Alchemy Smart Alpha 250 Fund – AIF CAT-III

Investment Objective & Strategy

The investment objective of the Fund is to carry on the activities of a Category III AIF as permissible under the Regulations and generate long term capital appreciation by investing in opportunities such as (i) investing a minimum of 65% of the NAV of the Fund in listed equity instruments of large & mid cap Portfolio Companies in India (ii) a maximum of 10% of the NAV in IPO opportunities or any other instruments permitted under Applicable Laws. Provided that the above limits shall not be applicable during the initial period of portfolio construction which shall not exceed a period of six months.

The investment strategy for the Fund aims to generate long term capital appreciation by investing in opportunities that include (i) investing in listed equity instruments of Portfolio Companies in India, (ii) IPO opportunities or any other instruments allowed under Applicable Laws. The investment strategy for the Fund will be focused on large and mid-caps. The Fund has been set up for the purpose of investing primarily in equity instruments listed on Indian stocks of Portfolio Companies in India.

Investment Framework

The Investment Manager follows its proprietary framework in order to identify various investment opportunities. The proprietary framework is eQGP Framework: (e; Environment: Q; Quality: G; Growth :P; Price).

The eQGP Framework assesses the strength of both the market and the company and then creates a portfolio relevant to that level of strength in the market. The Investment Manager assesses the strength of the company from three different angles – the strength of its quality, the strength of its earnings growth and the strength of its price performance. The key differentiating factor of the strategy is considering weighted average score of each company based on e score

Alchemy Smart Alpha 250 Fund is a unique strategy that combines Quant and Active portfolio management strategy. From being able to incorporate the acquired knowledge / wisdom of the fund manager from over the years to balancing the strategy with quantitative analysis - thus creating a pathway for potentially more favourable risk reward scenarios.

• Largecap and Midcap universe accounts for 80% (as of Dec’24) of the total market capitalisation of all listed companies on NSE & BSE.
• Superior return per unit of risk for Large & Midcap Universe.
• The Large & Midcap Category Mutual Funds are unable to generate significant alpha over longer time frames.

Terms at a Glance

• RISK APPETITE - High Risk
• ELIGIBLE INVESTORS - Resident Indians, NRI ,HNI, Hindu Undivided Family (HUF), Banks, Bodies Corporate, Partnership Firm, Accredited Investors, & Trusts
• FUND STYLE - Predominantly large & mid cap focused
• MINIMUM INVESTMENT - Minimum INR 1 crore
• SUGGESTED TIME HORIZON - 3-5 years

Fund Manager – Alok Agarwal

Alok Agarwal, with over 22 years experience, specializes in equity fund management. He joined Alchemy in 2022, having previously led flagship funds and the offshore equity desk at PGIM India AMC. He has also worked with Deutsche Asset Management, KR Choksey Securities, Tata Group and Pinnacle Academy. An avid marathoner, Alok holds CA, CFA and CMT certifications, and Master’s in Commerce and Finance.

Performance

Data as of January 31, 2026 | *Inception Date: January 3, 2018

#Consolidated Returns are calculated using unitization method. The Consolidated Returns may vary with investors’ returns depending on the class/series investor have subscribed into. Past performance is not indicative of the future performance. Performance related information provided herein is not verified by SEBI. Returns less than 1 Year: Absolute, greater than 1 Year: CAGR. Performance Data for CRISIL AIF Index – Category III is available till September 2024.  Please click here refer to the Category III AIF benchmarking report issued by CRISIL.