We are very constructive on the entire real estate sector: Harish Bihani

economictimes.indiatimes.com:

«So, regardless of what happened in the past month when people got a little worried about the impact on mid and smallcap due to some notification by the industry body or by a certain other notifications, I guess on average you have a decent medium term time horizon. Things are looking fine to us, we have enough ample opportunities to invest and we are looking for ideas all across,» says Harish Bihani, Kotak Mutual Fund.

Just to get a sense from you, this entire debate which everyone is having is it going to be the year of a complete reversal from a largecaps of their underperformance or is it going to be a year of the continued momentum in midcap and smallcap, what is your view on the same.
I think from a US perspective it is very difficult for anyone to take a call whether it will be a largecaps’ year or a mid or smallcap year. If you have a longer time horizon like next three to five years across caps, across sectors there is enough opportunity in the market today which is what market and the market participants have recognised over the past few years and that has kept the market buoyant.

So, regardless of what happened in the past month when people got a little worried about the impact on mid and smallcap due to some notification by the industry body or by a certain other notifications, I guess on average you have a decent medium term time horizon. Things are looking fine to us, we have enough ample opportunities to invest and we are looking for ideas all across.

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