Fund Snapshot
| Particulars | Details |
|---|---|
| PMS Provider | AVERRA Asset Managers LLP |
| Strategy Name | Long Term Growth at Fair Value |
| Asset Class | Equity |
| Benchmark | BSE 500 TRI |
| Date of Inception | 14 January 2026 |
| Track Record Age | 4 Months |
| Assets Under Management (AUM) | ₹31.98 Crore |
| Minimum Investment | ₹50 Lakh |
| Fixed Fee Structure | Not Available |
| Variable Fee Structure | Not Available |
| Exit Load | Not Available |
| Fund Manager | Aarsh Rakesh Desai |
| Investment Objective | To achieve long-term capital appreciation and maximize risk-adjusted returns through investments in listed Indian equities while maintaining valuation discipline and a focus on opportunity cost of capital. |
Fund Purpose
The goal of the investment strategy is to seek long-term capital appreciation by maximizing risk-adjusted returns by investing in listed equities in India. While the goal is to outperform the benchmark consistently, our adoption of a hurdle rate (10% per annum) ensures discipline in being cognizant of opportunity cost of capital and treating it judicially at all times across market cycles. Despite best efforts, achieving the objectives of each strategy cannot be guaranteed. There are no assured returns offered under these services.
Fund Philosophy
Risk-Adjusted Returns
The fund actively seeks long-term capital appreciation by building a portfolio tailored to maximize returns relative to the risks taken. Every position is weighted based on its risk reward profile rather than momentum.
Focus on Listed Equities
The strategy remains highly focused on public markets, investing strictly within listed equities in India. This focus ensures portfolio liquidity, strong regulatory transparency, and structural governance compliance across chosen sectors.
The Hurdle Rate Discipline
A core differentiator is the implementation of a 10% per annum internal hurdle rate. This baseline ensures the research team remains deeply aware of capital opportunity costs and prevents chasing overpriced speculative assets.
Judicial Capital Allocation
Capital is treated as a scarce and valuable resource across all phases of the market cycle. By maintaining strict entry valuations, the strategy ensures that capital is deployed judicially without succumbing to short-term panic or euphoria.
The MTV Framework
Businesses are vetted using a strict Moat, Trigger, and Value assessment protocol. The fund prioritizes buying structurally protected companies with visible growth catalysts, but only when they trade at fundamentally fair market prices.
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AVERRA ASSET MANAGERS LLP-LONG TERM GROWTH AT FAIR VALUE
Benchmark: BSE 500 TRI
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Review and compare fund returns against benchmark performance across different investment periods in a detailed tabular format.
AVERRA ASSET MANAGERS LLP
| AUM(Cr.) | 1M | 3M | 6M | 1Y | 2Y | 3Y | 4Y | 5Y | Ince. | |
| Performance | ₹58.93 | 8.35 | 23.69 | 45.38 | NA | NA | NA | NA | NA | 41.10 |
| Benchmark | NA | -0.09 | 3.86 | 1.43 | NA | NA | NA | NA | NA | 0.20 |
Learn about the experienced fund managers responsible for investment decisions, portfolio strategy, and long-term fund performance.
Aarsh Rakesh Desai
Aarsh Rakesh Desai is the Founder & CIO, and Fund Manager handling the portfolio construction for Averra Asset Managers LLP. Equipped with qualified credentials that meet strict regulatory benchmarks, Aarsh brings deep research expertise and transactional financial experience to the firm. He directly oversees the risk management protocols, fundamental equity research operations, and the judicial execution of the firm's core long-term growth strategy.
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AVERRA Long Term Growth at Fair Value aims to generate long-term capital appreciation by investing in listed Indian equities while maximizing risk-adjusted returns through disciplined stock selection and valuation-focused investing.
AVERRA Long Term Growth at Fair Value follows a strategy of investing in businesses with strong long-term growth potential while ensuring that investments are made at reasonable valuations rather than paying excessive premiums for growth.
AVERRA Long Term Growth at Fair Value incorporates a 10% annual hurdle rate to maintain capital allocation discipline and ensure that investment decisions adequately account for the opportunity cost of capital.
AVERRA Long Term Growth at Fair Value uses the BSE 500 TRI as its benchmark and aims to consistently outperform it over the long term through active stock selection.
AVERRA Long Term Growth at Fair Value may be suitable for investors seeking long-term wealth creation through a research-driven equity strategy that emphasizes quality businesses, valuation discipline, and superior risk-adjusted returns.
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