Invest in 2016 to make money in 2018: Nimesh Shah, ICICI Prudential“While the flow story is helping us in the next one year, over the next two-three years, I believe that the earning per share of companies ...
All you need is Rs 20,000 a month for 15 yrs to be a crorepati: Nimesh Shah"As a country, we will be reaping the benefits of this reform over the next five to seven years, and not in next five months," says MD & CE...
Prefer largecaps to smallcaps; invest in balanced funds: Nimesh ShahInvestors must invest in balanced funds in a year that is supposed to be uncertain, where equity returns can vary from month to month, says...
Midcap valuations too high, set for steep correction: Nimesh Shah, ICICI Pru MFOne day when the flows into these midcaps stop, they will fall big time. It has consistently happened in the past, says Shah.
India faces emerging markets selloff risks, but it's a fantastic story: Nimesh Shah, ICICI Prudential AMCStill, if you have to invest Rs 100 in the market for a 3-year paradigm, I would suggest that your investor should invest Rs 20 today.
Volatility creating opportunities in markets, play exports theme through tech stocks: Nimesh Shah, ICICI Prudential AMCI believe the entire market has already discounted a 25 bps fall. So if you do not have that drop, it will become an issue tomorrow.
Expect debt to make money in next 6 months, equities in 3 years: Nimesh Shah, ICICI Pru AMCIf you are taking a one-year call, then debt is a good call, but from a three-year thumping table call, it is equity to yield handsome retu...
Value investing works best for investors with 3-5 years’ time horizon: Nimesh Shah, ICICI Pru AMC"We are running one of the biggest value funds in the country. I feel that over a period of time, this concept is set to grow."
Markets are fairly valued; fundamentals driving stocks: Nimesh ShahAs we go forward, it is going to depend on which companies are going to utilise their capacities better, says Nimesh Shah.
Expect capacity utilisation to be next play in market: Nimesh Shah, ICICI Prudential AMC'I feel there are lots of companies in the market where the capacity utilisation of those companies are at an very average level.'
New govt needs to have growth back in order to create jobs: Nimesh Shah, ICICI Prudential"Whether it is a demographic dividend, or a population problem, is dependent on whether we give jobs or not."
India in a much better situation than it was in 1990s: Nimesh Shah, ICICI Prudential AMC"We believe that in this quarter there would not be any current account deficit. So we are reaching a very healthy place."
Expect interest rates to come down over next 1 year: Nimesh Shah, ICICI Prudential AMC"Debt is a very beautiful place for a risk-adjusted return to fall in place."
India will get back on track if we allow our industry to grow: Nimesh Shah, ICICI PrudentialMidcaps are at an all-time discount today vis-à-vis large caps in every sector. The market is extremely polarized.
Market volatility is here to stay: Nimesh Shah, ICICI Prudential AMC"Whenever there are corrections in the market, there are others ready to come in."
Quality of market correction more important than quantum of correction: Nimesh Shah, ICICI Prudential AMCEvery correction can give rise to an opportunity. But, the quality of correction is more important than the quantum of correction.
- Equities nicely valued, its a bottom-up stock pickers' market: ICICI Prudential
India needs fiscal discipline to be brought back and that is what we need to do going forward, so that is what one is looking at.