"Our credit risks are focused towards those funds which are mandated to take credit risk, which is less than 5-7 percent of our total AUM," he said.
There seems to be lot of money waiting on the sidelines but when the correction comes and there is negativity around, they may like to time it better, said Nilesh Shah, Managing Director, Kotak Mahindra AMC.
Would not be surprised if the Rs 1 lakh crore number crosses Rs 2 lakh crore in the next three years, said Nilesh Shah, MD, Kotak Mahindra AMC.
The overall theme for the market remains being selective while picking stocks, Nilesh Shah, MD, Kotak Mah AMC.
The valuation of India markets look reasonable on a top-down basis but the valuations of individual stocks are super-expensive or fairly valued in most cases, Kotak Institutional Equities said in a report.
Fund house’s MD, Nilesh Shah, recommends that investors must invest in the market through SIPs as the time to make easy money is now over.
Ajay Srivastava, CEO at Dimensions Consulting, is of the opinion that the rally that led to the 52-week high is purely due to liquidity in the market.
In the special show â€˜Get Rich‘, watch Nilesh Shah, MD at Kotak Mahindra AMC speak about the stock markets and how to build a strong portfolio and become financially independent.
Speaking to CNBC-TV18 Nilesh Shah, MD of Kotak Mahindra AMC, said that given the current situation it is better to be underweight on the NBFC sector. Shah stressed how we are in a pendulum market. With earnings uncertainty on the one side, prices could become weaker.
Nilesh Shah, MD, Kotak Mahindra AMC is confident that market will not move in a unidirectional manner but would remain volatile, adding that although he has not turned bearish on the market, he would focus more on ground realities.
Demonetisation seems to have been factored in from a price correction perspective, says Nilesh Shah, Managing Director at Kotak Mahindra AMC. However, he quickly adds that from a time correction point of view the market still needs more good news.
Even as financial market professionals keep themselves busy predicting -- often without success -- how stock prices will behave in the future, Nilesh Shah, MD of Kotak Mahindra Asset Management Company, says retail investors have a simpler recourse to investing: systematic investment plans.
Recovery for the Indian economy is likely to be driven by consumption, and infrastructure and consumption as a theme can be played via auto ancillary and home building, says Harish Krishnan, Senior VP & Equity Fund Manager, Kotak Mahindra AMC
However, FCNR outflows have been a concern for the rupee, says Nilesh Shah, MD, Kotak Mahindra AMC.
If you want to do active stock picking, here's how you should do it, says Nilesh Shah, MD of Kotak AMC.
Nilesh Shah, the managing director at Kotak Mahindra AMC, believes that Bosch has a premium versus its peers and will continue to perform well on the bourses. He also narrates how he managed to sell off Satyam shares before they tanked.
Markets globally had been looking for a reason to correct but any fall only accentuates the appeal of Indian shares, says Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Company.
Shah is not upbeat on FMCG companies as he sees rural distress and competition from unlisted players hurting margins. He is more bullish on consumer durables because of the juicy discounts being offered by e-commerce companies and likelihood of increased demand from the Seventh Pay Commission report when it takes effect.
Watch Nilesh Shah of Kotak Mahindra AMC, Dipen Sheth of HDFC Securities and Amar Ambani, Head-Research at IIFL share their opinions and views about market at Investor Forum in Mumbai.
"Inspiration to invest in KMAMC's schemes only has come from our 250 plus staff themselves. Even though it is true that employees' investments in our schemes are a miniscule percentage of our total AUM of Rs 48,076.58 crore," Kotak Mahindra AMC managing director Nilesh Shah told PTI.
Shah says he expects earnings to grow 20 percent in FY17, because that is when the full impact of the recovery in the economy and the the uptick in capex cycle will kick in
In an interview to CNBC-TV18's Latha Venkatesh, Sonia Shenoy & Anuj Singhal, Nilesh Shah of Kotak Mahindra AMC and Nirmal Jain of IIFL gave their take on Arun Jaitley's Union Budget and their outlook on the road ahead.
Ongoing consolidation in mutual fund industry has reduced options for investors. Investors in schemes that are getting merged into other schemes, have to take into account number of variables before taking a decision.
The freefall seen in global commodity prices has triggered a risk off trade right, feels Alroy Lobo, chief strategist and global head, equities - Asset Management-Kotak Mahindra Asset Management Company.