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Wright Factor Fund

Wryght Research And Capital Private Limited

About Company

Wryght Research & Capital Private Limited (operating as Wright Research) is a Mumbai and Lucknow-based investment management firm specializing in quantitative, AI-driven investment strategies. Founded in 2019 by Sonam Srivastava (IIT Kanpur alumna), the firm has transitioned from a popular "smallcase" advisor to a SEBI-registered Portfolio Management Service (PMS) provider.

Wright Factor Fund

Fund Snapshot

Parameter Details
Minimum Investment Rs. 50 Lakhs
Rebalancing Frequency Monthly
Universe Top 700 Stocks
Number of Stocks 20-30
Per Sector Allocation <20%
Per Stock Allocation <10%

Fund Overview

The Wright Factor Fund, offered by Wright Research, represents a sophisticated, data-driven quantitative multi-factor tactical strategy designed to deliver consistent returns over time. This fund is built on a foundation of multiple equity factors, including smart beta and alternative data, combined with advanced position sizing techniques and market regime modeling powered by machine learning models.

The Wright Factor Fund is engineered to generate stable, long-term returns while maintaining low correlation to the broader market. By leveraging a multi-factor approach, the fund identifies and capitalizes on key drivers of equity performance, ensuring a diversified and resilient portfolio. The integration of smart beta strategies and alternative data allows Wright Research to uncover unique opportunities that traditional investment methods might overlook. Additionally, the fund employs machine learning models to analyze market regimes and optimize position sizing, enhancing its ability to adapt to changing market conditions.

Wright Factor Fund is ideal for investors seeking a disciplined, quantitative investment strategy that prioritizes consistency and risk management. With its focus on low correlation to the market, the fund offers a unique opportunity to diversify portfolios while achieving steady, long-term growth. Backed by Wright Research’s expertise in quantitative investing, the Wright Factor Fund is a powerful tool for building wealth in an ever-evolving financial landscape.

Investment Philosophy

Wright Research has built its reputation on a sophisticated and innovative investing philosophy that combines advanced quantitative strategies with a deep understanding of market dynamics. The company’s approach is designed to deliver optimized returns while managing risk, ensuring that clients can achieve their financial goals with confidence. Below is an overview of the core pillars that define Wright Research’s investment philosophy.

Factor Investing: Finding What Drives the Market

Wright Research employs factor investing to identify and capitalize on the key drivers of market performance. By analyzing factors such as value, growth, and volatility, the company constructs portfolios that are strategically positioned to outperform the market over the long term.

Momentum Investing: In Line with the Trends

The company leverages momentum investing to align its strategies with prevailing market trends. By identifying and investing in assets that exhibit strong upward momentum, Wright Research ensures that its portfolios remain dynamic and responsive to market movements.

Artificial Intelligence: Finding Complex Patterns

Wright Research harnesses the power of artificial intelligence to uncover complex patterns in financial data that are often invisible to traditional analysis. This AI-driven approach enables the company to make more accurate forecasts and optimize portfolio allocations for superior returns.

Risk Management: Stronger in Tough Times

Risk management is at the heart of Wright Research’s philosophy. The company employs robust strategies to protect client portfolios during challenging market conditions, ensuring resilience and stability even in turbulent times.

Tactical Investing: For Dynamic Markets of India

Recognizing the unique characteristics of India’s dynamic markets, Wright Research uses tactical investing to adapt its strategies to local conditions. This approach allows the company to seize opportunities and mitigate risks specific to the Indian financial landscape.

Hedging: Protect and Grow in the Downside

Wright Research incorporates hedging techniques to safeguard client investments against market downturns. By balancing growth-oriented strategies with protective measures, the company ensures that portfolios can thrive even in adverse conditions.

Investment Strategy

Data-Driven Investing

A large part of active investment alpha can be replicated using systematic investment strategies. Their approach is a top-down analysis of these factors to create high high-yielding, low-risk multi-strategy portfolio.

Factor Investing

Empirical research has shown that the equity market returns can be decomposed into a set of discrete uncorrelated factors. They look at more than 300 factors from 10 factor groups that include fundamentals, technicals as well as alternative datasets.

Long Term Focussed

Earnings Momentum, Price Momentum, Quality, and Size are some of the strongest factors in India.

Use Technology To Forecast Risk

Markets go through discreet persistent regimes and the behavior of the asset classes is very different in each regime We use machine learning-based predictive models for modeling regimes using macroeconomic data and technical signals.

Wright Factor Fund

Benchmark: BSE 500 TRI

Wryght Research And Capital Private Limited

AUM(Cr.) 1M 3M 6M 1Y 2Y 3Y 4Y 5Y Ince.
Performance β‚Ή198.00 -9.34 -9.83 -6.51 -2.69 -2.75 NA NA NA 13.25
Benchmark NA -11.37 -13.94 -9.62 -3.12 1.32 NA NA NA 8.56
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Fund Manager

Sonam Srivastava

Sonam Srivastava

Sonam Srivastava is the founder of Wright Research, a SEBI-registered robo-advisor based in India. Srivastava, an IIT graduate, founded the firm with her expertise in quant finance, which uses scientific, data-driven methods to manage assets worth over 250 crore INR and serve over 40,000 clients. The firm's strategy has resulted in a 90%+ outperformance over the index over the last three years, making it popular with millennial investors. Prior to founding Wright Research, Srivastava developed high-frequency trading algorithms at HSBC and Edelweiss, as well as portfolio management at Qplum, an AI-powered Robo-advisor. After a US-based advisory firm canceled plans to launch in India, she began offering research-backed model stock portfolios to investors, which became popular during the COVID-19 pandemic. Srivastava is a globally recognized expert in investment research and portfolio management, having worked for over a decade. In addition to running Wright Research, she is a visiting faculty member at the AI in Finance Institute New York and the BSE Institute Limited. Her educational background includes a master's degree in financial engineering from Worldquant University.

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Disclaimer: Investing in AIF, PMS, Gift City or Mutual Fund is subject to market risk. Please read the related documents carefully. Past performance does not guarantee future results and there is no assurance that the managed accounts will necessarily achieve their objectives. Actual portfolios may differ as a result of account size, client-imposed investment restrictions, the timing of client investments and market, economic, and individual company factors. We at ALTPORT do not guarantee any returns in the hands of investors, nor do we take any sort of accountability for the performance of the scheme.

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