Our target was to beat the Nifty by 6 to 8%, right now we are beating it by about 25%: Nikhil Kamath

Besides the capital markets stint with Zerodha, Nikhil Kamath co-founded True Beacon in 2019 and launched True Beacon I, the first flagship fund in category 3. True Beacon is an Asset Management Company in Alternate Investment Fund (AIF) space which aims to disrupt the market by adopting a zero upfront fee and only profit sharing model. In a video interview with Money Today's Naveen Kumar, Nikhil Kamath, Co-Founder and Chief Investment Officer, True Beacon & Zerodha, shares his fund management experience, investment insights and future strategies.

I think pharma is one of the top picks that we have. I think there is a big case going on in the world for why supply chains need to hedge the risk they have, because most of them have China as a big part of supply chains. Be it the Western world which is consuming, or even the Asian ecosystem which is consuming. For India to make a case that manufacturing has to move from China to India, I think a lot of money has to be spent on infrastructure. I think there will be significant spending, both by the government and the private industry in the infrastructure space. I think that's one pocket which will do well, along with pharma. I also typically like IT, I mean there is a tail risk here because the US elections, Trump will have to say something which is against outsourcing, anti-immigration and stuff like that because they are due in November. But IT as a sector typically has longer term contracts. So, you would typically find the Infosys, which gets a large contract will have like a five year or ten year contracts and these companies typically do much better in times of uncertainty like right now. So, IT, Pharma and Infra and maybe you can even add FMCG and Consumption to that, would be some of the top sectors that we like.