The Hindu Business Line, Jul 28, 2016
In 2016 as well, returns from the benchmark indices will diverge significantly from individual stock returns, according to private wealth manager Sanctum Wealth.
This is a continuance of the trend last year when the indices have negative returns, while specific stocks still returned profits to investors.
However, valuations of such stocks may still be steep, Sunil Sharma, Chief Investment Officer, said in a press conference.
“The index is valued at 23-24 times trailing earnings, and we’ve seen this lead to corrections in the past.” But India offers stellar growth options while being valued on par with markets like the US, and in a world with high valuations in general but low growth potential.
A report by the wealth manager added that suppliers of cement, transportation, financing, construction equipment and building materials are waiting in the wings to emerge as big winners as infrastructure improves across the country.
“As the global village shrinks, Indian companies are extremely well-positioned to gain market share from global markets in healthcare, textiles, speciality chemicals, consumer goods and information technology,” the report added.
As possible investment avenues for the public, Sanctum recommended mutual fund schemes like Motilal Oswal MOSt Focused Midcap 30 Fund, Mirae Asset Emerging Bluechip Fund, ICICI Prudential Focused Bluechip Fund, UTI Transportation and Logistics Fund and IDFC Infrastructure Fund.
Registered Office: CoWrks, Level 3, Birla Centurion, Century Mill Compound, Pandurang Budhkar Marg, Worli, Mumbai - 400030 Contact number: +91 22 6288 6100 | CIN: U74140MH2015PTC264932
CoWrks, Level 3,
Birla Centurion, Century Mill Compound,
Pandurang Budhkar Marg, Worli, Mumbai - 400030
Contact number: +91 22 6288 6100
| CIN: U74999MH2017PTC302008 |
Real Estate Regulatory Authority License no. (A51900011805)
For any grievance or disputes please contact us at the above address and phone number or send us an email to firstname.lastname@example.org. In case you are not satisfied with the response, you may contact the stock exchanges directly: (NSE) Tel: +91 22 2659 8190 / 1800 2200 58 (Toll free) or Email: email@example.com; (BSE) Tel: +91 22 2272 809 or Email: firstname.lastname@example.org.
Filing complaints on SCORES – Easy & Quick a. Register on SCORES portal b. Mandatory details for filing complaints on SCORES I. Name, PAN, Address, Mobile Number, E-mail ID c. Benefits: I. Effective communication II. Speedy redressal of the grievances
Trading and investments in Securities are subject to market risk, there is no assurance or guarantee of returns. Please read the PMS Disclosure Document, Risk Disclosure Document and Dos and Don’ts prescribed by the Exchanges and Mutual Fund Offer Documents carefully before investing
Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No need to worry about the refund either, as the money remains in the investor’s account. Prevent Unauthorized Transactions in your demat and broking account −> Update your mobile numbers/email IDs with your stock brokers and depository participants. Receive information of your transactions directly from Exchange & NSDL on your mobile/email at the end of the day..... Issued in the interest of Investors. (Ref Circular No : NSE/INSP/27346, BSE/ 20140822-30, NSDL 2014/94/97 & 2015 / 104). KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.