Business to consumer will remain one of the fastest-growing segments

BNP Paribas Asset Management India Pvt. Ltd’s track record, post Anand Shah’s joining the fund house in 2011 has been good. But, the calendar year of 2016 exposed chinks in stock picking strategy. Shah, as the fund house’s chief investment officer (now he is also the deputy chief executive officer and oversees the fund management as well as sales), has always liked investing in shares of consumer-facing companies. But last year, demonetisation and the entry of Reliance Jio in the telecom space adversely impacted his portfolios. His holdings in the telecom sector proved very costly. Will he be able to recover from this fall? Mint spoke to Shah to find out his future strategy. Edited excerpts:

Click here to know more >>