The Nifty 50 posted a healthy benefit of more than 6% in March, but a few managed to deliver more than double AIFS, with the attention of high-net-worth investors in search of alpha beyond the equity listed.
Data tracked by PMSBAR.com showed that 116 AIF funds in the category made a positive return in March 2025.
Notes: Each plan can have a different benchmark. The Nifty is used as a reference.
The top spot in the chart, the Alpha Fund of the Synchronous Capital, the long -only strategy of the Category III, got the impressive 15.22% return for March – clearly extended the market, investing in equity.
Vrovi Asset Management received a significant month with two debt funds in the top four: the emerging corporate bond fund returned 14.54%, which leads the pack in the category II – Debt segment. With an AU worth Rs 820 crore, the high -yielding funds benefited from strategic plays in corporate credit.
Alpha debt fund – Supported by Active Credit Selection and Duration Management, by posting 11.79%, enhanced also impressed.
IFMR Fimp Long Term Credit Fund, run by Northern Arc Investment Managers, received a strong return of 12.56% in March, reflecting investors’ appetite resurrection for structured credit and long -term fixed income opportunities.
With the AUM of 197.49 CR, the performance of the fund shows the growing traction in the private credit space.

March 2025 was a beneficial month in asset categories. When equity benefited from a strong Nifty rally, selected debt-oriented AIFS, showed their ability to produce alpha in a rising rate environment.
Also Read: PMS Tracker FY 25: 18 Funds up up to 54%, worst artists shed more than 27%
Category II Debt Funding:
Alternative Investment Fund (AIF) Category II funds in space generally invest in a mixture of equity, debt or other securities without benefit. These funds include private equity funds, debt funds, funds of funds and other similar funds.
With the traction of the macroeconomic uncertainties in the debt market, high -yielding corporate credit and focusing on structured finance are likely to be in favor of funding.
March 2025 Credit-oriented Category II proved to be a beneficial month for alternative investment funds (AIF), with many funds being strong short-term returns.
Vrivity Asset Management emerged as a clear leader, which dominates the exhibition chart in multiple Eings furings. While most of the Debt funds posted impressive benefits, the SME-centered segment saw a significant leg, with disruption to the influence in the AIF category.
Category III Exhibition:
Category III AIF is often focused on other sophisticated investment strategies listed or unnoticed for short -term trade, arbitrage opportunities and high returns.
Category III Alternative Investment Fund (AIF) invests in debt funds listed or in unlikely securities, debt equipment and other financial instruments.
Category III – AIF has long made a strong return in March 2025, supported by a strong equity market rally.
The Pack received 15.22% return to the Alpha Fund of Symntie Capital, while installed players like Motilal Oswal and Alkemi Capital also posted a double-digit benefit.
In addition to the standout display of the Symnty Capital, many other categories III – only long funds made strong returns in March 2025.
Napian Capital’s long-term opportunities fund II posted a solid return of 11.69%, reflecting a strong stock selection in the middle-cap and growth segment.
The founders of Motilal Oswal are influenced by the fund range 1 11.01% gain, which is driven by bats concentrated on high-love ideas.
The main emerging leaders of tomorrow’s Alchemy Capital joined the double-digit club with 10.10% compensation, tapping 10.95% and the Carnelian Amritkal Fund in India’s structural growth opportunities.
(Connection: The recommendations, suggestions, views and views of the experts are their own. This does not represent opinions of economic time)
(Now you can subscribe to our Etmarkets WhatsApp channel)