The Wealth Company Mutual Fund launches Large & Mid Cap Fund; NFO opens May 21

The Wealth Company Mutual Fund, part of the Pantomath Group, has announced the launch of its Large & Mid Cap Fund, an open-ended equity scheme that will invest in both large-cap and mid-cap stocks. The New Fund Offer (NFO) will open on May 21 and close on June 4. 

The scheme aims to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of large-cap and mid-cap companies. As per the fund structure, at least 35% of the portfolio will be allocated each to large-cap and mid-cap stocks, allowing investors to benefit from the stability of established companies as well as the growth potential of emerging businesses. 

The launch marks the 10th fund introduced by the asset management company within just 10 months of operations, underlining its rapid expansion in the mutual fund space. 

According to the AMC, the fund will follow an actively managed investment strategy that combines bottom-up stock selection with top-down analysis of structural trends. The investment framework is based on what the company describes as a “private equity-style research approach” focused on identifying scalable businesses with strong governance standards, execution capabilities and long-term growth potential. 

“Our view is that the Indian economy is entering a phase where sectoral leadership will continue to evolve rapidly,” said Madhu Lunawat, Founder, MD and CEO, The Wealth Company Mutual Fund. “Through this fund, we aim to identify tomorrow’s market leaders through a private equity lens while offering investors balanced exposure to both large-cap resilience and mid-cap growth opportunities,” she added. 

The fund’s investment framework is built around the AMC’s proprietary C.H.A.N.G.E philosophy, which evaluates companies on parameters such as management quality, valuations, governance practices, earnings growth and execution strength. The portfolio will remain sector-agnostic, giving fund managers flexibility to capture opportunities across changing economic and business cycles. 

Commenting on the strategy, Aparna Shanker, CIO – Equity, The Wealth Company Mutual Fund, said the fund aims to build a high-conviction portfolio of scalable businesses with strong governance standards. She added that the large and mid-cap category offers an opportunity to combine established market leaders with emerging companies that could become future large caps. 

The scheme will be benchmarked against the NIFTY Large Midcap 250 TRI.