Trust Group launches its 2nd scheme under Athena Investments

Mumbai, May 06 Athena Investments has launched their second scheme “Athena Enhanced Equity Fund (EEF)” on Thursday.

EEF is an open-ended long-only equity AIF. This AIF is focused on improving equity returns by using a core-satellite approach to investing. The core portfolio shall comprise of high pedigree secular growth businesses which have pristine financials and shareholder focused managements to generate consistent compounding returns.

The objective of this fund is to generate an alpha of ~3% over the long only equity portfolio. The investment universe of EEF is the top 200 listed companies by market-capitalization.

The fund aims to raise capital from resident and non-resident Indians, high net worth individuals (HNIs), banks, accredited investors, corporates and trusts.

Vineet Bagri, CEO, manage Athena Investments AIF said, “The EEF is our second offering which helps clients invest into a long-term portfolio of high quality companies whilst using proprietary strategies in the F&O space to generate an alpha. We believe that this will bring a differentiated alternative to listed equity investments and products to investors. We are planning to raise ₹ 1,000 crores in the first year.”