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**As of 30-April-2018
^S&P BSE500 index .
^^As of 30-April-2018, Past Performance is not the indicative of future performance
The Investment Philosophy
We believe that consistent and superior long term absolute returns can be made across
market cycles by investing in growth companies with good management teams.
• We like businesses which address large and growing external opportunity, have a
competitive advantage in effectively exploiting those opportunities and have a scalable
business model with higher than average Return on Capital Employed (ROCE) over the
Investment horizon.
• We believe management teams are key to business success. We look for managements
which have aggression, are aligned to business outcomes while simultaneously having
respect for governance and capital allocation
While growth companies form the core of our portfolio, we tactically also invest in deep
value opportunities and special situations that may appear due to market cycles
Our Offerings
Alchemy High Growth
Capturing the Opportunity
Investment Objective
» The strategy aims at generating long term returns by investing in equities and equity related
instruments across market capitalizations, with a Mid cap bias.
Investment Suitability
» Suitable for an investor who is looking to participate in India growth story through equities.
» Seeking High Risk-High return portfolio.
» Ideal investment horizon is 3 to 5 years.
Equity By Market Cap Weight in Portfolio Definition Cut off for CY 2018
Market capitalization of 100th stock in S&P BSE 500 is the
Large Cap 25-100% Rs.29918 Crs and above
cut off for large cap
Market capitalization between 101st and 400th stock in Rs.3962 Crs to Rs.29918
Mid Cap 0-75%
S&P BSE 500 is the cut off for Mid cap Crs
Small cap 0-20% Market capitalization below 400th in S&P BSE 500 Below Rs.3962 Crs
Note: Market capitalization cut off will be taken from S&P BSE 500 as on 31st Dec (i.e. end of every calendar year) for succeeding calendar year
The investment objectives, allocation are indicative and there are no assurances that it will be achieved.
Investors are advised to take independent tax, legal, risk, financial and other professional advice.
Investment Credentials – Alchemy High Growth*
450.00
Alchemy High Growth S&P BSE 500 25.4% Alchemy
400.00 Benchmark
High Growth
350.00 Parameter
300.00
(Since (Since
250.00
inception) inception)
200.00 Returns
25.4% 17.1%
150.00
(CAGR)
17.1%
100.00 Std. Dev. 20.7% 22.1%
50.00 Sharpe 0.93 0.50
0.00 Beta 0.78 1.00
Sep/02
Sep/03
Sep/04
Sep/05
Sep/06
Sep/07
Sep/08
Sep/09
Sep/10
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Sep/17
Dec/02
Dec/03
Dec/04
Dec/05
Dec/06
Dec/07
Dec/08
Dec/09
Dec/10
Dec/11
Dec/12
Dec/13
Dec/14
Dec/15
Dec/16
Dec/17
Jun/02
Jun/03
Jun/04
Jun/05
Jun/06
Jun/07
Jun/08
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Jun/10
Jun/11
Jun/12
Jun/13
Jun/14
Jun/15
Jun/16
Jun/17
Mar/03
Mar/04
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Mar/06
Mar/07
Mar/08
Mar/09
Mar/10
Mar/11
Mar/12
Mar/13
Mar/14
Mar/15
Mar/16
Mar/17
Mar/18
It has generated 25.4% CAGR since its
inception (8th May 2002)as compared to
17.1% CAGR generated by S&P BSE 500.
The strategy has created substantial wealth
Since since its inception. Rs 1 cr invested on 8th
Period 1 yr 2 yr 3 yr 5 yr 10 yr
Inception May 2002 would have grown to Rs 37.4 crs
v/s Rs 12.4 crs in S&P BSE 500.
% Returns 11.3 25.5 15.7 21.6 12.6 25.4
As on 30 -April- 2018
Benchmark
15.9 20.3 12.0 15.3 8.1 17.1 *Alchemy High Growth is Alchemy’s PMS strategy
(S&P BSE 500) * From inception of the Product – High Growth - 8th May 2002
Returns Less than 1yr: Absolute, greater than 1yr: Compounded Annualized
Returns are shown as net of all fees and expenses
Past Performance is not the indicative of future performance
Investment Manager - Investment Team
Hiren Ved
CIO
Experience: 25 years
Year of Joining Alchemy:1999
*As on 30-April-18
Past performance data is not indicative of the future performance
Founders
Rakesh Jhunjhunwala, Co-Founder
A highly respected and successful equity investor in India, with over 26 years of experience
in the financial markets. He is renowned value investor in India.
Lashit Sanghvi, Co-Founder
Lashit has about 2 decades of comprehensive equity market experience. His strengths are
qualitative assessment of people and his ability to judge broad markets and has featured in
“Wizards of Dalal Street – Gen Next” a series on the most successful investors in Indian
Stock Market by CNBC India.
Ashwin Kedia , Co-Founder
Ashwin has about 2 decades of comprehensive equity market experience. He has very
strong background in primary research and has featured in “Wizards of Dalal Street – Gen
Next” a series on the most successful investors in Indian Stock Market by CNBC India.
Hiren Ved, Co-Founder
Hiren has been CIO at Alchemy India since 1999 managing assets of over USD 1.12 billion.
With about 2 decades of experience in the Indian equity markets, he has created a solid
foundation in bottom-up research and stock picking.
Board Members
Monthly
Investment Committee Reviews
Intervention
All investment products attract various kinds of risks. Please read the relevant Fund Document/ Investment Agreement
carefully before investing.
General Disclaimers
The information and opinions contained in this report/ presentation have been obtained from sources believed to be reliable,
but no representation or warranty, express or implied, is made that such information is accurate or complete.
Information and opinions contained in the report/ presentation are disseminated for the information of authorized recipients
only, and are not to be relied upon as advisory or authoritative or taken in substitution for the exercise of due diligence and
judgement by any recipient.
The information and opinions are not, and should not be construed as, an offer or solicitation to buy or sell any securities or
make any investments.
Nothing contained herein, including past performance, shall constitute any representation or warranty as to future
performance.
The client is solely responsible for consulting his/her/its own independent advisors as to the legal, tax, accounting and
related matters concerning investments and nothing in this document or in any communication shall constitutes such advice.
The client is expected to understand the risk factors associated with investment & act on the information solely on
his/her/its own risk. As a condition for providing this information, the client agrees that Alchemy Capital Management Pvt.
Ltd., its Group or affiliates makes no representation and shall have no liability in any way arising to them or any other entity
for any loss or damage, direct or indirect, arising from the use of this information.
This document and its contents are proprietary information of Alchemy Capital Management Pvt. Ltd and may not be
reproduced or otherwise disseminated in whole or in part without the written consent.
Alchemy Capital Management Pvt. Ltd |B-4, Amerchand Mansion|16 Madame Cama Road| Mumbai 400 001.|URL:www.alchemycapital.com
CIN-U67120MH1999PTC119811|Email ID: contactus@alchemycapital.com
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