Chandrahas Moat Opportunities

Returns

Gross of fees, as Craving Alpha Wealth Fund reports them, to 31 Aug 2026. AIFs report returns on different bases, so compare like with like.

Fund details

Category

Category III

Strategy

Long-short

Market-cap style

—

Asset type

Equity

Benchmark

NIFTY 500 TRI

Fund manager

Mayank Mehraa

Market-cap mix

• Large cap48.97%
• Mid cap38.79%
• Small cap0.15%
• Cash12.09%

Investment approach

Outperform traditional benchmarks such as Nifty 500 over a rolling 3-year horizon. Minimize volatility and drawdowns, especially during macroeconomic dislocations or geopolitical risks.Deploy capital efficiently into emerging themes early and exit mature stories when euphoria sets in.Maintain liquidity and scalability, ensuring the strategy remains effective even as AUM grows.

Craving Alpha follows a multi-factor, long-short equity strategy designed to capitalize on market inefficiencies while hedging against macro and sectoral risks. High-Quality Stock Selection: Preference for near-monopoly businesses with strong moats, clean balance sheets, and improving fundamentals available at a high margin of safety Top-Down & Bottom-Up Integration: Macro views inform industry positioning, while stock selection is driven by a robust quantitative framework and proprietary screening models.Risk-Adjusted Optimization: Capital is dynamically allocated based on factor scores, trend confirmation, and relative strength, with an internal check on overexposure to euphoric sectors.Time-Tested Holding Framework: Positions are held between 3 to 24 months depending on conviction, valuation comfort, and market cycles.

About the fund manager

Mr Mayank Mehraa — 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.

As the fund house describes it.