Emkay launches SMID Cap Growth Engine Fund, eyes ₹500–1,000 crore AUM by FY26

Emkay Investment Managers, the asset management arm of Emkay Global Financial Services, on Tuesday announced the launch of the ‘Emkay SMID cap growth engine fund’, targeting ₹500-1,000 crore assets under management (AUM) in 2025-26.

The open-ended fund will be available under both the Alternative Investment Fund (AIF) and Portfolio Management Services (PMS) routes. It seeks to achieve long-term capital appreciation by investing primarily in small—and mid-cap securities.

Emkay expects macro tailwinds, such as easing inflation, declining interest rates, and rising household income boosting consumption, to create a favourable environment for investment in the small and mid-cap segment over the next 3-5 years. 

Published on June 3, 2025