Value Research

Markets change, rules multiply, but the fundamentals of wealth creation remain stubbornly the same

Why the loudest critics often miss the point of retirement investing

When stability breeds complacency, investors must rediscover prudence

NPS just got its biggest upgrade ever — find out how this game-changing move could transform your retirement future.

This Diwali, Dhirendra Kumar separates festive glitter from real value — is gold still protection, or is silver the new opportunity?

A new survey shows that India's risk aversion is the real barrier to investment growth

This World Investor Week, Dhirendra Kumar reveals the few decisions that quietly determine whether your wealth compounds—or falls behind.

The real edge in investing has never been about gathering information faster

That viral comparison conveniently omits what matters most: your money and your family's protection

When governments create chaos, investors need calm

SIPs are steady, markets are cooling — is this a red flag or the healthiest thing that could happen to your money?

How margin expansion can translate to wealth creation

Want ₹10,000 a month from ₹10 lakh? Discover the real risks and sustainability on Investors' Hangout.

Why retail investors shouldn't mimic professional fund managers

When policy becomes unpredictable, rational planning becomes impossible

In this episode, Ajay Argal, Senior Vice President and Portfolio Manager at Franklin Templeton Emerging Markets Equity – India, shares his perspective on Indian market valuations, mid- and small-cap caution, and Franklin Templeton's investment philosophy. Managing over Rs 30,000 crore across seven schemes, including the top-rated Templeton India Value Fund and Franklin Build India Fund, Argal explains why India’s long-standing valuation premium over other emerging markets is rooted in fundamentals like higher GDP growth and consistently strong return on equity. He also discusses: Why India's valuation premium remains justified, though not excessive. The risks still present in mid- and small-cap segments despite recent corrections. How the QGSV framework (quality, growth, sustainability, valuation) and GARP style guide investment decisions. How Franklin Templeton evaluates sustainability, long-term growth, and management quality across cycles. The rationale behind the current large-cap tilt in funds like Focused, Value, and Dividend Yield, and how style cycles affect short-term performance. This conversation offers valuable insights for mutual fund investors, equity market enthusiasts, and anyone looking to understand how professional fund managers navigate valuations, style shifts, and market cycles in India.

Why the iPhone frenzy reveals everything wrong with our spending priorities

The Sunjay Kapur estate battle shows why proper will-making matters - and why India needs blockchain authentication

In this episode, Ramesh Mantri, Chief Investment Officer at WhiteOak Capital AMC, shares his insights on where opportunity lies in today’s volatile markets. Despite tariffs, sticky inflation, and global uncertainty, Indian equities have shown surprising resilience. Mantri explains why long-term corporate cash flow growth is the real driver of equity returns, and why this is an ideal environment for active fund managers. With Rs 24,000 crore in AUM and WhiteOak's flexi-cap fund carrying a strong four-star Value Research rating, he outlines how their disciplined, bottom-up process works across both 'flat' and 'turning pitches,' ensuring performance in varied cycles. We also discuss: Why small and mid caps still hold alpha potential despite premium valuations. How WhiteOak builds a diversified mid-cap portfolio of 100+ stocks with a SIP-focused design and low-beta strategy. The reasoning behind staying overweight in IT despite near-term pain, and why smaller IT names continue to deliver alpha. Key opportunities in financials, healthcare, asset management, travel & hospitality, real estate, and high-end manufacturing. Whether you're an SIP investor, a mutual fund enthusiast, or a long-term equity investor, this conversation is packed with practical insights on navigating uncertainty while building wealth.

Why your first fund shouldn't be your best fund