House Voice

'Factor-based funds will be key player in investment landscape'

Exclusive conversation with Nirmay Choksi, Associate Director at NJ Asset Management

Interview with Nirmay Choksi of NJ Asset Management

How is your team viewing the current market valuations and preparing for possible corrections? In the last 12-18 months, the markets have expanded significantly. Indices like BSE Sensex and Nifty 50 are trading slightly above historical P/Es, while the Nifty Midcap 150 and Nifty Smallcap 250 indices are significantly above historical valuation levels. At NJ AMC, we follow a 100 per cent rule-based investment approach, focusing on high-quality businesses with high and consistent profitability, stable cash flows, regular dividends and low debt. Our flagship NJ Flexi Cap Fund,NJ Balanced Advantage Fund and NJ ELSS Tax Saver Scheme maintain high-quality portfolios while diversifying across market caps. Investing in high-quality businesses with lower volatility can help protect against market downturns. The NJ Balanced Advantage F

This article was originally published on November 04, 2024.