NILESH SHAH

Know Your Fund Manager | Atul Bhole, Senior Fund Manager, Kotak Mahindra AMC

Growing up in Bhusawal and navigating an unconventional journey through commerce, CA, and MBA, this fund manager found his passion in equity research. With experience across top mutual funds, he prioritizes quality growth stocks, balanced risk, and investor trust, managing large AUMs with a long-term, disciplined approach.

Kotak Mahindra AMC's Kotak Credit Opportunities Fund announces first close with over Rs 1,200 crore raise

Kotak Mahindra AMC's Credit Opportunities Fund raised over Rs 1,200 crore in its first close, targeting emerging corporates with strategic capital. The SEBI-registered AIF aims to drive growth through performing credit, supporting India’s evolving private credit landscape.

Who will sell in this market? Look for IPOs, OFS & QIPs; Nifty EPS seen at Rs 1,160 in FY26: Nilesh Shah

Kotak AMC's Nilesh Shah projects positive Nifty EPS growth for FY25-FY27. Urban consumption is expected to improve. Geopolitical risks are easing, potentially re-rating Indian valuations. FIIs are returning, supporting market flows. Focus remains on earnings, valuations, and macro improvements. Sectors like IT, cement, and consumer discretionary are under watch. Banks are a key holding, with a stock-specific approach advised.

Investors should stay vigilant and seize stock-specific opportunities: Nilesh Shah

Essentially, we are coming out of situation where we had earlier tighter liquidity, higher interest rates versus that liquidity conditions have eased, interest rates have come off, crude oil prices have corrected and the domestic demand seems to be yet very resilient.

India-Pakistan war shadow 'receding'? How to read the market mood and which stocks to buy

As fears of a full-blown India-Pakistan war are believed to have receded by market analysts, Dalal Street has shifted from anxiety to analysis, focusing on strategic portfolio positioning. Analysts suggest that historical market rebounds after geopolitical events present a 'buy-the-dip' opportunity. Experts recommend focusing on high-quality stocks in sectors like banks, power, and defence, driven by strong growth potential and government capex, while avoiding panic-driven decisions.

Operation Sindoor aftermath: Nilesh Shah on 3 factors driving market trajectory

Kotak AMC's Nilesh Shah notes that global support and potential US warnings have eased market concerns following geopolitical tensions. Strong FPI inflows, returning sooner than expected, and robust domestic flows are driving the market's upward trend. The Indo-UK FTA, which opens up UK export markets, further boosts market confidence, overshadowing potential worries.

Tribunal upholds I-T attaching 900 accounts in Buldana Coop case

The Income-Tax department investigated Buldana Urban Cooperative Credit Society. The probe revealed suspicious transactions and attached 900 bank accounts. Funds of over ₹52 crore were linked to PWD contracts. The society was under scrutiny due to a loan to a sugar mill connected to Ashok Chavan. Searches on builders Prashant Nilawar and Jayant Hiralal Shah uncovered cash transactions.

Supply setback sends saffron past Rs 5 lakh mark

The closure of the Attari-Wagah border, following a terror attack, has disrupted saffron supplies from Afghanistan, causing retail prices of top-grade saffron to surge over 10% to ₹5 lakh per kilogram. While demand remains strong, especially for traditional sweets during wedding season, northern buyers are pulling back due to the attacks.

Nilesh Shah lists 5 key challenges faced by mutual fund managers in generating alpha

Kotak Mutual Fund’s schemes have consistently delivered alpha across SIP, point-to-point, and rolling return bases, despite multiple constraints, said Nilesh Shah. Highlighting challenges like cash drag, stock weight limits, and transaction costs, Shah likened fund managers’ efforts to running a hurdle race while being judged as if they ran a flat race, showcasing resilience in outperforming benchmarks.

Planning to invest in gold? Here’s what 4 market experts say

Add 360 One Wam, target price Rs 1,173: ICICI Securities

ICICI Securities maintains an Add call on 360 One Wam with a target price of Rs 1,173, citing growth opportunities from acquisitions and collaborations. Despite a slight dip in consolidated total income for the quarter ended March 2025, the brokerage anticipates future earnings growth, factoring in dilution from UBS's stake acquisition. They maintain a 35x multiple on FY27E EPS.

Experts suggest investors to accumulate precious metal, but follow asset allocation

Even so, experts suggest that investors should maintain prudent allocation to the precious metal. Poonam Rungta, certified financial planner, says: "Just because gold price is high, doesn't mean it should not be there in your portfolio. We always recommend having gold allocation to the extent of 10-15% of your corpus, irrespective of its price."

Explained: Will NRIs be liable for capital gains tax on mutual fund sales in India?

The case involved A Shah, a Singapore tax resident, who declared capital gains of Rs 88.75 lakh from debt mutual funds and Rs 46.91 lakh from equity mutual funds for the financial year 2021–22.

As global bond markets roil, can Indian bonds offer shelter if US yields spike?

ICICI Bank’s B Prasanna says Indian bonds may not remain immune if US yields spike amid global uncertainty. While local yields react less, a sharp move in US rates could trigger short-term pressure on Indian government bonds.

Nilesh Shah backs bonds for capital preservation amid uncertainty

Amidst global economic uncertainties, Kotak Mahindra Asset Management's Nilesh Shah advises investors to prioritize fixed income instruments like bonds for capital preservation. He suggests that falling interest rates can boost bond prices, offering both safety and potential gains.

No need to panic, over medium term, India to become a standout destination: Nilesh Shah, Envision Capital

Nilesh Shah of Envision Capital says it is not time to panic. Big bear markets were seen during COVID, during the global financial crisis or during 9/11. They lasted for six to nine months. India peaked out about six months ago. Maybe it is a question of another three to six months. It is better to bide the time and be more prepared for the next round of up move.

RBI did best to tackle Trump's unpredictable moves, says Nilesh Shah after rate cut

This is the second consecutive rate cut by the RBI this calendar year and the first in the current financial year, marking the second under Governor Malhotra. In February, the central bank had lowered the repo rate by 25 basis points. Prior to this, the repo rate had remained at 6.5% for 11 consecutive meetings.

Stocks to Buy | Smart Investing in Tough Times: Nilesh Shah’s Sectoral Outlook

Let RBI manage rupee; buy into mkt dip but don’t be in a hurry to deploy: Nilesh Shah

Nilesh Shah of Kotak AMC advises investors to prioritize quality stocks and valuation amidst global uncertainties, advocating a cautious approach to deploying capital during market corrections. He anticipates opportunities arising from President Trump's actions. Shah believes the rupee's movement will mirror the Chinese currency, emphasizing the need for competitiveness and trusting the RBI to manage volatility effectively.

This is not the time to take cash calls, go back to drawing table to evaluate opportunities: Nilesh Shah, Envision Capital

Nilesh Shah of Envision Capital advises against holding cash. He suggests a constructive and proactive approach. Focus on sectors like consumer goods, digital platforms, and infrastructure. These are less dependent on global events. Financials also present a domestic-led opportunity. Corporate India may see export opportunities due to tariff changes. IT sector may offer value buying opportunities soon.

Buy into corrections gradually to become overweight on equities as markets turn cheap, says Nilesh Shah of Kotak Mutual Fund

Nilesh Shah of Kotak Mutual Fund advises investors to gradually buy into market corrections and stick to their asset allocation amid global volatility driven by Trump’s tariff war. While cautioning against short-term predictions, he sees opportunities in domestic themes like cement and consumer discretionary. Shah believes India can strategically benefit by attracting manufacturing from other Asian peers.

History Repeats? US tariffs have always preceded recessions, warns Nilesh Shah

Shah connected the recent synchronized sell-off across global asset classes—including US equities, silver, crude oil, bonds, and Bitcoin—to growing fears over a slowdown in global growth.

Can India become a beneficiary instead of a victim of trade wars? Nilesh Shah explains

Nilesh Shah, MD of Kotak AMC, explains that global uncertainty, including the US tariff war, is causing short-term market volatility. Investors are cautious, and asset classes face synchronized selling. India's market status and its potential benefit from these tariffs depend on how well the country captures emerging opportunities amidst global economic instability.