The ASK Hedge Solutions team represents the asset management division within the ASK Asset Management & Wealth Group. This team is spearheaded by hedge fund veterans, Vaibhav Sanghavi (CEO) and Piyush Shah (CIO), who have a combined experience of 18 years in the industry. They are recognized for pioneering the “Category III Long-Short Alternative Investment Fund (AIF)” in India, demonstrating extensive knowledge in the Long-Short space. At ASK, the team is committed to offering Hedge solutions across various platforms, with a focus on delivering “Risk-adjusted Returns”.
The team’s diverse experience spans fundamental and technical research, derivatives, and trading. They have a proven track record of delivering positive absolute returns with low volatility in a variety of market scenarios. Their strategic management structure has earned significant recognition on both domestic and global platforms
Our Funds

ASK Absolute Return Fund
Our flagship product – ASK Absolute Return Fund endeavours to deliver absolute returns over medium term with lower degree of volatility compared to broader Indian equity indices. The fund is positioned as a fixed income alternative with an aim to deliver consistent risk adjusted returns with a net alpha of 100-150 bps (net of fees and tax) over liquid fixed income alternatives from a 12+ month investment horizon.
Investment Philosophy
Experience
The investment team led by hedge fund veterans, Vaibhav Sanghavi (CEO) and Piyush Shah (CIO) have a vintage of 17 years, with an extensive experience, specializing in Long-Short strategies.
Innovation
The team pioneered the India’s first AIF Category III Long-Short Fund, emphasizing on capital preservation with risk-adjusted returns.
Consistent Performance
Our track record demonstrates positive returns with low volatility across most market scenarios.
Recognised Excellence
The team in their journey have received multiple awards in the hedge fund space on global platforms.