

Steptrade Revolution Fund – Series 2,is a new AIF launched by Steptrade Capital in Jun -25. The investment activitywill begin from Jul-25. The fund is open for new investors, and any investors joining now will get the unit allocation at the base NAV of 100Rs. Investors can start with 20% of the commitment and will get 1 year to invest the remaining 80%
Fund Snapshot
| Fund Name | Steptrade Revolution Fund |
| Lock – In period | 36 Months from the date offinal closing |
| Hurdle Rate | 12% P.A |
| Performance Fee (No Catch Up) | 20% over and above the hurdle rate of 12% (Charged atthe end ofthe performance period) |
| Operating Expenses | At actuals, capped at 0.25% per annum ofthe average daily NAV |
| Redemption | Post the Lock-in Period,the Contributor has the rightto exit(eitherfully or partly) from theFund |
| Custodian | ICICI Bank, Nariman point, Mumbai |
| Registered Transfer Agent | CAMS (Computer Age Management Services) |
| Trustee | Orbis Trusteeship |
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About Fund Manager
Step trade's fund allocation
25% – Allocated for Pre- IPO investments
40% – Allocated for anchor investments in IPOs
35% – Allocated for QIB investments in IPOs
Steptrade Revolution Fund – Series 1
Launch Date – Mar-24
Current NAV (As on 25th Jun’ 25) – ₹129.6851
Base NAV – ₹100.00
XIRR – 22.01%
AUM – ₹151.01Cr
Chanakya Opportunities Fund – Series 1
Launch Date – Jun-23
Current NAV (As on 25th Jun’ 25) – ₹18.45
Base NAV – ₹10.00
XIRR – 36.27%
AUM – ₹139.06Cr
Fund Overview
Performance fees illustration:
Assuming, fund delivers 30% returns, the performance fee will be calculated as follows:
Returns delivered – 30%
Hurdle Rate – 12%
Returns eligible for performance fees – 18%
Returns eligible for performance fees – 18%
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