Neelkanth Mishra

Listen to this insightful conversation where Vinay Paharia and Vivek Sharma explain our investment strategy and advice investors on how to tread the current market. Vinay Paharia : Investors should be very careful to not extrapolate past trends while engaging in investing, especially in current market environment. Pavlovian conditioning of investors ensures that every dip gets bought into. However, the results of such investing activity may not produce the desired outcomes, especially if held for short to medium term. Vivek Sharma : The markets have seen correction in mid and small cap space, where there is excess exuberance and valuations were unsustainable. Markets seem to have assigned high valuations to cyclical and slow growing companies and now there is some reality check. Further correction in pockets where earnings are not sustainable is not ruled out. Our philosophy of investing in high quality and high growth companies with focus on valuations will serve us well in the long run. Advisorkhoj.com Suren Kochhar

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Abhishek Tiwari, Executive Director and CBO at PGIM India Mutual Fund, emphasizes how the PGIM India Healthcare Fund enables investors to tap into transformative sectors like medical devices, diagnostics, and health insurance, offering both diversification and stability. #PGIMIndiaMutualFund #Healthcare #HealthInvestment #MutualFunds #PortfolioDiversification

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How and where can HNI's invest INR 1 crore in Mutual Funds? Naresh Bulchandani, CFA, CAIA, Head of Products and Advisory and Merisis Wealth writes for The Economic Times. Read the full article below. If you are an investor looking to rebalance your portfolio, DM us or book your Portfolio Review with an expert on https://lnkd.in/gQbXuEaJ #HNI #MutualFunds #PersonalFinance #Wealthmanagement

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"Thrilled to have joined ET Now Swadesh on their show 'Khara Sauda' alongside DIMPY KALRA l, Abhishek Satya Vratam and Srishti Sharma . We delved deep into the fascinating world of FII data and explored how short covering could potentially drive significant surges in stock prices. A dynamic discussion that sheds light on the intricacies of the market! #Finance #StockMarket #ETNowSwadesh #KharaSauda"

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With Q2 GDP growth sharply lower than expected, the critical question is whether this is a temporary brake or we need to brace for slower growth ahead. Sharing my views on this

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MSCI crossed the 20 years in India milestone and Baer Pettit our President and COO, joined us for the celebrations across our offices in India. Baer Pettit spoke with ram sahgal, Sr Asst Editor at Livemint Some of key insights from his interview 🌏 India is ranked as the sixth largest by weight in the MSCI ACWI IMI (all-country world investable market index) and the second largest in the MSCI EM IMI (emerging market investable market index), rising from the 13th and 4th positions each in 2020. 🌏 The #MSCI India IMI Index, which covers approximately 99% of the free float-adjusted market capitalization of the Indian equity universe, is a component of these broader indexes and represents the Indian equity opportunity set. 🌏 MSCI private-capital data indicates that Indian private markets have also seen substantial growth over the past decade, paralleling the expansion observed in its public markets 🌏 Private investment in #energy #transition projects, particularly in India, remains relatively modest which may have opportunities in the upcoming years 🌏 Broader trend suggests that India is poised to become an increasingly important part of foreign investors' portfolios. 🌏 #Privateassets are becoming a larger share of #institutional portfolios which leads to the need for greater transparency and tools to help investors track their investments, support their strategic decisions, but also for more specialized tools in areas like pricing, liquidity, attribution, and risk. #MSCI #Index #Analystics #PrivateCapital #ESG #Investment #passiveinvesting #ETFs #India

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I’ve been turning down all media requests for a post election analysis but talk of whether alliances will hold post elections reminded me of something I wrote 26 years ago - before a Lok Sabha Election result.   The basic premise: one who holds 30 seats may have the same power, or even more, as compared to someone who holds 245 seats.   A mathematical Power Index explains how   Quote Let’s get on with the “Power Indices” of the various political parties.   Think of it this way : suppose you require a 50% plus majority to form a government and there are 3 parties in the parliament with the following seat tally : 44%, 39% and 17%.   Now, any two of these can join together to form the government and therefore all three of them have exactly equal power, no matter that Party 3 has got less than half the number of seats that the first two have. This is a concept that is of use in any ‘majority wins’ decision rule from shareholder resolutions to jury decisions.   Suppose there are 4 parties in the fray this time around: A, B, C and D parties, having 35%, 34%, 17% and 14% of the seats resp. Again if a simple majority is needed to form a government, any two out of A, B & C can form a government whereas the Party D’s support is never really crucial to anyone.   If this party’s 14% is added onto the percentages of any of the first three parties, the sum does not exceed 50% and any larger coalition of parties doesn’t require its support anyway. Party D is therefore called a ‘dummy’ - an apt term for someone whose vote can never change a losing coalition into a winning one or vice versa.   The dummy has no power, while all the other three parties i.e. A, B and C have equal power.   This is inspite of the fact that Party C has far fewer seats than A and B and only a few more than the smallest one i.e. Party D   For those interested, there is a technical concept called the Banzhaf Power Index (BPI) of a group, party or person which is defined as the number of ways in which that group, party or person can change a losing coalition into a winning one or vice versa.   In the preceding example, the BPI of parties A, B and C are equal and that of Party D is zero.    In fact as an individual MP, you are better-off being a part of Party C than Party A or B because as part of the government you get a disproportionate share of the goodies. This is exactly what happened in U.P. where virtually every MLA of a marginal party who joined the BJP government was made a minister - something that was a remote dream for most BJP MLAs.   Unquote (First Global's weekly 'Markets, Majorities and Maths', January 1998)   Thus if a few smaller partners can hold whichever coalition government to ransom, it introduces uncertainty.   “The more things change, the more they stay the same” Hence, I can repeat a 1998 piece which has contemporary parallels   We may be in for some interesting times.   History also shows coalition governments have been pretty good for the economy and markets.

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Our Director, Chirag Muni explains the concept of alpha in investing, how it is calculated and its impact on portfolio performance with Neha Vashishth on ET Markets. Know more: https://lnkd.in/daArpwC8 #mathematicalrevolution #financialplanning #wealthmanagement #mutualfunds #anandrathiwealth #india #indian #investment #investor #investmentideas #databacked #LeadershipInsights #RiskManagement https://ecoti.in/7Am5_a

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https://lnkd.in/girNavcv n this insightful video, join Naha, Aniruddha- Chief Investment Officer of PGIM India Mutual Fund PMS & AIF business, as they delve into the strategic use of leverage in Alternative Investment Funds (AIFs). Whether you are an investor looking to understand the nuances of leveraging or a financial professional seeking deeper insights, this video provides valuable knowledge and practical perspectives on the strategic role of leverage in AIFs. Don't forget to like, share, and subscribe for more expert insights on investment strategies! #investmentmanager #AIF #PGIMalternate #pms Aditya Prabhu Kiran Joshi Abhijeet Sharma Uday Koppalkar Sri Chakri Prakash Mandavilli Ganesh P N

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Don't miss Rishi Kohli, Managing Partner & CIO of Hedge Fund Strategies - InCred Alternative, in conversation with moneycontrol.com, as he shares his insights into the current market scenario, volatility, derivative positions ahead of elections. He also offers trading strategy advice and highlights the preferred sectors for the June series. Read the full interview here: https://lnkd.in/dpdS_y6V For more details reach out to us at [email protected]. #stocks #equity #assetmanagement #india #leadership

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What are we seeing happening in the markets today? To know more view this conversation between Vinay Paharia, Vivek Sharma & Suren Kochhar PGIM India Mutual Fund

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Bankward integration for fintechs if RBI is willing ! Evolution of FintechBanking ! convergence of balance sheet , banking regulations and financial technology is good for the consumer ..

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What strategy should investors adopt while investing in small caps in the current market? Vivek Sharma, Senior Fund Manager - Equities, PGIM India AMC, discusses the portfolio positioning of PGIM India Small Cap Fund and the sectors he is bullish on, in this insightful conversation with ET Now. Watch now: https://bit.ly/3WTachF #PGIMIndiaMutualFund #SmallCaps #Sensex #Economy #India #MutualFunds

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As Indian economy grows, corporate bonds will play an important role as a source of capital. What can be done more to further unlock the potential? This was the topic of discussion I hosted at the inaugural NaBFID Forum in Mumbai. The tone for the conversation was set by SEBI Executive Director Pramod Rao who gave detailed insight on the current state (we have a developed corporate bond market) and the way forward in his keynote remarks. Key Takeaways from the Panel: 1. India can build "India Corporate Bond Markets Stack" (ICBMS) in line of "India Digital Stack" which solved a complex problem of digitation of economy and achieving financial inclusion at record numbers in a very complex environment which today has become a benchmark for other countries to replicate. As except for a few, every other country is facing similar challenge on how to unlock the potential of their corporate bond market. 2. There was a lot of debate on whether we had developed or if we were not? The group consensus was to see the development process as a journey with milestones, and each milestone is built on developing key infrastructure pillars. Thus, ICBMS can be defined as a list of clear milestones to achieve and market infrastructure to build. 3. Seen from this context, India has done a fantastic job in achieving the fist few milestones - Supportive Policy Framework, Large Corporate Bond Outstanding, Participation of Institutional Investors (who currently prefer to hold till maturity then to actively trade in secondary market) strong technology infrastructure to support market access among others. 4. We need to focus on defining the next few milestones - expanding the depth and diversification of issuers and investors and developing market making mechanisms. - At the issuer level: we need to have more issuers from diverse industries and ownership irrespective of credit rating, able to issue bonds across different maturities easily. Currently, the activities are concentrated around State Own Enterprises and established firms with a strong credit rating. - At Product Level: InvITs have shown how product innovation and diversification are helping to attract a new pool of investors. We need to come up with more such instruments that take into account local market conditions. The US and Malaysia have some good examples. - At Investors Level: Investors are concentrated around a few institutional types. We need to expand the list and level of ownership by including more active investors to improve the secondary market liquidity as the majority prefer to hold till maturity. Can NaBFID be that market maker? AIFs and registered IP can create new products and bring in new sets of active HNIs, and then we can move down to retail investors. My panelist Monika Kalia Prathamesh S Sahasrabudhe Anup Bagchi Ravindranath Gandrakota Nipa Sheth Jitendra Shah Fatema Ali Akbar. Thanks to Himanshu Gulliani, CAIA Gaurav Gupta Saswati Banerjee

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"Next decade belongs to India," says Dhiraj Relli, MD & CEO, HDFC Securities in his conversation with Brut India as HSL celebrated its 24th anniversary. Watch here - https://lnkd.in/eiJuwEQn #HDFCSky HDFC securities

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View on Fixed Income markets by Puneet Pal, Head-Fixed Income, PGIM India Mutual Fund https://lnkd.in/dRwHjfwP #MutualFund #ExpertViews #PGIMIndiaMutualFund #PuneetPal #DrMichaelPatra #IndianBondMarket #BondYields #RBI #MonetaryPolicy #RateCuts #FixedIncome #InvestmentStrategy #DynamicBondFunds #MoneyMarketFunds #BondMarkets #InvestmentHorizon #BenchmarkYields #IndianEconomy #CPIInflation #FoodInflation #KharifSowing #RainfallUpdate #ReservoirLevels #CoreInflation #DepositGrowth #CreditGrowth #FPInflows #DebtMarkets #GlobalYields #USYields #InflationData #OISCurve #INR #BrentCrude #USEconomy #DXY #JapaneseYen #CurrencyMarket #EconomicData #Investmentguruindia #Finance

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Please join us on Thursday, September 5th at 9.30 am EST for a Webinar on India's sovereign ratings where Jeremy Zook and I will discuss India's growth and fiscal outlook as well as the main drivers and trajectory of India's sovereign ratings. We are eager to respond to your questions. Please register using the link below. #india #sovereigndebt #capitalmarkets #APAC #economy #sovereignratings #brics #asia https://lnkd.in/dA8Jfnrq..

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