AIF Tracker: Top 5 funds which rose 40-100% in 2024; Finavenue Growth Fund doubles wealth for crorepati investors

January 18, 2025

PMSBazaar.com reported stellar 2024 performances in Alternative Investment Funds (AIF). Finavenue Growth Fund led with 132% returns, followed by Negen Undiscovered Value Fund (57%), and Carnelian Asset’s Structural Shift Fund (47%).

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Despite volatile markets, several stocks delivered exceptional returns, with 13 companies gaining 70–200% in three months. HFCL led the rally, while broader market strength created

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Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore

Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment

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