Stories
IKIGAI Asset Management: Is it Time to Buy Amidst Nifty's Decline?
- •Nifty has closed in the red for eight consecutive weeks, leading to investor uncertainty.
- •Pankaj Tibrewal, Founder & CIO of IKIGAI Asset Management, views the current market fall as a buying opportunity.
- •Tibrewal's optimism is supported by improving earnings, strong liquidity, and historical market trends.
- •He discusses the growth versus value debate, highlights risks in stretched valuations and new IPOs, and identifies beaten-down sectors poised for re-rating.
- •Key risks include high oil prices and rising global yields; advice is offered for nervous retail investors.
Key Questions Answered
Pankaj Tibrewal, Founder and CIO of IKIGAI Asset Management, views the current market drop as a chance to put money to work because of improving earnings, strong liquidity, and historical market patterns. The firm notes that India's domestic economy remains a robust source of long-term earnings growth despite global uncertainty.
More than 70% of Ikigai's portfolio is linked to domestic growth themes to insulate against global volatility. Its largest allocation is in materials at around 27.1%, followed by industrials at 23.9%, and financials accounting for 15% of the portfolio.
Pankaj Tibrewal has highlighted key risks such as high oil prices and rising global yields. He also pointed out red flags related to stretched valuations and new initial public offerings (IPOs).
