SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • Vivriti Alt ASK Investment Managers launches special opportunities fund

    ASK Investment Managers launches special opportunities fund

    The fund targets to raise Rs.1000 crore with a minimum investment amount of Rs.50 lakh.
    Team Cafemutual May 22, 2025

    Listen to this article

    Blackstone-backed ASK Investment Managers has launched a new equity PMS strategy – ASK Special Opportunities Portfolio, which will focus on value investment opportunities in today’s volatile times.

    This fund will invest predominantly in stocks that present special investment opportunities and capitalize on the market conditions.

    The subscription window for the proposed fund will close if any of these conditions is fulfilled;

    • End of fundraising window on 31 July 2025, or
    • Total assets raised reach Rs. 1000 crore, or
    • At the discretion of the Portfolio Manager, provided the market valuations become unfavourable or if the incremental investment opportunity diminishes

    The minimum ticket size for the fund is Rs.50 lakh. BSE 500 Total Return Index (TRI) is the benchmark of the PMS.

    ASK, in a press release, said that the strategy of the portfolio is market-cap agnostic and will typically comprise 15 to 30 stocks. Further, no single stock can exceed 10% of the portfolio.

    Interestingly, the fund intends to return capital to investors upon the occurrence of any of the following three conditions at the discretion of the Portfolio Manager:

    • Completion of 4 to 5 years of portfolio tenure
    • Doubling of the portfolio value
    • At the discretion of the Portfolio Manager, in situations where factors such as sharp valuation escalations, diminishing return potential, or evolving market conditions indicate that returning capital would be in the best interest of investors

    George Heber Joseph, CIO & CEO (Equity), ASK Investment Managers, said, “The current market offering many value investing opportunities, where the companies have a sound track record, proven management credentials and have good growth prospects. As market volatility increases, we believe ASK Special Opportunities Portfolio will be an ideal fit for investors looking to create wealth with a horizon of 4-5 years.”

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    1
    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    1 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.
    Cafemutual is an independent media platform and focuses on providing knowledge and information for the benefit of finance professionals. We do not promote any particular brand or asset category.