Ashika India Select Fund Makes Headlines: Among Top Long-Only AIFs in June 2025

Amid a competitive month for alternative investment funds (AIFs), the Ashika India Select Fund stood out with its strong, performance-driven momentum.

According to PMSBazaar’s June 2025 rankings, Ashika’s flagship fund not only claimed the 2nd position among all open-ended Category III Long-Only AIFs but also achieved an impressive 4th place in the broader composite category that includes both closed and open-ended strategies.

Gross returns post expenses and taxes as per category norms.

Source: pmsbazaar

Key Highlights of Ashika’s Success

• June 2025 Return: 7.08%
• This performance nearly doubled the peer group’s average (3.75%) and substantially beat the BSE 500 TRI (3.68%) and Nifty 50 TRI (3.37%).

What Sets the Fund Apart?

• High-Conviction Strategy: The fund’s focus on select growth sectors and a disciplined buy-and-hold approach were pivotal in matching rapid market movements.
• Riding Market Trends: Ashika capitalised on the mid- and small-cap sectors, contributors to outperformance for top funds in June 2025.
• Skilful Navigation: The ability to outperform the broad benchmarks and most peers reveals strategic prowess and robust stock selection.

Leadership in Long-Only Category III AIFs

Category III Long-Only AIFs are tailored for investors aiming for equity-driven growth without hedging strategies. Ashika’s superior returns, driven by full market participation, spotlight its approach as both bold and effective, which is ideal for growth-orientated investors seeking consistent outperformance.

What’s Behind the Fund’s Momentum?

Several factors contributed to Ashika’s success:

• Market Breadth: Broader market participation in June, especially in smaller companies, benefitted high-conviction, equity-focused funds.
• Sectoral Focus: The fund’s selective sectoral bets paid off as cyclicals and new economy stocks showed strength.
• Risk-Reward Balance: By maintaining concentrated positions, Ashika was able to capture more upside in favourable months while adhering to prudent risk management.

The Road Ahead

For both existing investors and those evaluating entry into India’s alternative investment landscape, Ashika India Select Fund’s June 2025 performance is a signal to watch.

With robust management and a clear equity focus, Ashika stands out for its ability to seize market opportunity while competing shoulder to shoulder with the best in the industry.