Markets can sustain at current levels if earnings deliver: Swati Kulkarni

Though mid-and small-cap cos are at a higher valuation as compared to large caps, one can find value in select pockets, she says

Corporate earnings and the outcome of the Karnataka polls are two big events back home that are likely to keep the markets choppy in May. SWATI KULKARNI, executive vice-president and fund manager – equities, UTI Mutual Fund tells Puneet Wadhwa in an interview that though mid-and small-cap companies are at a higher valuation as compared to their large-cap peers, one can still find value in select pockets. Edited excerpts:

What has been your investment strategy thus far in calendar year 2018 (CY18)?

We have not changed our investment strategy in the last six months. In UTI Mastershare, we follow ‘Growth