At Alchemy, capital management is an amalgam of an idea, a passion and a conviction. It is the confluence of expertise, experience and discipline. Alchemy Capital Management is focused on sustainable wealth creation for the long term. We seek to achieve this by harnessing Conviction (derived from primary research) and Patience (derived from disciplined asset allocation).

At Alchemy, we believe EQUITY is a superior asset class for the coming decade, as it was in the last decade. Alchemy Capital Management is structured to cater to select wealthy families and to advise select committed institutions.

Growth at reasonable price
Alchemy’s investment philosophy is “Growth at reasonable price”. This approach is rooted in the hypothesis that India is a high growth economy and that the best way to benefit is to identify and invest in companies that are best equipped to take advantage of the emerging domestic and global opportunities.

Invest for long term
At Alchemy, we evaluate stocks primarily from a long-term investment perspective as it serves the twin objectives of reducing the impact of short-term volatility and help capture a substantial part of the value accretion during the life cycle of a growth stock. Compounding is at the heart of wealth creation. Seeding the appropriate investment ideas and watching them grow into realising full value is what our passion is. We do not trade in and out of investments to capture short-term volatility.

Avoid institutional imperatives
Diversification as a way of risk-management appears more academic than real to us in an active investing strategy. We believe that mere diversification does not reduce risk. Risk arises out of doing something that you do not know or understand. A typical portfolio constructed by us has anywhere between 15-20 stocks such that stock-selection can have a meaningful and noteworthy effect on overall portfolio risk-return profile. We avoid taking fringe bets. Our investment style involves identifying individual bottom-up investment opportunities which are more secular in nature. We are strongly focused on capital protection and absolute returns as opposed to benchmark/relative weight investing.