Superstar investor Vijay Kedia is betting on midcaps to produce the next multibaggers for his Rs 1,400 crore listed equity portfolio, even if the headline indices go nowhere. But his search is not simply for the next fashionable sector: it is for businesses with years of growth ahead that the market is willing to sell at a discount, sometimes after a single disappointing quarter.
The veteran value investor organises his thematic bets around the RISE framework, which is an acronym for four themes: renewables and energy transition, infrastructure, security, including defence and cybersecurity, and emerging technologies such as electric vehicles and data centres.
