Welcome To AQUA Adaptive. Quantitative. Unbiased. Alpha.

India's First and Only Style Agnostic and Style Adaptive Equity Strategy.

Harness the power of a state-of-the-art Quant-Based Long-Only Equity Strategy, built on pillars of a rules-based, repeatable, data-driven investment process.

India's first style-agnostic strategy that dynamically changes its style to adapt to the prevailing investment regime.

We’d love to hear from you!
Why Invest in AQUA?
01Dynamic Sector and Theme Rotation
Our strategy captures alpha by dynamically rotating sectors and themes based on market conditions.
02Smart Beta Approach
Our strategy employs smart beta techniques for risk management, alpha generation, and providing resilience across market cycles.
03Benchmark Agnostic
Diverse exposure across markets and invests across large, mid, and small caps. It is not constrained by benchmark weights.
04Quantitative Edge
We blend traditional investing wisdom with quantitative techniques, leveraging superior technology to enhance outcomes and manage risk.
05Portfolio Approach
Alpha generation at a portfolio level vs just individual stocks.
06Adaptive and Regime Responsive
We align to prevailing investment style regimes as per changing market cycles, ensuring the strategy remains adaptable and responsive to market conditions.
07Sustainable Alpha Generation
Data-driven, rules-based strategy reacts to markets instead of anticipating them, generating sustainable alpha over time
08Multifactor Approach
Our strategy balances multiple factors, including fundamentals, technicals, valuations, risk, themes, styles, and macros, to gain an investment edge.
09Data - Driven Approach
We employ a logical, rules-based foundation that combines fundamental, technical, macro, and alternative data analytics to make investment decisions.
10Efficient Market Participation
Prudent stock selection and tactical trade spreading reduce impact costs by investing in highly liquid stocks.
Our Key Pillars
SMART Investment Philosophy

In the world of smart phones, smart TVs, smart cars and smart homes, we bring to you smart investment strategies

using a rules-based approach to eliminate emotional & behavioral biases
tested rigorously across market cycles for sustainability
that dynamically respond to changes across multiple dimensions
driven by unconstrained and objective processes
using data-driven multi-factor frameworks to enhance reliability
With AQUA you do not need to worry about
Market-Cap Bias
Dynamic allocation across large, mid, and small caps simplifies investment approach, adapting to market conditions.
Style Focus
Style-agnostic approach adapts to market conditions, outperforming across various investment styles including quality, growth, value, momentum, and low volatility.
Portfolio Volatility
Active beta management optimizes risk and returns by including appropriate high or low beta stocks based on market conditions.
Weightage of Sectors and Themes
Dynamic sector rotation model determines investment in sectors or themes, maximizing return opportunities by overweighting or underweighting based on performance and market trends.
Fundamental Evaluation
Selective fundamental evaluation prioritizes relative performance and fundamentals, ensuring strong stock selection potential compared to peers.
Fund Manager’s Biases
It eliminates emotional and behavioural biases by relying on objective, time-tested processes to drive consistency in outperformance.
Valuation Analysis
Valuations matter in stock selection; we assess both absolute and relative metrics to ensure fair pricing.
Timing your Entry & Exits
Technical strength manages risks, enhances returns for fundamentally strong stocks.
Liquidity-focused stock selection ensures sufficient exit options when necessary.
Depending only on Benchmark Weighting
Benchmark-agnostic weighting model allocates based on analysis and insights for optimal percentages.
Smart Risk
Fund Manager
Siddharth Vora

Fund Manager & Head Quant Investment Strategies - PL PMS

SEBI - registered Research Analyst, Investment Advisor, Portfolio Manager & Principal Officer. A CA, CFA and an MSc (Management in Business Excellence) from the University of Warwick, UK,