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News From Press We still have 23% cash, kept the same portfolio since March: Raunak Onkar, PPFAS MF

We still have 23% cash, kept the same portfolio since March: Raunak Onkar, PPFAS MF

Source: The Economic Times Jul 12, 2018

We are okay with buying companies growing at the same rate at which they were valued in terms of earnings cash flow multiples, Raunak Onkar, Head - Research, PPFAS MF, tells ET Now.

Edited excerpts:

You were bearish as a house, you were sitting on a huge amount of cash in March and April. Your strategy has worked out well. What is your market call now?

Essentially the portfolio is remaining the same since March ..

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