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We launched our Portfolio Management Services (PMS) on 9th May 2021 and we got very good traction in the first year of its inception only. We staggered the entry in equities and parked the funds for over 2 months.

"Last two quarters, agri loans were a bit of a problem, so we need to wait for the management to tell us how the agri loans are really performing," says Aditya Shah, JST Investments.

The core strategies in the fund are a mix of futures market-neutral meaning zero net exposure strategies using single stock futures and tail risk hedged options strategies. So, the goal is to generate alpha without being directional on the markets and there are lots of such opportunities right now and some examples are sectoral rotation, relative momentum, and volatility arbitrage. We follow a low net exposure strategy so we will have a 5-7% net long position in the current market environment.

In fact, Infosys even said that they are looking forward to price increases coming through in FY24. My take is that in the pressured macro environment we are currently in, I would probably think that customers are going to push back and very likely they are going to get some pricing cuts because the competitive intensity is fairly high.

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The bank has set the record date as May 16 to determine those shareholders eligible to receive the dividend.

Essentially, it is a factor of market movements. Market was very volatile during the month of March. So naturally, the market has an impact on the NAV and consequently on the AUM.

The outlook for this fiscal year is again pretty good because of the pre-election year. You always have a pretty high government spend on infrastructure as well as housing and you will actually see it coming through

​​The pre-provision operating profit (PPoP) rose 14.4% YoY to Rs 18,621 crore. Provisions and contingencies for the quarter were Rs 2,685.4 crore compared with Rs 3,312.4 crore in the corresponding quarter a year ago.

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Additionally, if we dig a bit deeper, we might ask for details about a company’s management group or its many business divisions. (of course, keep in mind that the information might not be accurate).

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