FLAME University


The Epicentre of Value Investing in India

Nilesh Shah is Managing Director of Kotak AMC. 

Nilesh lead his team to the Best Fund House of the Year Award at all the mutual funds where he has worked viz. Kotak, ICICI Prudential and Franklin Templeton Mutual Fund. 

Nilesh is a part time member of the Economic Advisory Council to the Prime Minister. He is a part time member of Unique Identification Authority of India (UIDAI). He is a member of the Board of Association of Mutual Funds in India and a Member of CoBoSAC committee of SEBI.


Transformation of India | FLAME Investment Lab With The Masters (June 2023)

India: Re-architecting The Way It Works | FLAME Investment Lab With The Masters (July 2017)

Disclaimer - FLAME University is a fully philanthropic, not-for-profit university. The FLAME Investment Lab is established with the aim of providing a platform for experienced specialists to assist humble practitioners and students in acquiring knowledge about the art and science of investing. It is important to note that the courses offered, as well as the materials shared during these courses and on our website, should be regarded solely as educational resources.

Please be advised that no recommendations to buy, sell, or hold any particular investment should be anticipated from these presentations. The content provided is strictly for educational purposes and does not constitute investment advice or tips.

Interviews and Articles

Nilesh Shah suggests Kotak Mahindra AMC may consider raising investments in these 3 sectors

Kotak AMC's Nilesh Shah believes mutual fund is the right option to choose

FY24 to be another volatile year, positive on auto space: Kotak AMC's Nilesh Shah

RBI pause like Sachin Tendulkar stroke on tricky pitch: Nilesh Shah

As long as wife manages home in Rs. 17...': Kotak Mahindra AMC's Nilesh Shah on keeping his job

Next year will see a fight between fund flow versus fundamentals: Nilesh Shah, Kotak AMC

Kotak AMC MD Nilesh Shah on SVB crisis, Fed's balancing act

RBI rate hike like an insurance policy, erring on side of caution: Nilesh Shah, Kotak AMC

Returns from debt and equity will be similar in CY23: Nilesh Shah, MD, Kotak Mutual Fund

My first-ever investment was my worst decision; I almost ended up losing all the money: Nilesh Shah

Nilesh Shah on Private Sector Revival:

Indian market is trading at a gold valuation, says Nilesh Shah of Kotak AMC

Why Kotak AMC's Nilesh Shah believes Indian market is due for a correction

India is an oasis in the desert, says Nilesh Shah of Kotak AMC

Infra, FMCG could outperform market in FY-24: Nilesh Shah

Global growth will slow down, says Kotak Mahindra AMC MD Nilesh Shah

Nilesh Shah lists three reasons for FII selloff

Why Nilesh Shah, CEO, Kotak Mahindra mutual fund advises investors to focus more on the green zone of the stock market

Nilesh Shah's recommendation on how to build a portfolio in this bull market

Nilesh Shah of Kotak Mutual Fund expects a pro-growth, pro-market budget

To create alpha in volatile markets challenging for mutual funds: Nilesh Shah

Correction in midcap IT provides a good entry point: Nilesh Shah

‘India’s unproductive saving’: Nilesh Shah on India’s rising gold imports

All sectors will go up in rising tide of India but first get on a boat, Kotak’s Nilesh Shah says

Markets could have been delinked from economy for a while but not for 18 months…don’t think it will crash: Nilesh Shah

Predictions 2022: Kotak AMC's Nilesh Shah predicts great disruption due to digitalisation in financialisation

Demonetisation and GST sets stage for sovereign rating upgrade: Nilesh Shah, Kotak AMC

It is time to invest in the market: Nilesh Shah, Kotak AMC

Nilesh Shah's 3-formula strategy to pick winning stocks
If you want to do active stock picking, here's how you should do it, says Nilesh Shah, MD of Kotak AMC.

Time to be cautious but not to panic: Kotak MF's Nilesh Shah
A continuing risk-off in global financial markets is likely to impact India as well in the near term as passive funds pull out from equities without discrimination, says Nilesh Shah, MD of Kotak Mahindra Asset Management Company.

There’s money to be made in equity better than in other assets’

Pehla Sauda

Mad dash to the finishing line
Our investing habits have a lot to learn from cricket: here too you don’t win on the first ball.

Equity route to your destination
Equity investors should let experts manage their money and stay for the long haul

It is a time to buy, and buy for long term: Nilesh Shah
Interview with managing director, Kotak Mahindra Asset Management

Majority of economic ownership should be in the hands of Indians: Nilesh Shah
Interview with Managing director, Kotak Mahindra Asset Management

Equity investment a real short cut to become wealthy: Nilesh Shah
In an interview Niral Shah of ET Now, Nilesh Shah, MD, Kotak AMC, at a B-school event, shares two to three things an equity investor must follow to achieve financial independence by his/her retirement age.

Nilesh Shah on why the right time to invest is now
Nilesh Shah, Managing Director of Kotak Mahindra AMC, shared his views during a panel discussion at the Morningstar Investment Conference held in Bengaluru.

Investors can hope for a better 2016
One aspect of fiscal discipline is that the government’s net borrowing programme is lower than last year’s by Rs.15,000 crore, giving more funds for private sector investment

Delays affect competitiveness
Interest during construction from being a reasonable part of a normal project cost becomes a significant part of a delayed project cost, hampering future competitiveness

A to-do list for mutual funds in 2016
Mutual funds have become a short-term vehicle rather than a long-term one

How we missed creating an additional trillion-dollar economy
India remitted more money than what it received in FDI or FII inflows in the past decade. If we had retained and invested the $227 billion within the economy, it would have created an additional trillion-dollar-plus economy

Modern arthashashtra - waging a war on the economy
Regulators and policymakers will have to be prepared with a deeper understanding of the market

Equity returns will moderate but continue to outperform
Investors should take advantage of every correction to increase their allocation to equity

Heads I win, tails you lose
There are different standards for the developed world and the developing world

Increase productivity and lower cost of capital
Indian economy has been suffering from high inflation for some time now

Why is financial saving falling?
Ease of transacting remains an issue in most financial services other than banking

Secrets that market capitalization hold
Sectors such as real estate contribute less than 1% to the total market cap

Did the US default in 1971?
If we went by the US version of history, we’d believe that they have never defaulted

Interview with Mr. Nilesh Shah, Chief Investment Officer, Franklin - Templeton Asset
Synopsis of the interview with Mr. Nilesh Shah, Chief Investment Officer, Franklin - Templeton Asset Management India Private Limited, Mumbai, India.


A Direct Take: Investment stories to help you make a life without Intervals
Written as a series of short stories, this book is a simple guide to help one understand the importance of managing money. It lays out simple principles on how to manage one's money better, lead a more fulfilling life, and what common pitfalls to avoid in investing.
Written by renowned investment expert, Nilesh Shah (MD & CEO, Axis Capital and Director, Axis Securities), and co-authored by Modan Saha (Joint Managing Director & CEO – Retail Broking, Axis Securities), this book is a must-read for anyone looking for guidance on improving his or her long-term financial health.


Markets Fairly Priced, Ideal Time To Top-Up Equity Allocation: Nilesh Shah

Nilesh Shah: Discussion On How To Save And Invest & Market Volatility | IIFL Securities

Are market valuations stretched? | Kotak AMC's Nilesh Shah to ET NOW

Mr. Nilesh Shah, MD Kotak MF at Money Bee Month 2017

How to make India Great by Nilesh Shah MD Kotak Mutual Funds at Money Bee Month

Etica Wealth Management presents a talk on "The Art of Wealth Creation" by Mr Nilesh Shah

Investor's Guide - In Conversation with Nilesh Shah

Equity Market Outlook for 2016- Nilesh Shah

InvestorForum - Investor Forum Mumbai - India's Biggest Investor Camp.

Back To School - Advising Students On How To Approach Investment

Exclusive Interaction with Mr. Nilesh Shah, Managing Director, Kotak Asset Management.

Investor’s Guide: Samvat 2072 - The Street View

Shri Nilesh Shah, Money Bee Month 2016