Dinshaw Irani, Chief Investment Officer (CIO) at Helios India, on Tuesday talked to Zee Business Managing Editor Anil Singhvi and revealed what will be the company’s theme and outlook for 2021. He said the company will continue with the strategy that it has been following over the last 25 years.
Talking about the outlook for 2021, Helios India’s chief investment officer said, “Last year saw some fall, however, the company will continue with its three themes—Private banks, demographics and export-oriented companies. Demographics comprise under-penetrated consumer names and NBFCs, while export-oriented companies will have sectors such as IT, Pharma and chemical. We will continue with these themes .”
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कोरोना के चलते IT सेक्टर का ट्रेंड ही बदल गया, अगले 3-4 साल इस सेक्टर में ग्रोथ रहेगी। प्राइवेट बैंक, इंफ्रा, हेल्थ और कंज्यूमर सेक्टर पर भी करें फोकस: दिनशॉ ईरानी, CIO, #HeliosIndia
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Explaining the rationale behind picking private sector banks that compete with government banks, he said by default government companies are a bit slow and it gives advantage to private sector banks. “This sector has opened in 90s, however, there is no saturation in it. Public sector still holds two third banking balance sheet ad only one-third is with the private sector. So, there is huge opportunity of growth in the public sector banks because of their efficiency and vision.”
Talking about consumer-focus companies, he said, “The company focuses on under-penetrated urban centric consumer stories. So, we focus on consumer durables and the companies that finance them.”
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About sectors that could perform in export-oriented segment, Irani said, “ IT has performed well from last one and half years and looks formidable for the next 3, 4 years as well. Growth this sector in coming years is almost assured,” he added.