Well run mid- and small-caps seeing strong growth: Emkay Investment CEO

Global interest rates are likely to remain benign for long, says Vikaas Sachdeva in interview.

Vikaas Sachdeva, Chief Executive Officer of Emkay Investment Managers, sees "the search for alpha" driving sophisticated investors to the alternates industry. Sachdeva, in an interview with Ashley Coutinho, said there is a strong undercurrent of growth among mid- and small-cap companies, which will benefit from consumption growth. Edited excerpts:

Nifty has gained more than 5 per cent year to date. What’s your view on the markets?

The earnings along with strong foreign flows over the last few months have helped equities gain. We believe that with capex-focused Union Budget and support provided by the government to consumption, the outlook for