Tag: nippon life india asset management ltd

MUMBAI: Sailesh Raj Bhan has become wary of the exuberance surrounding Indian stocks as a $790 billion rally since late March rambles on.The chief investment officer at Nippon Life India Asset Management Ltd says it’s increasingly difficult to find opportunities in the $3.8 trillion market, where benchmarks have just hit record highs. That’s after a focus on high-conviction bets at reasonable prices helped place three of his firm’s equity funds among this year’s 10 top-performing Indian mutual funds, the strongest showing among peers.“You are in a market where...