Alchemy India Long Term Fund – A GIFT CITY Domiciled Cat III Long Only AIF

The Alchemy India Long Term Fund – A GIFT CITY Domiciled Cat III Long Only AIF aims to generate long-term absolute returns on its investors’ capital through a diversified portfolio. The fund invests primarily in Listed Indian Equities, Private Investment in Public Equity (PIPES) on listed Indian equities, and IPO opportunities. The fund’s strategy is inherently long-only, incorporating investments in IPOs/Anchor of Indian companies across various market caps without leveraging or engaging in borrowing.

The Alchemy India Long Term Fund – A GIFT CITY Domiciled Cat III Long Only AIF’s investment philosophy is centered around the “Growth at a Reasonable Price” approach, underpinned by the belief in India’s high-growth potential. The fund seeks to invest in companies poised to capitalize on domestic and global opportunities. Emphasizing long-term investments, the philosophy discourages frequent trading to capitalize on short-term market volatility, aiming instead for sustained growth and value creation over time.

The Alchemy India Long Term Fund – A GIFT CITY Domiciled Cat III Long Only AIF employs a concentrated portfolio strategy, with approximately 20-40 different positions, allowing for a focused investment approach. Starting weights for stocks can go up to 5%, scaled over time, with a maximum stock exposure of 15% of the portfolio and a sector exposure cap of 40%. The fund’s portfolio construction is benchmark agnostic and market cap agnostic, signifying flexibility in investment choices. With a general holding period of two years or more, the fund emphasizes a patient investment approach to realize long-term gains.