Though Alchemy doesn’t work with predetermined exit price of percentage returns, we work on a philosophy of “Let your winners run and cut your losers” through continuous monitoring it is important keep assessing the risk-reward at various points of time. Having said that, Alchemy may sell a stock under three conditions. First, if it believes that the basic hypothesis stands no longer valid due to change in external circumstances or some specific actions taken by the company internally, which may alter the risk-reward. Secondly, to rebalance weights at appropriate times and lastly if the risk-reward becomes unfavourable and there are better alternatives.
Despite a long term track record and a strong foundation built on knowledge and excellence, Alchemy is committed to on-going learning and adapting to new realities. This ensures sound investment processes geared towards performance that regularly deliver on customers’ expectations.