India’s Contract Research Development and Manufacturing Organisation (CDMO) industry is set for a significant boom, with an estimated $6 billion opportunity over the next three years, according to Madhu Kela, Founder of MK Ventures. He said that India currently holds just 4% of the global CDMO industry, presenting vast potential for growth. The total global […]
Bajaj Finserv AMC eyes pharma & consumption opportunities, turns cautious on IT – CNBC TV18
Healthcare and consumer-related companies are good places to invest a large amount of money right now because these sectors are growing, says Nimesh Chandan, CIO of Bajaj Finserv AMC. However, he is worried about the IT sector due to new trade rules in the US that could slow down their business. Chandan is particularly optimistic […]
More RBI rate cuts likely until demand improves: ICICI Prudential AMC – CNBC TV18
The Reserve Bank of India (RBI) is anticipated to implement two more interest rate cuts to stimulate the Indian economy, according to Manish Banthia, CIO of Fixed Income at ICICI Prudential AMC – which manages funds worth $2.3 billion. However, future policy adjustments will depend heavily on the economic data, as monetary policy operates with […]
A $22 billion fund manager expects this sector to bounce back by end of the year – CNBC TV18
Vineet Sambre, Head of Equities at DSP Mutual Fund, which manages over $22 billion, expects the consumption sector to recover by year-end. He acknowledges the ongoing uncertainty, citing “shifting wallet shares and changing spending patterns.” To navigate this, he suggests investors build a diversified portfolio of consumer discretionary stocks, anticipating that tax benefits and welfare […]
A $44 billion fund manager sees long-term value in these sectors – CNBC TV18
Harish Krishnan, Co-CIO and head of Equity at Aditya Birla Sun Life Mutual Fund, which manages over $44 billion in funds, sees strong long-term potential in the metals sector despite recent market fluctuations. Krishnan noted that while metals have already performed well, they remain attractive due to policy shifts, fiscal support, and evolving market dynamics. […]
Indian market correction is temporary, not a bear phase, says Envision Capital’s Nilesh Shah – CNBC TV18
The Indian market is currently undergoing a correction, but not entering a bear market, says Nilesh Shah, Managing Director and CEO at Envision Capital — which manages funds worth ₹1367.27 crore. “I would be in the correction camp,” he said. He considers corrections of 15-20% as “pretty much powerful” and a normal occurrence even in […]
FIIs may return to Indian markets in the second half as valuations stabilise: Manulife’s Charlie Dutton – CNBC TV18
Foreign institutional investors (FIIs) are expected to return to Indian markets in the second half of the year as valuations normalise, according to Charlie Dutton, Head of Emerging Markets at Manulife Investment Management. Despite recent sell-offs, he sees India as a strong long-term investment destination, with opportunities in midcap stocks, internet platforms, and IT outsourcing […]
This $15 billion fund’s CIO sees the market nearing a bottom, shares top sector bets – CNBC TV18
Despite concerns over high valuations in smallcap and midcap stocks, Venugopal Manghat, CIO-Equity at HSBC Mutual Fund, believes the market is nearing a bottom and offers strong investment opportunities. HSBC Mutual Fund, which manages $15 billion in assets, remains optimistic about India’s long-term economic trajectory. Manghat sees consumer discretionary and financial services—especially non-lending financial firms—as […]
Ambit’s Dhiraj Agarwal on why stock pickers face a tough market this year – CNBC TV18
The equity markets will put stock pickers to the test as the gap between expensive and reasonably valued stocks remains wide, says Dhiraj Agarwal, MD of Ambit Investment Managers. He advises investors to look beyond sector trends and focus on individual stocks with fair valuations and steady earnings growth. Agarwal highlights that the year will […]
Quant MF reshuffles fund management across 27 schemes – CNBC TV18
Quant Mutual Fund has reassigned fund management responsibilities for its 27 schemes. The changes follow the resignation of Vasav Sahgal as Fund Manager – Equity and Director of Quant Money Managers, effective January 31. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest […]