'We plan to apply for MF licence'

PL Capital is developing quant-based and smart beta strategies, Amisha Vora, chairperson and managing director, tells Nesil Staney in an interview. She speaks about her favourite sectors and stocks, sharp rise in wealth-creation potential in the unlisted space, regulatory developments and the firm’s business plans. Excerpts:

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We're developing quant-based and smart beta strategies, building on the success of our AQUA PMS, which has delivered 23.1% annualised returns since inception, versus the benchmark’s 19.5%.

We plan to apply for a mutual fund licence, with a focus on launching products that deliver meaningful value and align with our innovation-led, performance-driven vision.

Which are your favourite 10 stocks and 5 sectors?

We see strong opportunities in sectors aligned with India’s structural growth drivers — consumption, defence, banking & financial services, infrastructure and power — backed by policy support, rising demand, and long investment cycles. High-conviction ideas within this framework include Britannia, ITC, Titan Industries, InterGlobe Aviation, Adani Ports, Max Healthcare, Siemens Energy, Larsen & Toubro, ICICI Bank, HDFC Bank, Mahindra & Mahindra, Hindustan Aeronautics, and Bharat Electronics.

Which regulatory move was most significant for the broking industry?