SPVH Absolute Alpha Fund
Aggressive Alpha on Both Sides of the Market — Conviction Longs, Structural Shorts, Absolute Returns.
A long-short Category III AIF engineered for high returns regardless of market direction — long the structural winners of India's next decade, short the businesses the market is yet to recognise as structurally impaired — through the proprietary EDGE framework.
High Return — Regardless of Direction.
True absolute return does not mean low return. It means high return, regardless of market direction. We generate alpha by being right on both sides — long the structural winners of India's next decade, and short the businesses the market is yet to recognise as structurally impaired.
Structure at a Glance.
The EDGE Framework.
Four pillars for true long-short alpha — an evidence-driven long book, a disruption-aware short book, dynamic exposure management, and event-driven pair trades.
Long & Short Thesis by Market Condition.
Bull Market Strategy
Net-long 70–80%. Long book fully deployed; short book reduced to structural/secular shorts only. Pair trades remain active to capture the quality spread.
Bear / Volatile Market Strategy
Net-long reduced to 40–50%. Short book expanded to 12+ positions including cyclical and event-driven shorts. Target: positive absolute return when the Nifty drops 10%+.
Long Book Themes (2025–27)
Defence/aerospace electronics, capital-goods EPC, private-sector capex, asset-light financial intermediaries, and India-facing technology platform businesses.
Short Book Themes (2025–27)
Legacy media/print, commoditised IT services without AI differentiation, overleveraged real-estate developers, legacy PSUs at earnings peak, and durables losing to D2C disruption.
What Sets This Fund Apart.
Alpha From Both Sides
Not merely a hedged fund — an active alpha fund that generates returns independently from a conviction long book and a thematic short book.
Thematic Short Architecture
The EDGE framework brings structure to the short book — shorting structurally disrupted themes rather than ad-hoc sector-neutral names, with a clear LP narrative.
Risk-Managed Pair Trades
Event-driven pair trades neutralise unintended market and sector risk while isolating company-quality alpha — targeting a high Sharpe with controlled drawdowns.
Higher Return Ambition
A true conviction long-short targeting 18–24% absolute return — meaningfully above conservative hedged peers — bespoke for the UHNI risk-return appetite.
Terms & Risk Architecture.
Ideal Investor Profile.
Built for risk-conscious, high-return seekers and absolute-return mandates looking to replace a blended fixed-income + equity allocation with true all-weather alpha.
Interested in the Absolute Alpha Fund?
Speak with our AIF team for the detailed PPM, fund terms, and onboarding process.
Disclaimer: SPVH Absolute Alpha Fund is a proposed Category III AIF and requires SEBI registration and compliance review prior to launch. Long-short strategies use derivatives and carry leverage, market, and short-selling risks including possible loss of principal. All figures are indicative, forward-looking estimates and do not constitute guarantees. Past performance of comparable funds does not guarantee future results. Please read all scheme-related documents carefully. This page does not constitute an offer or solicitation.