We do not take cash call.
We remain fully invested across our funds and yes, the flows have been very strong and market near all time high level, so it’s a difficult task.
For 24 years of my career I used to pray that foreign institutional investors (FIIs) should buy so that my investors can make money.
Today my prayer is that FIIs should sell so that I can buy stocks cheap for my investors and get them money.
–from a 2017 interview by Nilesh Shah,MD,Kotak Mahindra AMC
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