Money managers to the affluent delivered robust returns to investors in the past year, thanks to the buoyancy in the markets. Business Today decodes their strategy - Issue Date: Apr 28, 2024
Abhishek Bhardwaj of Green Lantern Capital, states that India will continue to have high energy demand due to factors such as focus on manufacturing, which is more energy-intensive than the services sector. He also highlights that newer industries like AI-driven data centers contribute to this energy demand. Bhardwaj believes that the market is currently trading at an expensive valuation and faces challenges in sectors with high ownership and expectations, such as HDFC Bank. However, he sees opportunities in the engineering and capital goods space, particularly in companies supporting power reforms.
From buying top-quality leaders at inexpensive valuations in down-beat and out of favour sectors with a massive potential for growth to scientific methods of stock picking, here’s how fund managers deliver big returns