Investor behavior suggests that people are more likely to redeem/churn their investment during times of volatility
Kalpen Parekh named successor of Naganath who leaves the fund house after 15 years.
While FY17 earnings growth will be impacted due to demonetisation exercise, we expect a 20 percent growth in FY18 on account of mean reversion in financials and global cyclicals, said Anup Maheshwari, Vice President and Head of Equities & Strategy at DSP BlackRock.
While the first quarter earnings have been mixed, earnings in second half of FY17 will be driven by monsoon and consumption, says Anup Maheshwari of DSP Blackrock Investment Managers.
Indian markets will not be significantly impacted because of improving macro-economic conditions, says S Naganath, President and CIO, DSP Blackrock Investment Managers.
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.
In telecom, Anup Maheshwari of DSP Blackrock Investment Managers says the sector is yet to see pricing power. He is waiting for revenue per minute (RPM) to increase in telecom to justify capex in auctions.
Following RBI's decision to lower its key rates for first time after nine months and hopes for further cuts in coming months, mutual fund experts are of opinion that investors should move part of their assets into income funds to benefit from a falling interest rate scenario.
Anup Maheshwari, DSP Blackrock Investment Managers feels that the market is looking for more RBI easing and improvement in capex for further upmove.
Global issues will take centrestage in the coming months, dampening sentiment, and that could throw up some interesting opportunities for equity investors, feels S Nagnath, President and Chief Investment Officer, DSP BlackRock Investment Managers.
Despite the headline grabbing rating downgrade of SBI, brokerages say they are not cutting SBI's earnings forecasts, reports CNBC-TV18's Gopika Gopakumar.
It was a volatile but range-bound session at the markets. Banks took it on the chin for the second straight day on the back of the State Bank of India (SBI) downgrade on Tuesday.
Asset management firm DSP BlackRock Investment Managers today launched an agriculture fund, DSP BlackRock World Agriculture Fund, which is an an open-ended fund of funds scheme.
DSP BlackRock Investment Managers has signed a deal with the Shamrao Vithal Co-operative Bank to distribute its mutual fund schemes through the lender's network of 105 branches.
In an interview with CNBC-TV18, Pankaj Sharma, DSP BlackRock Investment Managers says, gold companies are due for rerating. “We expect that gold mining companies will do very well. We hope the rerating will take these companies to near highs,” he adds.
With 78% of fund investments in gold, DSP BlackRock Investment Managers feels these companies are due for re-rating. "This will help take them to new highs," says Pankaj Sharma.
In an interview with CNBC-TV18, Dhawal Dalal, Senior VP and Head of Fixed Income, DSP BlackRock Investment Managers, and Nitin Jain, Co-head of Fixed Income, Normura, speak about the liquidity situation and give their outlook going forward.
Anup Maheshwari, Executive Vice President & Head of Equities, DSP Blackrock Investment Managers is neutral on IT.
Anup Maheshwari, Executive Vice President & Head of Equities, DSP Blackrock Investment Managers is underweight on the auto sector.