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 64% 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.
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67% of the actively managed Largecap mutual funds have failed to beat the index Nifty 100 TRI on 5-year basis.
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61% of the actively managed Largecap mutual funds have failed to beat the index Nifty 100 TRI on 10-year basis.
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52% of the Largecap PMS have failed to beat the index Nifty 100 TRI on 3-year basis.
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Nifty 100 has superior risk adjusted returns.
(All data as of December 31, 2023)
To know more about Alchemy Alpha 100 Click Here
Terms at a Glance
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CATEGORY - Equity Diversified
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TYPE - Open Ended
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BENCHMARK - Nifty 50 TRI
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INDICATIVE TENURE OR INVESTMENT HORIZON - 3 – 5 years
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FUND STYLE - Predominantly Large Cap
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LAUNCH DATE - 16th August, 2023
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MINIMUM INVESTMENT - INR 50 lakhs
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OTHER TERMS
Equity stocks are chosen for investment on the basis of following factors:
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The company fundamentals, as reflected in reported numbers.
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Investment strategy research regarding various market cycles
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Risk & Reward ratios
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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
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General Risk: Please refer “Risk Factors” as specified in Clause 6 of the Disclosure document.
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Specific risks: The Portfolio Manager doesn’t envisage any specific risks in addition to General Risk factors.
Fund Manager - Alok Agarwal
Alok Agarwal, with over 22 years experience, specializes in equity fund management. He joined Alchemy in 2022, having previously led flagship funds and the offshore equity desk at PGIM India AMC. He has also worked with Deutsche Asset Management, KR Choksey Securities, Tata Group and Pinnacle Academy. An avid marathoner, Alok holds CA, CFA and CMT certifications, and Master’s in Commerce and Finance.
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.
Performance
Data as of October 31, 2024 | *Inception Date: August 16, 2023
# Performance related information provided herein is not verified by SEBI | Returns are net of fees, expenses, and taxes (if applicable). | Returns less than 365 days: Absolute. | 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 link for viewing Performance relative to other portfolio managers: https://www.apmiindia.org/apmi/welcomeiaperformance.htm?action=PMSmenu
**Nifty 100 TRI is more relevant benchmark for the strategy as the investable universe is top 100 stocks by market capitalization.
