India's Market Strength Intact Despite Tariff Concerns: Kenneth Andrade:

Kenneth Andrade, portfolio manager at Old Bridge AMC, shared with CNBC-TV18 that India continues to maintain its global competitiveness. He clarified that recent disturbances related to tariffs have not significantly altered the country’s economic position. Andrade emphasized that India only needs to adjust its tariff policy slightly while continuing its forward economic progress.

He further noted that much of the volatility in the financial markets has likely subsided. According to him, excesses in valuations and speculative trends have mostly been corrected, leading to a more stable investment landscape.

Positive Outlook for Long-Term Investors

Andrade highlighted that current market conditions may benefit long-term investors. He projected that annualized returns of approximately 12% could be sustainable. Despite this, he pointed out that deep value opportunities remain limited. Financial stocks are showing compelling valuations, though operational challenges in the sector continue to exist.

Outlook on PSU Banks and Portfolio Composition

Speaking on public sector banks, Andrade anticipates that returns will generally mirror those of the broader market. When outlining his investment strategy, he disclosed substantial allocations to the pharmaceutical, information technology, and metal sectors. He also maintains a selective position in the aviation industry.

Pharmaceuticals stand out as his highest-confidence sector. Metals represent about 10% of his portfolio. In the breweries segment, Old Bridge AMC currently invests only in Radico Khaitan, as Andrade views the segment as overcrowded and overvalued.