Wave - Pure Alpha PMS: Returns, Portfolio & Fees

PMS · Equity · Flexi Cap

Wave - Pure Alpha

Fund size₹24 Cr

IRRSince inception13.06%

1Y return9.69%

Fund age2 yrs 5 mo

Fund Manager

Rohan Agarwal

Fund Manager, PMS, Wave

Rohan has 15-plus years of experience in capital markets, covering asset management, financial advisory, and M&A. He was previously registered with SEBI as an Investment Adviser and also the co-founded Moneyjar, an innovative investment platform. Aside from bottom-up stock picking, Rohan brings a sharp focus on macro trends and asset allocation frameworks to Wave. He holds a B.A. in Economics and an M.S. in Finance from the University of Illinois at Urbana-Champaign (UIUC), USA.

Managing AUM₹24 Cr

Growth of₹Cr

Wave Pure Alpha

Returns: How it has done

Scheme / Benchmark	YTD	1Y	2Y	3Y	5Y	Since inception
Wave Pure Alpha	8.14%	9.69%	11.81%	—	—	13.06%
Nifty 500	−1.02%	4.72%	−0.11%	—	—	8.22%
Excess over benchmark	9.16%	4.97%	11.92%	—	—	4.84%

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

20.03%

Benchmark approx 15.76%

A standard deviation reflecting historical swings.

Sensitivity

1.04

Beta vs benchmark 1.00 · 4% more reactive

How strongly the scheme moves with the index.

Risk-reward

0.29

Sharpe

Excess return gained per unit of volatility.

How far below its previous high it fell

Over the trailing 1Y window the scheme fell −13.77%, and recovered on 04 May 2026.

Max drawdowns

−13.77%

Scheme Drawdown Trajectory

Drawdown analysis	Peak	Trough	Depth	Fell over	Recovered	Recovery took
Scheme	–	–	−13.77%	–	04 May 2026	–
Benchmark	01 Sep 2025	30 Mar 2026	−14.69%	210 days	–	–

Scheme

Peak–

Trough–

Depth−13.77%

Fell over–

Recovered04 May 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

Fees

VariablePlan A · Performance Linked

Fixed Management FeeNone

Performance Fee15% of profit

Hurdle RateNot applicable

Exit load 1.00% within 1 year, nil after 2 years. Lock-in: Nil.

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