Welcome to the seventh episode of the Know Your Fund Manager series. In this episode, Satya Sontanam from Zerodha Varsity interviews Neelesh Surana, the Chief Investment Officer (Equity) at Mirae Asset Mutual Fund.
Mirae Asset Mutual Fund, backed by its South Korean parent company, has quickly established itself as one of the fastest-growing AMCs in India after its inception. The strong performance of its funds has been a driving force behind this growth.
Satya recently spoke with Mr. Neelesh Surana, the Chief Investment Officer of Mirae Asset Mutual Fund, to understand their investment philosophy, which revolves around investing in quality stocks. Quality, as Mr. Surana explains, is defined by factors such as growth potential, strong return on capital employed (ROCE), capable management, and reasonable valuations.
Known for their contrarian investment approach, the fund house strives to deliver consistent returns. In this insightful discussion, he also addresses the recent underperformance of some of their funds and shares the fund house's approach to overcoming such challenges. Watch the video to learn more about their strategy and perspective.
Time Stamps
00:00 Upcoming
00:36 Intro
01:23 Markets - Then vs Now
08:54 Style on investing
15:08 Deviating from index
21:16 Sector Selection
24:06 Contrarian Investing
28:24 MF Vs direct investing
32:04 Decluttering Information
36:09 Funds
40:05 Team at Mirae
45:56 Performance
51:23 Rapid fire
Links to Refer
Ep 1- Vishal Jain of Zerodha Fund House
https://www.youtube.com/watch?v=1uY1d48aiak&list=PLX2SHiKfualEEJpRnxNpm59SWMJzTo4lM&index=1
Ep 2 - Rajeev Thakkar of PPFAS MF
https://www.youtube.com/watch?v=SJevNDWJb8w&list=PLX2SHiKfualEEJpRnxNpm59SWMJzTo4lM&index=2
Ep 3 - Sankaran Naren of ICICI Pru MF
https://www.youtube.com/watch?v=34V3jDDFL00&list=PLX2SHiKfualEEJpRnxNpm59SWMJzTo4lM&index=3&t=1701s
Ep 4 - Shridatta Bhandwaldar of Canara Robeco MF
https://www.youtube.com/watch?v=UKzWYQ8B5ec&list=PLX2SHiKfualEEJpRnxNpm59SWMJzTo4lM&index=4
Ep 5 - Vinit Sambre of DSP Mutual Fund
https://www.youtube.com/watch?v=cQ5H33c17xs&list=PLX2SHiKfualEEJpRnxNpm59SWMJzTo4lM&index=5&t=602s
Ep 6 - Sanjay Chawla of Baroda BNP Paribas Mutual Fund
https://www.youtube.com/watch?v=Kb6jB1I2U3Q&t=4s
Learn more about Mutual Funds here: https://zerodha.com/varsity/chapter/introduction-to-mutual-funds/
Other Important Links
You can put your stock market knowledge to the test by taking the Varsity Certification test here: https://zerodha.com/varsity/certified/
Social Media
Twitter - https://twitter.com/ZerodhaVarsity
LinkedIn - https://www.linkedin.com/company/varsity-by-zerodha%C2%AE
Instagram - https://www.instagram.com/zerodhavarsity/?hl=en
#analysis #investing #finance #stockmarket #financialeducation #varsity #zerodha #bear #emotions #trader #investor
Featured Playlist
Beginners Guide to Personal Finance
https://www.youtube.com/playlist?list=PLX2SHiKfualGsjgd7fKFC-JXRF6vO73hk