Undiscovered India Opportunity Fund - 2

Nippon Life India AIF Management Ltd.
Fund profile
About the Fund
Undiscovered India Opportunity Fund 2 follows a Small, Mid & Micro (SMIM) strategy focused on under-researched Indian businesses and long-term wealth creation. It looks across deep value, re-rating, turnaround, business-cycle and corporate-event opportunities using the "MUST FIVE" quality framework. Bottom-up stock selection and valuation discipline aim to identify future market leaders and long-term compounding with asymmetric return potential.
Source: About the Fund PDF.
Key metrics
AUM
₹1,500 Cr
Minimum investment
₹1 Cr
Commitment period
18 months
Portfolio size
40-60
Top 10 weight
38.52%
Tenure
7 yrs
Source-verified detail
Key Information
Fund manager
Rahul Veera
Investment manager
Nippon Life India AIF Management Ltd.
SEBI category
Category 3
Strategy
Equity
Benchmark
Nifty Smallcap 50
Management fee
2.5%
Green shoe option
₹500 Cr
Initial drawdown
25% of the Capital Commitment
Status
Active
Data as of
30 Jun 2026
Source: Fact sheet / official materials provided by Nippon Life India AIF Management Ltd..
Disclosed figures
Holdings Allocation
Holdings Allocation
Source: Fact sheet / official materials provided by Nippon Life India AIF Management Ltd..
Nippon Life India AIF Management Ltd.
About the Fund Manager
Rahul Veera
Fund Manager – Equity, Nippon Life India AIF
Has 17 years of experience in equity research and fund management covering BFSI, capital goods, pharma, chemicals, consumer goods and building materials. Previously worked with Abakkus Asset Managers, Morgan Stanley, Edelweiss and Elara Capital. B.Com, H.R. College; MBA, Swansea University; Executive Programme in Finance, IIM Calcutta.
- Experience
- 17 years
- Qualification
- B.Com, H.R. College
- Qualification
- MBA, Swansea University
Request / Enquiry

