homevideos Newsmarket NewsStrong players in financials space will emerge stronger from this crisis: UTI AMC
Strong players in financials space will emerge stronger from this crisis: UTI AMC
“Financials is one of the place where significant degree of consolidation is happening, the stronger names are going to emerge with stronger than industry growth rates, better outcome and valuations there will give some margin of comfort,” said Vetri Subramaniam, Group President & Head-Equity at UTI AMC in an interview to CNBC-TV18.
“Financials is one of the place where significant degree of consolidation is happening, the stronger names are going to emerge with stronger than industry growth rates, better outcome and valuations there will give some margin of comfort,” said Vetri Subramaniam, Group President & Head-Equity at UTI AMC in an interview to CNBC-TV18.
Speaking about the new UTI Smallcap Fund, he said, “This is a good time to introduce a smallcap fund as it’s an interesting space and area which requires a lot more research.”
According to him, this is an area with low research coverage and low institutional ownership.
“This is a fund where we would look to have about 65-80 percent of funds to be invested in smallcaps and balance 20-35 percent of funds in midcap companies,” said Subramaniam.
For entire interview, watch video
(Edited by : Santosh Nair)
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