Cash calls are usually taken when wealth managers want to protect investors’ money from the downside. “However, protecting the downside is only remembered for a short period of time. The bigger picture is always participating in the upside,” says Anoop Bhaskar of IDFC MF
Bank stocks remain the market’s darlings on the back of an increase in capital expenditure and the cleaning up of bad loans on their balance sheets.
The entire panel said they were Overweight on financials at the moment, on the back of good earnings visibility and strong asset quality
EBITDA for auto, telecom, and energy sectors fell by 14 percent, 12 percent and 17 percent, respectively
Benchmark indices are trading at roughly 18 times one-year forward earnings, which may feel is on the expensive side as a full-blown earnings recovery still seems some quarters away
Anoop Bhaskar, Head, Equity, IDFC Asset Management, feels monsoons will be a crucial factor for overall economic growth because large states like Maharashtra, Punjab, Tamil Nadu and Karnataka need to contribute more to the GDP.
Anoop Bhaskar has large shoes to fill at IDFC Mutual, though the quantum of funds he will be overseeing are less than half of those he used to manage at UTI MF
The participants of Cafemutual Confluence 2015, a panel discussion with fund managers, include S Naren of ICICI Pru, Anoop Bhaskar, head-equities at UTI MF, Anup Maheshwari, DSP Blackrock Investment Managers, Prashant Jain, ED & CIO, HDFC MF and Gopal Agarwal, CIO, Mirae Asset Investment.
The Morningstar Investment Conference held recently saw a few of India‘s top fund managers take the stage in an interaction to discuss their outlook on stocks, markets and investing.
Stocks are currently finding favour with investors but if the performance sustains for several years, investors would do well to exercise caution, the country's top mutual fund managers -- wary of seeing a 2008 repeat -- say.
The effect has been seen in the tumultuous state of the markets and the rupee in 2013. But just as the country was learning to grapple with this America-born demon, there is the prospect of another more local event that the markets now both dread and anticipate: The Lok Sabha elections in 2014.
Anoop Bhaskar weathered managerial uncertainty and weak markets to turn UTI Mutual Fund's stocks into category outperformers
UTI Equity Fund is an open-ended scheme with an diversified asset class. This fund has maintained consistency in its performance and is suitable for investors with conservative outlook, reckons Arnav Pandya.
One of the most important words in investing is margin of safety. Sanjoy Bhattacharyya, Raamdeo Agrawal and Anoop Bhaskar from UTI share their view on investing.
According to financial advisor, Arnav Pandya, an investor with a more aggressive risk appetite can look towards investing in this fund.
Anoop Bhaskar keeps a close eye on the used car market. “It is a fairly good indicator of the liquidity in the system,” says the head-equities at UTI Asset Management. For now, that market is showing that there is ample liquidity, even as interest rates have been rising for some time now.