Taking stock of the current financial situation where the economy and the equity markets seem to be moving in different directions, Prathit Bhobe, CEO and Managing Director, Tata Asset Management , provides some guidelines for the way ahead.
 

Canara Robeco Asset Management operates with a dynamic asset allocation strategy and as its CEO Rajnish Narula says in this interview, it involves the frequent adjustment of the weights of asset classes in a portfolio based on the overall market performance or the performance of certain asset classes 

On the equity front, India should fare better and recover in lesser time as compared to most of the other nations

It is only when the economy reaches a particular growth rate that everybody starts to derive gains out of it. For example, at 5% GDP only 30 per cent of the companies will do well and at 8% GDP probably all the companies will start doing well. It is going to be a slow transition. 

Market fluctuations and near-term negative returns have always remained temporary and as time progresses; they do get adjusted in one’s portfolio returns and builds a good experience.

In this growing world of transparency, active fund managers will have to find new skills for alpha generation and the job would get tougher. This has been a worldwide phenomenon and I don’t see India to be any different

A revival in the domestic investment cycle is very likely, which could result in earnings upgrade and re-rating of companies that pay full tax rate.

With its very intensive research-driven, bottom-up stock-picking approach guided by growth at a reasonable price (GARP) principle, Sundaram Asset Management Company has always adopted a consistent overarching sector view. In this interview, Managing Director Sunil Subramaniam elaborates about the company’s performance in a sluggish market and its overall vision about future growth

Vishal Kapoor 
CEO, IDFC AMC

The Best Asset Allocation Looks To Maximise Returns And Minimise Risks In Line With Investors Profile And Objectives

The investment in the ELSS not only provides deduction from the gross taxable income (upto the 1.5 lakh), but it also has the potential of ` extent of competitive returns through investment in equities.