ETMarkets Smart Talk| From capex to contrarian investing: How large-caps offer long-term alpha, Mahesh Patil decodes

Mahesh Patil, CIO at Aditya Birla Sun Life AMC, advocates large-cap investing for long-term alpha, stability, and consistent returns. He notes market consolidation is easing, with domestic factors improving and earnings growth expected to revive to 10-11%. Patil also views the IT sector as a contrarian opportunity and advises selective participation in the revived IPO market, focusing on differentiated companies.