MANISH GUNWANI

Tata Nifty Auto Index Fund, Tata Nifty Realty Index Fund, Tata Nifty Financial Services Fund, Tata Nifty MidSmall Healthcare Index Fund, Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund, and Tata Nifty500 Multicap Infrastructure 50:30:...

Bandhan Mutual Fund has announced the launch of the Bandhan Innovation Fund, an open-ended thematic fund dedicated to investing in companies at the forefront of innovative breakthroughs.

Manish Gunwani, Head - Equities, Bandhan AMC, says shift of sourcing from China to India presents growth opportunities in various sectors. The capex theme focuses on private investment as government capex slows. Pharma sector shows promise, while ho...

Manish Gunwani from Bandhan AMC is constructive on smallcaps in the medium to long term, driven by global changes and the market up move. He sees opportunities in technology disruption, capex, power sectors, and expects the growth of mass consumptio...

​And I think a lot of the smaller companies will, if they have a good business model, good management team, if they are on the right side of tech disruption or if they are part of a global theme.

​So if your overall expenditure is going to grow at 7-8%, and the committed expenditures also grow at that rate, there will be some pressure on the discretionary expenditure.

​And if that is the scenario, obviously whatever Fed does, it kind of flows across the world so I think globally interest rates will be lower, one to two years lower.

The second is if you take on a four-five-year basis, the valuations are not necessarily cheap, they have corrected a lot in the last one, one-and-a-half-year but it had been one of the best performing sector from 2017 to 2020.

​There is a fairly significant macro improvement for India in terms of external accounts. So I do not think you can take a view that I will be in consumer or I will be in industrial or I will buy high ROE companies or I will buy low ROE companies wh...

I think a lot of it has to do to my mind with two or three things. One is your external account situation obviously has gone through a sea change because energy prices are down, service exports have done well. The dollar itself has weakened.

We expect the consolidation phase for Indian equities to continue for the next couple of quarters. While the earnings outlook for India remains resilient, global monetary conditions are tight, and growth is expected to slow down.

Gunwani also served as the Deputy CIO (Equities) at ICICI Prudential AMC. Gunwani graduated from IIT Madras and has a postgraduate diploma in management from IIM Bangalore.

The fund house managed Rs 79,000 crore in fixed income and Rs 28,360 crore in equity as on December 31, 2022.

Many investors look at mutual fund managers before investing their money in a scheme. Mutual fund analysts believe that investors should not immediately exit from the scheme just because the fund manager has left.

Gunwani was managing many popular schemes like Nippon India Flexi Cap Fund, Nippon India Growth Fund and Nippon India Balanced Advantage Fund.

Bhan, who has been with the asset manager since 2004, is the deputy CIO-equity. He manages products including Nippon India Large Cap, Nippon India Multi-Cap and Nippon India Pharma Fund. Nippon Life had assets worth ₹2.85 lakh crore as on September ...

“In an inflationary scenario, where commodities are doing pretty well, interest rates are going up in a stock market correction rather than going down, the valuation multiples of high price to earning kind of stocks is actually correcting. That mean...

“The central banks in the western developed economies are significantly behind the curve. In that scenario, the traditional defensives may not work because even if there is a slowdown and not a recession, while the central banks will have to keep hi...