Alternative Investment Funds
Alchemy Smart Alpha 250 Fund
Large & Mid Cap Strategy
Alchemy Smart Alpha 250 Fund seeks to generate long-term capital appreciation by investing in fundamentally strong businesses across the top 250 listed companies in India.
Strategy Snapshot
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Category
Equity Diversified
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Structure
Open Ended
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Benchmark - Primary
BSE 250 LargeMidCap TRI
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Indicative Tenure
3-5 Years
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Fund Style
Listed equities focused on Large & Midcaps, and IPO opportunities
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Launch Date
16th January, 2025
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Minimum Investment
INR 1 Crore
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Risk Appetite
High Risk
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Number of Stocks
Upto 25 Stocks
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Equity Allocation
Upto 100% in equity (Cash portion may be deployed in liquid funds/debt securities)
The basis for benchmark selection is in accordance with APMI Circular APMI/2022-23/02 dated March 23, 2023.
Why Alchemy Smart Alpha 250 Fund ?
Aims to combine the stability of large caps with the growth potential of midcaps to deliver high alpha with relatively lower volatility.
Built on the proprietary eQGP framework that integrates environment, quality, growth, and price signals into investment decisions.
Adapts portfolio stance based on market conditions, becoming aggressive in risk-on phases and defensive in risk-off environments.
A systematic process ranks and selects the top 25 opportunities from a defined universe, ensuring consistency and objectivity.
Fund Managers
Alok Agarwal
Deputy Chief Investment Officer (CIO)
Alok Agarwal brings over 22 years of experience in equity fund management. Prior to joining Alchemy in 2022, he led flagship and offshore equity strategies at PGIM India AMC. His earlier experience includes Deutsche Asset Management, KR Choksey Securities, Tata Group and Pinnacle Academy. He holds CA, CFA and CMT certifications, along with a Master's degree in Commerce and Finance.
What is the Alchemy Smart Alpha 250 Fund?
Alchemy Smart Alpha 250 Fund aims to deliver long-term capital appreciation through a strategy that predominantly focuses on listed large and mid-cap investments.
Is there a lock-in period for Alchemy's AIF investments?
AIFs typically may have a lock-in, depending on the category and the investment approach. In case of further information, contactus@alchemycapital.com to learn more.
Which AIF Category does Alchemy offer?
Alchemy currently offers its schemes under Category III Alternative Investment Funds (AIFs), as defined under the SEBI (Alternative Investment Funds) Regulations, 2012, as amended from time to time.
What is the tax treatment for income generated through AIFs?
Alchemy Alternative Investment Trust ('the Trust') is a contributory determinate trust set up under the Indian Trusts Act, 1882. The Trust is registered with the Securities and Exchange Board of India ('SEBI') as a Category III Alternative Investment Fund ('AIF') under the SEBI (Alternative Investment Funds) Regulations, 2012 ('AIF Regulations'). All the AIF strategies offered by Alchemy are set up as a scheme of this Trust.
Currently, there are no provisions under the Income Tax Act, 1961 ('ITA') that specifically govern the taxability of Category III AIFs. In such a scenario, the Trust would be taxed as per the general principles of taxation of trusts.
As per the provisions of sections 161-164 of the ITA, the Trustee shall be assessed as a "representative assessee", thus, the Trustee of the Fund will compute and discharge the tax liability on the share of Contributors in the income of the Fund on behalf of such Contributors in its capacity as a representative assessee. As such, the income generated from the investment in the AIF in the hands of the contributor is tax assessed.
Are Alchemy’s AIFs regulated by SEBI?
Yes, Alchemy Alternative Investment Trust (Trust) is registered with SEBI as a Category III – Alternative Investment Fund vide registration number IN/AIF3/17-18/0381 with effect from October 24, 2017. The Trust has launched various schemes which are managed by Alchemy Capital Management Private Limited as Investment Manager.
Explore Alchemy Smart Alpha 250 Fund
Explore how Alchemy Smart Alpha 250 Fund can fit into your long-term allocation framework.
