How Top Fund Managers Make Money in Chaos? | Ft. Mr. Dharmesh Kakkad | Fund Manager Series

Описание: What does it take to manage over ₹85,000 crores in one of the most volatile market environments? In this episode of the ICICI Prudential Fund Manager Series, Shivank speaks with Mr. Dharmesh Kakkar, Senior Fund Manager at ICICI Prudential Mutual Fund, to understand how professional investors think, manage risk, and uncover opportunities when markets are uncertain.

Drawing from over 16 years of experience, he explains why India has underperformed global markets recently and how intrinsic value helps investors stay rational amid fear and noise.

From his journey within ICICI Prudential-from back office to fund management - to his disciplined framework for long-term investing, this episode offers practical insights for investors, finance professionals, students, and anyone interested in understanding markets and wealth creation.

#FundManagerSeries #ValueInvesting #ICICIPrudentialMutualFund

Timestamps

00:00 – Teaser and Introduction
01:15 – 16-Year Journey at ICICI
03:30 – Indian Economy: Fiscal, Monetary & Growth Outlook
05:38 – Why India Has Lagged Global Markets
06:32 – Value Discovery Fund: Core Philosophy
08:35 – Avoiding Value Traps & Finding Catalysts
10:09 – Where Is the Value Today?
10:48 – Technology: Extreme Pessimism & Margin of Safety
16:05 – FMCG: Growth Revival & GST Impact
18:11 – Oil & Gas: Valuation Comfort
19:06 – Insurance: Regulatory Noise to Opportunity
21:11 – Pharma & Healthcare: Export & Biosimilar Play
23:24 – Banking: Relative Valuation Advantage
25:00 – What Businesses Make It to the Portfolio?
26:27 – Value vs Value Trap Explained
28:30 – Managing Risk & Behavioral Discipline
30:34 – COVID Crash: The Toughest Phase
32:09 – Painful Bets: Utilities & Telecom
33:48 – Position Sizing & Conviction
34:35 – 3 Mistakes Young Fund Managers Make
35:15 – Investment Influences: S. Naren & Howard Marks
36:05 – SLR Principle: Sensible, Logical, Rational
36:41 – Why Investors Forget to “Bargain” in Stocks
37:40 – The Future of AI in Investing
39:43 – Final Advice: Focus on Learning