Previous Year 2015 saw Indian investors & traders move away from the trend of investing in physical assets such as real estate & gold said by Nilesh Shah, MD(managing director) of Kotak Mahindra Asset Management. Instead the focus was more on equities current year. He estimates this will continue in 2016 year as well.
Indian investors invested greater than Rs 65000 cr. in equity mutual funds in current year.
Year 2016 will be a more stock-specific year rather than a sector-specific one. Might be bullish on urban consumption on the back of the benefits that will accrue due to the implementation of 7th Pay Commission.
This year also saw a lot of USFDA problems for the Indian pharma sector. He said investors need to differentiate between companies that have superior quality track record. Shah has started accumulating pharma stocks that have started correcting on the back of event risks.
Indian investors invested greater than Rs 65000 cr. in equity mutual funds in current year.
Year 2016 will be a more stock-specific year rather than a sector-specific one. Might be bullish on urban consumption on the back of the benefits that will accrue due to the implementation of 7th Pay Commission.
This year also saw a lot of USFDA problems for the Indian pharma sector. He said investors need to differentiate between companies that have superior quality track record. Shah has started accumulating pharma stocks that have started correcting on the back of event risks.
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