Stories
Sanjay Doshi Predicts Strong Earnings Growth and Top Sector Bets for Investors
- •Sanjay Doshi of Abakkus Mutual Fund anticipates a pickup in corporate earnings with double-digit growth within reach in upcoming quarters.
- •The market continues to present solid investment opportunities, though finding them requires deeper research and selective stock picking.
- •Doshi addresses the ongoing market dynamic involving heavy selling by Foreign Institutional Investors countered by strong support from Domestic Institutional Investors.
- •He shares insights into his most bullish sector outlooks and outlines top holdings across Abakkus large-cap, mid-cap, and small-cap funds.
Key Questions Answered
Sanjay Doshi, Head of Research and Investment at Abakkus Mutual Fund, expects corporate earnings to improve in the quarters ahead, with double-digit growth well within reach. He notes that while the market still offers solid opportunities, investors must dig deeper to find value amid a tug-of-war between heavy FII selling and DII support.
A study by Abakkus Mutual Fund indicates that large and mid-cap funds have emerged as attractive options due to improving fundamentals, a recent market correction, and lower valuations. Nearly 59 percent of stocks in this universe are trading more than 20 percent below their all-time highs, creating potential entry points for long-term investors.
Abakkus remains constructive on Indian equities, highlighting manufacturing, financials, and premium consumption as India's strongest long-term investment themes. The fund house is optimistic on companies capable of delivering robust multi-year earnings growth while trading at reasonable valuations.
