"In small caps, we like to evaluate if the stock can double in three to four years"

Manish Gunwani, who joined Bandhan AMC as head of equities earlier this year, has brought about a remarkable transformation in their equity schemes. In our recent interview with him, we delve into the changes he introduced at Bandhan, the enhanced performance of their equity funds, his overarching investment strategy, and current market perspectives. Here is an excerpt from the interview. Bandhan Core Equity Fund and Bandhan Small Cap Fund moved to the first quartile after you took over them. How did you reverse the underperformance of the latter, in particular? On a broader level, the performance has been helped by our investment in building up an experienced research team, which has led to deeper and wider coverage of stocks. More specifically, this calendar year, the