Porinju Veliyath emphasizes India's resilience and historic significance in the global economy, particularly in light of the "China Plus One" strategy, which is attracting investments amidst global geopolitical tensions. While Veliyath is optimistic about India's long-term potential, he cautions against the current high valuations in the Indian equities market, especially for value investors. Veliyath also discusses sectoral opportunities, the significance of fundamental analysis, and the need for caution when investing in small and mid-cap stocks. He concludes by offering two Diwali stock picks, Piramal Pharma and Godrej Industries, emphasizing the importance of understanding the associated risks.
The equity component of this fund will be managed by Taher Badshah, Senior, Vice President & Head of Equities and debt component by Abhiroop Mukherjee, Sr. Manager - Fixed Income About MOSt Focused Midcap 30 Fund.