Alchemy Smart Alpha 250 Fund – AIF CAT-III

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

Investment Objective

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.

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 has over two decades of experience in Indian equities and public markets, with a strong focus on equity research and fund management. He joined Alchemy in 2022 and brings a process-driven approach anchored in the eQGP (Environment–Quality–Growth–Price) framework. Prior to this, he managed flagship domestic and offshore mandates at PGIM India AMC and has also worked with Deutsche Asset Management, KR Choksey Shares & Securities, and E-nxt Financials Ltd. An avid marathoner, Alok is a CA, CFA, and CMT charterholder, and holds master’s degrees in commerce and finance.

Performance

  1M 3M 6M 1Y Since Inception*
Fund Returns - Post Fees Expenses & Taxes 0.8% 3.3% 8.7% 20.7% 0.6%
Fund Returns - Post Fees Expenses & Pre Taxes 1.0% 4.3% 11.6% 25.0% 3.8%
BSE 250 TRI 0.4% -2.9% 4.0% 17.6% 8.8%

Data as of February 28, 2026 | *Inception Date: January 16, 2025

#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.