About

16 Alpha Alternatives Technologies Fund I is a SEBI-registered Category III Alternative Investment Fund driven by a fully systematic, technology-led investment framework.

The Fund employs proprietary quantitative models to construct and manage diversified Indian equity portfolios through disciplined, rule-based execution.

Minimum commitment: ₹1 Crore. Capital is accepted from a limited group of select, long-term aligned investors only.

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.

July 1st, 2023

Live Testing Begins

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

September 2024

SEBI AIF Approval

Received SEBI Category III AIF license in September 2024, validating the fund’s structure and enabling outside investor participation.

February 25th, 2025

Fund Launch Day

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

25th February 2026

Outperformance with Lower Risk

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.