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Pure Alpha

Wave Asset Private Limited

21.33 CR AUM

Pure Alpha

Pure Alpha

Wave Asset Private Limited

21.33 CR AUM

BSE 500 TRI
Benchmark
2yr 1mo
Age
EQUITY
Strategy
NIL
Fixed Fees
AMC: 0% Hurdle Rate: 0% Profit Sharing: 15%
Variable Fees
NIL
Exit Load
BSE 500 TRI
Benchmark
2yr 1mo
Age
EQUITY
Strategy
NIL
Fixed Fees
AMC: 0% Hurdle Rate: 0% Profit Sharing: 15%
Variable Fees
NIL
Exit Load
Fund manager

rohan agarwal

Fund Manager
EQUITYStrategies

Rohan is the fund manager for the Pure Alpha strategy and has 15+ years of experience in capital markets, covering asset management, financial advisory, and M&A. He is also the co-founder of Moneyjar, an innovative investment platform & was previously registered with SEBI as an Investment Adviser. 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.

Rohan is the fund manager for the Pure Alpha strategy and has 15+ years of experience in capital markets, covering asset management, financial advisory, and M&A. He is also the co-founder of Moneyjar, an innovative investment platform & was previously registered with SEBI as an Investment Adviser. 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.

Purpose

Pure Alpha is an active and unconstrained investment strategy combining top down macro insights with bottom up research driven stock selection to identify mispriced investment opportunities across multiple time frames. The strategy seeks to generate alpha by investing in a concentrated portfolio of approximately seven to fifteen high conviction positions in listed equities along with select ETF and mutual fund exposures to achieve diversification. The framework integrates macro, compounder and transformation themes. Macro analysis identifies sectors with sustained earnings momentum or sectors that are beaten down and offer value. Bottom up research then selects companies with strong balance sheets, capable management, high operating leverage, high ROCE and strong growth potential. The strategy also targets compounders aligned with emerging trends and transformative companies undergoing operational or financial turnaround where earnings recovery can lead to expansion in both earnings and valuation multiples. Illustrative opportunities include companies such as Bajaj Consumer Care, Cartrade Tech, Bandhan Bank, Jagran Prakashan and Gateway Distriparks identified through this framework. Portfolio construction emphasizes diversification across companies, sectors, styles and geographies, including international exposure through ETFs and mutual funds, while maintaining strict position sizing and sector allocation discipline. Sector agnostic. Market cap agnostic.

Investment Approach v/s Benchmark Metrics

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1M IA return
15.38%
1M benchmark return
10.38%
Alpha
5.00%
1M Wealth multiple
1.15x

Investment Approach v/s Benchmark Performance

2026
2026
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Login to see the live performance and return

Wealth Creation Calculator

1M IA return
15.38%
1M benchmark return
10.38%
Alpha
5.00%
1M Wealth multiple
1.15x

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Stock - Holdings

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Sector Allocation

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