Past positions: Was with Zurich AMC (India) as CIO and with SBI MF as fund in-charge.
Investment mantra: Well-established but flexible principles that rely extensively on fundamental research.
Best call over the past few months: Infrastructure. Also we remained underweight in IT and FMCG which has worked well for us.
Worst call over the past few months: Staying away from sectors which displayed strong price momentum, but we did so because the underlying fundamentals did not seem strong.
Top picks right now: Bharat Electronics, ITC, Maruti Udyog, United Phosphorus, Himatsingka Seide.
Advice to small investors: Have a clear understanding of long-term financial goals.
Worst mistake small investors make: They get carried away by emotions.
Prashant Jain, Executive Director and CIO, HDFC Mutual Fund
