ETMarkets Fund Manager Talk: This Rs 8600 crore manager sees opportunities in 3 sectors to bet on domestic

Posted on:
Key Points

V Srivatsa of UTI Asset Management discusses investment opportunities in domestic themes like private sector banking, auto sector, and healthcare..

He says: "The large and midcap fund has given 45% return on one-year and 22.5% return on 3-year basis..

There are investment opportunities to play on the domestic theme as growth remains intact and valuations too, are not very demanding, says V Srivatsa, fund manager equity at UTI Asset Management...

Private sector banking is one of the themes that Srivatsa, who manages assets worth Rs 8,600 crore at the asset management firm, is betting on given decent profit growth, and reasonable valuations both on an absolute basis and versus the market...

V Srivatsa: I manage around Rs 8600 crores of equity assets spread across four funds, UTI large and midcap fund, UTI aggressive hybrid fund, UTI retirement fund and UTI equity savings fund...

You might be interested in

Why Sampath Reddy prefers value to growth stocks now

31, Jul, 23

Bajaj Allianz Life Insurance's Sampath Reddy, prefers value-oriented stocks over growth and expects the market valuation to peak between 19 to 20 times PE in the coming year. Although the market valuations are slightly high, the Indian macro economy is performing well in terms of GDP growth and benign inflation, driving higher valuations. Reddy notes the shift from growth to value-oriented, higher-interest rate-sensitive utility sectors and believes it will continue.

Analysts' top small-cap picks for 2024 that can give returns up to 42%

28, Dec, 23

These stocks are expected to return between 21% and 42% as per analysts price targets.

Why Sebi is worried about small-cap mutual fund schemes

06, Mar, 24

Given limited buying interest from foreign investors, small-caps represent a relatively illiquid asset class. As such, the exuberance appears both unwarranted and unsustainable, especially in light of an inevitable market correction

Sensex tanks 2,500 points, Nifty plunges by 700 in 5 sessions. This expert lists 5 dos and don'ts

14, Mar, 23

Frontline indices Nifty50 and S&P BSE Sensex have fallen over 4% or by nearly 719 and 2,500 points, respectively, since the news of the SVB crisis first emerged in the US.

'Adopt wait and watch strategy, deploy funds slowly on market dips, says Seemant Shukla of JM Financial Mutual Fund

30, Oct, 23

Investors advised to explore staggered investment approach, equity flows are going towards mid-cap and small-cap categories, said Seemant Shukla of JM Financial Mutual Fund.

Axis MF’s equity funds in limelight amid reshuffle of top deck

16, Mar, 23

In the last one year ended January, assets of all its equity schemes have slid 3.9% to Rs 1.45 trillion, data from primemfdatabase.com show.

Keep looking at opportunities and valuations around them: Harsha Upadhyaya, Kotak AMC

25, Oct, 23

“Assuming that you are a medium to long-term investor, you enter in a disciplined manner on a staggered basis, a larger midcap fund is a good allocation that you can make in your portfolio. And it should give you stability of largecaps and also potential kick-up from midcaps with a reasonable control on the volatility overall.”

ETMarkets Smart Talk: Based on multi-factor model, we see Sensex at 77400 by December 2024: Pawan Kumar

16, Mar, 24

Pawan Kumar advises caution in the Indian market due to heightened volatility and valuation premiums in mid & small-cap stocks. Customized asset allocation based on individual factors is recommended for FY25, with a neutral stance on the Indian Equity market.

FUND OF FUNDS: Where is your FoF investing?

09, Apr, 23

To get LTCG benefit, 90% of FoF’s assets should be equity shares via ETFs.

4 common mistakes equity investors should avoid in a rising stock market

14, Aug, 23

With stock indices close to their all-time highs, there is bullishness all around. Individuals tend to make their worst investing mistakes in such bullish times. Here are a few common investing mistakes that investors should avoid at this stage.