Alchemy Smart Alpha 250 Fund – AIF CAT-III

  • Investment Objective
  • Why Alchemy Smart Alpha 250 Fund?
  • Terms at a Glance
  • Fund Manager
  • Performance

Objective

Alchemy Smart Alpha 250 Fund aims to deliver long-term capital appreciation through a meticulously designed strategy, predominately focusing on listed large and mid-cap investments.

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.

  • Concentrated portfolio; generally, may consist of 25 stock ideas.
  • The investment methodology eQGP (Environment, Quality, Growth, Price) 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.

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

  1M 3M 6M Since Inception*
Fund Returns - Post Fees Expenses & Taxes 2.7% -1.2% 4.6% -4.5%
Fund Returns - Post Fees Expenses & Pre Taxes 3.6% -1.3% 6.5% -2.7%
BSE 500 4.4% 4.0% 7.9% 11.6%

Data as of October 31, 2025 | *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. Returns less than 1 Year: Absolute, greater than 1 Year: CAGR. | Performance Data for CRISIL AIF Index – Category III is available till September 2023. Click here to refer to the Category III AIF benchmarking report issued by CRISIL