About 16 Alpha

A systematic investment platform built on research, discipline, and a fully algorithmic process.

Overview

16 Alpha Alternatives Technologies Fund I is a SEBI-registered Category III AIF deploying a systematic, algorithm-driven long-only strategy across Indian equities.

The platform has since expanded with 16 Alpha Alternatives Technologies Fund II, a Category III AIF that pursues a more opportunistic mandate while preserving objective, rules-based decision-making, continuing the firm’s data-driven and systematic approach to investing.

We are deliberately selective about the capital we manage.

16 Alpha partners only with a select group of sophisticated investors, family offices, and institutions who share our systematic, research-driven investment philosophy. We do not seek to work with everyone; we seek to work with the right partners, preserving alignment and discipline.

Founders Corner

Mr. Pushan Jain

Founder

Pushan Jain is the Founder of 16 Alpha and the Co-Founder of Sixteen Alpha AI, a financial technology company building AI-native investment systems for Indian equities. He presently oversees the fund and drives the group’s innovation initiatives in systematic and AI-driven investing. He also serves as Investment Lead at Jainsons Group, a diversified business conglomerate with a legacy since 1942. Pushan earned his Bachelor’s degree in Finance from the Leonard N. Stern School of Business, New York University, followed by a Master’s in Real Estate Development from the NYU Schack Institute of Real Estate.

Team

Ashish Singla

General Partner

Co-Founder & Managing Partner, Kredstone Asset Management and N+1 Capital. Ex-Max Ventures, Mandala Capital. Kellogg MBA.

Abhishek Ravi

Investment Committee

Chartered Accountant. Fund structuring expert. Partner, Ravi Rajan & Co.

Mr. S. Ravi

Investment Committee

Ex-Chairman, BSE. On the Boards of HAL, ONGC, LIC, IDBI. Founder, Ravi Rajan & Co.

Timeline

Early 2022

Ideation Begins

Started building 16 Alpha in early 2022 to create a fully systematic, rule-based investment platform for Indian equities.

April 2023

Algorithm Completed

By April 2023, the proprietary 16-metric algorithm was ready, ranking all listed companies in real time using fundamental data.

1st July 2023

Live Testing Begins

Launched first live portfolio on 1st July 2023 using personal capital. Delivered a 69.46% return over the first 12 months.

September 2024

Fund I SEBI Approval

16 Alpha Alternatives Technologies Fund I received SEBI Category III AIF license in September 2024, validating the fund’s structure and enabling outside investor participation.

25th February 2025

Fund I Launch

25th February 2025 marked the only discretionary call; outside investor capital deployed. All future decisions are fully systematic and automated.

25th February 2026

Fund I First Year

From our first investment on 25th February 2025 to 25th February 2026, the fund delivered 14.09% return (including dividends). In a highly volatile year, we generated +4.07% alpha over the BSE Sensex, +4.88% over the Nifty Smallcap 250, and outperformed the Nifty 50, Nifty Midcap Index, and BSE 500, with lower drawdowns and reduced volatility relative to indices. Year one has strengthened our conviction that a disciplined, fully algorithmic framework can perform not just in stable markets, but in uncertain environments.

16th March 2026

Fund II SEBI Approval

SEBI takes on record the Private Placement Memorandum for 16 Alpha Alternatives Technologies Fund II, a Category III AIF, expanding the 16 Alpha platform with a second investment strategy.

10th August 2026

Fund II Launch

Capital deployed and 16 Alpha Alternatives Technologies Fund II commenced operations as our second SEBI-registered Category III AIF.

10th October 2026

Fund II First 60 Days

In its first 60 days, Fund II delivered a return of +4.52%, compared to -8.02% for the Nifty 50 and -3.83% for the Nifty Smallcap 250 over the same period. The strategy is entirely long-only, generating positive returns in a declining market without taking any short positions.

Since inception, 10 Aug 2026 to 9 Oct 2026 (60 days)
Series	Return	Sharpe	Max Drawdown	Outperformance
16 Alpha Fund II	+4.52%	10.04	-0.02%	–
Nifty 50	-8.02%	-4.59	-9.20%	+12.54%
Nifty Smallcap 250	-3.83%	-1.66	-5.63%	+8.35%

Source: 16 Alpha internal performance data. Benchmarks: Nifty 50 and Nifty Smallcap 250 over the same period.