Alternative Investment Funds
Alchemy Long Term Ventures Fund, Series 3
Small Cap Strategy
Alchemy Long Term Ventures Fund, Series 3 seeks to generate long-term capital appreciation through investments in listed and unlisted equity opportunities, with a primary focus on scalable small-cap businesses and emerging growth segments.
Strategy Snapshot
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Category
Equity Diversified
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Structure
Closed Ended
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Indicative Tenure
3-5 Years
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Fund Style
Small Cap & Private Companies
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Launch Date
1st February, 2026
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Minimum Investment
INR 1 Crore
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Risk Appetite
High Risk
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Equity Allocation
The Fund shall be sector agnostic with investments diversified across sectors as permitted under the Regulations which includes investments in listed securities (0-100%), unlisted securities (0-35%), other securities/instruments as permitted under Regulations and Applicable Laws.
The basis for benchmark selection is in accordance with APMI Circular APMI/2022-23/02 dated March 23, 2023.
Alchemy Long Term ventures Fund, Series 3
Why Alchemy Long Term Ventures Fund, Series 3 ?
Focus on smallcap, mid-cycle, high-growth listed and private companies.
Sector-agnostic in nature, with a flexibility to invest a part of its corpus in private opportunities.
Focused allocation with active monitoring.
On the unlisted/private side, the portfolio companies are in their late-stage cycle and are about to file for the IPO in the next 12-24 months.
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.
What is Alchemy Long Term Ventures Fund?
India is at the cusp of a multi-year growth cycle, and expects strong earnings recovery across sectors such as consumption, manufacturing, and capex, over the next 3-5 years, despite inflationary pressures. These sectors may drive the next phase of market growth. Alchemy Long Term Ventures Fund focuses on opportunities within the small and midcap space.
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 Long Term Ventures Fund, Series 3
Explore how Alchemy Long Term Ventures Fund, Series 3 can fit into your long-term allocation framework.
