Investment Objective
To generate long term risk adjusted returns.
Philosophy & Strategy
A High Risk High Return oriented strategy where capital allocation is as important as stock selection and which aims at generating long term return by investing in companies using data intensive research driven product/investment approach, to identify companies based on various parameters such as growth, valuation, quality earning and balance sheet health.
Why Alchemy Ascent?
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All fundamentals objectively stated and backed by data.
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Treating markets as evolutionary, not destined. So, no subjectivity and no predictions.
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Defined selling rules.
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Respecting reflexivity in markets.
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Justice to the Portfolio above justice to the concept.
Investment Philosophy and Parameters:
Growth:
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Growth which is significantly more than the cost of capital
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Consistent & Continuous growth
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Growth adjusted for different fundamental parameters
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Negative marking if there is high divergence or deterioration in growth
Valuations:
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Value calculated as Price to Earning and/or Price to Cash Flow
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Valuations is adjusted to the quality of firm
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Valuation is also adjusted to the growth of the firm
Quality & Risk Management:
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Rejection is more important than selection
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Strict negative marks for bad balance sheet items, but no positive marks for the same as it is mandated and expected of an investment candidate
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This also helps us filter out companies which are not managed properly OR which eventually turn out to be CAGR KILLERS
Market Cycle:
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Presence /Absence of a rewarding market cycle
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Stock which is appreciated by markets also increases our probability of success
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Past behaviour of drawdown and volatility of a stock / company
Watch the video to Know more about Alchemy Ascent:
Head - Quant and Portfolio 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, Quant – 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 Sciences and Bachelor of Science degree in Statistics from St. Xaviers College, Mumbai.
Performance
Data as of February 28, 2025 | *Inception Date: September 03, 2019
#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, 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 link for viewing Performance relative to other portfolio managers: https://www.apmiindia.org/apmi/welcomeiaperformance.htm?action=PMSmenu
