Hyderabad, Dec 27 (PTI) Mahindra Asset ManagementCompany Pvt Ltd (MAMCPL), the investment manager to MahindraMutual Fund, today said it will launch a mid-cap fund nextmonth.The 'Mahindra Unnati Emerging Business Yojana', anopen-ended equity scheme, will open on January 8, 2018 andclose on January 22.The scheme will reopen for continuous sale andrepurchase from February 6, 2018, Mahindra AMC ManagingDirector and Chief Executive Officer Ashutosh Bishnoi said ata press conference.MAMCPL is a wholly owned subsidiary of MahindraFinance, a part of the USD 19 billion Mahindra Group."In a relatively sluggish macro-growth environment,the mid-cap companies have shown higher earnings growthcompared to large-caps. We do see enough scope for stock-specific investment opportunities in the mid-cap space,especially in those segments that have multi-year structuralgrowth outlook," Bishnoi said.The fund would give investors an opportunity to participate in the growth story of today's emerging companies which have the potential to become market leaders in the future, he added.

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