The Prudent Equity ACE Fund, launched on December 16, 2022, has achieved a 66.5% return in the past year, outpacing the S&P BSE 500’s 39.5%. Since inception, it has delivered a 65% return. This category III alternative investment fund focuses on high-potential companies, utilizing a bottom-up investment strategy. The portfolio includes 40% mid-cap, 35% small-cap, and 19% large-cap stocks, with 6% in cash. Investors can choose between variable and fixed fee structures. The fund allows withdrawals after one year and targets high-net-worth individuals with a minimum investment of ₹1 crore.