Crude, Gold & Global Volatility: What Fund Managers are watching in 2026 | Kotak Insights E-18

Описание: In this episode of Kotak Insights, Rohit Murarka is joined by Athol Bhole and Harish Bihani, fund managers at ‪@KotakMahindraMutualFund‬ to decode one of the most complex market phases in recent memory.
From geopolitical shocks and crude oil volatility to inflation, interest rates, AI-led global capex and IPO valuations, this conversation breaks down how professional fund managers are navigating uncertainty.

Key themes discussed:
👉Growth vs inflation in India and globally
👉Crude oil, gold and their impact on markets
👉Domestic flows vs foreign selling
👉Valuations after small- and mid-cap corrections
👉RBI rate outlook and policy choices

A calm, grounded discussion focused on probabilities, resilience and long-term thinking for 2026

Hosted by:
Rohit Murarka - Business Head - Investments & Insurance - ‪@KotakBankLtd‬
Guest:
Harish Bihani - Senior Fund Manager, Kotak Mahindra AMC
Atul Bhole - EVP -Fund Management, Kotak Mahindra AMC

Podcast Chapters:
00:00 – Welcome to Kotak Insights: The 2026 Outlook
01:10 – Unprecedented Geopolitical Shocks
04:45 – Crude Oil, US Price Control & India’s Resilience
06:30 – Valuations Reset: From Euphoria to Opportunity
08:55 – Why FIIs Are Selling (The AI & Growth Deficit)
13:20 – Top Sectors: BFSI, Consumption & Healthcare
14:50 – RBI Stance & The Return of Supply-Side Inflation
17:10 – The Consumption Lag: Why Spending Hasn't Spiked
19:30 – Gold & Silver Rally: The "Distrust" in Dollar Assets
22:45 – Why Multi-Asset Allocation Wins
24:00 – The AI Bubble Debate: Capex vs. Revenue
30:30 – IPO Mania: Separating Winners from Noise
35:40 – Small-Cap Correction in a Stable Economy
40:00 – Closing Thoughts

Subscribe to Kotak Cherry for more conversations with India’s top fund managers.

The podcast was recorded on 14 Jan 2026 at Kotak Mahindra Ltd office.

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