Boutique asset management firm Electrum Portfolio Managers has rolled out its Laureate Alternative Investment Fund (AIF), with plans to raise ₹500 crore from high-net-worth individuals (HNIs) within the next two years.

The new fund extends the firm’s flagship Laureate PMS strategy to a wider investor base in a more flexible AIF format. It will adopt a benchmark- and sector-agnostic approach, relying on bottom-up stock selection rooted in the Growth at a Reasonable Price (GARP) investment style.

“As it’s an open-ended fund, our longer-term goal is to scale up to ₹1,000 crore within three to four years,” said Arpit Agarwal, Co-Founder & CIO of Electrum.

The strategy focuses on under-researched small- and mid-cap companies with strong fundamentals, steady cash flows, and significant growth potential — qualities Electrum sees as essential for sustainable wealth creation.

As of June 30, 2025, Electrum managed ₹794 crore in assets. The Laureate AIF will target long-term capital appreciation through a research-intensive process designed to minimise emotional bias and navigate market volatility.