Pratik Jagdish Dharmshi, Fund Manager – Equity at Union Mutual Fund, visited our office this morning. He currently manages the Small Cap Fund, Large & Midcap Fund, Focused Fund, Midcap Fund, Business Cycle Fund, and Retirement Fund at Union MF, having joined the firm recently. Our discussion covered the recent downturn in the Small & Midcap segment, current valuations in the SMID space, and the potential timeline for recovery. Given his successful track record in previous roles, we extend our best wishes for his new assignment at Union MF.