The investment manager, which oversees about ₹18,300 crore across portfolio management services and alternative investment funds, plans to raise the maiden fund in the next 12-18 months. It will focus on profitable companies seeking ₹100-300 crore of growth capital, a segment the firm believes has become underserved as private equity funds have grown larger.
UTI AMC’s V Srivatsa warns against midcap valuation, says risk-reward better in largecaps
The mid cap also is expected to grow in similar lines and trades at 50% premium to large caps. While the longer-term outlook for mid