investment strategy: Changed investment style, moved into defensive sectors in last 4 months: Siddharth Vora
Siddharth Vora, Fund Manager & Head Investment Strategy, Prabhudas Lilladher Asset Management, says they have gone from a value momentum style orientation to a quality and low volatility style orientation for the past four months and have significantly reduced the portfolio beta as well. Vora believes the Indian market is in a slightly risky transition zone. Though the bull run is not over, the market is likely to consolidate with a bearish bias given that Indian markets are very richly valued compared with both historical valuation and that of global peers.
There is a lot that is going in the markets for the past couple of days. Indian markets are under pressure. But it is not the same scenario when we talk about the global setup. But…
