SPVH India Alpha Fund
India's Next Decade — Structured for the World's Most Sophisticated Capital.
A USD-denominated, Category III AIF registered at GIFT City IFSC — designed for global institutional investors, sovereign wealth funds, endowments, and NRI family offices seeking active, alpha-generating exposure to India's structural growth story with a disciplined risk architecture.
Includes INR/USD currency tailwind
Executing India — Not Selling It as a Theme.
India is the only major economy where demographic dividend, capital market deepening, technology adoption, and manufacturing renaissance are converging simultaneously. We are not selling India as a theme — we are executing India as a high-conviction, disciplined investment mandate with the precision global institutional capital demands.
Structure at a Glance.
The ALPHA Investment Framework.
Five disciplined pillars that combine high-conviction India exposure with multi-source alpha, structured liquidity, and active currency management — a true multi-alpha vehicle in one USD-denominated structure.
A Three-Tier Architecture.
Core India Equity — 70%
18–22 stocks across India's structural growth themes: capital goods, defence, domestic financial services, technology-enabled businesses, and speciality manufacturing. 3–5 year hold. ROCE ≥ 18%, debt-light, with a management quality filter.
Pre-IPO / Event Bridge — 15%
3–5 positions. Pre-listing India opportunities from the SPVH AMC pipeline and anchor book allocations. 12–24 month liquidity-event horizon. Proprietary sourcing through the SPVH Value Discovery Fund deal-flow.
EM Asia Optionality — 10–15%
High-conviction positions where India equity lacks equivalent exposure: Taiwan/Korea AI semiconductor supply chain, ASEAN digital-economy leaders, and China internet/consumer recovery plays. Adds EM alpha unavailable in India-only mandates.
Cash / FX Buffer — 0–10%
USD-denominated liquid instruments during high-valuation / low-opportunity periods. Actively managed — not idle. Deployed on 10%+ corrections in core India markets or the emergence of new pre-IPO opportunities.
Target Sector Allocation.
What Sets This Fund Apart.
Four structural advantages that make India Alpha a true multi-alpha vehicle — combining active conviction, proprietary sourcing, institutional liquidity discipline, and a built-in currency tailwind in a single USD-denominated structure.
Multi-Alpha in One Vehicle
The ALPHA framework blends a high-conviction India core with EM Asia optionality and a pre-IPO event bridge — three distinct return engines combined in a single USD-denominated structure, not a one-dimensional India bet.
Proprietary Sourcing Moat
SPVH's UHNI network and the SPVH Value Discovery Fund deal pipeline open access to pre-IPO allocations and anchor books — a sourcing advantage that passive feeders and standalone managers simply cannot replicate.
Institutional Liquidity Discipline
Position sizes are capped at 4× average daily turnover so the portfolio can be fully liquidated in ≤ 15 trading days — a structured liquidity protocol built for institutional LP redemption management from day one.
Built-In Currency Tailwind
USD denomination means every basis point of INR depreciation (~3–4% p.a. historically) accrues as additional return to the global LP versus a domestic INR fund — active currency and redemption management included.
Terms & Risk Architecture.
Target LP Investor Profile.
Built for sophisticated global capital seeking disciplined, active access to India's structural growth — with the liquidity protocols and reporting standards institutional allocators require.
Interested in the India Alpha Fund?
Speak with our GIFT City global investments team for the detailed PPM, fund terms, and onboarding process.
Regulatory Disclaimer: The SPVH India Alpha Fund is a proposed Category III AIF structure and requires IFSCA registration and applicable legal/compliance approvals prior to launch. All return targets are forward-looking estimates and do not constitute guarantees. Investing in AIFs involves significant market risk, including potential loss of principal. Past performance of comparable funds does not guarantee future results. This page does not constitute an offer or solicitation for investment.