Emkay Investment Managers launches SMID Cap Growth Engine Fund
Emkay Investment Managers
Limited (EIML) has announced the launch of the
Emkay SMID Cap Growth Engine Fund
. EIML aims to raise Rs 500 crore to Rs 1,000 crore from this latest fund during FY26.
The product seeks to achieve
long-term capital appreciation
by investing primarily in small-cap and mid-cap securities. Under this PMS and AIF offering, investments are made in
equities and equity-related instruments
, with a balanced and well-diversified portfolio constructed based on fundamental research.
Also Read |
How a Rs 50,000 Monthly SIP for 20 years can grow to Rs 5 crore, explains Vijay Kedia
Best MF to invest
Looking for the best mutual funds to invest? Here are our recommendations.
View
Details
»
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Neuvěřitelné: Kalkulačka okamžitě ukáže hodnotu vašeho domu [podívejte se na to]!
tržní hodnota mého domu
Kliknout zde
Undo
The strategy follows a bottom-up stock-picking approach, supported by extensive fundamental analysis, including an in-depth study of the business, management, and valuation.
The fund will be benchmarked against the S&P BSE 500 TRI, and investors are advised to have an investment horizon of two to three years. It will be managed by
Manish Sonthalia
and Kashyap Javeri.
Live Events
Small & Mid Cap (SMID) investing offers broader exposure to India's growth story through innovation, digitalisation, capex, and consumption, providing more opportunities for alpha generation compared to large caps. These sectors are expected to benefit from macro tailwinds such as easing inflation, declining interest rates, rising household income, and liquidity measures, all of which support market revival and higher growth.
Given that SMID companies often rely more on borrowings for operations and expansion, they are typically more sensitive to interest rate cycles, positioning them to recover faster and potentially outperform in an environment of moderating inflation and falling rates.
According to EIML, mid- and small-cap companies are poised for positive growth over the next 3–5 years, making them a compelling investment opportunity. The firm also highlights that mid- and small-cap stocks have delivered robust returns over the past five years. Furthermore, EIML notes that the current macroeconomic environment and supportive valuations offer an attractive entry point for SMID investments—especially after the recent market correction.
Also Read |
Gold prices may fall 12-15% in next 2 months, warns Quant Mutual Fund
As of March 2025, small-cap and mid-cap
mutual funds
(MFs) together account for over 30% of total equity flows, a sharp increase from just 5% a year ago. The dual support from foreign institutional investors (FIIs) and mutual funds makes this rally far more sustainable. Strengthening flows into SMID segments indicate that select opportunities in small- and mid-cap stocks could outperform over the medium term.
'SMID offers a compelling mix of growth potential, valuation comfort, and supportive macro trends, making it a strong candidate for investment. The fund follows a focused bottom-up stock-picking approach, backed by in-depth fundamental research and our proprietary E-Qual Framework—arguably the only framework of its kind in India—to objectively score management quality,' said Manish Sonthalia, Director & Chief Investment Officer, Emkay Investment Managers.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
NDTV
40 minutes ago
- NDTV
How Much Will Home Loan EMI Drop After RBI's Repo Rate Cut
New Delhi: If you have a home loan, your EMI is set to reduce by over Rs 1,500 a month thanks to the Reserve Bank of India's latest move. With the central bank cutting the repo rate by 50 basis points -- from 6 per cent to 5.5 per cent -- banks are expected to lower interest rates on loans. For a Rs 50 lakh home loan over 20 years, this could mean monthly savings of Rs 1,569 and annual savings of nearly Rs 19,000, offering much-needed relief to borrowers amid high living costs. The repo rate is the interest rate at which the RBI lends money to commercial banks. A reduction in this rate makes borrowing cheaper for banks, which in turn allows them to offer loans to customers at lower interest rates. This directly impacts borrowers, especially those with home loans linked to repo-based lending rates (RBLR). Let's break this down with a practical example. Suppose you have a home loan of Rs 50 lakh at an interest rate of 8.5 per cent for a tenure of 20 years. Your monthly EMI in this case would be around Rs 43,391. Now, after the 50 basis points cut in the repo rate, if the bank reduces your interest rate to 8 per cent, your new EMI would come down to approximately Rs 41,822. Gaurav Gupta, Secretary of CREDAI (Confederation of Real Estate Developers' Associations of India), welcomed the RBI's monetary decision, saying that the rate cut will help reduce borrowing costs for home buyers. Beyond just lowering monthly payments, it will improve housing affordability across the country. He further added that a drop in interest rates not only benefits individual buyers but also boosts overall sentiment in the real estate sector, which positively impacts multiple industries connected to it. Importantly, it's not just home loans that will get cheaper -- personal loans, auto loans, and other types of retail borrowing will also see reduced EMIs as a result of lower interest rates. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Time of India
40 minutes ago
- Time of India
Vadaj land prices up 15-fold in 10 yrs, Kandla port trust surrenders plot
Ahmedabad: In proof of the city's booming real estate market, land prices in the western areas have skyrocketed over 15 times in just one decade, forcing Deendayal Port Trust (DPT) in Kandla to surrender a prime plot in Vadaj back to the Ahmedabad Municipal Corporation (AMC). Tired of too many ads? go ad free now This price increase came to light when the AMC's standing committee approved the DPT's request to surrender a 1,945 sq m plot in Vadaj village on Thursday. The plot, originally allocated in 2010 for a guesthouse at Rs 14,000 per sq m, was revalued at Rs 2,15,927 per sq m in 2020 — a 1,442% increase. If the plot were to be revalued again, the price could potentially be higher. The case dates back to July 2010 when the standing committee approved allocation of the plot in Naranpura TP Scheme No. 29 to DPT. The AMC set a reserve price of Rs 14,000 per sq m but included a condition requiring payment of any additional amount determined through govt revaluation. DPT initially deposited Rs 2.72 crore based on the reserve price and took possession in Jan 2011. However, the promised revaluation became a decade-long saga. "Despite the municipal corporation writing to the state govt's valuation department approximately eight times between 2010 and 2019, no assessment was conducted. The valuation finally occurred in 2020, revealing the huge price appreciation," an official said. "Following the 2020 valuation, DPT faced a massive financial burden. It was required to deposit Rs 39.27 crore to cover the price difference and an additional Rs 84 lakh for valuation process expenses. DPT appealed to pay up based on the old reserve price, but authorities rejected the request," the official added. DPT compounded its troubles by failing to fulfil the land agreement's construction requirement. Tired of too many ads? go ad free now The agreement mandated building construction within two years of possession for the designated purpose, but this was not done, in clear violation of the terms. So AMC ordered that the amount be deposited based on the valuation. It stated that proceedings to reclaim the plot will be initiated if DPT fails to deposit the amount. This prompted DPT to propose surrendering the property instead. "The standing committee's approval of DPT's proposal means the AMC will now reclaim the plot while returning the remaining amount to DPT after deducting valuation expenses from the amount deposited in 2010," an AMC official said.
Time of India
40 minutes ago
- Time of India
Soon, mobile-friendly system to detect counterfeit notes
Ahmedabad: Over the years, Gujarat, and India as a whole, have seen several methods to pass off fake notes as real ones, with some even making a business out of it. Senior city police officials said Ahmedabad police's Special Operations Group (SOG) files cumulative cases periodically after seizing fake Indian currency notes (FICN) detected in the banking channels. "The highest denomination currency notes are often the most-used ones. After the discontinuation of bigger denominations, now Rs 500 is the biggest note, and thus the focus is on the note, along with the most circulated one – Rs 100. Notes of both the denominations have multiple security features that undergo scrutiny, and mostly the currency counting machine identifies the FICN," said a senior official. "Often, the material of the note and its security features also flag the forgery. " An identification system developed by researchers at the National Forensic Sciences University (NFSU) takes a different approach by using technology — it uses the serial number on the currency note to check with a central database to flag all the instances where a specific number has featured on the suspected FICN list. A team primarily from NFSU was granted an Indian patent for the method of identification. "The proposed system maintains a comprehensive historical database of scanned entities by users, ensuring consistent and scalable verification. Its real-time alerts notify users and authorities promptly, enhancing responsiveness. Designed to be mobile-friendly, rapid and cost-effective, the technology can help in sectors such as banking, retail, logistics and law enforcement," said a senior NFSU official. Sources said that govt agencies will now be approached for possible collaboration. Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !
