Alchemy Alpha 100 – PMS

  • Investment Objective, Philosophy & Strategy
  • Why Alchemy Alpha 100?
  • Terms at a Glance
  • Fund Manager

Investment Objective

To generate long term risk adjusted returns

Philosophy & Strategy

A High-Risk High Return oriented strategy which aims at generating long term consistent alpha by majority investing in large cap companies using objective, back tested and data driven approach based on various parameters such as growth, valuation, quality earning and balance sheet health.

Why Alchemy Alpha 100?

Over 68% of India’s Market Cap is in Large Caps with over 50% of investor allocations in the same category. However, most investment vehicles have underperformed the benchmark in this category. Here, we come with a quant solution, whose back tested results shall aim a much higher probability of achieving this missing alpha.

  • 80% of the actively managed Largecap mutual funds have failed to beat the index Nifty 100 TRI on 5-year basis.
  • 67% of the actively managed Largecap mutual funds have failed to beat the index Nifty 100 TRI on 10-year basis.
  • 78% of the Largecap PMS have failed to beat the index Nifty 100 TRI on 3-year basis. 
  • Nifty 100 has superior risk adjusted returns.

(All data as of 28 April 2023)

Terms at a Glance

  • CATEGORY - Equity Diversified
  • TYPE - Open Ended
  • BENCHMARK - Nifty 50 TRI
  • INDICATIVE TENURE OR INVESTMENT HORIZON - 3 – 5 years
  • FUND STYLE - Predominantly Large Cap
  • LAUNCH DATE - 16th August, 2023
  • MINIMUM INVESTMENT - INR 50 lakhs
  • OTHER TERMS

    Equity

    Equity stocks are chosen for investment on the basis of following factors:

    1. The company fundamentals, as reflected in reported numbers.
    2. Investment strategy research regarding various market cycles
    3. Risk & Reward ratios
    4. Predominantly largecap focused

    Upto 100% in equity (cash portion may be deployed in liquid funds/ debt securities)

    As per APMI Circular APMI/2022-23/02 dated March 23, 2023

    High Risk

    • General Risk: Please refer “Risk Factors” as specified in Clause 6 of the Disclosure document.
    • Specific risks: The Portfolio Manager doesn’t envisage any specific risks in addition to General Risk factors.

    NA

Fund Manager - Alok Agarwal

Alok has over 21 years of experience in Finance and Markets, primarily in equity research and fund management. He worked with PGIM India AMC, where he managed their flagship fund and headed their Offshore Equity Desk. Alok has also worked with Deutsche Asset Management, KR Choksey Shares & Securities, E-nxt Financials Ltd and Pinnacle Academy. He holds a degree of M.Com and MS (Finance) & has also completed CA, CFA & CMT.

Co-Fund Manager - Deven Ved

Deven has over 17 years of diverse business experience in financial programming and modelling, program management, shareholder reporting and consulting. In his previous role at HDFC Ergo General Insurance he spearheaded the launch of automated underwriting rule engine, enabling instantaneous policy issuance. Deven’s professional experience also includes working with financial institutions like Bharti AXA, Tata AIA Life and Deloitte Consulting. He’s highly analytical in his approach and holds a Post Graduate Diploma in Actuarial Science and Bachelor of Science Degree in Statistics from St. Xaviers College, Mumbai.

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