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Tuesday, September 19, 2017

GK Short Tricks In Gujarati Part 2

GK Short Tricks In Gujarati Part 2
As we enter the new financial year, with the indices at an all-time high, many mutual fundinvestors are wondering what funds to add to their portfolio. With valuations ruling at record-high and earnings taking time to catch up, wealth managers believe that the year going forward will be a stock pickers' market."In the coming financial year, there is likely to be a dispersion in corporate earnings. At this point of time, when the dispersion in growth and valuation is heightened, a market-cap bias is not relevant," says Roopali Prabhu, head of investment products at Sanctum Wealth.She recommends investors to go for fund managers who can actively pick stocks and generate higher alpha.Here are some equity funds which Sanctum believes investors could add in the coming year. The fund managers' focus on picking up stocks at attractive valuations and focus on companies which not only give high returns on capital employed but also generate consistent and incremental cash fl ows has paid off. This has resulted in superior performance over the last three years. While it has a mandate to invest across market capitalisation, its portfolio currently leans towards large-caps. Typically large-caps make up 75% of the portfolio, but with the rise in the markets, large-cap weight is higher by 5-10% than its peers.

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6 comments:

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    Coronavirus alias COVID-19 outbreak declared as a pandemic is a “black swan” of today’s time. Most of the other coronaviruses circulating in the animals have not yet infected the humans but this one is a unique strain which is getting transmitted interspecies, except for dogs. Though most of the infected people recover with mild symptoms but in severe cases it can cause pneumonia and severe acute respiratory syndrome.It may be worrisome for many people especially cancer patients and their families as they are at high risk of serious illness from an infection because their immune system is weakened by cancer and its treatments. It is also important that the patients and their healthcare professionals, who understand their situation and medical history take precautions to lower the risk of getting COVID-19.
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