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Public markets (Cat III) · SEBI registry

ASK Alternate Investment Fund

Public markets (listed) · Public markets (listed equity) · Mumbai

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At a glance

Stage focus
Public markets (listed)
City
Mumbai
HQ / office
Worli, Mumbai (Birla Aurora, Dr Annie Besant Road)
Fund registered
2023
Corpus (as reported)
ASK Investment Managers group: Rs 15,000 crore+ AUM (firm-wide, as of May 2026)
LinkedIn
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About

Cat III AIF of ASK Investment Managers (ASKIM), flagship of the ASK Asset & Wealth Management Group and one of India's largest discretionary equity PMS houses. The Cat III platform runs long-short/absolute-return and long-only listed-equity strategies (hedge solutions led by Vaibhav Sanghavi and Piyush Shah).

Investment focus

Listed Indian equities — Cat III long/short (absolute return) hedge strategy using derivatives; also runs long-only Cat III equity AIFs. NOT startup/early-stage VC.

SEBI registration

SEBI AIF Category III — reported as “Cat III

  • IN/AIF3/23-24/1417

SIDBI Fund of Funds

None found — ASK Group is a Blackstone portfolio company (majority stake); HNI/UHNI-focused, no evidence of SIDBI FFS or govt LP

Team & organisation

SEBI Category III AIF managed by ASK Investment Managers Limited (company-managed, multi-strategy AMC; part of Blackstone-owned ASK Asset & Wealth Management Group)

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Frequently asked

What does ASK Alternate Investment Fund invest in?
Listed Indian equities — Cat III long/short (absolute return) hedge strategy using derivatives; also runs long-only Cat III equity AIFs. NOT startup/early-stage VC.
How do I pitch ASK Alternate Investment Fund through iHub India?
Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.

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About this record

  • hedge (Cat III) — listed-equity long/short fund, NOT startup VC

Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.

Sources: https://www.askfinancials.com/ask-investment-managers/contact-us/; https://www.askfinancials.com/ask-investment-managers/alternate-investment-funds/