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ALCHEMY Ascent Growth

ALCHEMY Ascent Growth

Alchemy Ascent has all fundamentals stated and backed by data. Alchemy Ascent pms treats market as evolutionary, no destined. So, no subjectivity and no predictions. Alchemy PMS have defined selling rules, respecting reflexivity in markets.

Fund Snapshot

Year of Inception 2019
Number of Stocks 25-30
Investment Horizon Long Term
Fund Managers Vikas Kumar

About Fund Managers

With over 19 years of equity market experience, Mr. Vikas Kumar has expansive experience that includes equity analysis, private client fund management and strategy building on a sell-side institutional desk. He specializes in creating data-based quantitative algorithms & mathematically objective implementation strategies. Mr. Vikas Kumar’s unique research paper on investment methodology, A Quantitative System for Reflexive Financial Markets, earned him a U.S. copyright.

 

Unique Feature

To achieve risk-adjusted long-term returns.

Overview

With a collective information of a hundred years withinside the Indian equity market, Lashit Sanghvi, Ashwin Kedia, Rakesh Jhunjhunwala and Hiren Ved based Alchemy Capital Management in 1999. Alchemy has grown in fame over the past 19 years and is presently one in every of the most important Portfolio Management Services (PMS) issuer withinside the country, having lent our recommendation and funding abilities to USD 873 million (as on 31 March 2021) really well worth of organization assets. Alchemy’s institutional pedigree rests on integrity, process, perception and an unrelenting endeavour to provide constantly advanced consumer experience. Alchemy’s experience, intelligence networks and non-stop statistics from exchange and enterprise analysts have guided the middle funding control crew in adopting not anything however the best-in-magnificence practices to supply on clients’ expectancies and frequently purpose to exceed them. In return, they’ve recounseled us for our efforts.

Process

  • Ideation
  • Interact with management of the companies and eco system
  • Financial Analysis
  • Regular reviews to assess ongoing risk-reward and anticipate risks
  • Exit strategy

Investment Philosophy

Investment Philosophy and Parameters of Alchemy PMS is :

Growth:

  • Alchemy of Growth which is significantly more than the cost of capital
  • Consistent & Continuous growth
  • Growth adjusted for different fundamental parameters
  • Negative marking if there is high divergence or deterioration in growth

Valuations:

  • Value calculated as Price to Earning and/or Price to Cash Flow
  • Valuations is adjusted to the quality of firm
  • Valuation is also adjusted to the growth of the firm

Quality & Risk Management:

  • Rejection is more important than selection
  • Strict negative marks for bad balance sheet items, but no positive marks for the same as it is mandated and expected of an investment candidate
  • This also helps us filter out companies which are not managed properly OR which eventually turn out to be CAGR KILLERS

Market Cycle:

  • Presence /Absence of a rewarding market cycle
  • Stock which is appreciated by markets also increases our probability of success
  • Past behaviour of drawdown and volatility of a stock / company