FAQs

Alchemy Capital has 3 Custodians: HDFC Bank, ICICI Bank & Kotak Mahindra Bank.

Alchemy Capital generally offers its services in three different fee formats:

1. Fixed Fee Option: In this format, the investor is charged only the fixed rate as management fee.

2. Hybrid Fee: In this format, the investor is charged both fixed management fee and performance linked fee.

3. Variable Fee: In this format, the investor is charged only the performance linked fee.

There is no lock-in period. However, an exit load of 1% will be levied if the investment is redeemed within 1 year of opening the account.

There is no limit to the number of portfolios one can have with Alchemy Capital.

Alchemy Capital is located in Mumbai, Maharashtra. B4, Amerchand Mansion, 16 Madame Cama Road, Mumbai - 400 001.
You can also reach out to us on email: contactus@alchemycapital.com or call us on +91-22-6617 1700.

You will find the latest reviews under the Insights and Media section on our website.

The PMS fee calculator tool is available under the Regulatory section in Compliance Documents / Disclosure.

The PMS fee calculator tool is available under the Regulatory section in Compliance Documents / Disclosure.

The Portfolio Manager provides the Disclosure Document prior to entering into an agreement with the client. The Disclosure Document contains the product features/details of investment approaches, quantum and manner of payment of fees payable by the client for each activity, portfolio risks, complete disclosures in respect of transactions with related parties, the performance of the Portfolio Manager, and the financial performance of the Portfolio Manager for the immediately preceding three years.

Disclosure Document is available under the Regulatory section in the 'Compliance Documents / Disclosure' section.

Alchemy High Growth, Alchemy Select Stock, Alchemy Ascent, Alchemy Alpha 100, Alchemy Smart Alpha 250, Alchemy Smart Alpha Small and Microcap, Alchemy Alpha Small Cap, & Alchemy Select Satellite.

Alchemy Ascent endeavours to provide a "high alpha" investment strategy which builds portfolios to deliver consistent outperformance over the long term, using an objective, back-tested and data-driven approach devoid of any biases.

Alchemy High Growth adopts a multi-cap investment strategy and seeks to identify high quality growth that can deliver superior risk-adjusted returns.

Alchemy Select Stock endeavours to generate superior long-term returns by investing in high conviction concentrated stocks around 8 to 14 across sectors.

Note: Until August 31, 2024, the Investment Approach name was Alchemy High Growth Select Stock.

Alchemy Alpha 100 is a predominantly large-cap focused fund that endeavours to provide a consistent alpha-driven investment strategy. It aims to build and manage portfolios designed to deliver long-term outperformance using an objective, back-tested, and data-driven approach, devoid of any biases.

Alchemy Smart Alpha 250 is predominantly a large & midcap focussed fund which endeavours to provide a consistent alpha over the long term, using an objective, back tested and data driven approach devoid of any biases.

Alchemy Alpha Small Cap is a rule-based algorithm driven strategy that is sector agnostic, based on data and researched processes. A High-Risk High Return oriented strategy which aims at generating long term alpha consistently by investing in small cap companies.

Alchemy Smart Alpha Small and Micro cap Strategy aims to uncover the hidden gems within India's dynamic Small and Micro cap market, where growth opportunities may abound for discerning investors. A unique Quant + Active style meticulously researches and analyses companies with strong fundamentals, compelling growth prospects, and solid management teams.

Note: Until May 9, 2024, the Investment Approach name was Alchemy Smart Alpha Small Cap.

Alchemy Select Satellite is a concentrated multicap strategy that aims to create value for its investors by investing in high growth potential companies.

AIF stands for Alternative Investment Fund. It is a private investment vehicle that pools money from investors for investing it in accordance with a defined investment objective as detailed in its respective fund documents for the benefit of its investors.

The Securities and Exchange Board of India (SEBI) has categorized AIFs into three categories: Category I, Category II, and Category III, based on their investment strategies, eligibility criteria, and regulatory requirements.

• Category I AIFs invest in start-up or early-stage ventures or social ventures or SMEs or infrastructure or other sectors or areas which the government or regulators consider as socially or economically desirable. This includes venture capital funds, SME Funds, social venture funds, infrastructure funds, etc.
• Category II AIFs include real estate funds, private equity funds (PE funds), funds for distressed assets, etc.
• Category III AIFs include hedge funds, PIPE Funds, etc. that employ diverse or complex trading strategies and may employ leverage including investments in listed or unlisted derivatives.

Source: SEBI

Minimum investment of INR 1 crore is required for investing in an AIF.

No. AIFs are privately pooled investment vehicles that raise funds only through private placement by issuing Private Placement Memorandum (PPM).

Category I and II AIFs are required to be close-ended and have a minimum tenure of three years, while Category III AIFs may be open-ended or close-ended.

Investments in AIFs in India is open to institutional investors, high-net-worth individuals (HNIs), NRIs, Accredited Investors, Corporates, HUF, Firms, Trust and Family Offices.

Yes, NRIs are eligible for investments subject to offer document allowing their participation.

An AIF may accept the following as joint investors for the purpose of investment of not less than INR 1 crore:

• i. an investor and his/her spouse
• ii. an investor and his/her parent
• iii. an investor and his/her daughter/son

With respect to the above investors, not more than 2 persons shall act as joint-investors in an AIF.

In case of any other investors acting as joint-investors, for every investor, the minimum investment amount of INR 1 crore shall apply.

Alchemy Capital Management offers a range of AIFs schemes across market capitalisation. Please click here to learn more about our AIF offering.

You can also write to us at contactus@alchemycapital.com for more details.

Alchemy offers both open and closed ended Schemes of AIF. Currently there are 2 Schemes which are open to subscription for investors namely Alchemy Leaders of Tomorrow and Alchemy Smart Alpha 250 Fund and both are open-ended Schemes in nature.

Alchemy Leaders of Tomorrow focuses on companies best equipped to take advantage of emerging domestic and global opportunities through innovation. The fund aims to identify and invest in companies that are good at adapting to market changes, technological disruptions and evolving eco-system.

Alchemy Emerging Leaders of Tomorrow is a Mid and Smallcap focused fund that invests on ethical entrepreneurs and management teams with robust, time-tested business models poised to benefit from India's broader based economic recovery.

India is at the cusp of a multi-year growth cycle, and expect strong earnings recovery across sectors such as consumption, manufacturing, capex, over the next 3-5 years despite inflationary pressures. These sectors may drive the next phase of the market growth. Alchemy Long Term Ventures Fund focuses on opportunities within the small and midcap space.

Alchemy Smart Alpha 250 Fund aims to deliver long-term capital appreciation through a meticulously designed strategy, predominately focusing on listed large and mid-cap investments.

AIFs typically may have a lock-in, depending on the category and the investment approach. In case of further information, write to us at contactus@alchemycapital.com to learn more.

Closed-ended funds cannot be redeemed during the lock-in period. Open ended funds may have a minimum exit charge, but can be withdrawn at any time. Write to us at contactus@alchemycapital.com to learn more.

Investor can subscribe directly by contacting us at contactus@alchemycapital.com or through our empaneled distributors.

Alchemy AIFs are managed by professional and qualified fund managers. All assets are held in accordance with the regulations in the fund's demat account maintained with reputed and SEBI registered Custodians.

Each category of AIF is a different investment vehicle and therefore it is taxed differently. Category I and II are taxed in the hand of the investor as per their applicable tax rate whereas Income tax is paid by the fund and is tax free in the hands of the Investor.

You can fill the form on www.alchemycapital.com. Our representatives will connect with you and guide you with the process.

It generally takes 2 days to open a PMS account for a resident Indian investor with Alchemy provided that the investor is KRA compliant and has submitted duly completed and signed form. Alchemy Capital also offers digital account opening for the eligible investors. The time taken for the other type of investors differs.

The account opening process includes signing of Alchemy PMS agreement including Power of Attorney, Bank and Demat account opening with the bank of your choice and other undertakings and KYC requirement varies depending on the type of investor.

Yes, one can apply for a PMS account digitally provided the investor is KRA compliant and investor's mobile number is linked with your Aadhar card. This facility is currently available to resident individuals only.

Generally, investor needs to provide:

• Consent allowing us to fetch your KRA details
• Pancard & Address proof
• Client Information form
• Cancelled Cheque and funding details
• Power of Attorney (POA)

All Operating charges /expenses are charged at actuals. Refer to the Disclosure Document for specific details.

Yes, a demat account is required.

No, the existing investor do not require a demat account. Please get in touch with your Alchemy representative for further details.

The following investors are eligible to invest through PMS:

• Resident Individuals
• Hindu Undivided Families (HUF)
• Body Corporates (Private / Public)
• Limited Liability Partnership (LLP)
• Foreign Portfolio Investor (FPI)
• Private Trust
• Non-Resident Indians (NRI)
• Partnership Firms or any other eligible investor
• Or any other type of investor allowed as per regulation

NRI can invest through Non-repatriable (NRO) basis or Repatriable (NRE) basis. For investments in PMS, an NRI may require to open separate Bank Account, Demat account and Broking account.

Yes, NRIs can invest in the PMS through the NRE or NRO accounts.

Yes, we do accept USA based clients.

Yes, however account opening for a Minor will be reviewed and confirmed on case to case basis.

You can fill the form on www.alchemycapital.com. Our representatives will connect with you and guide you with the process.

Systematic Transfer Plan (STP) is a facility by which a pre-determined amount/ percentage of the total corpus can be transferred from one investment approach of Alchemy to another at predefined intervals. The investor looking to take Asset Allocation calls between Cash and Equity i.e., Investors who would like to invest in Alchemy's Equity investment approach over a duration of time shall choose to invest in Alchemy Liquid strategy via STP method. All investors can participate in the STP including NRIs investing in any of Alchemy's equity investment approach except for Alchemy Select Stock. For NRI clients based out of US & Canada, the amount invested in the Alchemy Liquid strategy would remain in their saving bank account, thus earning the minimal savings bank interest only.
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Client sourced by channel partner can write to us at clientservicing@alchemycapital.com.
Client sourced directly can write to us at clientsupport@alchemycapital.com.

Client sourced by channel partner can write to us at clientservicing@alchemycapital.com.
Client sourced directly can write to us at clientsupport@alchemycapital.com.

You can access your PMS account by logging into Alchemy's client portal on our website or through Alchemy's Mobile Application available on Android Play Store and Apple App Store.

In general, you can fund your PMS account by transferring stocks. The stocks will be liquidated and proceeds will be invested. However, we recommend to consult with our documentation team before transferring stocks.

In general, you can fund your PMS account by transferring stocks. The stocks will be liquidated and proceeds will be invested. However, we recommend to consult with our documentation team before transferring stocks.

You can transfer the funds and send an email to the Servicing email ID with:
(a) Proof of transfer i.e. cheque / bank statement
(b) Standard "Transaction slip for Additional Investment", where you need to specify the name of the strategy in which you want to invest.
The Client Servicing team will confirm the receipt of funds once funds reflect in PMS bank account.

HDFC Bank
Account Name - Alchemy Capital Management Pvt. Ltd - PMS Pool account
Account Number - 50200024011691
IFS code - HDFC0000060
Branch - Fort, Nanik Motwani Marg

ICICI Bank
Account Name - Alchemy Capital Management Pvt. Ltd - PMS Pool account
Account Number - 000405074120
IFS code - ICIC0000004
Branch - Free Press House, Nariman Point, Mumbai

Kotak Mahindra Bank
Account Name - ALCHEMY CAPITAL MGMT PVT LTD - PMS POOL A/C
Account Number - 9949641695
IFS code - KKBK0000958
Branch - 5C/II, MITTALCOURT, 224 NARIMANPOINT, MUMABI-400021

Log into Client Portal, you will find this under Documents section.

Redeeming part of your holdings is easy and does not require any paperwork. All we need is an email with the "Transaction Slip for Partial redemption", sent to us at clientsupport@alchemycapital.com (Direct clients) or clientservicing@alchemycapital.com (Channel clients) from client's registered email ID with Alchemy Capital.

- Requests received by Alchemy Capital by 5:30 PM will be processed on T+1 and requests received after 5:30 PM will be processed on T+2.
- Applicable fees and charges (Fixed fees, and / or Performance fee & Exit Load (if any)) on redemption amount will be computed and charged to PMS account on redemption date. Such fees will be recovered from the cash proceeds from your PMS account.
- There is no min/max on redemption amount, however as per regulatory requirement, the portfolio value post redemption amount on the day of redemption request should be at least 50 lakhs (or the minimum investment amount defined by the portfolio manager for a particular strategy, whichever is higher).
Note - For the detailed process please contact the Client Servicing team

You can redeem any amount of money from your PMS account. However, post redemption, the portfolio value should not fall below SEBI mandated minimum investment i.e., 50 lakhs or the minimum investment amount defined by the portfolio manager for a particular strategy, whichever is higher.

We would be sad to see you go. However, if you do decide to close your PMS account, to initiate the redemption, we will need:

(a) An email with the "Transaction Slip for Full redemption", via Funds or Stock transfer from the client's registered email ID with Alchemy Capital.
(b) POA revocation, closure of Demat account and Bank account. (if any)
(c) In case of NRIs we will need additional docs such as PI cancellation & Closure of trading account.

- Requests received by Alchemy Capital by 5:30 PM will be processed on T+1 and requests received after 5:30 PM will be processed on T+2.
- We will acknowledge the receipt and notify the Portfolio Manager to initiate liquidation of your portfolio. If you have requested stock transfer, we will ask you for the CML/CMR of your demat account where you would like to transfer our securities.
- Your portfolio will be liquidated / transferred out within next few working days.
- We will compute fees and charges as applicable and debit from your account.
- Sale proceeds and any cash balances will be remitted to your bank account registered with Alchemy Capital.
- We will confirm the account closure and remittance of funds in email.

Note - For the detailed process please contact the Client Servicing team.

You can change your fee plan once every quarter. However, all requests for change are processed on the 1st day of the next quarter.