7alpha

Institutional MFD Research & Wealth OS
AMFI • NSE Live
Quant Research Labs:
QUANTITATIVE RESEARCH ARCHITECTURE • NSE 2010–2026

A Calmer Way to Build Alpha.

Eliminate emotional timing errors, isolate persistent smart-beta factor premiums, and engineer structural tax immunity through programmatic multi-ETF architectures.

16.5 Years Daily NSE Data Synchronized
16.5Years Continuous Daily NSE Data 2010 to 2026 across 3 full market cycles
122+ Indices & Factor ETFs Comprehensive Indian smart-beta coverage
+7.12% Peak Factor Alpha Spread Midcap Momentum + Quality vs Nifty 50
26.3% Net Lifetime Tax Shield Terminal tax liability permanently eliminated
EMPIRICAL RESEARCH NOTE • 2010–2026

The Dips That Changed Everything

Across 16 years of Indian equity market cycles, 84.4% of long-term outperformance was determined not by forecasting market tops, but by systematic rule adherence during deep drawdowns.

Our empirical stress-tests analyze how maintaining a 30% tactical liquid reserve with programmatic 2.0x deployment triggers during the 2018 midcap crash, the 2020 Covid liquidity shock, and the 2022 global rate hikes converts market volatility into lasting alpha compounding.

84.4% 3-Year Rolling Alpha Win Rate
+1.43% Systematic Timing Alpha CAGR
Volatility isn’t the enemy. Lack of perspective is. When mathematical rules govern the drawdown, discipline ceases to be emotional.
7alpha Quantitative Group
Institutional Research & Backtesting Framework
Mathematical Rigor Zero Predictive Bias Rules-Based
RESEARCH PHILOSOPHY

More Evidence. Less Noise.

Traditional retail investing relies on intuitive heuristics, sensationalized commentary, and punitive single-fund FIFO tax drag. 7alpha decomposes Indian equity markets into empirical factors, algorithmic liquidity deployment, and multi-fund structural tax shielding.

INTERACTIVE RESEARCH LABS

Select an Engine to Begin

Each lab is powered by daily historical NSE order-book datasets spanning January 2010 through 2026.

01 Smart Beta

Factor Alpha Lab

Isolate persistent risk premiums across Momentum, Quality, Low Volatility, and Value. Test single factors, multi-factor blends, and dynamic momentum rotations against NIFTY 50 and NIFTY 500 benchmarks.

Lead Factor Midcap Mom+Qual 50
Historical CAGR +17.78%
Open Factor Engine
02 Tactical Timing

Market Timing Lab

Simulate algorithmic cash deployment during structural market corrections. Compare standard static SIPs against liquid reserve conversion models across rolling multi-cycle start dates.

Deployment Trigger -3% to -10% Drawdowns
Alpha Spread +1.43% CAGR
Open Timing Engine
03 Tax Architecture

Tax Alpha Lab

Bypass Indian FIFO tax traps using an 8-Fund 8-Year Vintage Architecture. Systematically harvest dip losses in recent cohorts to offset accumulated gains in mature cohorts under Sections 70 & 71, stepping up cost basis tax-free.

Fleet Architecture 8-Year Vintage Rotation
Tax Shield Scales With Capital
Open Tax Engine
RESEARCH & WHITE PAPERS (IDEAS)

Institutional Research Publications

PAPER 104 Factor Alpha

Cross-Sectional Momentum & Quality-Tilt Alpha

16-year empirical backtest combining 12-1M momentum with ROE quality filtering on Nifty 500, yielding +4.82% annualized alpha over Nifty 50 TRI.

Read Whitepaper
PAPER 201 Tax Alpha

Multi-ETF Tax Loss & Gain Step-Up Harvesting

The 8-Fund vintage fleet architecture: Eliminating FIFO lock-in and establishing a 45%+ Zero-Tax Liability Corpus Buffer on multi-decade portfolios.

Read Whitepaper
PAPER 302 Tactical Timing

Systematic SIP vs Tactical Dip Purchasing

Investigating cash drag vs dip buy discounts across 4,147 daily trading sessions from 2010 to 2026.

Read Whitepaper
16-Year Empirical Backtests
Indian FIFO Trap Immunity
Zero Predictive Bias
Daily NSE Resolution
Pure Black OLED Calibrated
₹25,000
₹5K ±₹5K Step ₹2L
TOTAL CAPITAL INVESTED Capital
₹50.00 L
199 Monthly Contributions (8-Yr Cycle)
STANDARD SIP (POST-TAX) Single Fund FIFO
₹120.03 L
9.77% Post-Tax XIRR -₹9.83L Terminal Tax
8-FUND VINTAGE (POST-TAX) 8-Year Cohort Fleet
₹121.95 L
9.94% Post-Tax XIRR Stepped Basis: ₹69.70L
NET TAX ALPHA SAVED 26.3% Tax Slashed
+₹2.58 Lakhs Saved
+0.22% Post-Tax Alpha Cross-Offsets: ₹5.96L
Primary Value Proposition Zero-Tax Liquidation Capacity

Tax-Free Liquidation Corpus: Wealth You Can Withdraw with ₹0 Tax

Under mandatory single-fund FIFO rules (Sec 45 & 112A), 97% to 99% of your wealth is locked behind oldest high-gain units—every partial withdrawal triggers immediate 12.5% tax. With the 8-Fund annual vintage rotation, recent cohorts and stepped-up tranches carry zero or negligible capital gains liability, giving you instant, completely tax-free liquidity.

8-Fund Fleet Tax-Free Capacity 55.4% Insulated from Tax
Single-Fund FIFO Tax-Free Capacity 1.2% (Trapped by FIFO)
8-Fund Zero-Tax Buffer
₹71.90 L
55.4% of Total Wealth +₹70.31L More Tax-Free than Single Fund
Single-Fund FIFO Limit
₹1.59 L (1.2%)
FIFO Trap: Capped at statutory ₹1.25L exemption. Remaining 98.8% of corpus is taxed on sale.

Post-Tax Wealth Trajectory & Tax Alpha Gap (₹ Lakhs)

Comparison of Gross NIFTY 50 growth vs Standard Single-Fund Post-Tax vs 8-Fund Vintage Harvested Post-Tax.

Gross NIFTY 50 (Pre-Tax)
Standard Single-Fund (Post-Tax)
8-Fund Vintage (Post-Tax)

Cost-Basis Step-Up Staircase (₹ Lakhs)

Demonstrates how dip loss cross-pairing and March Section 112A exemptions systematically elevate the acquisition cost base tax-free.

FIFO Trap vs. 8-Year Vintage Cohort Isolation

Interactive demonstration of how 8 isolated annual cohorts enable selective dip loss harvesting & cross-pairing.

Single-Fund Pipeline (FIFO Locked): Loss Harvesting Blocked
Lot 1 (Yr 1): +320%
Lot 2 (Yr 3): +140%
Lot 3 (Yr 5): +60%
Recent Dip Lot: -5.2%
Notice: Single-fund FIFO forces sale of Lot 1 first, incurring ₹40,000+ LTCG tax instead of booking a loss.
8-Fund Vintage Fleet (1 Fund / 12 Months): Sec 70/71 Cross-Pairing Active
Fund #1 (Yr 1)+180% (Mature)
Fund #2 (Yr 2)+110%
Fund #3 (Yr 3)+45%
Fund #4 (Active)-5.2% (DIP)
Fund #5 (Target)+28%
Fund #6 (Yr 6)+15%
Fund #7 (Yr 7)+9%
Fund #8 (Yr 8)+3%
Select 'Simulate 5% Dip Harvest' above to execute a live STCL harvest and roll into the next fund queue.

Multi-Cycle Post-Tax Alpha Matrix

Evaluates post-tax alpha, gross cross-offsets booked, and terminal tax reduction across different historical start years.

Start Year Total Invested Gross Corpus Standard Post-Tax 8-Fund Post-Tax Tax Saved at Liquidation Zero-Tax Buffer Gross Offsets Booked Standard Post XIRR 8-Fund Post XIRR Net Post-Tax Alpha Status

Recent 8-Fund Cross-Offset & Rebalancing Log (Sections 70 & 71)

Chronological transaction audit trail showing how recent cohort dip losses offset mature cohort capital gains to step up acquisition basis with ₹0 cash tax.

Date Harvest Action Dip Cohort (Loss) Mature Cohort (Gain Stepped) Reinvestment Queue Loss Booked Gain Stepped Up Net Cash Tax Paid Tax Saved (12.5%)
₹25,000
₹5K ±₹5K Step ₹2L
TOTAL CAPITAL INVESTED Capital
₹49.75 L
199 Monthly Contributions
BENCHMARK FLAT INDEX NIFTY 50
₹129.86 L
10.60% XIRR -38.4% Max DD
FACTOR STRATEGY CORPUS Smart Beta
₹260.42 L
17.72% XIRR -31.4% Max DD
NET FACTOR ALPHA Alpha
+₹1.31 Crore
+7.12% Return Spread 84.4% 3Y Alpha Win-Rate

Wealth Accumulation Trajectory (₹ Lakhs)

Direct visual comparison of Factor Selection vs. Flat Index Benchmark with shaded alpha delta.

Flat Index Benchmark
Factor Selection Strategy

Drawdown Stress-Test ("Under the Water" Curve)

Historical correction depths during Covid crash (2020), 2018 midcap crash, and 2022 inflation cycle.

Rolling 3-Year Annualized Alpha Spread (%)

Annualized excess return delivered by Factor Strategy over Flat Index across all 3-year rolling windows.

The Factor Quilt: Annual Leadership Rotation (2010–2026)

Ranked annual calendar returns (#1 to #8) across all market regimes. Illustrates factor cyclicality and the power of multi-factor diversification.

Multi-Cycle Entry Benchmark Matrix

Evaluates alpha resilience and compounding advantage across different historical market entry cycles.

Start Year Invested Flat Benchmark Corpus Factor Strategy Corpus Net Rupee Alpha Benchmark Return Factor Return Return Spread Benchmark Max DD Factor Max DD Alpha Status
₹25,000
₹5K ±₹5K Step ₹2L
Dynamic Allocation: Systematic 2.0x allocation during major market drawdowns
TOTAL CAPITAL INVESTED Capital
₹49.75 L
199 Monthly Contributions
BENCHMARK STATIC SIP 100% Equity
₹127.60 L
10.51% XIRR +156.5% Abs
TACTICAL MOMENTUM MODEL Tactical Alpha
₹151.50 L
11.94% XIRR +204.5% Abs
NET ALPHA GENERATED Alpha
+₹23.90 Lakhs
+1.43% CAGR Spread

Portfolio Corpus Trajectory (₹ Lakhs)

Direct visual comparison of cumulative wealth generated over time with shaded alpha delta.

Static 100% SIP
Tactical Allocation Strategy

NIFTY Price Level & Tactical Buy Execution Pins

Historical index level, rolling all-time highs, and pinpoint bottom deployments.

Multi-Cycle Benchmark Matrix

Evaluates alpha resilience and compounding advantage across various historical start years.

Start Year Total Invested Static SIP Corpus Tactical Strategy Corpus Net Rupee Alpha Static XIRR Tactical Strategy XIRR CAGR Spread Status
✨ High-Impact V2