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InCred Alternative Investments Launches InCred Liquid Alternative Fund-I

The fund aims to provide strong positive absolute returns with low risk in all market conditions through a multi-strategy quant approach

InCred Alternative Investments Launches InCred Liquid Alternative Fund-I

Outlook Start-Up Desk

POSTED ON April 15, 2023 12:52 PM

InCred Alternative Investments has recently announced the launch of its first equity long-short open-ended Category III AIF, known as InCred Liquid Alternative Fund-I, which aims to provide strong positive absolute returns with low risk in all market conditions. The fund is targeting an AUM (asset under management) of over Rs 1,000 crores and seeks to generate superior risk-adjusted returns and risk metrics through its multi-strategy quant approach, which is designed to outperform debt-plus funds and indices over the medium to long term.

The fund is managed by an experienced quant team, led by Rishi Kohli. The team will deploy a spectrum of long-short strategies across futures, options and special situations for appropriate diversification.

InCred Liquid Alternative Fund-I will endeavour to have low net exposures due to a combination of market neutral and tail risk hedged strategies. The fund will seek to generate alpha returns independent of market volatility and directionality. The fund intends to deploy a spectrum of long-short strategies across futures, options and special situations for appropriate diversification.

The launch of the fund is in line with InCred's vision to provide investors with access to the best investment opportunities possible in the Indian markets. The fund's launch will be followed by other quant strategies from the InCred stable.

Rishi Kohli, Managing partner and chief information officer (CIO) - Hedge Fund Strategies – InCred Alternative Investments, stated that the fund will enable InCred to offer investors a superior risk-adjusted return along with portfolio diversification. This is the company's first long-short fund based on a quantitative model-driven approach with a blend of futures long-short, relative value and index strategies across various time horizons, which is unique in the market. The fund aims to provide investors with an exciting alternative to debt funds.

InCred Alternative Investments is part of InCred Capital, the institutional, wealth and asset management arm of InCred Group. The fund is expected to appeal to a wide range of investors who are seeking to diversify their portfolio and access new investment opportunities in India's financial markets.

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