Alpha Alternatives Fund Advisors LLP PMS is a Mumbai-based, SEBI-registered portfolio management firm known for its differentiated approach to investing in alternative and niche asset classes. Established in 2017, the firm operates as part of a broader multi-asset investment platform that focuses on generating “alpha” — or superior risk-adjusted returns — through innovative strategies and disciplined execution.
Unlike traditional PMS providers that primarily focus on long-only equity investing, Alpha Alternatives adopts a multi-asset and strategy-driven investment framework. Its offerings span equities, commodities, structured credit, and quantitative strategies, enabling investors to access a wider opportunity set beyond conventional markets. This diversification helps reduce dependence on a single asset class and aims to deliver more consistent performance across market cycles.
A defining aspect of the firm is its partnership-driven model. Alpha Alternatives is structured around “Entrepreneur Partners,” who specialize in generating returns across asset classes, and “Platform Partners,” who manage operations, compliance, risk management, and capital raising. This unique setup allows domain experts to focus purely on investment performance while ensuring robust institutional processes behind the scenes.
In its PMS segment, the firm offers strategies such as systematic equity and multi-cap portfolios, often backed by quantitative models and data-driven decision-making. These strategies are designed to identify inefficiencies in the market and capitalize on them through disciplined portfolio construction. The minimum investment typically aligns with SEBI PMS regulations (₹50 lakh), targeting high-net-worth individuals (HNIs) and sophisticated investors seeking customized portfolio management.
As of early 2026, Alpha Alternatives manages assets in the range of ₹550–₹600 crore within its PMS vertical, reflecting steady growth and increasing investor interest. The firm is led by experienced professionals such as Vineet Sachdeva and Ashim Sahni, who bring deep expertise in quantitative investing, private equity, and institutional asset management.
Overall, Alpha Alternatives Fund Advisors LLP PMS positions itself as a forward-thinking, boutique asset manager that blends traditional investing with alternative strategies. Its emphasis on innovation, risk management, and specialized expertise makes it particularly suitable for investors looking to diversify beyond conventional equity PMS offerings and explore sophisticated, alpha-oriented investment solutions.
| PMS Investment Approach(s) | Returns | |||||
|---|---|---|---|---|---|---|
| Investment Approach | Category | 1 Yr Return | 2 Yr Return | 3 Yr Return | 5 Yr Return | Inception Date |
| Systematic Equity | Multi Cap & Flexi Cap | -11.20% | 19.00% | 17.90% | NA | Jul 2021 |
*Returns are as on 31st August 2025. *Returns over a 1-year period are annualized *Returns are calculated using the Time Weighted Rate of Return (TWRR) method and as provided by the respective AMCs. *ND (No Data), *NA(Not Applicable) *Returns of the respective Benchmark Indices used are tabulated above. The benchmark(s) given are as per SEBI circular no. SEBI/HO/IMD/IMD-PoD-2/P/CIR/2022/172 dated December 16, 2022 and the APMI circular no. APMI/2022-23/02 dated March 23, 2023, and Revised Annexure-1
| AIF Investment Approach(s) | Returns | |||||
|---|---|---|---|---|---|---|
| Investment Approach | Category | 1 Yr Return | 2 Yr Return | 3 Yr Return | 5 Yr Return | Inception Date |
| Multi Strategy Absolute Return Scheme | Long Short - Conservative | 11.70% | 13.30% | 12.80% | 12.50% | Sep 2018 |
*All performance above are as on 31st August 2025. *Above 1-year returns are in CAGR*
Fund Manager, PMS
Vineet is an Entrepreneur Partner at Alpha Alternatives, leading the systematic equity investing business, Elysium. He brings over 25 years of experience across quantitative investments, early-stage ventures, and private equity and serves as an active board member and key stakeholder in multiple social impact ventures. Previously, he co-headed the alternative investing business at DE Shaw and has held roles at IDFC Private Equity, JumpStartUp, and Citibank. Vineet holds an MBA from IIM Lucknow and a BA in Economics from Delhi University.
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