New flexi-cap fund targets superior risk-adjusted returns with multi-advisor strategy and strong benchmark-beating debut
Mumbai, May 18, 2026: Ro Fund Management Pvt. Ltd. has officially launched the Ro Stars of India Fund, a SEBI-registered Category III Alternative Investment Fund (AIF) designed to generate superior risk-adjusted returns through a differentiated high-alpha investment model backed by disciplined risk management.
Demonstrating strong early traction, the fund has already outperformed benchmark indices within its very first month of operations, reflecting investor confidence in its carefully structured strategy.
A Curated Flexi-Cap Portfolio Built For High Conviction
The Ro Stars of India Fund follows a concentrated flexi-cap strategy with a portfolio of 32 high-conviction stocks. Unlike traditional funds that depend solely on an internal centralized team, this fund adopts a distinctive multi-advisor, multi-strategy framework, collaborating with specialist managers who each bring 15 to 20 years of expertise across specific market-cap segments. This approach is designed to capture opportunities across India’s full economic growth spectrum while maintaining focused stock selection.
Rohit Aggarwal Shares Vision Behind The Fund
Rohit Aggarwal, Founder and Chief Investment Officer of Ro Fund Management Pvt. Ltd., said, “After more than three decades of working in Indian equities, both in the US and here at home, I’m delighted to share that we have officially launched our AIF, the Ro Stars of India Fund.”
He further added that the fund has been built with a long-term objective of delivering consistent, quality alpha while protecting downside risk. By combining specialist segment-focused managers with structured arbitrage and F&O strategies, the platform aims to navigate fragmented markets more effectively than broad-based generalist strategies.
Dual-Engine Strategy Balances Growth With Stability
A standout feature of the fund is its innovative Dual-Engine approach, which combines high-growth equity investments with downside-protection strategies. While the equity portfolio is aggressively positioned in sectors such as BFSI (19.29%) and Industrials/Capital Goods (19.23%), approximately 16.42% is allocated to government securities and arbitrage strategies to reduce volatility during market corrections.
This balancing mechanism is designed to smoothen returns for long-term investors by countering equity drawdowns while still maximizing growth potential.
Focus On ‘Make In India’ And Financial Discipline
As Indian markets transition into a valuation-conscious phase, the portfolio is strategically tilted toward businesses demonstrating operational efficiency and low leverage. With a Portfolio Debt-to-Equity ratio of just 0.26, the fund emphasizes financially disciplined companies.
Key holdings currently include:
- Solar Industries India Ltd. (6.22%)
- Data Patterns (India) Ltd. (5.43%)
- ICICI Prudential AMC Ltd. (5.15%)
These investments reflect the fund’s preference for high-conviction, growth-oriented “Make in India” opportunities.
End-To-End Investment Lifecycle Management
Ro Fund Management positions itself as a comprehensive investment solutions platform, overseeing the complete investment lifecycle — from asset allocation and specialist manager selection to rigorous stock monitoring and risk controls. This holistic structure is designed to prioritize real growth creation over passive index tracking.
About Ro Fund Management
Mumbai-based Ro Fund Management Pvt. Ltd. specializes in alternative investment strategies tailored for modern market conditions. Founder Rohit Aggarwal brings more than 30 years of global investment expertise, including senior leadership roles at Oppenheimer & Co. and RAS Capital in New York, adding significant institutional credibility to the platform.
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