Mumbai: Rockstud Capital, a leading alternative asset management firm, has forayed into Portfolio Management Services. The firm will launch its core equity strategy called Rockstud Capital Yuva Bharat, an open-ended concentrated PMS Portfolio with a focus on the Mid and Small market cap.
The Fund aims to invest in companies based on the theme of India’s GDP growth contributing to rising middle-class income, consumption, and digital wave to cater to the aspirational set of the population by identifying and investing in those high-growth sectors.
The fund will be managed by a dedicated team with more than a three-decade of experience and will leverage its successful track record of Rockstud Capital Investment Fund – Series I hybrid equity venture capital fund, where few of the investments had generated multi-baggers returns over ~5x. It has received the final license from the SEBI to start its PMS business operations.
The move will give a fillip to the group’s ambitions to become a full-service alternative asset management firm. The firm will be committed to creating long-term wealth for its customers by consistently delivering superior returns through a disciplined approach and applying proprietary filters in its research and portfolio management.
Speaking on the development Abhishek Agarwal, Founder, and Managing Partner of Rockstud Capital, said, “The Indian alternative asset management landscape will see massive growth in the years to come and Rockstud Capital is very well positioned to take advantage of that. Our aim is to offer a fresh approach to Portfolio Management Services. The plan is to put our clients first by providing a transparent service, designed around what is right for them while ensuring that their capital is managed prudently. We are proud to launch our PMS business and are confident that our team of experienced professionals will help us to fulfil our mission of providing our clients with access to the best alternative investments available. The Indian economy is on the cusp of a unique growth story and the number of wealthy Indians is on the ascent. This makes PMS business an inevitable opportunity for us to add to our business lines.”
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