About Company
Swyom India
Swyom Advisors Limited is a SEBI-registered investment manager based in Mumbai and Bengaluru, specialising in Alternative Investment Funds (AIF) and Portfolio Management Services (PMS). Founded on the core principle of "Protect Capital, Pursue Growth," the firm acts as a growth catalyst for high-net-worth individuals, family offices, and institutional investors. The firm distinguishes itself through a team with extensive "boardroom experience" at top-tier Indian corporates like Asian Paints and Pidilite, leveraging these insights to identify high-performing businesses. With a focus on transparency and data-driven analytics, Swyom provides sophisticated wealth solutions tailored to navigate complex market cycles effectively.
What Is Swyom India Alpha Fund?
The Swyom India Alpha Fund is a Category III AIF India strategy that combines long-term equity investing with corporate-action and unlisted opportunities. Its multi-cap structure allows exposure across large-, mid- and small-cap companies rather than restricting the portfolio to one market segment.
The strategy can invest in listed and unlisted securities, with three broad opportunity buckets: listed equity, corporate actions and unlisted equity. Its sector-agnostic approach allows the portfolio to look across industries for businesses, events and valuation opportunities rather than following a fixed sector allocation.
As an open-ended Category III AIF, the structure also provides greater flexibility to use derivatives, short positions and leverage compared with a conventional long-only equity strategy. This flexibility can increase both opportunity and risk.
Swyom India Alpha Fund: Key Facts
| Particular | Fund Details |
| Fund Name | Swyom India Alpha Fund |
| Category | Category III AIF |
| Structure | Open-ended |
| Launch Date | 8 September 2023 |
| Investment Manager and Sponsor | Swyom Advisors Limited |
| AIF Trust | Swyom Advisors Alternative Investment Trust |
| Trustee | Orbis Trusteeship Services Pvt Ltd |
| RTA | KFin Technologies Limited |
| Custodian and Clearing | Nuvama Custodial Services Limited & Nuvama Clearing Services |
| Sponsor Commitment | 5% of corpus or ₹10 crore, whichever is lower |
| Management Fee | 1.5% |
| Performance Fee | 20% |
| Hurdle Rate | 10% pre-tax, without catch-up |
| Leverage | Up to 2x AUM |
| Exit Load | 3% within 1 year; 2% within 2 years; 1% within 3 years; nil thereafter |
| Minimum Investment | ₹1 Crore |
| Minimum Contribution | ₹25 lakh applicable for accredited investors |
An additional 0.25% administration fee applies up to ₹1.99 crore. The performance fee is subject to a high-watermark mechanism.
Swyom India Alpha Fund Investment Strategy
The Swyom India Alpha Fund investment strategy is built around three principal components:
Listed Equity
The listed-equity portfolio focuses on businesses with longer-term earnings growth potential. The indicative allocation is 40-60%, with a typical holding period of 2-3 years.
Corporate Actions
This segment seeks opportunities created by transactions and events such as mergers and acquisitions, open offers, demergers, rights issues, QIPs, preferential allotments and IPO-related transactions. The indicative allocation is 10-30%, with holding periods ranging from 1-12 months.
Unlisted Equity
The strategy can allocate 0-30% to late-stage unlisted businesses where attractive valuations and growth potential are identified. The indicative holding period is 6-24 months. Past examples include investments that subsequently transitioned from unlisted to listed status.
The approach therefore combines a longer-term compounding component with shorter-duration event-driven opportunities and selective unlisted investments. This flexibility places the fund among the long-short strategies in India that can hedge market exposure rather than remain fully invested.
Swyom's Investment Philosophy
The investment philosophy focuses on finding businesses where fundamental quality, opportunity and valuation provide a favourable investment setup.
- Fundamental analysis: The process examines business fundamentals, earnings potential and the quality of the underlying opportunity.
- Unique Opportunity: The strategy looks for differentiated situations where business characteristics, industry developments or corporate events can create an attractive investment opportunity.
- Margin of safety: Valuation and downside considerations are important when assessing whether the expected opportunity adequately compensates for the risks involved.
- Corporate governance assessment: Business quality also involves assessing management conduct, governance standards and the sustainability of the investment thesis.
The broader process incorporates market screening, business diligence, opportunity identification, global and macro views, portfolio construction, monitoring, rebalancing and defined exit triggers.
This framework allows the strategy to identify market inefficiencies across sectors instead of depending on a single thematic view.
Use of Hedging, Derivatives and Leverage
As a Category III strategy, the fund can use derivatives, short positions and leverage as part of portfolio management. The stated Swyom India Alpha Fund leverage is up to 2x AUM.
Hedging can be used for stock-specific or portfolio-level exposure management. However, hedging does not eliminate downside risk. Similarly, leverage increases exposure and can amplify both gains and losses. Investors should therefore understand the additional risks associated with derivatives, short positions, leverage and execution before investing.
Listed and Unlisted Investment Opportunities
The fund's framework permits exposure to both listed and unlisted opportunities. The stated internal allocation range is 70-100% for listed equity and 0-30% for unlisted equity.
Listed equity may comprise approximately 15-25 holdings, while corporate-action and unlisted opportunities are managed as separate components. The unlisted allocation is focused on late-stage companies and is not positioned as a dedicated pre-IPO strategy.
Swyom India Alpha Fund Minimum Contribution, Fees and Exit Terms
The Swyom India Alpha Fund minimum investment and Swyom India Alpha Fund minimum contribution are not specified in the available fund terms. Investors should confirm the applicable threshold before investing. The same applies to detailed Swyom India Alpha Fund eligibility requirements.
The stated Swyom India Alpha Fund fees include:
- Management fee: 1.5%
- Performance fee: 20%
- Swyom India Alpha Fund hurdle rate: 10% pre-tax, without catch-up
- Administration fee: Additional 0.25% up to ₹1.99 crore
- Performance fee mechanism: Subject to a high-watermark performance fee
The Swyom India Alpha Fund redemption structure is open-ended. The Swyom India Alpha Fund exit load is 3% within one year, 2% within two years, 1% within three years and nil after three years.
The Swyom India Alpha Fund investment horizon differs by strategy: 2-3 years for listed equity, 1-12 months for corporate actions and 6-24 months for late-stage unlisted investments.
Who May Consider Swyom India Alpha Fund?
The Swyom India Alpha Fund open-ended structure may be considered by investors who understand the characteristics of a Category III AIF and are comfortable with derivatives, leverage, short positions, unlisted securities and market volatility.
Investors should evaluate their own liquidity requirements, investment horizon and ability to tolerate losses. Open-ended status does not mean every underlying security can be sold immediately, particularly where unlisted or event-driven investments are involved. NRIs can also invest in AIFs subject to FEMA norms and account requirements
Key Risks of Swyom India Alpha Fund
The Swyom India Alpha Fund risks include:
- Market risk: Equity prices can fall sharply and affect portfolio value.
- Leverage risk: Leverage can magnify both gains and losses.
- Derivative and short-position risk: Derivative and short exposures can create significant losses.
- Unlisted-security risk: Unlisted investments can have limited liquidity and valuation uncertainty.
- Concentration risk: Individual positions can materially influence portfolio outcomes.
- Corporate-action risk: M&A, QIP, open-offer and other transactions may not proceed as expected.
- Counterparty risk: Transaction and settlement issues can affect outcomes.
- Liquidity risk: Underlying holdings may not always be readily saleable.
- Execution risk: Market conditions and transaction execution can affect the investment thesis.
Disclaimer: Investing in AIFs involves market and other risks. Past performance does not guarantee future results, and there is no assurance that investment objectives will be achieved. ALTPORT acts as an intermediary/facilitator and is not the fund manager. Investors should carefully review applicable fund documents before investing.
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Radha Raman Agarwal
Radha Raman Agarwal is a rank-holding Chartered Accountant (All India Rank 37) with over 20 years of leadership experience in corporate finance and strategy. Before founding Swyom, he held significant executive roles, including Vice President of Finance at Pidilite Industries and Commercial Head at Asian Paints, where he managed annual outlays exceeding ₹1,000 Crores. This deep corporate background allows him to analyze businesses from an "insider's perspective," focusing on operational excellence and scalable models. His expertise spans treasury, mergers and acquisitions, and supply chain excellence, which he now applies to identifying resilient, high-growth investment opportunities in the Indian equity markets.
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Find answers to common questions about fund investments, performance, portfolio strategy, and investor services.
Swyom India Alpha Fund is an open-ended Category III Alternative Investment Fund (AIF) managed by Swyom Advisors Limited, a SEBI-registered investment manager. The fund follows a multi-strategy approach combining long-term listed equity, corporate-action opportunities and selective unlisted investments, with the flexibility to hedge and use leverage in pursuit of returns across market conditions.
Yes. It is registered with SEBI as a Category III AIF under the Swyom Advisors Alternative Investment Trust, with Orbis Trusteeship Services Pvt Ltd as trustee. Category III AIFs are permitted to employ complex strategies including derivatives, hedging and leverage.
The fund is managed by Radha Raman Agarwal, a Chartered Accountant (All India Rank 37) with over 20 years of corporate finance and strategy experience, including senior roles at Pidilite Industries and Asian Paints. He applies this operating and financial background to identify resilient, high-growth Indian businesses.
The fund allocates capital across three sleeves: long-term listed equity (typically 40–60%), corporate-action and special-situation opportunities (10–30%) and selective unlisted investments (0–30%). Alongside these long positions, the fund can take hedging and short exposures through derivatives to manage risk and seek returns in both rising and falling markets.
Yes, the fund is open-ended, which means investors can enter on an ongoing basis rather than only during a limited fundraising window. Redemptions are subject to the fund's exit-load schedule — 3% in year one, 2% in year two, 1% in year three and nil thereafter.
Yes. The portfolio is predominantly invested in listed securities (typically 70–100%), with the flexibility to allocate up to 30% to unlisted opportunities. Unlisted positions are taken selectively, with investment horizons of roughly 6–24 months.
As a Category III AIF, the fund can use derivatives for hedging and for generating returns, and may employ leverage up to 2x of AUM within SEBI's regulatory limits. These tools are used to manage downside risk and act on opportunities, though they can also amplify losses, which is reflected in the fund's risk profile.
The specific Swyom India Alpha Fund eligibility and minimum contribution requirements are not stated here. Investors should assess whether they understand Category III AIF, leverage, derivatives, liquidity and unlisted-security risks before investing.
Key risks include equity-market and stock-selection risk, derivatives and leverage risk (which can magnify losses), liquidity risk in unlisted and smaller-cap holdings, and the possibility of underperformance versus broader markets. Investments in AIFs are subject to market risks, and past performance does not guarantee future results.