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SEBI cuts approval time for alternative investment funds with new GARUDA framework
SEBI has approved a faster launch process for Alternative Investment Fund (AIF) schemes, reducing the waiting period from 30 days to 10 working days in most cases. The move is aimed at helping fund managers deploy money more quickly into start-ups, private credit, infrastructure and other investment opportunities.
Devang Mehta prefers capital market stocks over IT sector
Devang Mehta, Deputy MD & CIO-Equity at Spark Private Wealth Management, said India’s ongoing shift toward investing through mutual funds, PMS, wealth managers and capital market platforms offers a long-term growth opportunity. While remaining cautious on large-cap IT stocks due to weak growth visibility, he prefers capital market-linked businesses, power automation, engineering, manufacturing and discretionary consumption sectors, citing their potential to benefit from structural trends over the next three to five years. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Renaissance Investment CIO sees value in IT, autos and financials
Pankaj Murarka, CEO & CIO of Renaissance Investment Managers, says the global AI investment boom could benefit Indian IT services as enterprise adoption rises. He believes fear-driven selling in IT stocks is fading and sees value emerging in the sector. Murarka is also positive on autos, EV-linked themes, energy and financials over the medium term, while cautioning that some AI and power infrastructure stocks are difficult to justify on traditional valuations.
Engineering, cement, autos remain top cyclical bets; IT turns attractive: ASK’s George Joseph
Managing nearly $1.21 billion in assets as of April 30, ASK Investment Managers is turning positive on large-cap IT despite worries around AI disruption, says CIO & CEO-Equity George Joseph. He believes fears over AI replacing Indian IT firms are exaggerated, as these companies will continue to play a critical role in system integration and enterprise tech rollouts. ASK has remained constructive on sectors such as engineering, capital goods, cement, autos, banking & financial services, and commodities, seeing them as beneficiaries of the ongoing cyclical uptrend. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Prashant Jain: India resilient to oil shock, sees above-average returns from current levels
Prashant Jain, Founder & CIO of 3P Investment Managers, is more comfortable with largecaps. He believes small and midcaps have run ahead of fundamentals over the past couple of years, and even after the correction, valuations are not compelling at a category level.
Sohum Asset CIO backs HDFC Bank, calls recent concerns temporary, sees valuation opportunity
Sohum Asset Managers’ CIO Sanjay Parekh said investor caution stems from uncertainty despite regulatory reassurance and management clarity. He highlighted strong long-term fundamentals, stable growth outlook, and improving merger-related metrics. Parekh expects sentiment to normalise soon, with institutional investors likely to stay steady. He maintains a positive stance and continues to hold and add to the stock at current levels. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Quest Investment CIO sees financials outperforming IT
Rakesh Vyas, CIO & Portfolio Manager at Quest Investment Managers, says markets may stabilise as energy risks ease and valuations turn supportive, though FII selling remains a drag. He stays positive on India’s earnings outlook but cautious in the near term. IT faces AI-led uncertainty despite selective opportunities, while financials and NBFCs look stronger on improving credit growth and consumption trends.
Watch | Buy the dip, says Emkay’s Manish Sonthalia; PSU banks, autos & metals in focus
Manish Sonthalia, CIO of Emkay Investment Managers, says geopolitical dips are buying opportunities, as markets typically recover within 6–9 months. He is deploying fresh flows into autos, financials, pharma, consumer durables, power transmission and select defence. He favours PSU banks over private lenders on valuations and sees AI driving demand for critical minerals, metals and energy. IT remains underweight while India could attract inflows as stability returns.