Benchmark Indices: According to experts, apart from the positives on the overall macro level, the jubilation in the market was driven by positive data from the US
Harsha Upadhyaya, the Chief Investment Officer at Kotak Mutual Fund told CNBC-TV18 in a conversation, that he is sees a trend of valuation gap between largecaps and broader market stocks narrowing.
And while we do all of this, we also focus on cash flow generation and capital efficient policies of the company. Andfinally, the valuation filter comes in.
4 sectors Harsha Upadhyaya is bullish on for near term indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
The Kotak Flexicap Fund, the largest open-ended equity fund in India, has seen steady growth in its Asset Under Management (AUM) despite tough times such as the Covid-19 pandemic. The fund, which focuses on identifying scalable businesses with solid cash flow and capital efficiency, has a proven track record of delivering strong returns. Fund manager Harsha Upadhyaya emphasized the importance of adhering to investment discipline and valuation-based stock selection. The Flexicap Fund s success over the past 11 years is attributed to these strategies that have guided it through market cycles.