Alchemy Smart Alpha 250 – PMS

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

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 and mid 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 Smart Alpha 250?

Alchemy Smart Alpha 250 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 85% (as of June’23) of the total market capitalisation of all listed companies on NSE & BSE.
  • The return per unit of risk is maximum on 5 Year & 10 Year for S&P BSE 250 Large Midcap TRI (as of Apr’23).
  • The Large & Midcap Category Mutual Funds are unable to generate significant alpha over longer time frames.

Watch the video to Know more about Alchemy Smart Alpha 250:

Terms at a Glance

  • CATEGORY - Equity Diversified
  • TYPE - Open Ended
  • BENCHMARK - BSE 500 TRI
  • INDICATIVE TENURE OR INVESTMENT HORIZON - 3 – 5 years
  • FUND STYLE - Predominantly Largecap & Midcap
  • LAUNCH DATE - 10th 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 large & mid cap focussed

    Upto 100% in equity.

    The Portfolio may also invest though not exceeding 10% of the Asset Under Management (AUM) in securities other than equity, which shall inter alia include Real Estate Investment Trusts (“REITs”), Infrastructure Investment Trusts (“InvITs”), commodity-linked ETFs (e.g., gold, silver, crude), debt, liquid funds, bonds and permissible securities under the applicable laws.

    For the avoidance of doubt, the aforesaid limit of 10% shall be maintained at the time of making investments (whether initial or additional).

    It is clarified that any subsequent variation in the percentage of such investments beyond the aforesaid limit, arising solely on account of (i) market movements, (ii) corporate actions, or (iii) client-driven transactions like partial redemptions by Clients, shall not be construed as a breach of this limit (“Passive Breach”).

    However, if such Passive Breach results in the exposure to the aforesaid securities exceeding 20% of the AUM at any time, the Portfolio Manager shall, on a best-efforts basis and subject to market conditions and liquidity, take necessary corrective actions to bring such exposure within the said limit of 20% of AUM within a period of thirty (30) days from the date of such breach.

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

    High Risk

    • Generic and Specific risks
      Generic and Specific risk factors related to making investments in equity products of such kind are elaborated in Clause 6 of this Disclosure document.
    • Investors are advised to go through these risk factors and seek clarifications in the event of any queries.

    NA

 

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*
Portfolio Returns# 2.9% 7.6% 12.4% 13.9% 21.5%
BSE 500 TRI Returns -0.2% -2.3% -5.4% -0.1% 11.3%

Data as of May 31, 2026 | *Inception Date: August 10, 2023

#Performance related information provided herein is not verified by SEBI | Returns are net of fees, expenses & taxes (if applicable). Returns less than 365 days: Absolute, greater than 365 days: CAGR (Computed using TWRR method). Past performance is not indicative of future performance. The above performance figures are aggregate of all discretionary clients; the investor’s actual portfolio may differ. Please refer the below link for viewing Performance relative to other portfolio managers:  https://www.apmiindia.org/apmi/welcomeiaperformance.htm?action=PMSmenu