Wave Asset Private Limited • Equity
Pure Alpha is an equity portfolio management service (PMS) strategy run by Wave Asset Private Limited, launched on 20 Mar 2024. As of 30 Sep 2026, it manages ₹23.73 Cr of client assets and is benchmarked against the BSE 500 TRI. Its reported trailing returns are +6.06% over 1 year (+11.68% since inception). Over 1 year, the BSE 500 TRI returned -2.33%, so the strategy is 8.39 percentage points ahead of its benchmark. The minimum investment is ₹50 Lakhs. The strategy is managed by Rohan Agarwal.
Returns and AUM as of , as reported to APMI. Last checked . Source: public PMS performance disclosures. Returns are as reported by the portfolio manager; past performance is not a guarantee of future returns.
| Period | Return |
|---|---|
| 1 Month | -2.06% |
| 3 Months | -3.03% |
| 1 Year | +6.06% |
| Since Inception | +11.68% |
| performance fee | Variable Fees: AMC: 0% Hurdle Rate: 0% Profit Sharing: 15% |
A PMS needs at least ₹50 lakh. Before you commit, get a second opinion on fees, benchmark and fit from Foliyo, a fee-only SEBI Registered Investment Adviser.
Book an intro callPure Alpha has a 1-year return of +6.06% and +11.68% since inception as of 30 Sep 2026. Past performance is not indicative of future results.
Over 1 year, Pure Alpha returned +6.06% against -2.33% for the BSE 500 TRI, 8.39 percentage points ahead. Figures as of 30 Sep 2026.
Pure Alpha is managed by Rohan Agarwal at Wave Asset. The strategy manages ₹23.73 Cr of client assets as of 30 Sep 2026.
Pure Alpha manages ₹23.73 Cr of client assets as of 30 Sep 2026.
The fee structure for Pure Alpha includes: performance fee: Variable Fees: AMC: 0% Hurdle Rate: 0% Profit Sharing: 15%.
The minimum investment for Pure Alpha is ₹50 Lakhs.
Pure Alpha was launched on 20 Mar 2024. It has a 2-year track record.
Description
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