Rockstud Capital enters into Portfolio Management Services

Alternative asset management firm, Rockstud Capital, on Tuesday announced its entry into Portfolio Management Services and is set to launch an open-ended concentrated PMS portfolio called Rockstud Capital Yuva Bharat, focused on the mid and small market cap.

The fund aims to invest in companies based on India's GDP growth, rising middle-class income, consumption, and digital wave to cater to the aspirational set of the population by identifying and investing in high-growth sectors.

In a statement, the firm said that, "the fund will be managed by a dedicated team with over three decades of experience and will leverage its successful track record in the Rockstud Capital Investment Fund - Series I hybrid equity venture capital fund, where some investments generated multi-bagger returns over ~5x. The company has received the final license from SEBI to start its PMS business operations."