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In a slowing economy, finding growth stocks is tough. But Birla AMC’s Mahesh Patil has some ideas

In a slowing economy, finding growth stocks is tough. But Birla AMC’s Mahesh Patil has some ideas
In a slowing economy, finding growth stocks is tough. But Birla AMC’s Mahesh Patil has some ideas
Mahesh Patil, chief investment officer of Aditya Birla Sun Life AMC; image credit: Company

Synopsis

Mahesh Patil’s Birla Frontline Fund has had a good year, but its overall performance for the past two years has been lackluster. The fund now requires big ideas to drive in the returns to be at the top, and Patil is betting on banks and digital companies. Will it pay off?

Fifty five-year-old Mahesh Patil, the CIO of Aditya Birla AMC, is no stranger to stock-market crashes. Whether it is betting on disruptors or catching falling knives — from his 17th-floor office in a business park located in bustling Lower Parel — Patil is always looking for companies with growth. That also at a reasonable price. At a time when the US elections have closed and one major event behind him, Patil knows the market ahead is a tough
( Originally published on Nov 11, 2024 )
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The Economic Times
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