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Past positions: Worked with SBI Mutual Fund, Birla Sun Life AMC and Stratcap Securities.
Investment mantra: Invest in companies that have a strong sustainable business, growth potential and a good management team.
Best call over the past few months: Going underweight on technology and overweight on engineering and capital goods at the beginning of 2007.
Worst call over the past few months: Overweight call on the pharma sector did not do well until recently.The sector did not fully participate in the rally but saved value during the fall.
Top picks right now: Sectors like FMCG, media, infrastructure and retail.
Advice to small investors: Investors must have realistic expectations and refrain from reacting to speculation.They should not let stock price performance become the sole reason for buying.
Worst mistake small investors make: They react strongly to short-term market trends, which influence their entry and exit decisions. This impacts the return potential of their funds.
Nimesh Chandan is Fund Manager with ICICI Prudential AMC.
