The market managed to close with a slight increase for 2 consecutive weeks on a weekly basis. In such a situation, further moves of the market and Kotak Pioneer Fund’s Strategy Talking on Harish Bihani, fund manager of Kotak Mahindra AMC (Harish Bihani) said that there was uncertainty in the market for a few months. The budget was focused on consumption. The government is also focused on growth and fiscal stability. The third quarter results are coming better. The fourth quarter further expected expectations to be better. 1 year market will gradually improve the market, although clarity about Trump Tariff War is necessary. The currency and dollar will be monitored. Stability is seen with clarity about many issues.
How is the possibility of returns? Responding to this question, he said that it is difficult to estimate the return of the year. Investment will be recommended for long periods. Create a 5-7 year investment strategy. If profit growth is good, you will get better returns. Profit growth has an effect on the market on the outlook.
Talking about sector selection strategy, Harish Bihani said that instead of sector, stock wise implementation. The 15% of the portfolio is in the NASDAQ ETF. Overseas diversification will benefit. Us can increase 15-25% according to the outlook of the market. Regular monitoring of portfolio. There are major changes at the end of the quarter. He said that 40-50% is largecap allocation. While mid, small have 30-40% allocation.
Great growth in which theme? Responding to this question, he said that stability is necessary in earning growth. There is a focus on the healthcare sector. Keep an eye on diagnostic companies there. Indian pharma companies, global pharma companies may be involved in growth. The BFSI sector is a huge theme. There is a possibility about the consumption sector. Focus on growth companies. Grosry to home delivery companies include growth.
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