Emkay Investment Managers Limited (EIML), the asset management arm of Emkay Global Financial Services, has unveiled its latest financial offering with the introduction of the Emkay Capital Builder Fund, an open-ended category III Alternative Investment Fund (AIF)

Set against a backdrop of robust market conditions and increasing investor interest in alternative investment avenues, EIML aims to mobilize Rs 500 crores over the next 6 to 8 months through this new initiative.

The Emkay Capital Builder AIF is structured to focus on generating long-term capital appreciation by investing in a diversified portfolio comprising equity and equity-related securities. This multi-cap portfolio is expected to encompass approximately 20-25 carefully selected stocks.

Building on its track record of success, EIML has previously raised over Rs 450 crores across four series of its close-ended AIFs, delivering impressive returns totalling more than Rs 740 crores (pre-tax) to investors ahead of schedule.

Speaking on the strategic alignment between the new AIF and its existing portfolio management services (PMS), Sachin Shah, Executive Director & Fund Manager at Emkay Investment Managers Limited, emphasized, "Leveraging our proven bottom-up stock-picking strategy and the robust E-Qual model to manage risks related to management quality, we aim to craft a winning portfolio that delivers sustainable returns."

Emkay Investment Managers Limited already manages the Emkay Capital Builder PMS, which is similar to the AIF's investment philosophy. Currently, the PMS portfolio is predominantly allocated across financial services, pharmaceuticals, and IT sectors, with large-cap stocks constituting 70% of its holdings. Since its inception in April 2013, the PMS has achieved a compounded annual growth rate (CAGR) of 16.75%, consistently outperforming major indices such as Nifty 50 and BSE 500 TRI by 6.6% and 1.6% respectively over the last three years. Investors should refrain from extrapolating the potential returns of the new AIF based solely on the historical performance of the PMS.

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