Alpha OpportunitiesFund

Returns

After expenses, before tax, as ICICI Prudential AMC reports them, to 30 Sep 2026. AIFs report returns on different bases, so compare like with like.

Fund details

Category

Category III

Strategy

Long-only

Market-cap style

Multi / flexi cap

Asset type

—

Benchmark

BSE 200 TRI

Fund manager

Anand Shah & Chockalingam Narayanan & Sandip Santdasani & Prem Khurana

Market-cap mix

• Large cap65.11%
• Mid cap12.70%
• Small cap17.47%
• Cash4.71%

The five largest holdings are 24.48% of the portfolio.

Investment approach

Alpha OpportunitiesFund

Alpha OpportunitiesFund

About the fund manager

Mr. Anand Shah — CIO – PMS & AIF

Mr Anand Shah assumed the role of Head of PMS and AIF Investments at IPAMC in February 2021. In the past, Anand was Deputy CEO and Head of Investments at BNP Paribas Asset Management Company, where he oversaw both onshore and offshore mandates sub-advised and sales. Anand has earned numerous accolades and prestigious awards for fund management, including 'The CIO of the Year Award 2014-15' from Asia Asset Management. His association with BNP Asset Management spanned almost a decade, starting in March 2011. Before that, Anand served as the Head of Equities at Canara Robeco Asset Management for three years from March 2008. He also held the position of Co-Head Equities at ICICI Prudential Asset Management and Vice President of Investments at Kotak Mutual Fund for six years from May 2000 to December 2006. Anand holds a Post Graduate Diploma in Management from the Indian Institute of Management Lucknow and a B.E. degree from Regional Engineering College, Surat.

Mr Chockalingam Narayanan — Head Equities – PMS & AIF (Long only)

Chockalingam joined ICICI Prudential AMC in July 2022. He is a senior fund manager in PMS & AIF at IPAMC. Chockalingam has nearly two decades of extensive experience in fund management, investment research and market analysis. He has been instrumental in analysing business fundamentals to derive relevant and actionable analysis that leads to portfolio growth. He is consistently relied upon for providing detailed macroeconomic analysis as well as insights into the financial markets and ESG that serve as key foundation pillars for various investment strategies he has worked on in his career. Before joining IPAMC, he has worked with leading organisations like Baroda BNP Paribas Asset Management India Pvt Ltd, Deutsche Equities India Pvt Limited and Batlivala & Karani Securities. Academically, Chockalingam has a Post Graduate Diploma in Management from T A Pai Management Institute, Manipal and a Bachelor of Commerce from G. R. Damodaran College of Science. He has also passed the Financial Risk Manager (FRM) certification by the Global Association of Risk Professionals, USA.

Mr Sandip Santdasani — Fund Manager – AIF

Sandip joined ICICI Prudential AMC in August 2008.Sandip is Associate Vice President in Investments–PMS & AIF at ICICI Prudential AMC Ltd (IPAMC) and he is a part of the Fund Management team for Alternate Investments. He joined IPAMC in 2008 and he has been associated with IPAMC for more than a decade where he has successfully navigated several roles and responsibilities across Business Development and Product Development and Strategy in PMS & AIFs (long only and long short funds).Sandip comes with a rich experience and understanding of mutual funds and Alternates. He is currently a part of Investment Team in PMS & AIFs, involved in equity research, providing research for investments in mutual fund schemes by PMS multi-manager strategies. He is also responsible for developing and maintaining models for stock selection based on quantitative factors.As a part of core team in Alternates, he provides key insights on products and the investment process to both internal and external stakeholders – especially to large corporates, promoters, family offices and distribution partners. He works closely with the business development team, product team for new product and features, road shows, and presentations.He is a CFA Charter holder from the CFA Institute, USA, and also holds a master’s in business administration from MS University of Baroda, Vadodara.

Mr. Prem Khurana — Senior Fund Manager

Prem Khurana joined ICICI Prudential Asset Management Company in December 2024 as Senior Fund Manager—PMS Equity. With over two decades of experience in sell-side fundamental research, he specializes in the infrastructure and real estate sectors. Prem currently manages Non-discretionary PMS as well as certain Discretionary Investment Approaches. Prem has built a strong track record, consistently being recognized as a top analyst. He was named "Best Real Estate Analyst" in the Asiamoney polls for three consecutive years (2019-2021) and ranked among the top in the "Best Infrastructure Analyst" categories in 2021 and 2022. Before joining ICICI Prudential, Prem was Associate Director and Co-Head of Research at Anand Rathi Shares & Stock Brokers, leading coverage of the infrastructure and real estate sectors. He also worked at Batlivala & Karani Securities, where he led a team covering the same sectors. Prem has extensive experience in financial analysis, earnings forecasting, and project evaluation, and has built strong relationships with clients and industry stakeholders. He holds a PGDBM in Finance from the Birla Institute of Management Technology.

As the fund house describes it.