Pankaj Tibrewal, Senior VP & Equity Fund Manager, Kotak Mutual Fund in an interview to CNBC-TV18 spoke about fund allocations and the spaces or sectors where they found value.
The Kotak balanced fund that he manages, he said the allocation towards equities is around 66-67 percent and the rest is on debt, says Tibrewal.
Kotak Midcap fund that have a size of Rs 624 crore has given a three-year returns at 32 percent and five-year returns at 27 percent.