The exit of Prashant Jain, the largest public equity mutual fund manager in the country stands out as a case study of sorts for more than what the market may have recognised yet. A study of his portfolio reveals that not only was he a contrarian investor not shying away from unpopular value bets, he has also realigned his portfolios to make it more palatable for the incoming fund manager who will carry the burden of stepping into his large shoes but may not have the clout to carry on high exposure to stocks far removed from popular appeal and prevailing market sentiment.
Is your money management strategy actually working? Key signs you might be off track
Read More