StepTrade Revolution Fund Surpasses Rs. 100 Crore AUM Within Six Months

Date:

Ahmedabad, August 27, 2024 StepTrade Revolution Fund, a focused investment fund dedicated to providing Qualified Institutional Buyers (QIBs) and Anchor Investment Opportunities with exposure to SME and Microcap segments, has achieved a significant milestone by surpassing Rs. 100 crore in Assets Under Management (AUM) within just six months of filing its First Closing.


Launched in March 2024 with a base NAV of Rs. 100 and an initial capital commitment of Rs. 22 crore, the fund has demonstrated remarkable growth, driven by its strategic investment approach and strong performance. As of today, the fund’s NAV has appreciated to almost Rs.130, representing a gain of approximately 75%.

The success of StepTrade Revolution Fund can be attributed to the expertise and dedication of its young and dynamic fund management team, led by CA Kresha Gupta and Ankush Jain, CFA. Their combined experience and strategic insights have enabled the fund to identify and capitalize on promising investment opportunities within the SME and Microcap space.

“We are thrilled to announce that StepTrade Revolution Fund has surpassed Rs. 100 crore in AUM within such a short period,” said CA Kresha Gupta, Director and Fund Manager. “This achievement is a testament to the confidence and support of our investors, as well as the hard work and dedication of our team. We remain committed to delivering consistent returns and providing our investors with access to high-quality investment opportunities.”

StepTrade Revolution Fund continues to actively seek out undervalued and growth-oriented companies in the SME and Microcap sectors. The fund’s investment strategy is focused on generating long-term capital appreciation through a combination of fundamental analysis, valuation modeling, and risk management.

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