​Now the big picture what you are mentioning of is the ethanol story. If my memory is serving me right, that last year we purchased around 370 to 375 lakh tonnes of sugarcane from the farmers and if you apply a Rs 350 per quintal as an average rate, that translates into 1.3 lakh crores worth of sugarcane

“This is the time to put your money because if the dollar weakness is played out, steel prices are headed higher so I would be more bullish on the commodity side rather than the soft commodity side. They have played out well. There is a seasonal effect and these stocks have already run up a lot. But metals are where I would be very bullish.”

“IT bellwethers will be under pressure because of the hike in rates in the US but all that is in the price. The communication from IT majors has been extremely positive. AI and cloud computing is on the way. My top pick there is Tech Mahindra and one of my outperformers has been Persistent. Tech Mahindra is headed for Rs 1,250 and Persistent can to Rs 7,000.”

I think equality is not enough. I think we have to go towards equity. It is not enough to provide a level playing ground. We have to make up for the backlog of the past.

I would say that other than choosing finance as a profession before that, the concept of financial freedom, probably my mom had those seeds sown for me because she always wanted to work and she could not work and then she used to feel that probably just depending on one earning member in the family was too risky.

“US’ 2% inflation target is not going to happen for many years. We will probably see inflation settle down around 4% which we've lived with in the past and we could come out of recession with inflation at 4%. But the problem is that what we are seeing now is the residual of the bottleneck situation that we had that was caused by the pandemic.”

This curiosity drove me to the world of equity markets, wherein I not only got a chance to study businesses more closely but also got an opportunity to create wealth for my investors.

Monetary tightening both globally and in India in the last week also had a damping effect on the Indian equity market as also the rise in bond yield in the US.

We believe that there has been a consolidation phase that has been happening in the banking and financial sector and we prefer to opt for the larger banks in the sector. And obviously within that the private sector banks the top three or four have been within our radar and then we have had a couple of public sector banks out there.