Prashant Jain

Picture Abhi Baaki Hai: Prashant Jain on market reversal, sector shifts, and the road to steady compounding

After 15 months of time correction and fading excesses, the veteran investor believes the stage is set for steady, double-digit compounding — but cautions that investors must dial down expectations and stick with large caps.

Blue-collar workers in higher demand, squeezing wage gap with office jobs: Prashant Jain

“The demand for blue-collar workers has grown, while the supply has not kept pace. So, in a way, blue-collar wages have accelerated toward white-collar wages,” he added. “You can view it as a positive development—more people are being educated and employed, but it also highlights the need for better job creation in skilled sectors.”

High valuations? No worries, says Prashant Jain

3P’s veteran fund manager says a sharply lower cost of capital offsets justify higher multiples, but does not leave scope for further re-rating.

Prashant Jain’s 3P Fund hikes stakes in financials, energy; pares IT on growth and valuation worries

The Rs 14,849-crore flagship fund maintained outperformance in a subdued market and continues to back sector leaders while pruning overvalued bets.

Trump tariffs won’t impact India, barring some sectors and stocks, says Prashant Jain

In a free-wheeling interview on The Wealth Formula with Mahalakshmi, the veteran fund manager shares his take on the market and how he is approaching investments

Prashant Jain says FPI selling is opportunity, not risk

Jain expects Nifty to compound in the low double digits over the next three to five years

India could sustain growth higher than in the past decade, but not in double digits: Prashant Jain

While India's growth trajectory is likely to be more stable and less volatile, achieving consistently high double-digit growth, beyond 6-8% is unlikely.

'Current valuations leave little room for re-rating of multiples': 3P Investment Managers' Prashant Jain

Jain warns of limited upside potential in the market, citing Nifty's current valuation of 20x FY26 and 17x FY27, which he believes may restrict further multiple expansion

Most of the money in domestic markets is fairly long term: 3P's Prashant Jain on liquidity risks

On concerns and risks to market liquidity, Prashant Jain notes that the current shift in liquidity could be more seasonal rather than structural.

Stocks went vertically up so price correction was inevitable; PSUs still fundamentally strong, says Prashant Jain

Jain highlighted his 'Overweight' stance on the power sector, particularly on power NBFCs and PSU NBFCs, driven by their growth prospects and reasonable valuations.

MC Exclusive: What Prashant Jain is betting on

In the 3P India Equity Fund, the top ten companies have more than 50 percent weight in the portfolio.

MC Exclusive: Prashant Jain says 3P Fund’s outperformance like cricketer scoring a century on debut; Nifty should compound at 12%

Though it is counterintuitive, in an environment where real economic growth is likely to accelerate, profit growth should slow down, Jain has said In his latest quarterly newsletter

Wockhardt's R&D prowess attracts marquee investors Madhusudan Kela, Prashant Jain

Wockhardt has two molecules — Nafithromycin (WCK 4873) for treating pneumonia and WCK 5222 for urinary tract infection, in development phases, with launched lined up for FY25 and FY26

Wockhardt stock locked in 5% upper circuit after Prashant Jain, Madhusudan Kela and others invest in QIP

Other prominent names like ICICI Prudential, Mirae Asset Management, Tata Indian Opportunities Fund, Invesco India Smallcap Fund, Gagandeep Credit Capital and Subhkam Ventures were also issued shares in Wockhardt's QIP.

Investors should be extra cautious with industrial stocks: Prashant Jain of 3P Investments

However, he believes there could still be some juice left in PSU bank stocks, as well as NBFCs. He also feels conditions are right for private sector capex.

What Shankar Sharma, Madhu Kela, Sandeep Tandon & Prashant Jain are betting on as markets hit new high

Prashant Jain believes that given the scale at which the government is planning the solar rooftop plan, the utilities space will become crowded. However, he sees some good investment options in the utilities supply side.

Private capex already picking up in India: Prashant Jain of 3P Investments

India is emerging as a viable destination for global manufacturing companies, said Jain.

Industrial stocks pricing in high growth may disappoint; power utilities good investment options: Prashant Jain

Beneficiaries of the government's proposed rooftop solar scheme– Pradhanmantri Suryodaya Yojana – will get free electricity of up to 300 units per month, said Nirmala Sitharaman in her budget speech.

JSW Energy says Prashant Jain to step down as MD and CEO

Jain will continue to serve in his current position till 31st January, 2024 to support an orderly transition, JSE Energy said in a regulatory filing.

Large-caps offer value, current valuations attractive: Prashant Jain of 3P Investment

According to Jain, small- and mid-cap stocks have performed exceptionally well in recent times, making it increasingly challenging to find reasonably valued stocks with realistic growth expectations

I don’t believe in taking a 10, 15, 20-year type of view: Prashant Jain

Value-investing veteran and the former Chief Investment Officer of HDFC AMC says consumer discretionary companies should grow at a faster pace and they include automobiles. He also shares his thoughts on luxury cars and consumer discretionary companies, with Zomato being a top pick.

One year after Prashant Jain at HDFC MF: How the fund house has coped