S Krishna Kumar, CIO-Equity, Sundaram MF said that fund managers are moving away from high-quality high growth companies to cyclical growth companies.
S Krishna Kumar of Sundaram MF sees M&As to be spread across sectors, particularly on the financial side. He also sees auto ancillaries being a much larger sector ahead.
I think well-diversified portfolio would be good performer with a medium-term approach, said S Krishna Kumar of Sundaram Mutual Fund.
The stock market has digested most of the news post demonetisation and emerged relatively unscathed, says S Krishna Kumar, CIO Equity at Sundaram Mutual Fund.
S Krishna Kumar, CIO - Equity at Sundaram Mutual Fund is of the view that one can add NBFC stocks on weakness.
In next 40-50 days, investors can use the current weakness to rejig portfolios. Consumption theme, S Krishna Kumar, CIO – Equity, Sundaram Mutual Fund said, continues to take the center stage.
S Krishna Kumar, CIO Equity, Sundaram Mutual Fund is positive on chemical space.
Broad changes are happening in global macros. Uncertainty surrounding global events like talks of easing by central banks and strengthening of commodities has led to sell-off by foreign investors, says S Krishna Kumar of Sundaram Mutual Fund.
Krishna Kumar's advice to retail investors is to top up their systematic investment plans with lumpsum investments when there is a big correction in the market. He does not see a significant correction coming in the short term.
Cement sector will be the biggest beneficiary of government spend and infrastructure projects, says S Krishna Kumar, CIO Equity, Sundaram Mutual Fund.
S Krishna Kumar, CIO-Equity at Sundaram Mutual Fund, in an interview to CNBC-TV18 says the tactical shift in the portfolios of many asset manager has moved towards the rural India and income level has also shown an uptrend in rural areas.
Smallcap companies will be the ones to watch out for in manufacturing, said S Krishna Kumar of Sundaram Mutual Fund, adding that the Modi government is bullish on the sector.
There could be huge growth potential in specialty chemicals and capital allocation in specialty chemical companies will be under lens, says S Krishna Kumar, CIO-Equity at Sundaram Mutual Fund.
Sundaram Mutual Fund launches Sundaram Select Small Cap Series - III, a close-ended equity scheme, that seek capital appreciation by investing predominantly in equity/equity-related instruments of companies that can be termed as small-caps.
Sundaram Mutual Fund has launched new scheme as Sundaram Select Micro Cap, Series I, a five-year closed-end equity scheme, which aims to invest predominantly, between 65-100 percent, in equity or equity-related instruments of companies that can be termed as micro-caps.
The QE taper has caused debt capital to leave emerging markets and has led to weakening of currencies and rise in interest rates. Spike in oil prices on account of Syria will also cause pain. Red tape, corruption and higher deficits on account of increased social entitlement spends are responsible for lower growth.