FM Atul Bhole has taken tactical calls in these sectors recently

It's been four months since Atul Bhole shifted gears, moving from DSP Mutual Fund and joining Kotak Mutual Fund as a fund manager. At Kotak, he manages two of our recommended funds—Kotak Emerging Equity and Kotak Equity Hybrid funds. We've already noticed some stir in these funds' portfolios. In our recent conversation, Bhole delves into the rationale behind these portfolio adjustments. Below is an edited portion of our interaction. You've generally been a fund manager with a strong quality and growth orientation in mind. At Kotak, there's a more institutionalised framework, with the selection of companies tilted towards GARP (growth at a reasonable price) strategy. Any changes you had to make to your investment style and processes to adapt since joining? I agree that the processes are based on the GARP framework and the team's strategies are very strong at Kotak. But, at the fund management level, each individual fund manager is given a lot of freedom in terms of the way he wants to select stocks and construct portfolios. At Kotak, our experienced analyst team covers over 450

This article was originally published on May 31, 2024.