Craving Alpha Wealth Fund
Craving Alpha Wealth Fund is an emerging, next-generation investment offering positioned at the intersection of traditional portfolio management and hedge fund-style strategies. Managed by Craving Alpha LLP, the fund is structured as a Category III Alternative Investment Fund (AIF), designed primarily for sophisticated investors seeking alpha generation beyond conventional long-only equity portfolios.
At its core, the fund follows a disciplined long–short investment strategy—going long on fundamentally strong, undervalued businesses while selectively shorting overvalued sectors or stocks. This dual approach enables it to aim for consistent, risk-adjusted returns across varying market cycles rather than relying solely on bullish market conditions. Unlike traditional PMS strategies that are typically long-only, Craving Alpha’s framework actively manages downside risk through hedging and dynamic portfolio rebalancing.
What sets Craving Alpha Wealth Fund apart is its blend of quantitative models and deep fundamental research. The investment process is data-driven, leveraging proprietary algorithms to reduce behavioral biases, optimize position sizing, and identify market inflection points. At the same time, the fund emphasizes investing in high-quality companies with durable competitive advantages and strong growth visibility. This combination of “quant + conviction” allows the fund to build a resilient portfolio that can adapt to changing economic and market conditions.
The fund is led by Mayank Mehra, who brings experience in equity research, proprietary trading, and quantitative investing. His investment framework—focused on macro trends, industry dynamics, and business strategy—guides stock selection and risk management decisions. Under his leadership, the fund aims to identify high-quality franchises at attractive valuations, particularly those at key growth inflection points.
Another defining aspect of Craving Alpha Wealth Fund is its strong emphasis on risk optimization. Rather than chasing aggressive returns, the strategy prioritizes capital preservation and smoother compounding over time. Through diversification, thematic hedging, and a partially market-neutral approach, the fund seeks to minimize drawdowns while still participating in upside opportunities.
Overall, Craving Alpha Wealth Fund represents a modern, research-intensive investment solution tailored for investors who value disciplined execution, transparency, and risk-aware alpha generation. While relatively new in the Indian investment landscape, its differentiated strategy and focus on combining data science with fundamental investing make it a compelling option for those looking beyond traditional PMS offerings.
