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'Correction could be more prolonged in mid and small caps' UTI AMC's Ajay Tyagi believes that mid- and small-cap valuations remain elevated, despite the recent correction

Growth Investor  |   11-Feb-2026

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'Correction could be more prolonged in mid and small caps'

UTI AMC's Ajay Tyagi believes that mid- and small-cap valuations remain elevated, despite the recent correction


Ajay Tyagi is Head of Equities at UTI AMC, where he has been associated since 2000. A CFA Charterholder from the CFA Institute, USA, and a Master’s graduate in Finance from Delhi University, he has handled diverse responsibilities across equity research, offshore mandates and domestic equity funds. Over the years, he has earned multiple industry recognitions for performance in both Indian and global strategies. He currently manages UTI’s flagship equity scheme in India and serves as the Investment Advisor to UTI International’s India-dedicated offshore funds.