Bottom-up approach pays dividends

A contrarian call also helped when the RBI shifted its focus and increased the cost of funds to stem the rupee's fall

Volatility is the new normal for Indian equities

Sachin Padwal-Desai says he would have been a software engineer if he wasn’t a fund manager. His partner Umesh Sharma probably would have been a chartered accountant. Instead of crunching code or calculating taxes, the two manage over Rs 11,000 crore in assets at Franklin Templeton Investments, and importantly, stand out in their job. The two fund managers have managed to beat their benchmark indices in the last one year in four out of the five funds that they manage.   The widest outperformance is in the ...