We seek businesses with scalable growth potential, strong management quality, and reasonable valuations that support long-term compounding.
As one of the early pioneers of Portfolio Management Services in India, Alchemy Capital Management has established its presence in Indian equities, advising/managing USD 1.2 billion of group assets (as of June 30 2026) for high-net-worth individuals, family offices, and institutional investors. At the core of Alchemy is a seasoned investment leadership team whose collective market insight spans multiple equity market cycles in India. This experience informs a disciplined investment approach grounded in bottom-up research, rigorous business evaluation, and long-term conviction investing.
Sorted by 3-year return. Returns are TWRR, net of fees; CAGR above 1 year.
Alchemy Select Stock
Alchemy Smart Alpha 250
Alchemy High Growth
Alchemy Alpha 100
Alchemy Ascent
Alchemy Liquid
Alchemy W.I.N Strategy
Alchemy Smart Alpha Micro and Small Cap
Alchemy Alpha Small Cap
Himani Shah
Fund managerCo-Fund Manager
CA (ICAI), CFA (USA)
With over 22 years of experience in the financial markets, Himani Shah has built a distinguished career across equity research, fund management, and institutional sales.
Mythili Balakrishnan
Fund managerCo-Fund Manager
CFA
Mythili has over 22 years of experience in finance and markets, primarily in equity research and fund management.
Deven Ved
Fund managerCo-Fund Manager, Quant
Post Graduate Diploma in Actuarial Science; B.Sc. Statistics
Deven has nearly two decades of diverse business experience in financial programming and modelling, program management, shareholder reporting, and consulting.
Hiren Ved
Director & Chief Investment Officer (CIO)
Graduate in Accounting (Mumbai University); post-graduate in Management & Cost Accounting (Institute of Cost Accountants of India)
Hiren Ved, an equity market veteran, co-founded Alchemy Capital Management in 1999. He is the Director & CIO at Alchemy Capital Management, where he leads the firm’s Asset Management business.
Pooja Keswani
Chief Executive Officer (CEO)
Pooja has been an integral part of the Alchemy’s leadership team since 2009. She initially served as Chief Operating Officer for over 15 years before assuming the role of CEO.
Sameer Tirani
Business Head - Private Clients
Sameer Tirani is a senior banker with over two decades of experience in wealth management, liabilities and asset businesses, strategic planning and implementation, coupled with expertise in setting up systems and sales processes.
Mohit Bhagat
Business Head – Channel
A senior financial services professional, Mohit Bhagat has over two decades of experience in wealth management and asset management channel distribution.
Anis Bohra
Chief Operating Officer (COO)
Anis Bohra has close to 19 years of experience in fund structuring and fund operations, with extensive expertise in establishing and operationalising investment management entities.
Alok Agarwal
Deputy Chief Investment Officer
CA, CFA, CMT
Alok Agarwal has over two decades of experience in Indian equities and public markets, with a strong focus on equity research and fund management. He joined Alchemy in 2022 and brings a process-driven approach anchored in the eQGP (Environment–Quality–Growth–Price) framework.
Neeraj Roy
BoardNon-Executive Director
Commerce graduate; Masters in Management
Mr. Neeraj Roy is a Commerce Graduate and has a Masters degree in Management. Neeraj founded and leads a vibrant team that is a part of the Hungama group in India, one of Asia’s largest Digital Media Entertainment conglomerates.
Rajiv Agarwal
BoardNon-Executive Director
Mr. Rajiv Agarwal works for RaRe Enterprises, the investment firm of Mr. Rakesh Jhunjhunwala, where he is responsible for investing, managing and monitoring the firm's Private Equity investments.
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.
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