Capitalmind launches its first AIF, aims for Rs 500 crore in one year

Capitalmind's Select India One Fund, targeting Rs 500 crore in a year with Rs 1-crore minimum, holds 20-40 stocks. Major allocations: 44.37% in industrials, 15.16% in consumer cyclicals, 13.6% in non-energy materials, 9.47% in healthcare. Using systematic hedging and rule-based strategies, it focuses on less understood markets. CEO Deepak Shenoy notes a 28.