MAHESH PATIL

Of the four PSU theme-based mutual funds that offered over 100% returns in the last one year, CPSE ETF was the topper with an average gain of 121.18%. PSU theme-based funds have offered an average return of 28.04% in last five years.

​The March quarter has seen a slowdown in the topline growth across sectors as the nominal growth has moderated on the high base of last year and cooling off of inflation.

​Where the results are good, we are seeing those companies getting very well rewarded, especially in the industrial, capital goods sector, the real estate sector. But in sectors where there have been some disappointments like in the consumer space t...

The market dynamics and the challenges of the unknown makes this job exciting but also a humbling experience as I believe the market is a great leveller.

The meeting will be held in the presence of Sharad Pawar. Members of the Central Parliamentary Board of the party will be present in this meeting as well as the party's Maharashtra president MLA Jayant Patil, MP Supriya Sule, PC Chacko, Anil Deshmuk...

Mahesh Patil, CIO of ABSL AMC, discusses the growth potential of Bharat, the strong performance of Corporate India, the impact of the US economy, India's macroeconomic stability, and the future outlook for market returns. While markets might consoli...

Mahesh Patil says: "As the market starts to factor in rate cuts, and dollar weakens, one should expect FII allocations to India also improve as India offers the best growth amongst all major economies. With Nifty valuation only marginally above the ...

“Given the current sentiment, as we move into the next calendar year, we could see fresh allocations from FIIs and they could take a slightly positive view over there. The allocations could increase in the first half of next calendar year and with t...

“India offers the best kind of market where one could see that runway of growth lasting for many years. That is what will draw global investment. This month till date, the FII outflows have been negative. That trend can continue for some time but lo...

The flagship scheme is managed by Mahesh Patil, and Dhaval Joshi (overseas investments). The portfolio of the fund is diversified across 77 stocks, with top 10 stocks accounting for 48.89%.

I think markets are fairly priced over here. So it is not like it is very attractive but at the same time the risk reward is still fairly reasonable for a long-term investor to come in at these levels. We think that the risk reward across asset clas...

Despite concerns over growth slowing down and earnings downgrades, the Indian market is creating a good support for a medium to long-term move, says Mahesh Patil, CIO of ABSL AMC. He notes that valuations are now more reasonable and there are signs ...

​Within that the government spending on infrastructure in this budget we have seen a significant increase on that especially into a rail in the railway sector where we would see significant investment in terms of the rolling stock.

​It has impacted the sentiment because that could further impact growth and that is what the market is slightly worried about. But having said that I think overall at least from Indian market perspective we are not seeing any major impact on earning...

“As we move into next year, we still expect double digit earnings growth. There will be periods of volatility and some corrections next year. In the initial period, there would be some amount of correction but as the picture gets clearer, the market...

Nifty50 now trades at 1-year forward PE of 19x, above the long-term average of 18x. For the short term, there could be intermittent corrections considering the global scenario. Therefore, our range-bound view for the Nifty remains. However, on a med...

“I still see double digit earnings growth for companies over the next couple of years. If that is the case, then I do not see any reason why the markets should not give double digit returns in the next calendar year, assuming that this year is a bad...

“The markets have been in the fair zone. There is some risk in the markets because of an earnings downgrade and to that extent, there could be some downside in the markets going forward. At least for the next one quarter or so, I think it would be q...

“The larger cap space, which has seen immediate corrections after the entire selling, will provide more stability to the portfolio. So go for a 50-60% allocation to a largecap, multicap or a flexicap fund. Midcaps and smallcaps could see further vol...