“Unifi Mutual Fund was founded with a clear purpose to bring a focused, research-driven active fund management approach that will provide investors the confidence to navigate the ever-changing market landscape,” said a release.
“The Flexicap fund is our singular offering in the equity segment and enables us to stay focused on achieving long-term capital appreciation. Our portfolio construction approach would be to typically have 40 to 60 positions across 5 or more sectors offering growth tailwinds and reasonable valuations. We aim to strike a right balance between bottom-up stock selection and being mindful of the benchmark,” said Saravanan V N, CIO, Unifi Mutual Fund. Unifi Mutual Fund is part of the Unifi Group, an asset management firm that has been operating for over two decades. It has an AUM (assent under management) of over Rs. 25,000 crore.
“Working with a few select funds ensures utmost focus on performance. Multiple funds with multiple goals create distractions, so we focus all our best investment ideas into our single fund instead of having to spread them across multiple funds. A Unifi client doesn’t have to figure out which of our funds is the ‘good one’. We are not about offering new products; we are here to deliver an ongoing service that combines performance with client centricity,” said George Alexander, CEO, Unifi Mutual Fund.
Unifi Mutual Fund launched its first fund – Unifi Dynamic Asset Allocation Fund – two months ago and it already has an AUM of Rs. 600 crore. The Flexicap Fund is the second of three funds that it intends to launch in its initial phase.
