Ravi Gopalakrishnan, fund manager of Canara Robecco Emerging Equities Fund, one of the best performers in the midcap category, speaks to ET.com Mutual Funds about the future of midcap space. Edited Interview.
With 42.76 per cent annual returns, Canara Robeco Emerging Equities Fund has been the top performer in the midcap category this year. Can you tell us what strategy did you follow?
Essentially, the fund has seen a stable and consistent track record for the past several years. It has been our endeavour to select companies at reasonable valuations that could become a part of the overall portfolio. Being a mid and small cap fund, we follow a bottom-up approach for stock selection to identify strong businesses with good balance sheet and invest therein.