Value Research

In this insightful conversation, Satish Ramanathan, Chief Investment Officer (CIO) – Equity at JM Financial Mutual Fund, discusses his approach to navigating the complexities of India’s equity market. With over ₹11,100 crore in assets under management, Satish shares his perspectives on how global volatility, sector rotations, and mid- and small-cap stock exposure have influenced the performance of key funds like JM Flexi Cap, ELSS, and Value Fund. He also highlights the strategic shifts being made to position the funds for recovery, focusing on large-cap stability, growth opportunities in corporate India, and the key role of liquidity in market recovery.

Market outlook: Satish explores the sound fundamentals supporting India’s equity market, despite potential concerns around overvaluation and short-term market volatility.

Investment philosophy: Learn about his philosophy of focusing on structural growth stories, earnings quality, ROE, and cash flows while selecting stocks.

Performance insights: Hear Satish’s thoughts on the recent underperformance of key funds, the tactical shift toward large-cap stocks, and how they are positioning for future growth.

New Fund Launch: Get insights into the upcoming JM Large & Midcap Fund, designed to balance growth and stability by providing better sectoral representation and reduced bias towards financials and oil & gas.

Value Investing: Satish discusses his approach to value investing in mid- and small-cap stocks despite their current high valuations, and how he finds hidden gems with strong growth potential.

Tune in to understand how JM Financial’s disciplined approach to stock selection and strategic shifts aims to capitalize on the evolving market dynamics and deliver long-term value for investors.

In this exclusive interview, Abhishek Singh, Vice President and Fund Manager at DSP Investment Managers, offers valuable insights into his approach to fund management and his perspectives on the Indian equity market. Managing over ₹20,000 crore across four schemes, including the five-star-rated DSP Large Cap Fund, Abhishek shares his thoughts on the disconnect between market optimism and earnings, the importance of holding cash in uncertain times, and what’s been driving the outperformance of the DSP Large Cap Fund.

Valuation discipline: Abhishek discusses how the fund avoids the common pitfalls of overvaluation and focuses on bottom-up fundamentals.

Cash management: Understand the rationale behind the fund's rising cash levels and how it helps in creating flexibility during volatile markets.

Portfolio strategy: Learn about the fund's concentrated portfolio of 30-32 stocks, and how this strategy differentiates the DSP Large Cap Fund from others in the space.

Market outlook: Hear Abhishek’s take on the disconnect between macro optimism and bottom-up earnings, the potential impact of rising valuations, and how he’s positioning his portfolio for the future.

Hybrid fund strategy: Abhishek also sheds light on his recent turnaround of the DSP Aggressive Hybrid Fund, and how a focus on valuations and concentration has driven its improvement.

This episode is a must-listen for investors looking to understand value-conscious investment strategies, portfolio diversification, and the Indian market outlook through the lens of one of India’s top fund managers.

In this episode, we sit down with Manish Gunwani, the Head of Equities at Bandhan Mutual Fund, who manages over ₹37,700 crore in assets and oversees two 5-star rated funds — the Bandhan Smallcap Fund and Bandhan Large & Midcap Fund. With deep research and a long-term investment philosophy, Manish shares his insights on the Indian market, particularly the small-cap space, and his approach to valuations in today’s market environment.

Discover his views on the current market valuations and whether small-caps are still presenting opportunities.

Learn about Bandhan's deep research capabilities and their 600-700 stock universe in the small-cap sector.

Manish talks about the long-term potential of the manufacturing sector, AI disruption, and how geopolitical tensions are shaping investment decisions.

He shares his investment philosophy, focusing on quality businesses, even in a time of stretched valuations, and why the Indian currency’s stability is a positive for long-term foreign capital influx.

Get insights on asset allocation models, macro parameters, and valuation strategies used at Bandhan Mutual Fund for funds like the Bandhan Balanced Advantage Fund.

With a value bias in his portfolio, Manish explains how he balances growth and value investing to generate superior long-term returns.

Join us for a deep dive into the Indian equity market, investment strategies, and the outlook for small-cap stocks with one of the leading voices in the industry.

Market manipulation exists, but it needn’t derail the sensible investor

Curious about how to safeguard your retirement? Tune in to learn how the 3-Bucket strategy can help!

In this insightful interview, Niket Shah, Chief Investment Officer at Motilal Oswal Asset Management, shares his perspective on the current Indian equity market, where valuations are stretched but opportunities still exist. Shah, who manages Rs 59,000 crore across multiple funds, discusses his high-conviction investment approach, focusing on quality businesses with strong growth potential.

He explains the challenges of finding value in today’s market and how he navigates elevated valuations with a differentiated strategy. Shah also dives deep into his QGLP philosophy—emphasizing quality, growth, longevity, and price—and how he builds concentrated portfolios with carefully selected stocks. He sheds light on his approach to mid- and small-cap investments, allocation calls, and sector diversification, while offering insights on how his rigorous research and firsthand experiences drive his decision-making.

Tune in for valuable lessons on how to build high-performing portfolios in a market where easy wins are harder to come by and learn about the emerging themes that continue to shape his investment strategy.

Success still depends on mastering your emotions, not the latest trends

Why perfect timing ruins real returns

In this exclusive interview, Ashish Naik, Fund Manager at Axis Mutual Fund, shares valuable insights on managing assets worth over Rs 40,000 crore across multiple schemes. Naik discusses the challenges posed by stretched valuations, global macroeconomic shifts, and evolving market dynamics. He delves into Axis Mutual Fund’s strategic recalibration in response to these challenges, emphasising their focus on growth and quality investment strategies, sector diversification, and stock selection.

Topics covered include:

Managing equity allocations amidst high valuations

Key external risks, such as tariff wars and central bank policies

The evolution of Axis Mutual Fund's strategy and portfolio adjustments

The turnaround of Axis ELSS Tax Saver Fund

Insights on new-age sectors with high growth potential

Reflections on Axis Mutual Fund's performance and investor perception

Watch and learn how to build a portfolio that thrives in both bull and bear markets!