Alchemy Smart Alpha Small and Micro cap – PMS

Investment Objective

To generate long term risk adjusted returns

Philosophy & Strategy

A High-Risk High Return oriented strategy which aims at generating long term alpha consistently by investing predominantly in small cap & microcap companies. The investment philosophy follows Growth at Reasonable Price/ Premium (GARP) approach with a blend of quant and active management.

Why Alchemy Smart Alpha Small and Micro cap?

India is a land of a billion opportunities and a long runway of growth. This growth gets better captured in riding the journey of successful companies morphing from micro to small to mid to large. This whole journey has the potential to create a lot of wealth/returns.

Over the last 10 years, while the Nifty 50 Index has delivered 14.3% CAGR, the comparative number for the Nifty Small Cap 250 Index is 19.9% and for the Nifty Micro cap 250 Index is 27.5%. (Data as of April 30, 2024)

Why choose Alchemy Smart Alpha Small and Micro cap Strategy?

  • Expertise: Our seasoned team possesses deep knowledge and expertise in navigating the nuances of India's Smallcap landscape.
  • Research-driven Approach: We use a unique blend of Quant + Active styles
  • Diversification: We believe in a well-diversified portfolio strategy to mitigate risk and capture growth opportunities across various sectors.
  • Active Management: We actively monitor and manage our portfolio to capitalize on emerging trends and swiftly adapt to market dynamics.

Join us in unlocking the vast potential of India's small and microcap universe with Alchemy Smart Alpha Small and Microcap Strategy. Experience the power of focused investment in tomorrow's market leaders today.

Watch the video to Know more about Alchemy Small Alpha & Micro Cap:

Terms at a Glance

  • CATEGORY - Equity Diversified
  • TYPE - Open ended
  • BENCHMARK - BSE 500 TRI
  • INDICATIVE TENURE OR INVESTMENT HORIZON - 3 – 5 years
  • FUND STYLE - Small & Micro cap
  • LAUNCH DATE - 6th Dec, 2023
  • MINIMUM INVESTMENT - INR 50 lakhs
  • OTHER TERMS

    Equity

    Equity stocks are chosen for investment based on following factors:

    • The company fundamentals, as reflected in reported numbers.
    • Investment strategy research regarding various market cycles
    • Risk & Reward ratios

    Upto 100% in equity (cash portion may be deployed in liquid funds/ debt Securities).

    Portfolio Construct: A typical Portfolio may generally consist maximum of 50 stocks across sectors.

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

    High Risk

    NA

 

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.

Performance

  1M 3M 6M 1Y Since Inception*
Portfolio Returns# -15.1% -24.1% -26.8% -11.5% -0.5%
BSE 500 TRI Returns -7.7% -12.2% -16.1% -0.4% 6.3%
NIFTY Smallcap 250 TRI** Returns -12.6% -21.8% -23.6% -6.9% 2.6%

Data as of February 28, 2025 | *Inception Date: December 6, 2023

#Performance related information provided herein is not verified by SEBI | 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

**Nifty Smallcap 250 TRI is more relevant benchmark for the strategy as the investable universe is bottom 750 out of 1000 stocks by market capitalization.