
The screening process considers factors such as:
- Debt triggers
- Revenue growth
- Profit-margin expansion
- Turnaround potential
- Business catalysts
- Price-to-book value
- Price-to-earnings ratio
- Market capitalisation-to-revenue
- ROCE
Companies that meet most or all relevant criteria move into deeper research.
Step 2: Research
The team then studies the shortlisted businesses within their respective industries.
Research may include:
- Annual reports
- Conference calls
- Exchange filings
- Investor presentations
- Peer analysis
- Industry research
- Forensic checks
The objective is to develop a detailed understanding of the business, its competitive position and its potential growth trajectory.
Finavenue also looks for opportunities where analyst coverage may be limited and where detailed research can uncover businesses that are not yet widely recognised.
Step 3: Risk & Reward
The next stage focuses on understanding the relationship between potential return and associated risk.
The team evaluates management plans, business processes, industry dynamics and financial projections. Management interactions and financial modelling are used to deepen the risk-reward assessment.
The fund's quant model and Market Matrix Studies, associated with fund manager Abhishek Jaiswal's approach, are also part of the broader analytical framework used to interpret market dynamics.
Step 4: Invest
After the research and risk-reward assessment, capital is allocated to selected opportunities.
Portfolio construction takes into account:
- Diversification
- Liquidity
- Growth at reasonable prices
- Position sizing
- Ongoing monitoring
- Rebalancing
The objective is to construct a portfolio that combines growth opportunities with valuation discipline.
Finavenue Growth Fund: Long-Only and Sector-Agnostic Approach
The Finavenue Category III AIF follows a long-only, sector-agnostic approach.
Long-Only
The strategy focuses on owning selected securities rather than using a long-short framework as its core positioning.
This allows the investment thesis to remain centred on identifying companies whose fundamental value and growth prospects can support long-term appreciation.
Sector-Agnostic
Finavenue does not restrict itself to a single industry.
Instead, the team evaluates opportunities across sectors and looks for businesses that meet its fundamental, valuation and growth criteria.
Small- and Mid-Cap Focus
The fund primarily focuses on small- and mid-cap companies. These businesses can offer opportunities for higher growth as they expand, but they can also carry greater volatility, liquidity and execution risks than larger established companies.
Finavenue Growth Fund Fees and Performance Structure
The stated AIF fees for Finavenue Growth Fund comprise a management fee and a performance-linked component.
| Fee / Performance Parameter | Stated Terms |
| Management Fee | 2% |
| Hurdle Rate | 12% |
| Performance Fee | 20% |
The 12% hurdle rate forms part of the fund's performance-fee structure. It should not be interpreted as a guaranteed or assured return.
Similarly, the 20% performance fee is subject to the applicable fund terms and calculation methodology. Investors should review the relevant fund documents to understand the precise fee and performance-fee mechanism.
Finavenue Growth Fund Performance
The fund reported an absolute return of 217.41% as of 30 June 2025, compared with 67.25% for the CNX Small Cap Index as of the same date.
| Performance Metric | Return | Data As Of |
| Finavenue Growth Fund | 217.41% | 30 June 2025 |
| CNX Small Cap Index | 67.25% | 30 June 2025 |
These figures are historical and should not be interpreted as an indication or assurance of future performance. Current performance information should be assessed using the latest available fund reporting.
Finavenue Growth Fund: Key Investment Considerations
Investors evaluating the fund should consider the following factors together:
| Factor | Details |
| Category | Category III AIF |
| Strategy | Long-only |
| Investment Style | Growth and value investing |
| Sector Approach | Sector-agnostic |
| Primary Market Focus | Small and mid-cap companies |
| Investment Philosophy | Value investing, long-term focus, structure beats activity |
| Management Fee | 2% |
| Hurdle Rate | 12% |
| Performance Fee | 20% |
| Inception | 19 July 2023 |
| AUM | ₹400+ crore |
| Benchmark | CNX Small Cap Index |
The fund's small- and mid-cap orientation can provide exposure to businesses with significant expansion potential, while also exposing investors to higher company-specific and market risks.
Key Risks of the Finavenue Growth Fund
A Category III AIF investing in equities is subject to market and investment risks. The fund's particular strategy creates several factors investors should understand.
Small- and Mid-Cap Risk
Smaller companies can experience greater price volatility, lower trading liquidity and greater sensitivity to economic conditions.
Valuation Risk
A business can have strong fundamentals and still underperform if the price paid for the investment does not adequately reflect its growth prospects.
Market Risk
Equity markets can decline because of macroeconomic conditions, interest rates, geopolitical events, investor sentiment and company-specific developments.
Liquidity Risk
Some small- and mid-cap securities may have lower liquidity than large-cap stocks. This can affect the ability to buy or sell securities efficiently.
Management Risk
Investment outcomes can be affected by promoter quality, corporate governance, capital allocation and management execution.
Concentration and Sector Risk
Although the strategy is sector-agnostic, portfolio exposure can vary based on available opportunities. Specific companies or industries may therefore have a meaningful impact on performance.
Performance Risk
Historical performance, including the reported 217.41% absolute return as of 30 June 2025, does not guarantee future results.
Investors may also review the differences between Category I, II and III AIFs to understand how their strategies, taxation, liquidity and risk characteristics differ.
Stay Updated With ALTPORT
ALTPORT arranges webinars and informative videos covering funds, AMCs, fund managers, launches and market developments. Investors seeking the latest Finavenue Growth Fund factsheet or applicable fund documents can contact ALTPORT.
Disclaimer
Investing in AIFs, PMS, GIFT City products or mutual funds is subject to market risk. Please read the related documents carefully before investing. The Finavenue Growth Fund is a Category III AIF and investments are subject to market, liquidity, valuation, company-specific, sector-specific and other risks. Past performance does not guarantee future results. The reported historical performance of 217.41% as of 30 June 2025 should not be interpreted as an assurance of future returns. The 12% hurdle rate is a component of the applicable performance-fee structure and is not a guaranteed return. Actual portfolios may differ based on account size, investment timing, applicable restrictions, market conditions, economic factors and individual company developments.
ALTPORT does not guarantee any returns to investors and does not take responsibility for the performance of the scheme. Investors should review the latest applicable fund documents and seek independent professional advice wherever appropriate.
Listen to expert conversations and investment insights anytime on Spotify.
Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.
Abhishek Jaiswal
Abhishek brings over seven years of experience in the financial markets and leverages his proprietary Quant Model and Market Matrix Studies to interpret evolving market dynamics with precision. His commitment to staying ahead of industry advancements keeps his approach sharp, informed, and forward-looking. By continually expanding his knowledge base, he integrates fresh insights into Finavenue’s investment process, strengthening the fund’s ability to identify opportunities with discipline and innovation. His analytical depth and adaptability play a key role in shaping strategic, research-driven decision-making at Finavenue, ensuring the investment framework remains robust, modern, and growth-focused.
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Find answers to common questions about fund investments, performance, portfolio strategy, and investor services.
Finavenue Growth Fund follows a long-only, sector-agnostic strategy focused mainly on small- and mid-cap companies with strong growth potential, solid fundamentals, and scalable business models.
The fund looks for businesses with improving earnings, healthy cash flows, credible management teams, and long-term growth opportunities across evolving sectors in India.
The strategy uses diversification, ongoing portfolio monitoring, forensic analysis, and detailed risk-reward evaluation to manage volatility and protect investor capital.
The fund charges a 2% management fee, a 12% hurdle rate, and a 20% performance fee on gains above the hurdle.
Yes. The fund is designed for investors seeking long-term capital appreciation through disciplined investing in high-growth businesses with sustainable expansion potential.
The Finavenue Growth Fund follows a long-only and sector-agnostic strategy with a focus on small- and mid-cap companies. Its investment philosophy combines value investing with a long-term focus and the principle that “Structure Beats Activity.” The fund also emphasises detailed fundamental research, forensic checks, management assessment, valuation discipline and risk-reward analysis. Its approach seeks to identify businesses that may be undervalued or under-researched rather than relying solely on broad market trends.
The fund may be relevant for investors seeking exposure to a long-only Category III AIF focused on small- and mid-cap growth opportunities and who understand the associated market, liquidity and volatility risks. The strategy is designed around long-term investing, value analysis and growth at reasonable prices. Investors should assess their own investment horizon, risk tolerance, liquidity requirements and financial circumstances before investing.
Finavenue uses multiple layers of risk evaluation, including fundamental analysis, diversification, ongoing monitoring, risk-reward assessment and an antithesis strategy. The team also conducts detailed research, forensic checks and management interactions. Portfolio positions can be reassessed as company fundamentals, valuations or market conditions change.
The stated fee structure includes a 2% management fee, 12% hurdle rate and 20% performance fee. The hurdle rate is part of the performance-fee framework and does not represent an assured return. Investors should refer to the applicable fund documents for the detailed fee calculation, terms and conditions.
The investment process has four stages: Screening, Research, Risk & Reward, and Invest. The team first screens companies based on valuation, growth and fundamental criteria. It then performs detailed research using financial reports, filings, peer analysis and forensic checks. The next stage evaluates management, business risks and potential rewards before capital is allocated through a diversified and actively monitored portfolio.
The fund primarily focuses on small- and mid-cap companies with strong fundamentals, growth potential and credible management. Finavenue follows a sector-agnostic approach, meaning it can evaluate businesses across different industries rather than limiting the portfolio to one sector. The team also looks for undervalued or under-researched companies where detailed research can uncover potential opportunities.
As of 30 June 2025, the Finavenue Growth Fund reported an absolute return of 217.41%, while the CNX Small Cap Index reported 67.25% over the stated period. These are historical figures and should not be viewed as a prediction or guarantee of future performance.
The fund combines value investing, long-term focus and structured research. Its approach seeks companies with growth potential while assessing valuation, earnings, cash flows, assets, management quality and competitive advantages. The investment process is supported by screening, detailed research, risk-reward analysis and disciplined portfolio construction.
Finavenue primarily evaluates small- and mid-cap companies with strong fundamentals, credible management, scalable business models and long-term growth potential. The fund is sector-agnostic and can identify opportunities across different industries based on its research and valuation framework.
Risk is assessed through fundamental analysis, diversification, ongoing monitoring, forensic checks, financial modelling and the antithesis strategy. The team also evaluates management quality, valuation and business-specific factors before allocating capital.
The stated fee structure includes a 2% management fee, 12% hurdle rate and 20% performance fee. The detailed application of these charges is governed by the applicable fund terms.
The fund's investment philosophy is explicitly built around a long-term focus and investing in businesses with sustained growth potential. However, suitability depends on an investor's individual circumstances. Investors should consider their risk tolerance, investment horizon, liquidity requirements and ability to withstand equity-market volatility before investing.
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