Curated by Indus Group, MVF - Minerva Indus QRAC is a USD-denominated, market-neutral quantitative hedge fund designed to capture India’s volatility alpha through proprietary, multi-style algorithms. Targeting 30-40 % CAGR with a Sharpe ratio above 2.5 and drawdowns below 10 %, the strategy combines systematic precision, liquidity, and disciplined risk management. Domiciled in Mauritius (FSC regulated, FPI Category I), it offers global investors uncorrelated USD returns underpinned by institutional-grade governance and independent oversight.
Mauritius-domiciled | FSC regulated | FPI Category I
Systematic multi-strategy execution with layered risk controls
Institutional-grade governance, custody and audit infrastructure
Optional USD-INR hedging through SGX / DGCX futures
MVF - Minerva Indus QRAC is the flagship quantitative strategy of Indus Group, engineered to generate absolute and de-correlated returns from India's equity derivatives market. The fund leverages Greeks-based models and machine-learning overlays to extract systematic alpha from liquid index and single-stock options across NSE and BSE. It maintains strict drawdown discipline through real-time monitoring and adaptive risk scaling.
Jurisdiction / Regulator : Mauritius / Financial Services Commission
Asset Focus : Equity Derivatives (NSE / BSE with optional USD-INR hedging on SGX or DGCX)
Execution : Fully automated, non-discretionary, multi-style engine
Investor Profile : Family Offices, Funds of Funds, Institutions, Private Banks
MVF employs a multi-strategy quantitative framework to capture India's volatility premium while minimizing directional exposure. Each model is driven by market microstructure analysis and is continuously optimized for risk-adjusted efficiency.
Deliver consistent high-Sharpe, low-volatility returns with asymmetric risk-reward.
2025 YTD: (Sharpe 1.9) vs Nifty +4.1%
2024: Outperformed long‑only benchmarks by ~20%
CAGR (Sharpe ~2.5) in 2020–23 – Only one negative quarter in four years
Success Ratio, & Max drawdown 5–6%; Average monthly drawdown ~2%;
The Insights section publishes quarterly notes on India's volatility market structure, quantitative innovation, and risk management methodologies. Content focuses on technical themes and global investor perspectives, consistent with best-practice communication standards followed by top hedge funds worldwide.
Combined leadership brings over 100 years of multi-asset and quantitative experience, aligning global fund governance with alpha innovation.
Founder & Managing Director | Indus Group
Chief Investment Officer | Stanford | CFA / FRM / CAIA
Chief Mentor |
35 years in global finance and institutional strategy
Head of Quantitative Analytics & Derivatives
Investment Consultant & Capital Advisory Lead
Strategic Advisor | Infrastructure & Institutional Governance
+971 50 595 0437
+91 93135 53336
Access restricted to qualified investors. Includes
MVF manages private investment products not offered to the general public. No public
solicitation or distribution is permitted. Any unauthorized promotion or
representation should be reported immediately.
All information on this site is for informational purposes only and does not
constitute an offer to sell or a solicitation to buy any security. Investments in
MVF are offered solely through confidential documents to qualified investors and are
subject to eligibility criteria and jurisdictional laws.
Performance Disclaimer: Past performance is not indicative of
future results.
Returns may fluctuate; investors could lose all or a substantial portion of their
capital. Performance figures are net of fees unless stated otherwise.
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Minerva Indus QRAC is a USD-denominated, market-neutral quantitative hedge fund focused on Indian equity derivatives. High yield, low risk, Mauritius regulated, institutional grade.