Rajeev Thakkar Explains Why PPFAS Is Avoiding Momentum Stocks Right Now

Why is PPFAS Mutual Fund staying away from momentum trades despite the market frenzy? In this insightful conversation, Rajeev Thakkar, CIO & Director of PPFAS Mutual Fund, explains why his investment strategy remains sector agnostic and valuation focused. While pharma continues to remain a steady allocation in the portfolio due to its defensive nature, Thakkar reveals why PPFAS is not aggressively chasing industrial and momentum stocks despite their strong rally. Instead of blindly following benchmark weights or peer portfolios, PPFAS focuses on buying businesses that look fundamentally attractive and staying invested for the long term. Watch this sharp take on valuations, market trends, pharma opportunities and why disciplined investing still matters in volatile markets.