Sign up to save your podcasts
Or
Share India's Valuation Premium, Mid and Small Cap Caution, and GARP Investing with Franklin Templeton's Ajay Argal
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
India's Valuation Premium, Mid and Small Cap Caution, and GARP Investing with Franklin Templeton's Ajay Argal
In this episode, Ajay Argal, Senior Vice President and Portfolio Manager at Franklin Templeton Emerging Markets Equity – India, shares his perspective on Indian market valuations, mid- and small-cap caution, and Franklin Templeton's investment philosophy. Managing over Rs 30,000 crore across seven schemes, including the top-rated Templeton India Value Fund and Franklin Build India Fund, Argal explains why India’s long-standing valuation premium over other emerging markets is rooted in fundamentals like higher GDP growth and consistently strong return on equity.
He also discusses:
Why India's valuation premium remains justified, though not excessive.
The risks still present in mid- and small-cap segments despite recent corrections.
How the QGSV framework (quality, growth, sustainability, valuation) and GARP style guide investment decisions.
How Franklin Templeton evaluates sustainability, long-term growth, and management quality across cycles.
The rationale behind the current large-cap tilt in funds like Focused, Value, and Dividend Yield, and how style cycles affect short-term performance.
This conversation offers valuable insights for mutual fund investors, equity market enthusiasts, and anyone looking to understand how professional fund managers navigate valuations, style shifts, and market cycles in India.
View all episodes
By Value ResearchIn this episode, Ajay Argal, Senior Vice President and Portfolio Manager at Franklin Templeton Emerging Markets Equity – India, shares his perspective on Indian market valuations, mid- and small-cap caution, and Franklin Templeton's investment philosophy. Managing over Rs 30,000 crore across seven schemes, including the top-rated Templeton India Value Fund and Franklin Build India Fund, Argal explains why India’s long-standing valuation premium over other emerging markets is rooted in fundamentals like higher GDP growth and consistently strong return on equity.
He also discusses:
Why India's valuation premium remains justified, though not excessive.
The risks still present in mid- and small-cap segments despite recent corrections.
How the QGSV framework (quality, growth, sustainability, valuation) and GARP style guide investment decisions.
How Franklin Templeton evaluates sustainability, long-term growth, and management quality across cycles.
The rationale behind the current large-cap tilt in funds like Focused, Value, and Dividend Yield, and how style cycles affect short-term performance.
This conversation offers valuable insights for mutual fund investors, equity market enthusiasts, and anyone looking to understand how professional fund managers navigate valuations, style shifts, and market cycles in India.
More shows like Value Research
View all
The Knowledge Project
2,706 Listeners
Moneycontrol Podcast
15 Listeners
Capitalmind with Deepak & Shray
12 Listeners
ThePrint
90 Listeners
In Focus by The Hindu
40 Listeners
Finshots Daily
40 Listeners
Investing Money With Max
2 Listeners
Top of the Morning
6 Listeners
The Morning Brief
16 Listeners
The SOIC Podcast
1 Listeners
Unhedged
183 Listeners
Daybreak
10 Listeners
Let's Talk Money with Monika Halan
4 Listeners
The Daily Brief
14 Listeners
The Core Report
3 Listeners