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Business EconomyPosted at: Nov 14 2024 4:11PM


UAM gets SEBI license for mutual fund operations

Chennai, Nov 14 (UNI) The Unifi Asset Management Pvt Ltd (UAM), a wholly owned subsidiary of Unifi Capital, on Thursday said it 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”, he said, according to a release frm UAM here.
With a blend of personnel from the group and strategic external hires, Unifi Capital has built a well 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”.
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