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Alchemy Capital Management
PMS Multi Cap & Flexi Cap
Benchmark
S&P BSE 500 TRI
Inception Date
19 December 2008
Min. Investment
₹3,00,00,000
AUM (Cr.)
₹4517.00
SIP Available
No
STP Available
Yes

Investment Strategy

Investment Approach

Our investment methodology is rooted in a thorough, bottom-up research process focused on identifying high-quality businesses. This conviction-driven strategy leads to concentrated portfolios of approximately 8 to 12 holdings. While we are market capitalization agnostic, we exhibit a discernible bias towards mid-cap companies. Our investment horizon is long-term, designed to capitalize on sustained earnings expansion and potential valuation re-rating.

Investment Objective

The Alchemy High Growth Select Stock fund is a carefully curated, focused portfolio designed for sustained, long-term capital appreciation. Its investment strategy prioritizes equities across various market capitalization segments, with a notable emphasis on mid-cap companies.

Performance Returns

Returns as on 2025-12-31

Trailing Returns

Period Strategy Benchmark Outperformance
1 MONTH -2.90% -0.24% -2.66%
3 MONTHS 2.54% 5.02% -2.48%
6 MONTHS -0.91% 1.63% -2.54%
1 YEAR -2.44% 7.63% -10.07%
2 YEAR 16.21% 11.64% 4.57%
3 YEAR 21.85% 16.40% 5.45%
5 YEAR 20.44% 16.82% 3.62%
SINCE INCEPTION 19.78% 16.10% 3.68%

Calendar Year Performance

Year Return
CY 2009 55.53%
CY 2008 1.20%
CY 2025 -2.44%
CY 2024 38.47%
CY 2023 33.95%
CY 2022 -4.81%
CY 2021 47.05%
CY 2020 2.50%
CY 2019 4.20%
CY 2018 -0.21%
CY 2017 46.30%
CY 2016 3.42%
CY 2015 16.69%
CY 2014 64.17%
CY 2013 3.56%
CY 2012 59.94%
CY 2011 -13.02%
CY 2010 21.98%

Financial Year Performance

Year Return
FY 26_YTD 17.78%
FY 09 2.00%
FY 25 8.17%
FY 24 51.05%
FY 23 -11.17%
FY 22 38.45%
FY 21 61.62%
FY 20 -30.58%
FY 19 7.75%
FY 18 18.16%
FY 17 29.35%
FY 16 -0.38%
FY 15 65.77%
FY 14 28.96%
FY 13 15.74%
FY 12 13.21%
FY 11 17.19%
FY 10 48.82%

Past performance is not indicative of future results. Returns are subject to market risks.

Fund Managers

Hiren Ved

Co-Founder & CIO

Mr. Hiren Ved, a seasoned professional with over three decades of experience in the Indian equity landscape, functions as the Whole-Time Director and Chief Investment Officer at Alchemy Capital Management. In this capacity, he spearheads the firm's asset management operations. His investment approach is characterized by a robust, long-term philosophy underpinned by comprehensive fundamental analysis, a methodology honed over his extensive career. Mr. Ved is recognized for his profound understanding of various sectors, his meticulous bottom-up research capabilities, and his aptitude for identifying promising investment opportunities. As of June 30, 2023, he oversees and provides advisory services for assets exceeding USD 931 million, encompassing both domestic Portfolio Management Services (PMS) and international institutional mandates managed by Alchemy Capital. Academically, Mr. Ved holds a graduate degree in Accounting from Mumbai University and a postgraduate qualification in Management & Cost Accounting from The Institute of Cost Accountants of India.

Portfolio Details

Portfolio Composition

Large Cap
40.64%
Mid Cap
31.65%
Small Cap
22.49%
Cash & Equivalent
3.74%

Top 5 Holdings

  • Multi Commodity Exchange of India Ltd 9.23%
  • One 97 Communications Limited 8.82%
  • Eternal Limited 5.81%
  • Divi's Laboratories Ltd. 4.68%
  • Cartrade Tech Limited 4.46%

Top 5 Sectors

  • Financial Services 30.92%
  • Capital Goods 16.05%
  • Consumer Services 14.61%
  • Healthcare 8.21%
  • Fast Moving Consumer Goods 7.75%

Portfolio Characteristics

total number of stocks
48
top 5 stocks percent
33.00%
top 5 sectors percent
77.54%
average market cap
N/A
portfolio age
17 Yrs, 0 Months
sip
Not Available
stp
Available

Fee Structure

Fixed Fee

AMC: 2.5%

Variable Fee

AMC: 1.5%

Hurdle: 10%

Profit Sharing: 15%

Exit Load

Year 1: 1%

Year 2: 0%

Year 3: 0%

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Disclaimer

Returns are as of 2025-12-31. Returns for periods up to one year are not annualized. Returns for periods exceeding one year are annualized. Returns are computed using the Time Weighted Rate of Return (TWRR) methodology and are provided by the respective Asset Management Companies (AMCs). 'ND' denotes 'No Data', and 'NA' denotes 'Not Applicable'. The performance of the respective Benchmark Indices is presented above. Benchmark(s) are as defined in SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022, APMI circular no. APMI/2022-23/02 dated March 23, 2023, and Revised Annexure-1.

This page is provided solely for general informational purposes in relation to the strategy and is based on publicly available information. While reasonable care has been taken to ensure accuracy, the information may not reflect the most recent updates.

Nothing on this page constitutes investment, financial, or legal advice. Investment decisions should be made after consulting a qualified advisor and reviewing official scheme documents.

Last Updated: January 2026 · Published by Affluense AI (affluense.ai)