PMS · Equity · Multi Cap
Alchemy Select Stock
Fund size₹5,014 Cr
Alpha (3Y)8.40%
3Y return21.64%
Fund age17 yrs 8 mo
Fund Manager
Mr. Hiren Ved
Mr. Hiren Ved
Director And CIO, Alchemy
Hiren Ved, an equity market veteran, serves as the Whole-Time Director, and CIO at Alchemy Capital Management where he has been leading the firm’s Asset Management business. With over 30 years of experience in the Indian equities market, Hiren has developed a sustainable long-term investment philosophy based on fundamental research. He is known for his deep sector knowledge, bottom-up research skills and stock picking abilities. Hiren manages and advises funds over USD 931 million (as on June 30, 2023) across domestic PMS and offshore institutional mandates for Alchemy Capital. He holds a graduate degree in Accounting from Mumbai University and a post-graduation in Management & Cost Accounting from The Institute of Cost Accountants of India.
Managing AUM₹8,237 Cr
Growth of₹Cr
Alchemy Select Stock
Returns: How it has done
Scheme / BenchmarkYTD1Y2Y3Y5YSince inception
Alchemy Select Stock16.46%18.14%9.69%21.64%16.27%19.97%
Nifty 500−1.02%4.72%−0.11%12.09%10.91%15.35%
Excess over benchmark17.48%13.42%9.80%9.55%5.36%4.62%
Returns up to one year are absolute; two years and above are annualised (CAGR). YTD is calendar-year-to-date. As on 31 Aug 2026.
Risk : What you take on to earn the return
Volatility
19.06%
Benchmark approx 14.80%
A standard deviation reflecting historical swings.
Sensitivity
1.07
Beta vs benchmark 1.00 · 7% more reactive
How strongly the scheme moves with the index.
Risk-reward
0.85
Sharpe
Excess return gained per unit of volatility.
Capture ratio
122 / 78
Upside / Downside Capture
Share of market gains captured versus losses absorbed.
How far below its previous high it fell
Over the trailing 3Y window the scheme fell −24.55% from its 16 Dec 2024 peak to a 07 Apr 2025 trough, and recovered on 17 Jun 2026 after 436 days.
Max drawdowns
−24.55%
Recovery period
436 days
Scheme Drawdown Trajectory
Drawdown analysisPeakTroughDepthFell overRecoveredRecovery took
Scheme16 Dec 202407 Apr 2025−24.55%112 days17 Jun 2026436 days
Benchmark30 Aug 202428 Feb 2025−18.59%182 days––
Scheme
Peak16 Dec 2024
Trough07 Apr 2025
Depth−24.55%
Fell over112 days
Recovered17 Jun 2026
Recovery took436 days
Benchmark
Peak30 Aug 2024
Trough28 Feb 2025
Depth−18.59%
Fell over182 days
Recovered–
Recovery took–
The benchmark's peak, trough and recovery are read off its month-end curve; the scheme's row is measured on daily NAV. · Risk and drawdown use a trailing 3Y window · As on 31 Aug 2026
Portfolio Details : Where the money actually sits
Stocks
97
P/E ratio
63.07
P/B ratio
9.59
Dividend yield
0.21%
Avg market cap
₹1.38 L Cr
Median market cap
₹25,109 Cr
Asset class
Equity
Market cap
Large cap38.00%
Mid cap28.00%
Small cap30.00%
Cash & others4.00%
As on 31 Aug 2026
Fees
A fixed plan is cheaper when returns are strong. A performance plan costs less in lean years and shares the upside only when the fund beats a hurdle. Both cost the same at a 16.67% gross return.
FixedPlan A · Simple
Fixed Management Fee2.50% / yr
Performance FeeNone
Hurdle RateNot applicable
VariablePlan B · Shared upside
Fixed Management Fee1.50% / yr
Performance Fee15% of profit
Hurdle RateAbove 10%
Exit load 1.00% within 1 year, nil after 2 years. Lock-in: Nil.
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