Unifi Asset Management Pvt Ltd, a wholly owned subsidiary of Unifi Capital, has received final approval from the Securities and Exchange Board of India (SEBI) to launch its mutual fund operations.
“This is a very logical moment in our institutional journey after 23 years as a portfolio manager. The mutual fund will complement our time-tested services,” said Sarath Reddy, Founder of Unifi Capital. He noted that the fund is designed to bring Unifi’s core absolute value investing process to investors seeking specialist funds with a focus on niche and rewarding opportunities.