Prudent Equity News Today

Nifty Midcap index has surged 55.5% in last 12 months compared to Niftys 22.3% gain. Experts caution against market froth in broader markets due to massive run-up. With election results approaching, largecaps could benefit from policy certainty post elections, attracting foreign investors.

Indian shares struggled for direction on Wednesday, as investors avoided large bets due to uncertainty around the outcome of local general elections and ahead of the Federal Reserve minutes due later...

Siddharth Oberoi, Founder of Prudent Equity, says irrespective of the poll outcome, certain sectors that have consistently outperformed regardless of political factors will offer buying opportunities

AIFs are regulated by the Securities and Exchange Board of India (SEBI) and can be formed as a trust, company, or Limited Liability Partnership (LLP). The minimum investment for an investor in an AIF is Rs. 1 crore.

Siddharth Oberoi of Prudent Equity AIF talks about his investment strategy as stocks hit record high

"Given that our domestic economy is growing at a decent rate, the investor community currently believes that every market decline is a buying opportunity and is, thus, investing heavily. However, as the saying goes, “if there is value, buyers will find you in the middle of the ocean, in the dead of the night.” Hence, if the markets have growth and reasonable valuations to offer, both FIIs and domestic inflows will continue."

Siddharth Oberoi of Prudent Equity is yet not bullish on IT businesses as we still believe there is growth and valuation mismatch.

Caution is advised when considering investments in the small-cap category. Valuations have surged far ahead of fundamentals, raising concerns about potential market corrections. In addition to small-caps, we are also vigilant about micro-caps, said Aman Soni, Head of Operations at Prudent Equity

"We have been focused on implementing our investment strategy in our maiden AIF fund which has worked in all economic cycles over the last two decades. We categorically reject the idea of “Buy at any Price.” We are among the highest returns performers thanks to our strategy of remaining committed to the idea of not overpaying and avoiding the sense of losing out."

Siddharth Oberois Prudent Equity follows a checklist approach, using strict parameters to gauge performance of companies and sectors before investing. The fund has delivered a 41% return in seven months of operation