Alchemy Smart Alpha Micro & Small Cap PMS: Returns, Portfolio & Fees

PMS · Equity · Small Cap

Alchemy Smart Alpha Micro & Small Cap

Fund size₹41 Cr

IRRSince inception10.23%

1Y return18.47%

Fund age2 yrs 8 mo

Fund Manager

Alok Agarwal

Head - Quant And Fund Manager, Alchemy

Alok has over 21 years of experience in Finance and Markets, primarily in equity research and fund management. He worked with PGIM India AMC, where he managed their flagship fund and headed their Offshore Equity Desk. Alok has also worked with Deutsche Asset Management, KR Choksey Shares & Securities, E-nxt Financials Ltd and Pinnacle Academy. He holds a degree of M.Com and MS (Finance) & has also completed CA, CFA & CMT

Managing AUM₹1,814 Cr

Growth of₹Cr

Alchemy Smart Alpha Micro & Small Cap

Returns: How it has done

Scheme / Benchmark	YTD	1Y	2Y	3Y	5Y	Since inception
Alchemy Smart Alpha Micro & Small Cap	13.19%	18.47%	−1.93%	—	—	10.23%
Nifty 500	−1.02%	4.72%	−0.11%	—	—	9.54%
Excess over benchmark	14.21%	13.75%	−1.82%	—	—	0.69%

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

26.26%

Benchmark approx 15.88%

A standard deviation reflecting historical swings.

Sensitivity

1.27

Beta vs benchmark 1.00 · 27% more reactive

How strongly the scheme moves with the index.

Risk-reward

0.57

Sharpe

Excess return gained per unit of volatility.

How far below its previous high it fell

Over the trailing 1Y window the scheme fell −15.20%, and recovered on 22 Apr 2026.

Max drawdowns

−15.20%

Scheme Drawdown Trajectory

Drawdown analysis	Peak	Trough	Depth	Fell over	Recovered	Recovery took
Scheme	–	–	−15.20%	–	22 Apr 2026	–
Benchmark	01 Sep 2025	30 Mar 2026	−14.69%	210 days	–	–

Scheme

Peak–

Trough–

Depth−15.20%

Fell over–

Recovered22 Apr 2026

Recovery took–

Benchmark

Peak01 Sep 2025

Trough30 Mar 2026

Depth−14.69%

Fell over210 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 1Y window · As on 31 Aug 2026

Portfolio Details : Where the money actually sits

Avg market cap

₹13,599 Cr

Asset class

Equity

Market cap

Large cap

Mid cap

Small cap99.00%

Cash & others

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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