Alchemy Leaders of Tomorrow – (AIF CAT-III)

  • Investment Objective
  • Terms at a Glance
  • Fund Manager
  • Performance

Investment Objective

The investment objective for Alchemy Leaders of Tomorrow (“the Fund”) is to generate long term absolute returns on the investor’s capital, and does not aim to be benchmarked to any index. The investment strategy of the Fund is to generate long term capital appreciation by investing in such opportunities including investing in (i) Listed Indian equities, (ii) Private Investment in Public Equity (“PIPES”) on listed Indian equities, and (iii) IPO and pre-IPO opportunities. The Fund will be market cap agnostic and investing across the spectrum of large-cap, mid-cap and small-cap stocks.

Terms at a Glance

  • RISK APPETITE - High Risk
  • ELIGIBLE INVESTORS - Resident Indians, NRI ,HNI, Hindu Undivided Family (HUF), Banks, Bodies Corporate, Partnership Firm, Trusts & Accredited Investors
  • MINIMUM INVESTMENT - INR 1 crore
  • INVESTMENT STYLE - Multi-cap growth
  • SUGGESTED TIME HORIZON - 3 to 5 years

These are not the complete terms; please refer the Private Placement Memorandum and its amendments for complete details.

Kindly contact us for the Private Placement Memorandum and its amendments.

Fund Manager – Hiren Ved

Hiren Ved, an equity market veteran, serves as the Director and CIO at Alchemy Capital Management where he has been leading the firm’s Asset Management business. With over 30 years of experience in the Indian equities market, Hiren has developed a sustainable long-term investment philosophy based on fundamental research. He is known for his deep sector knowledge, bottom-up research skills and stock picking abilities. He holds a graduate degree in Accounting from Mumbai University and a post-graduation in Management & Cost Accounting from The Institute of Cost Accountants of India.

Co-Fund Manager – Himani Shah

Spanning over 20 years, Himani’s professional experience includes working with financial institutions like Morgan Stanley, Citigroup, Anand Rathi and SBI Capital Securities. She is a seasoned Equity professional with experience in institutional equity research & Sales. She has covered the BFSI sector extensively and worked closely with both domestic as well as FIIs institutional Investors. Her professional expertise consists of studying many companies from a long-term equity investment perspective and advising institutional clients. Himani is a Chartered Accountant from ICAI and CFA Charter holder from The CFA Institute, USA.

Performance

  1M 3M 6M 1Y 3Y 5Y Since Inception*
Fund Returns - Post Fees Expenses & taxes -4.0% -1.7% 13.4% 40.9% 18.9% 24.8% 16.5%
Fund Returns - Post Fees Expenses & Pre taxes -4.2% -1.8% 16.1% 45.8% 20.9% 27.6% 18.5%

Data as of October 31, 2024 | *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. Please refer to the Category III AIF benchmarking report issued by CRISIL provided separately with this document