Utpal Sheth, Senior Partner & CEO of Rare Enterprises and Co-Founder & Mentor at Trust Group, emphasizes the importance of conviction, courage, patience, and equanimity in terminal value investing. Apart from buy and hold. the sell decision is important for the terminal value investor will take, but it needs to be taken at the right time.
Rakesh Jhunjhunwala-backed IKS Health revives plan for IPO livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
Since April 1, investors and distributors have been bogged down by new KYC rules that limit first-time investments in fund houses unless the KYC status is ‘validated.’ Among the casualties of this are some of the schemes launched in April by newer fund houses, who have had to reject applications because of incomplete KYC.
As TRUST Mutual Fund, the 3-year-old fund house gets set to launch its first equity scheme, CIO Mihir Vora says that he looks at a stock’s growth prospects rather than just its PE. If prospects are good, he doesn’t mind paying a higher price