Craving Alpha LLP is a Category III Alternative Investment Fund (AIF) established with the vision of delivering consistent alpha through a disciplined, research-driven, and risk-optimized approach. The firm unites decades of expertise across proprietary trading, fundamental research, and quantitative investing, creating a robust foundation for informed decision-making. Its flagship offering, the Craving Alpha Wealth Fund, employs a long-short strategy tailored to India’s dynamic capital markets, aiming for steady compounding while effectively managing downside risk. Entirely built in-house and bootstrapped, Craving Alpha stands out for its commitment to transparency, intellectual integrity, and a scalable investment process that continuously adapts to evolving market conditions.
| AIF Investment Approach(s) | Returns | |||||
|---|---|---|---|---|---|---|
| Investment Approach | Category | 1 Yr Return | 2 Yr Return | 3 Yr Return | 5 Yr Return | Inception Date |
| Chandrahas Moat Opportunities | Long Short | NA | NA | NA | NA | Feb 2025 |
* All performance above are as on 30th September 2025. * Above 1 year returns are in CAGR*
Fund Manager
Mayank Mehra is the Founder and Fund Manager of Craving Alpha Wealth Fund, a Category III AIF focused on high-quality franchises at inflection points, available at deep value. With over a decade of experience in equity research, quant investing, and portfolio construction, he combines fundamental insight with proprietary models to deliver alpha across market cycles.A CFA and FRM candidate and a Master in Business Administration, Mayank started his career on a proprietary trading desk before launching Craving Alpha as a SEBI-Registered Investment Advisor in 2018. His investing framework—MIST (Macro, Industry, Strategy, Trend)—guides a disciplined approach to identifying mis- priced opportunities while hedging risk through selective short positions.Craving Alpha Wealth Fund is designed to scale without style drift, maintaining a partially hedged posture to safeguard against macro shocks. Mayank’s philosophy centers on optimizing risk to unlock scalable alpha.He regularly shares insights via the Craving Alpha Substack and is known for his contrarian thinking, macro foresight, and focus on positioning equities as a scalable, liquid wealth-building asset class.
Room No. 419, Martin Burn Building, Lal Bazar, Kolkata, West Bengal 700001 SEBI Reg No.: IN/AIF3/24-25/1646