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HomeNewsBusinessUnifi Asset Management, a wholly owned subsidiary of Unifi Capital, receives SEBI license to start mutual fund operations

Unifi Asset Management, a wholly owned subsidiary of Unifi Capital, receives SEBI license to start mutual fund operations

With a blend of personnel from the group and strategic external hires, Unifi Capital has built an experienced team that aligns with its ethos of delivering consistent performance and exceptional service to its investor clients.

November 18, 2024 / 13:08 IST
Unifi Asset Management P Ltd, a wholly owned subsidiary of Unifi Capital, receives SEBI license to start their mutual fund operations

Unifi Asset Management Pvt Ltd has received the final registration from the Securities and Exchange Board of India (SEBI) to commence its mutual fund operations.

Sarath Reddy, Founder of Unifi Capital said, “After 23 years as a portfolio manager, it’s a very logical moment in our institutional journey to establish a mutual fund that will complement our time-tested services. A strong and independent MF team is in place and completely ready to take Unifi’s core absolute value investing process to those looking for a specialist fund focused on niche and rewarding opportunities. What excites our team the most is the chance to make a mark as an outstanding and consistent performer for a wider audience.”

With a blend of personnel from the group and strategic external hires, Unifi Capital has built an experienced team that aligns with its ethos of delivering consistent performance and exceptional service to its investor clients.

“Through our mutual fund offering, we will play to our well-established strengths in deep bottom-up research to cater to the diverse needs and risk profiles of investors. We will deliver a high standard of excellence, placing the client experience manifestly front and center. Our vision is to provide an asset management service, not a product.” said George Alexander, CEO, Unifi Mutual Fund.

Saravanan Viswanathan, Chief Investment Officer at Unifi Mutual Fund, added, "Having traversed multiple economic and business cycles, the fund management team is firmly wedded to our philosophy of investing in ‘Growth at a reasonable price’ and our process of rigorous bottom-up research. Our emphasis on absolute risk-adjusted returns and discernible earnings growth rather than sentiments and momentum will enable consistent performance”.

Unifi was established in 2001 as a registered portfolio manager. Our core DNA of active management with an unrelenting focus on ‘absolute valuation’ and risk control is central to our consistent and outstanding performance. The assets under management (AUM) as of 31st October 2024 is about Rs 27,000 Cr (USD 3.2Bn) in equity and debt via its PMS and AIF platforms in India and abroad. We are a team of 155, with exceptional research capability and operational precision. Our sizeable team of experienced investment professionals help clients traverse market cycles based on their knowledge of market behaviour and the businesses we own. The firm is employee owned and managed. Unifi has no professional interests outside of asset management and values its independence to make investment decisions based purely on merit.

Our approach has served our clients well over the years, and we have been able to expand our presence over the past 23 years to Bangalore, Hyderabad, Mumbai, Delhi, Kolkata, Pune, Ahmedabad and GIFT city (Gandhinagar).

" THIS ARTICLE IS NOT WRITTEN BY MONEYCONTROL"

first published: Nov 18, 2024 01:07 pm

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