01
Diversify Across Factors
The portfolio draws from factors such as value, quality, momentum, dividends, contrarian and volatility instead of relying on one style to keep working.
AMETRA FACTORALPHA PMS
Equity Growth. Built to Adapt.
A rules-based multi-cap equity strategy that shifts across investment factors as market conditions change, with the objective of generating long-term outperformance.
Strategy Type
Multi-Cap Equity
Risk Level
High
Live Since
Oct 2024
Allocation
Flexible
WHAT IT DOES
Built to find opportunities across different markets.
FactorAlpha combines multiple investment styles and changes its emphasis as market conditions evolve.
02
Adapt With Markets
Different factors can work in different market environments. FactorAlpha uses market signals to change its factor and risk bias over time.
03
Stay Rules-Based
Stock selection, factor allocation and portfolio adjustments follow predefined quantitative rules rather than discretionary market calls.
HOW IT ADAPTS
See how the strategy changes with the market.
FactorAlpha remains invested in equities, but can shift its emphasis across different factor styles as market conditions change.
MODERATE-RISK BIAS
More Balanced
When market direction is less clear, FactorAlpha can use a broader mix of defensive and opportunity-oriented factors.
Balanced Factor Mix
Illustrative Factor Bias
Market Consolidation
FactorAlpha does not try to predict individual market moves. It uses predefined signals to adjust factor and risk bias as conditions evolve.
Illustrative representation of the tactical framework. Actual factor selection, security exposure and portfolio weights depend on prevailing model signals.
WHAT YOU GET
Multiple sources of alpha. One adaptive portfolio.
FactorAlpha combines diversified factor exposure with tactical allocation to aim for more consistent long-term outperformance across market cycles.
Multi-Factor Apprach
Multiple drivers of alpha
Don’t rely on one factor
The portfolio draws from multiple factor styles such as value, quality, momentum, dividend, contrarian and volatility, instead of depending on a single investment style to outperform at all times.
+
Tactical Allocation
Adapts with markets
Changes as conditions change
The strategy can shift factor and risk bias based on market conditions, with a more defensive approach in difficult environments and a more growth-oriented stance in stronger markets.
PERFORMANCE
How has the strategy performed?
Compare FactorAlpha with its benchmark across live performance and longer-term model history.
FactorAlpha
-0.39%
Nifty 500 TRI
3.93%
Excess Return
-4.32%
Live performance: The strategy has been live since 16 Oct 2024. The 3 Month, 6 Month, 1 Year and Since Live figures shown here reflect live performance.
Return convention: 3M, 6M and 1Y returns are absolute returns, while Since Inception is annualized.
DOWNSIDE EXPERIENCE
What happened in difficult markets?
Historical model results show how FactorAlpha behaved during three major market stress periods compared with its benchmark.
FactorIncome
Balanced Advantage Funds
0%
-16%
-32%
-48%
-64%
2008 Financial Crisis
33.19% smaller drawdown
2013 BoP Crisis
17.68% smaller drawdown
2020 Covid Crisis
8.88% smaller drawdown
2008 Financial Crisis
33.19% smaller
0%
2013 BoP Crisis
17.68% smaller
0%
2020 Covid Crisis
8.88% smaller
0%
The takeaway
The strategy remains an equity strategy and can experience meaningful declines. Its risk framework aims to reduce the severity of drawdowns during periods of extreme market stress.
Drawdown measures how far an investment falls from a previous peak before recovering. Figures shown are based on historical/back-tested model data and do not guarantee similar outcomes in future market declines.
HOW AMETRA MAKES DECISIONS
Research first. Rules decide.
FactorAlpha converts long-term factor research into a systematic portfolio that can adapt as market conditions change.
01
Research
Analyse fundamental, technical and market data to identify characteristics that have historically explained long-term stock returns.
WHO IT IS FOR
Is FactorAlpha right for you?
FactorAlpha is designed for investors seeking long-term equity growth who are comfortable with meaningful market fluctuations.
May be suitable if you
Want long-term wealth creation through equities
Have a 3–5 year or longer investment horizon
Are comfortable with high portfolio volatility
Want exposure to multiple investment styles rather than relying on one factor
Prefer a systematic, rules-based investment approach
May not be suitable if you
Need regular income from the portfolio
Prioritise capital preservation over growth
Have a short investment horizon
Are uncomfortable with significant temporary portfolio declines
Want a low-volatility or predominantly fixed-income investment
Not sure if FactorAlpha is right for you?
Talk to Us →STRATEGY DETAILS
Everything you need to know, at a glance.
Explore the portfolio structure and fee options without having to read through a full factsheet.
Benchmark
Nifty 500 TRI
Geographic Exposure
India
Asset Classes
Equity
Instruments
Direct Stocks
Market Cap Exposure
Multi-Cap
Typical Components
10-40
Rebalancing
Discretionary
Risk Level
High
PORTFOLIO MANAGER
Built on a research-led investment process.
Meet the portfolio manager behind the strategy, explore the detailed documents, or continue to the portfolio-building journey.
Portfolio Manager
Karan, CFA
Co-founder, CIO & Portfolio Manager
15+ years · $5bn+ strategies managed
15+ years of experience developing equity and fixed-income products. At Indxx Capital, he introduced and managed investment strategies totalling more than $5 billion, serving AMCs, ETF sponsors, hedge funds and pension funds. He is an MDI Gurgaon alumnus and CFA charter holder.
Resources
Detailed strategy information
Review the latest factsheet for strategy details, performance data and disclosures.
The factsheet may include historical and back-tested model information. Please review all related disclosures before investing.
READY TO EXPLORE
See how FactorAlpha fits into your portfolio.
Build a portfolio across Ametra strategies or speak with us to understand whether FactorIncome suits your investment objectives.