Value Research

In this episode, Meenakshi Dawar—Senior Fund Manager, Equity Investments at Nippon India Mutual Fund—shares her market outlook and investment strategy amid today’s uncertain environment. With over ₹22,000 crore in AUM, she manages the four-star-rated Nippon India Aggressive Hybrid Fund and Nippon India Value Fund.

Meenakshi discusses:

Why Indian markets are in a consolidation phase

How she’s managing risk amid stretched valuations and slower growth

Her top-down sector and bottom-up stock selection framework

How to avoid value traps and identify undervalued opportunities

Why she’s bullish on power and consumer durables

The differences in positioning between Nippon’s Value, Flexi Cap and Aggressive Hybrid Funds

Risk management in mid- and small-cap allocations

Whether you're a long-term investor or tracking tactical opportunities, this conversation is packed with real insights from one of India's top-performing fund managers.

What should a retiree’s investment plan really look like? And how do you invest when the next market cycle might look nothing like the last?

In this episode, Rajeev Thakkar, CIO of PPFAS Mutual Fund, joins us to talk about their Dynamic Asset Allocation Fund — a strategy designed not for market timing, but for real-life goals like cash flows, capital preservation, and inflation protection.

We explore:

Why equity returns aren't guaranteed in the short term

How PPFAS balances debt and hedged equity

The logic behind staying in the 35–65% equity tax bracket

Why this fund may underperform in bull markets — by design

And who it’s really meant for: conservative investors, especially retirees

If you’re looking for a calmer, more predictable way to stay invested — this episode is for you.

Despite all the noise, equity remains misunderstood by most savers

In this episode, we speak with Deepak Shenoy, Founder of Capitalmind Mutual Fund, about:

Why Capitalmind transitioned from PMS to launching a fund house

How their investing philosophy blends data, market sentiment, and adaptability

The quantitative engine powering their Flexicap Fund

What sets their approach apart in a crowded flexicap category

Who should invest—and who shouldn’t

We also dive into factor investing, momentum strategies, and how their fund dynamically shifts between large-, mid-, and small-cap stocks using market regime indicators.

Whether you're a mutual fund enthusiast, a DIY investor, or a curious listener looking to understand the future of quantitative investing in India, this episode offers a front-row view into how a new-age fund house is thinking differently.

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SIPs promise long-term wealth—but are you unknowingly sabotaging your own returns? 

Agrawal manages over ₹1.54 lakh crore across four schemes and shares the behind-the-scenes decision-making that fuels his dynamic asset allocation, sector rotations, and the unique top-heavy-yet-diversified portfolio structure he favours. From the fund’s evolution post-Prashant Jain to navigating premium valuations and recovering from past missteps, Agrawal gets candid about what it takes to deliver consistent absolute returns in today’s volatile market.

Whether you’re an investor in HDFC BAF, exploring multi-cap or large & mid-cap funds, or simply curious about how top fund managers navigate cycles—this conversation is a masterclass in real-world portfolio management.

 Topics Covered:

What’s driving HDFC BAF’s 75% return and outperformance

Balancing growth, valuation, and downside protection

How dynamic sector calls shaped HDFC Large & Mid Cap Fund

Avoiding liquidity traps in mid- and small-cap spaces

The philosophy behind maintaining 200+ stock portfolios

How Balanced Advantage Funds truly work (and why they’re misunderstood)

Lessons learned from underperformance and course correction

Bhagat also explores the regulatory tweaks needed to boost NPS participation, what first-time investors should look for in a pension fund manager, and why the industry has the potential to grow from ₹15 lakh crore to ₹50 lakh crore—if the right ecosystem is built.

Whether you’re an HR professional, financial advisor, or investor planning for retirement, this conversation will help you understand NPS from both a strategic and investor lens.

 Key topics covered:

Why onboarding and distributor incentives are holding NPS back

DSP’s investment philosophy for equity in pension portfolios

How to choose between auto, balanced, and active allocation

What sets DSP Pension Fund apart in terms of transparency and communication

What regulatory changes can help NPS thrive

Why paying a bit more for smarter fund management can yield better returns

When did a life without work become the dream?

Does frictionless investing create friction with success?

You're probably judging your mutual funds all wrong—find out what really matters!