Alternative Investment Funds
Alchemy Leaders of Tomorrow
Multi Cap Strategy
Alchemy Leaders of Tomorrow seeks to generate long-term capital appreciation by investing in emerging leaders with scalable, high-growth business models across sectors and market capitalisations.
Strategy Snapshot
-
Category
Equity Diversified
-
Structure
Open Ended
-
Benchmark - Primary
BSE 500
-
Indicative Tenure
3-5 Years
-
Fund Style
Multi Cap Growth
-
Launch Date
4th January, 2018
-
Minimum Investment
INR 1 Crore
-
Risk Appetite
High Risk
-
Number of Stocks
Upto 40 Stocks
-
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.
Alchemy Leaders of Tomorrow
Why Alchemy Leaders Of Tomorrow ?
Aims to invest in scalable businesses with strong fundamentals.
Multicap & sector agnostic
Adaptive businesses built for resilience.
Focused portfolio with active monitoring.
Fund Managers
Hiren Ved
Director and Chief Investment Officer (CIO)
Hiren Ved, an equity market veteran, co-founded Alchemy Capital Management in 1999. He is the Director & CIO at Alchemy Capital Management, where he leads the firm’s Asset Management business. With his experience and expertise, Hiren has developed a sustainable long-term investment philosophy based on fundamental research that has helped deliver long-term returns for clients.
Himani Shah
Co-Fund Manager
With over 22 years of experience in the financial markets, Himani Shah has built a distinguished career across equity research, fund management, and institutional sales. Himani’s professional journey includes leadership roles at Morgan Stanley, Citigroup, Anand Rathi, and SBI Capital Securities, where she specialised in institutional equity research and sales, extensively covering the BFSI sector and working closely with both domestic and foreign institutional investors. Her expertise lies in analysing companies from a long-term investment perspective and advising institutional clients on equity strategies.
What is Alchemy Leaders of Tomorrow?
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 ecosystems.
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 Leaders of Tomorrow
Explore how Alchemy Leaders Of Tomorrow can fit into your long-term allocation framework.
