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Public markets (Cat III) · SEBI registry

Trustline Deep Alpha AIF

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

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At a glance

Stage focus
Public markets (listed)
City
Mumbai
HQ / office
Chennai, Tamil Nadu (registered/trustee via Vistra ITCL, BKC Mumbai)
Fund registered
2018
Corpus (as reported)
Intrinsic Deep Alpha AIF-II first close Rs.175 cr (June 2025, vs Rs.150 cr target); TrustLine Holdings manages Rs.350+ cr across products
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About

Chennai-based equity research and asset management firm (TrustLine Holdings Pvt Ltd, founded 2004) led by ArunaGiri N; runs the Intrinsic Deep Alpha AIF series, a SEBI Category III AIF focused on under-researched micro/small-cap listed equities. Note: registry fund name 'Trustline Deep Alpha AIF' is marketed on-site as 'Intrinsic Deep Alpha AIF'.

Investment focus

Listed-equity long-only/long-short — predominantly micro & small-cap (sub-Rs.2000cr market cap), PE-style early-stage investing in the listed space; deep-value bottom-up stock selection

SEBI registration

SEBI AIF Category III — reported as “Cat III

  • IN/AIF3/18-19/0580

SIDBI Fund of Funds

None found

Team & organisation

Category III AIF (SEBI Reg. IN/AIF3/18-19/0580) — Trustline Intrinsic Deep Alpha Fund series, managed by Trustline group (Trustline Holdings Pvt Ltd; PMS INP000002254). Multi-scheme structure (Fund I closed, Fund II live).

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Frequently asked

What does Trustline Deep Alpha AIF invest in?
Listed-equity long-only/long-short — predominantly micro & small-cap (sub-Rs.2000cr market cap), PE-style early-stage investing in the listed space; deep-value bottom-up stock selection
How do I pitch Trustline Deep Alpha AIF through iHub India?
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About this record

  • PE/hedge (Cat III) — listed-equity long-short / micro-cap public-market 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://trustlineindia.com; https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=16