FLAME University

FLAME INVESTMENT LAB

The Epicentre of Value Investing in India

Mr. Navneet Munot is the MD and CEO - HDFC Asset Management Company Limited.

Mr. Munot has over 30 years of experience in financial markets. Before joining HDFC, he has worked with SBI Mutual Funds as Chief Investment Officer, Morgan Stanley Investment Management as executive director and head of multi-strategy boutique and Birla Sun Life Mutual Funds as CIO for fixed income and hybrid funds.

Navneet has a Master’s degree in Accountancy and Business Statistics and is a qualified Chartered Accountant.

He is a Charterholder of the CFA Institute and CAIA Institute. He has also done Financial Risk Management (FRM).

Navneet’s person of the year annual letter is widely read and valued by all pedigrees of investors.


Interviews and Articles

On top of the world, yet a long way to go!
In many ways, India is now a global leader. Domestic risk capital is a critical pivot that will help us become Aatmanirbhar and prepare us for the next leap forward.
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/On-top-of-the-world-yet-a-long-way-to-go

Person of the Year 2022
Annual Article by Navneet Munot
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/person-year-2022

India -Soaring high at 75
A look back at the fascinating journey of India's capital markets and their pivotal role in shaping India's future in Amrtikaal
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/india-soaring-high-75

Expecting the unexpected
Over the years, financial markets have grown used to expecting the unexpected. However, it would be fair to say that 2020s have just taken this to an altogether different level.
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/expecting-unexpected

Person of the Year 2021
Annual Article by Navneet Munot
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/Person-of-the-Year-2021

Mutual funds have barely scratched the surface
Given the level of under-penetration of mutual funds and other financial products and services in the country, there is enough room for multiple asset classes and service providers to thrive and grow simultaneously.
https://www.valueresearchonline.com/stories/49925/mutual-funds-have-barely-scratched-the-surface/

Looking back, moving forward
The second wave of Covid turned out to be lot more painful but the public discourse this time was not only on ‘survival’ but also on the big R of “Revival”.
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/looking-back-moving-forward

Contagion of Hope
As the saying goes “A problem is a chance for you to do your best” and this was a year when the world rose to the challenge – individually and collectively.
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/welcoming-the-contagion-of-hope

The debate now is of active and passive
The debate now is not of active vs passive but of active and passive, as there is ample scope for both segments to grow exponentially in the years to come.
https://files.hdfcfund.com/s3fs-public/media-center/2022-11/Mr.%20Navneet%20Munot%27s%20interview%20in%20Mutual%20Fund%20Insight.pdf

The single biggest moat in India has actually been the management
https://www.valueresearchonline.com/stories/48410/the-single-biggest-moat-in-india-has-actually-been-the-management/

India and the ESG challenge
The need to integrate ESG considerations into investment analysis will only grow stronger.
https://inspire.sbimf.com/Home/Details?ID=Mzk=&Title=SW5kaWEgYW5kIHRoZSBFU0cgQ2hhbGxlbmdl

Need for large fund houses to take the lead on sustainable investing
Asset managers should pull up their values-based socks as the need to invest with an eye on ESG issues will only get stronger.
https://inspire.sbimf.com/Home/Details?ID=Mzg=&Title=

A tectonic shift in household savings and investment
India's savings patterns are likely to see a tectonic shift, with far-reaching implications for the economy and financial system- a diversification from real estate, gold etc to mutual funds and pension products
https://inspire.sbimf.com/Home/Details?ID=MTA=&Titl

The Green Investor: Navneet Munot
Following the ESG Framework while picking the right investments for a portfolio is a strategy that has reaped rich returns.
https://beta.sbimf.com/docs/default-source/esg-fund-documents/forbes-india-magazine-the-green-investor-navneet-munot.pdf

Boosting domestic equity flows key to India’s economic self-reliance, says Navneet Munot of HDFC AMC
https://www.thehindubusinessline.com/markets/boosting-domestic-equity-flows-key-to-indias-economic-self-reliance-says-navneet-munot-of-hdfc-amc/article66803769.ece

Fireside Chat with Navneet Munot, MD & CEO, HDFC Asset Management Company Limited
https://www.expresscomputer.in/videos/the-digital-leadership-symposium/fireside-chat-with-navneet-munot-md-ceo-hdfc-asset-management-company-limited/97022/

Navneet Munot of HDFC AMC shares key investing lessons for volatile times
https://www.livemint.com/news/india/navneet-munot-of-hdfc-amc-shares-key-investing-lessons-for-volatile-times-11654515193569.html

Navneet Munot Of HDFC AMC Shares His Top Investment Themes And Market Mantra
https://www.businesstoday.in/bt-tv/union-budget-2023/video/navneet-munot-of-hdfc-amc-shares-his-top-investment-themes-and-market-mantra-369766-2023-02-10

“Person of the Year 2021” by Navneet Munot, CFA
https://cfasocietyindia.org/person-of-the-year-2021-by-navneet-munot-cfa/

Looking back, Moving forward by Navneet Munot, CFA
https://cfasocietyindia.org/looking-back-moving-forward-by-navneet-munot-cfa/

Nilesh Shah, Navneet Munot and Vivek Prasad deliberate on India's growth beyond 5 Trillion Economy at TLOI's exclusive on-ground engagement
https://www.aninews.in/news/business/business/nilesh-shah-navneet-munot-and-vivek-prasad

Navneet Munot, MD & CEO, HDFC Asset Management Company honored with the prestigious Mumbai Ratna Awards 2021
https://nrinews24x7.com/navneet-munot-md-ceo-hdfc-asset-management-company-honored-with-the-prestigious-mumbai-ratna-awards-2021/

Market Outlook (Aug 2019) - Navneet Munot, CIO – SBI Funds Management Private Limited

Sustainable Investing (Aug 2019) - Navneet Munot, CIO – SBI Funds Management Private Limited

SBI MF's Navneet Munot on why it makes sense to invest in multicap funds now
https://economictimes.indiatimes.com/markets/expert-view/why-it-makes-sense-to-invest-in-multicaps-now-navneet-munot-sbi-mf/articleshow/65963026.cms?from=mdr

Firms that ignored environment got severely punished on D-Street: Navneet Munot, SBI MF
https://economictimes.indiatimes.com/markets/stocks/news/firms-that-ignored-environment-got-severely-punished-on-d-street-navneet-munot-sbi-mf/videoshow/67991817.cms

SBIMF - CIO'S Desk
https://www.sbimf.com/en-us/cio-desks?CIOSpeakcategory=Person%20of%20the%20Year

Coffee Can Investing | Navneet Munot feels investing in equities is more about EQ than IQ
https://www.moneycontrol.com/news/business/coffee-can-investing-navneet-munot-feels-investing-in-equities-is-more-about-eq-than-iq-3912741.html

Is it time to bottom fish in mid, smallcaps? Navneet Munot of SBI MF tells you
https://www.timesnownews.com/videos/et-now/companies/is-it-time-to-bottom-fish-in-mid-smallcaps-navneet-munot-of-sbi-mf-tells-you/10812

SBI CIO Navneet Munot is the new Chairman of CFA Society India
https://cafemutual.com/news/industry/14855-sbi-cio-navneet-munot-is-the-new-chairman-of-cfa-society-india

In conversation with Mr. Navneet Munot
https://annamrita.org/blog/in-conversation-with-mr-navneet-munot/

Market Outlook- May 2019 by Navneet Munot,CFA
https://cfasocietyindia.com/2019/05/08/market-outlook-may-2019-by-navneet-munotcfa/

Person of the year 2018

Market Outlook (December 2017): Navneet Munot, CIO, SBI Funds management Private Limited

Person of the year 2016: Navneet Munot, CIO, SBI Funds management Private Limited

Get ready for a long winter and India should not be complacent: Navneet Munot, CIO, SBI Mutual Fund
http://economictimes.indiatimes.com/markets/expert-view/get-ready-for-a-long-winter-and-india-should-not-be-complacent-navneet-munot-cio-sbi-mutual-fund/articleshow/52967948.cms

Worst may be over for earnings, to grow 15 per cent: Navneet Munot, SBI Mutual Fund
http://economictimes.indiatimes.com/opinion/interviews/worst-may-be-over-for-earnings-to-grow-15-per-cent-navneet-munot-sbi-mutual-fund/articleshow/50373997.cms

Rural economy can be a very big driver of growth for the next couple of years: Navneet Munot, SBI Mutual Fund
http://economictimes.indiatimes.com/markets/expert-view/rural-economy-can-be-a-very-big-driver-of-growth-for-the-next-couple-of-years-navneet-munot-sbi-mutual-fund/articleshow/53809531.cms

India a stock picker's paradise, safety in large-caps: SBI MF
India stands out amongst emerging markets in the long term and is less vulnerable to global factors, says Navneet Munot, CIO of SBI MF.
http://www.moneycontrol.com/news/mf-interview/indiastock-pickers-paradise-safetylarge-caps-sbi-mf_7813661.html

The disruptive power of technology
The fund industry may have embraced machines and robots, but managing money still needs the human touch
http://www.business-standard.com/article/markets/the-disruptive-power-of-technology-116092801461_1.html

Archives from the CIO's Desk
https://www.sbimf.com/AboutUs/CIO_Desk/Archives.aspx

The green investor: Navneet Munot
SBI Mutual Fund's Navneet Munot follows the ESG framework while picking the right companies for his portfolio, a strategy that has reaped rich returns
http://forbesindia.com/article/investment-guide-2016/the-green-investor-navneet-munot/42051/0

Broaden your portfolio, don't chase defensives: Navneet Munot
Interview with CIO, SBI Mutual Fund
http://www.business-standard.com/article/markets/broaden-your-portfolio-don-t-chase-defensives-navneet-munot-113121700177_1.html

Equity Outlook: Focus on stock picking to generate alpha
http://www.business-standard.com/article/markets/equity-outlook-focus-on-stock-picking-to-generate-alpha-114121500026_1.html

Navneet Munot on credit
Navneet Munot, Executive Director and CIO, SBI Mutual Fund, shares his views during a panel discussion at the Morningstar Investment Conference held in Mumbai.
http://www.morningstar.in/posts/35400/navneet-munot-on-credit.aspx

Credit quality matters in debt funds
http://www.morningstar.in/posts/34997/3/.aspx

Mint conclave: Tax advantage for arbitrage funds should go
Panellists at Mint’s mutual fund conclave talked about various lessons learnt from their experiences in the mutual fund industry
http://www.livemint.com/Money/Ly7eHI6IxKFPNIJ5z0MOOJ/Mint-conclave-Arbitrage-causing-tax-laws-must-go.html


Videos


Horizon Videozine | Expert's View


In conversation with Vallabh Bhanshali


Market Outlook & More | Samvat 2079 | Market Masters


#INWEALTH: Keynote: Investing In The New "New Normal”


Generating Alpha & Building Long Term Portfolio | Investment Guide


Ramesh Damani Quizzes Leading Fund Manager | Wizards of Dalal Street


CIO's Insights: Managing Uncertainty | CFA Society India


Identifying the Next Mega Trend


Coffee Can Investing | Investing in equities is more about EQ than IQ


Sustainable Investing, Cafemutual


Echoes of America Boom in India


कैसे मिलेगी Financial Freedom? | Financial Freedom Ka Formula, Anil Singhvi और Navneet Munot के साथ


HDFC AMC's Navneet Munot Discusses The Way Ahead For Mutual Funds Industry


Navneet Munot, CIO, SBI Mutual Fund on CNBC Markets Today - The Fear Factor on 4th October 2018


Navneet Munot, CIO SBI Mutual Fund on Nivesh Ki Baat, May 2018


CNBC Awaaz Budget 2016 - 29 Feb 2016 - Mr Navneet Munot CIO, SBI Mutual Fund


NDTV Profit Value Investing Decoded Season 3 - Mr Navneet Munot - CIO, SBI Mutual Fund


The Perspective 2016, held on February 08 2016 - SBI Mutual Fund


Nivesh Ki Baat with Navneet Munot- CIO SBIMF on 13th May 2016


Nivesh Ki Baat by Navneet Munot, CIO - SBI MF


Mr. Navneet Munot, CIO, SBI Mutual Fund on Wealth Manager Bloomberg TV - July 2, 2015


Navneet Munot on Indian Economy the Entrepreneurship Summit 2014 – IIT Bombay


ET Now Market Makers 06 Feb 2016 - Mr Navneet Munot CIO, SBI Mutual Fund